Meta Platforms, Inc. $META Shares Purchased by WIM INVESTMENT MANAGEMENT Ltd

WIM INVESTMENT MANAGEMENT Ltd increased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 16.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 63,580 shares of the social networking company’s stock after buying an additional 9,180 shares during the quarter. Meta Platforms comprises 15.6% of WIM INVESTMENT MANAGEMENT Ltd’s investment portfolio, making the stock its 2nd biggest holding. WIM INVESTMENT MANAGEMENT Ltd’s holdings in Meta Platforms were worth $46,928,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the 1st quarter valued at $33,000. Evergreen Private Wealth LLC increased its stake in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the period. Briaud Financial Planning Inc acquired a new stake in shares of Meta Platforms during the second quarter worth about $42,000. WFA Asset Management Corp grew its holdings in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. Finally, Maseco LLP acquired a new position in Meta Platforms in the 2nd quarter valued at about $54,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of META opened at $590.32 on Thursday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The company has a 50-day simple moving average of $704.12 and a 200-day simple moving average of $705.68. The company has a market capitalization of $1.49 trillion, a PE ratio of 26.07, a P/E/G ratio of 1.25 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. During the same period in the prior year, the business posted $6.03 earnings per share. The firm’s revenue for the quarter was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s payout ratio is currently 9.28%.

Insider Activity at Meta Platforms

In other news, CFO Susan J. Li sold 6,875 shares of the firm’s stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares in the company, valued at $53,857,980.20. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert M. Kimmitt sold 600 shares of Meta Platforms stock in a transaction on Monday, November 17th. The stock was sold at an average price of $609.35, for a total value of $365,610.00. Following the transaction, the director directly owned 7,347 shares of the company’s stock, valued at $4,476,894.45. This trade represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,024 shares of company stock valued at $19,233,987 in the last 90 days. 13.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on META shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Scotiabank increased their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Roth Capital restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Guggenheim restated a “buy” rating and issued a $800.00 target price (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $900.00 price target on shares of Meta Platforms in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $825.05.

Meta Platforms Company Profile

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.