Meta Platforms, Inc. $META Stock Holdings Trimmed by Courage Capital Management LLC

Courage Capital Management LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 40.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,450 shares of the social networking company’s stock after selling 3,050 shares during the period. Meta Platforms makes up approximately 5.2% of Courage Capital Management LLC’s investment portfolio, making the stock its 6th largest holding. Courage Capital Management LLC’s holdings in Meta Platforms were worth $2,565,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Inlight Wealth Management LLC purchased a new stake in Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms in the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms in the 1st quarter worth about $33,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of Meta Platforms during the 4th quarter worth approximately $45,000. Finally, JCIC Asset Management Inc. raised its position in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $784.32, for a total transaction of $364,708.80. Following the completion of the sale, the director directly owned 8,877 shares in the company, valued at $6,962,408.64. This trade represents a 4.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 313,803 shares of company stock worth $235,276,424. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Stock Up 2.1%

META stock opened at $754.79 on Friday. The firm has a market cap of $1.90 trillion, a PE ratio of 27.33, a PEG ratio of 1.54 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm’s 50 day moving average price is $730.31 and its 200-day moving average price is $657.68. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the prior year, the business posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, June 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.60%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Citizens Jmp increased their target price on Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Wedbush upped their price objective on shares of Meta Platforms from $750.00 to $920.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Needham & Company LLC upgraded shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Raymond James Financial raised their target price on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “strong-buy” rating in a research note on Thursday, July 31st. Finally, Morgan Stanley boosted their target price on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $822.41.

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.