JSF Financial LLC Purchases 521 Shares of Meta Platforms, Inc. $META

JSF Financial LLC raised its position in Meta Platforms, Inc. (NASDAQ:META) by 66.3% in the 2nd quarter, Holdings Channel reports. The firm owned 1,307 shares of the social networking company’s stock after buying an additional 521 shares during the quarter. JSF Financial LLC’s holdings in Meta Platforms were worth $965,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in Meta Platforms in the 1st quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms in the 1st quarter valued at $28,000. Evergreen Private Wealth LLC boosted its holdings in Meta Platforms by 237.5% in the 2nd 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. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms in the 1st quarter valued at $33,000. Finally, Maseco LLP bought a new position in Meta Platforms in the 2nd quarter valued at $54,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

META stock opened at $705.30 on Monday. The firm’s 50-day moving average price is $752.20 and its two-hundred day moving average price is $679.78. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The stock has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 25.54, a PEG ratio of 1.47 and a beta of 1.20. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter in the previous year, the company earned $5.16 earnings per share. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 7.60%.

Insider Activity

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $769.38, for a total value of $12,192,364.86. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares in the company, valued at $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 213,665 shares of company stock worth $164,575,272 over the last ninety days. 13.61% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on META shares. DA Davidson raised their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Wedbush lifted their price objective on shares of Meta Platforms from $750.00 to $920.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Citizens Jmp lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Scotiabank lifted their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $830.68.

About Meta Platforms

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.