Wealth Management Nebraska Sells 49 Shares of Meta Platforms, Inc. $META

Wealth Management Nebraska cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.3% during the second quarter, Holdings Channel reports. The fund owned 883 shares of the social networking company’s stock after selling 49 shares during the period. Wealth Management Nebraska’s holdings in Meta Platforms were worth $648,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Csenge Advisory Group grew its position in Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock worth $5,498,000 after acquiring an additional 1,019 shares during the last quarter. ARQ Wealth Advisors LLC grew its position in Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares during the last quarter. JMG Financial Group Ltd. bought a new stake in Meta Platforms during the 1st quarter worth approximately $284,000. Infusive Asset Management Inc. boosted its position in Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after buying an additional 2,285 shares during the last quarter. Finally, Spirepoint Private Client LLC increased its stake in shares of Meta Platforms by 2.7% in the 2nd quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $716.98, for a total transaction of $372,112.62. Following the sale, the insider owned 29,313 shares of the company’s stock, valued at approximately $21,016,834.74. This trade represents a 1.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $713.34, for a total value of $368,796.78. Following the sale, the chief operating officer directly owned 8,992 shares in the company, valued at $6,414,353.28. The trade was a 5.44% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 213,198 shares of company stock valued at $164,232,558. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on META shares. Morgan Stanley lifted their target price on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. BMO Capital Markets lifted their target price on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research note on Thursday, July 31st. Pivotal Research lifted their target price on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Truist Financial set a $880.00 target price on Meta Platforms in a research note on Thursday, September 18th. Finally, Sanford C. Bernstein lifted their target price on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $830.68.

Meta Platforms Stock Up 1.3%

NASDAQ:META opened at $717.55 on Thursday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.98, a P/E/G ratio of 1.48 and a beta of 1.20. The stock’s fifty day simple moving average is $748.80 and its 200-day simple moving average is $681.19.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.75 by $1.39. The business had revenue of $47.52 billion for 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 was up 21.6% on a year-over-year basis. During the same period last year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

Meta Platforms 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.