GHP Investment Advisors Inc. Acquires 276 Shares of Meta Platforms, Inc. $META

GHP Investment Advisors Inc. boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,456 shares of the social networking company’s stock after buying an additional 276 shares during the period. GHP Investment Advisors Inc.’s holdings in Meta Platforms were worth $18,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its stake in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares in the last quarter. 1776 Wealth LLC boosted its stake in shares of Meta Platforms by 137.2% in the 1st quarter. 1776 Wealth LLC now owns 1,167 shares of the social networking company’s stock valued at $673,000 after purchasing an additional 675 shares in the last quarter. Smart Money Group LLC grew its stake in shares of Meta Platforms by 20.4% during the first quarter. Smart Money Group LLC now owns 2,052 shares of the social networking company’s stock valued at $1,182,000 after buying an additional 348 shares during the last quarter. Finally, Spear Holdings RSC Ltd bought a new position in Meta Platforms during the 1st quarter worth approximately $37,463,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Javier Olivan sold 2,612 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $782.13, for a total value of $2,042,923.56. Following the sale, the chief operating officer owned 7,609 shares of the company’s stock, valued at $5,951,227.17. This represents a 25.56% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 58,397 shares of company stock valued at $44,662,165. Insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

META stock opened at $627.08 on Wednesday. The company has a market cap of $1.58 trillion, a P/E ratio of 27.70, a price-to-earnings-growth ratio of 1.40 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The stock’s fifty day moving average price is $721.92 and its 200-day moving average price is $705.05. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

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

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued 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 payout ratio is currently 9.28%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Zacks Research raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. Royal Bank Of Canada decreased their price objective on Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. DA Davidson set a $825.00 price objective on Meta Platforms in a research report on Thursday, October 30th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $900.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $827.60.

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.