Meta Platforms, Inc. $META Shares Sold by Flossbach Von Storch SE

Flossbach Von Storch SE reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 555,409 shares of the social networking company’s stock after selling 23,519 shares during the period. Meta Platforms accounts for 1.7% of Flossbach Von Storch SE’s portfolio, making the stock its 22nd biggest position. Flossbach Von Storch SE’s holdings in Meta Platforms were worth $409,942,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Meta Platforms by 0.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock worth $2,587,000 after purchasing an additional 13 shares during the last quarter. Pachira Investments Inc. lifted its position in shares of Meta Platforms by 3.0% during the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after purchasing an additional 14 shares during the last quarter. Hemington Wealth Management grew its stake in Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after purchasing an additional 14 shares in the last quarter. Myecfo LLC increased its holdings in Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after buying an additional 15 shares during the last quarter. Finally, Shelton Wealth Management LLC increased its holdings in Meta Platforms by 0.9% in the second quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock valued at $1,302,000 after buying an additional 15 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

META has been the subject of several research reports. Rosenblatt Securities lifted their target price on Meta Platforms from $1,086.00 to $1,117.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Jefferies Financial Group reduced their price objective on Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Zacks Research upgraded shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. DA Davidson set a $825.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Finally, UBS Group lifted their price target on shares of Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a report 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 given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $825.05.

Meta Platforms Stock Down 1.2%

Meta Platforms stock opened at $590.32 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year 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 firm has a market capitalization of $1.49 trillion, a P/E ratio of 26.07, a P/E/G ratio of 1.25 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same period in the previous year, the business posted $6.03 EPS. Meta Platforms’s revenue was up 26.2% on a year-over-year basis. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities 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 announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Insider Activity

In other Meta Platforms news, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares in the company, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Andrew Bosworth sold 5,063 shares of the stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $3,085,695.98. Following the completion of the transaction, the chief technology officer directly owned 6,936 shares of the company’s stock, valued at approximately $4,227,214.56. The trade was a 42.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,024 shares of company stock worth $19,233,987 over the last ninety days. 13.61% of the stock is currently owned by company insiders.

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.