Lynx Investment Advisory grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,832 shares of the social networking company’s stock after purchasing an additional 38 shares during the period. Lynx Investment Advisory’s holdings in Meta Platforms were worth $1,056,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in Meta Platforms during the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms during the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms during the first quarter valued at about $33,000. JCIC Asset Management Inc. boosted its stake 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 valued at $46,000 after buying an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. bought a new position in Meta Platforms during the fourth quarter valued at about $47,000. Institutional investors own 79.91% of the company’s stock.
Insiders Place Their Bets
In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was 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 approximately $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $757.50, for a total value of $393,142.50. Following the sale, the insider owned 31,389 shares of the company’s stock, valued at $23,777,167.50. The trade was a 1.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 283,280 shares of company stock valued at $214,119,908. 13.61% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on META
Meta Platforms Trading Down 0.1%
NASDAQ:META opened at $750.90 on Friday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. 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 stock has a fifty day simple moving average of $741.05 and a 200 day simple moving average of $661.24.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the company posted $5.16 EPS. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.525 per share. The ex-dividend date is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.
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.
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