Gunderson Capital Management Inc. Sells 327 Shares of Meta Platforms, Inc. $META

Gunderson Capital Management Inc. cut its position in Meta Platforms, Inc. (NASDAQ:META) by 1.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,625 shares of the social networking company’s stock after selling 327 shares during the period. Meta Platforms makes up 5.7% of Gunderson Capital Management Inc.’s holdings, making the stock its 4th largest position. Gunderson Capital Management Inc.’s holdings in Meta Platforms were worth $13,747,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of META. 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 valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of 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 valued at $5,537,000 after purchasing an additional 875 shares during the period. GAMMA Investing LLC increased its holdings in shares of Meta Platforms by 16.7% in the first quarter. GAMMA Investing LLC now owns 40,691 shares of the social networking company’s stock valued at $23,453,000 after purchasing an additional 5,829 shares during the period. 1776 Wealth LLC increased its holdings in shares of Meta Platforms by 137.2% in the first 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 during the period. Finally, Curran Financial Partners LLC increased its holdings in shares of Meta Platforms by 11.0% in the first quarter. Curran Financial Partners LLC now owns 1,036 shares of the social networking company’s stock valued at $597,000 after purchasing an additional 103 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Up 0.7%

Shares of META opened at $716.91 on Monday. 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, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock’s 50 day moving average is $746.75 and its two-hundred day moving average is $684.78. The firm has a market cap of $1.80 trillion, a P/E ratio of 25.96, a PEG ratio of 1.50 and a beta of 1.20.

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

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were issued a $0.525 dividend. 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%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on META. Raymond James Financial increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a “strong-buy” rating in a report on Thursday, July 31st. Morgan Stanley raised their price objective on shares of Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Piper Sandler raised their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research note on Thursday, July 31st. Oppenheimer raised their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and an average target price of $830.68.

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, valued at $5,697,760.59. The trade was a 5.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $707.85, for a total value of $367,374.15. Following the completion of the sale, the insider directly owned 28,794 shares in the company, valued at $20,381,832.90. This represents a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 213,665 shares of company stock valued at $164,568,109. Company insiders own 13.61% of the company’s stock.

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.