Meta Platforms, Inc. $META Shares Sold by Kintegral Advisory LLC

Kintegral Advisory LLC cut its position in Meta Platforms, Inc. (NASDAQ:META) by 0.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,119 shares of the social networking company’s stock after selling 27 shares during the quarter. Meta Platforms comprises 1.2% of Kintegral Advisory LLC’s holdings, making the stock its 12th biggest position. Kintegral Advisory LLC’s holdings in Meta Platforms were worth $13,373,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Csenge Advisory Group raised its position in shares of 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 buying an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC raised its position in shares of 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 buying an additional 34 shares in the last quarter. JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms during the 1st quarter worth about $284,000. Infusive Asset Management Inc. raised its holdings in shares of 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 worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC raised its holdings 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 worth $3,011,000 after purchasing an additional 109 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

META stock opened at $734.00 on Friday. 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 company has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 1.53 and a beta of 1.20. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a 50 day moving average of $743.05 and a two-hundred day moving average of $688.52.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company’s revenue for the quarter was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analysts Set New Price Targets

META has been the topic of a number of research reports. DA Davidson boosted their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Loop Capital reiterated a “buy” rating and issued a $980.00 target price (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Monness Crespi & Hardt boosted their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $829.66.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $721.30, for a total transaction of $372,912.10. Following the completion of the sale, the chief operating officer directly owned 8,475 shares of the company’s stock, valued at approximately $6,113,017.50. This represents a 5.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the sale, the director directly owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This represents a 5.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 214,182 shares of company stock valued at $164,951,541. Company insiders own 13.61% of the company’s stock.

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.