RoundAngle Advisors LLC Grows Position in Meta Platforms, Inc. $META

RoundAngle Advisors LLC lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.4% in the second quarter, HoldingsChannel.com reports. The firm owned 2,529 shares of the social networking company’s stock after acquiring an additional 82 shares during the quarter. Meta Platforms accounts for about 1.6% of RoundAngle Advisors LLC’s investment portfolio, making the stock its 28th largest holding. RoundAngle Advisors LLC’s holdings in Meta Platforms were worth $1,867,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Barnes Dennig Private Wealth Management LLC purchased a new position in shares of Meta Platforms during the 1st quarter worth $28,000. Evergreen Private Wealth LLC grew its holdings in shares of Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter worth $33,000. Maseco LLP purchased a new position in Meta Platforms during the 2nd quarter valued at about $54,000. Finally, JCIC Asset Management Inc. boosted its holdings in Meta Platforms by 102.6% during the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after acquiring an additional 40 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

META stock opened at $734.00 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market capitalization of $1.84 trillion, a P/E ratio of 26.57, a P/E/G ratio of 1.53 and a beta of 1.20. The business’s 50-day moving average is $743.05 and its two-hundred day moving average is $688.52. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

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

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were given 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 (DPR) is 7.60%.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $736.37, for a total transaction of $382,176.03. Following the sale, the insider owned 28,275 shares of the company’s stock, valued at approximately $20,820,861.75. This trade represents a 1.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $721.30, for a total value of $372,912.10. Following the sale, the chief operating officer directly owned 8,475 shares in the company, valued at $6,113,017.50. This trade represents a 5.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,182 shares of company stock valued at $164,951,541. Corporate insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on META. Zacks Research upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Monday. Loop Capital restated a “buy” rating and set a $980.00 target price (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Benchmark raised their target price on Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Hsbc Global Res upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 31st. Finally, Pivotal Research raised their target price on Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $829.66.

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.