GHP Investment Advisors Inc. Raises Holdings in Meta Platforms, Inc. $META

GHP Investment Advisors Inc. grew its position in Meta Platforms, Inc. (NASDAQ:META) by 1.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,456 shares of the social networking company’s stock after acquiring an additional 276 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Meta Platforms were worth $18,051,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the business. Plato Investment Management Ltd increased its stake in Meta Platforms by 1.9% during the second quarter. Plato Investment Management Ltd now owns 50,429 shares of the social networking company’s stock worth $37,085,000 after acquiring an additional 937 shares during the last quarter. Frederick Financial Consultants LLC increased its stake in Meta Platforms by 8.9% in the second quarter. Frederick Financial Consultants LLC now owns 1,377 shares of the social networking company’s stock worth $1,016,000 after purchasing an additional 112 shares during the period. Greater Midwest Financial Group LLC grew its holdings in shares of Meta Platforms by 2.2% in the second quarter. Greater Midwest Financial Group LLC now owns 8,334 shares of the social networking company’s stock worth $6,151,000 after purchasing an additional 183 shares during the last quarter. Atlas Private Wealth Advisors increased its stake in Meta Platforms by 2.8% in the 2nd quarter. Atlas Private Wealth Advisors now owns 4,302 shares of the social networking company’s stock worth $3,180,000 after buying an additional 119 shares during the period. Finally, Sensible Money LLC bought a new stake in Meta Platforms during the 2nd quarter valued at about $242,000. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $402,225.00. Following the completion of the transaction, the insider directly owned 32,946 shares of the company’s stock, valued at approximately $25,533,150. The trade was a 1.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the business’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 58,397 shares of company stock worth $44,662,165. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $627.08 on Wednesday. The business has a 50-day simple moving average of $721.92 and a two-hundred day simple moving average of $705.05. The company has a market cap of $1.58 trillion, a PE ratio of 27.70, a P/E/G ratio of 1.40 and a beta of 1.20. 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 fifty-two week low of $479.80 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly 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. The business had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors 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 was Monday, September 22nd. Meta Platforms’s dividend payout ratio is 9.28%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Bank of America decreased their price target on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Mizuho decreased their target price on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. KeyCorp dropped their price target on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Sanford C. Bernstein restated an “outperform” rating and issued a $870.00 price objective (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Finally, JMP Securities upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $827.60.

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.