TFB Advisors LLC Increases Stake in Meta Platforms, Inc. $META

TFB Advisors LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 4,142 shares of the social networking company’s stock after purchasing an additional 220 shares during the period. TFB Advisors LLC’s holdings in Meta Platforms were worth $2,387,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of META. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the 1st quarter valued at about $33,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of Meta Platforms during the 4th quarter valued at about $45,000. Finally, JCIC Asset Management Inc. boosted its holdings in shares of 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 last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $739.10 on Friday. The firm’s 50 day moving average price is $728.87 and its 200-day moving average price is $657.34. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. 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 market capitalization of $1.86 trillion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 1.55 and a beta of 1.27.

Meta Platforms (NASDAQ:META) last released its earnings results 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 net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion for the quarter, compared to analysts’ expectations of $44.55 billion. During the same quarter last year, the business earned $5.16 EPS. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 16th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, June 16th. 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%.

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $400,675.00. Following the sale, the chief operating officer owned 13,128 shares in the company, valued at approximately $10,174,200. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $402,225.00. Following the sale, the insider directly owned 32,946 shares of the company’s stock, valued at approximately $25,533,150. This trade represents a 1.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 313,803 shares of company stock worth $235,276,424 in the last 90 days. Insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

META has been the topic of a number of recent analyst reports. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and raised their price target for the company from $610.00 to $900.00 in a report on Thursday, July 31st. Guggenheim reaffirmed a “buy” rating and set a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a report on Monday, July 28th. JPMorgan Chase & Co. raised their price target on shares of Meta Platforms from $795.00 to $875.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Finally, TD Securities lowered their price objective on shares of Meta Platforms from $725.00 to $700.00 and set a “buy” rating on the stock in a research note on Thursday, May 1st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

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.