Level Four Advisory Services LLC Reduces Holdings in Meta Platforms, Inc. $META

Level Four Advisory Services LLC cut its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.2% in the 1st quarter, HoldingsChannel reports. The fund owned 45,378 shares of the social networking company’s stock after selling 73 shares during the quarter. Meta Platforms accounts for 1.1% of Level Four Advisory Services LLC’s portfolio, making the stock its 12th biggest position. Level Four Advisory Services LLC’s holdings in Meta Platforms were worth $26,154,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Tradition Wealth Management LLC boosted its holdings in Meta Platforms by 20.2% during the 1st quarter. Tradition Wealth Management LLC now owns 3,767 shares of the social networking company’s stock valued at $2,171,000 after acquiring an additional 634 shares during the period. Vertex Planning Partners LLC raised its position in Meta Platforms by 2.0% during the 1st quarter. Vertex Planning Partners LLC now owns 1,032 shares of the social networking company’s stock valued at $595,000 after purchasing an additional 20 shares during the last quarter. Heritage Financial Services LLC raised its position in Meta Platforms by 62.4% during the 1st quarter. Heritage Financial Services LLC now owns 898 shares of the social networking company’s stock valued at $518,000 after purchasing an additional 345 shares during the last quarter. Carmignac Gestion raised its position in Meta Platforms by 2.3% during the 1st quarter. Carmignac Gestion now owns 152,865 shares of the social networking company’s stock valued at $88,105,000 after purchasing an additional 3,387 shares during the last quarter. Finally, ZEGA Investments LLC raised its position in Meta Platforms by 2.6% during the 1st quarter. ZEGA Investments LLC now owns 5,349 shares of the social networking company’s stock valued at $3,083,000 after purchasing an additional 136 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Down 1.2%

Shares of NASDAQ:META opened at $739.10 on Friday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.86 trillion, a P/E ratio of 26.76, a P/E/G ratio of 1.55 and a beta of 1.27. The stock has a 50 day moving average price of $728.87 and a 200-day moving average price of $657.34. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the company earned $5.16 EPS. The business’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Monday, June 16th were paid a $0.525 dividend. The ex-dividend date was Monday, June 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 7.60%.

Wall Street Analyst Weigh In

A number of research analysts have commented on META shares. Sanford C. Bernstein upped their price target on Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Piper Sandler upped their price target on Meta Platforms from $808.00 to $880.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. BMO Capital Markets upped their price target on Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Scotiabank upped their price target on Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Finally, Monness Crespi & Hardt upped their price target on Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Three 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $822.41.

Insider Buying and Selling

In related news, CTO Andrew Bosworth sold 11,694 shares of the company’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 $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This represents a 86.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 517 shares of the company’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 $400,675.00. Following the completion of the sale, the chief operating officer owned 13,128 shares in the company, valued at $10,174,200. The trade was a 3.79% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 313,803 shares of company stock worth $235,276,424 over the last three months. Corporate insiders own 13.61% of the company’s stock.

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.