VanderPol Investments L.L.C. Sells 40 Shares of Meta Platforms, Inc. $META

VanderPol Investments L.L.C. cut its stake in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 4.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 964 shares of the social networking company’s stock after selling 40 shares during the period. Meta Platforms comprises about 1.2% of VanderPol Investments L.L.C.’s investment portfolio, making the stock its 21st largest position. VanderPol Investments L.L.C.’s holdings in Meta Platforms were worth $556,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Inlight Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the first quarter worth about $33,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in Meta Platforms in the fourth quarter worth about $45,000. Finally, JCIC Asset Management Inc. lifted its stake in Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after acquiring an additional 40 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer directly owned 84,141 shares of the company’s stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Insiders sold 313,803 shares of company stock valued at $235,276,424 in the last three months. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Performance

META stock opened at $739.10 on Friday. The firm has a market cap of $1.86 trillion, a price-to-earnings ratio of 26.76, a PEG ratio of 1.55 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a 50-day simple moving average of $728.87 and a two-hundred day simple moving average of $657.34. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. During the same period last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 31st. Roth Capital upped their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a research note on Tuesday, July 8th. Benchmark upped their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Stifel Nicolaus upped their price objective on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada upped their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $822.41.

Read Our Latest Stock Analysis on META

About Meta Platforms

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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