Motco Acquires 2,694 Shares of Meta Platforms, Inc. $META

Motco increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 12.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,991 shares of the social networking company’s stock after buying an additional 2,694 shares during the period. Meta Platforms accounts for 1.8% of Motco’s holdings, making the stock its 8th largest position. Motco’s holdings in Meta Platforms were worth $18,556,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in META. Csenge Advisory Group raised its position in shares of Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company’s stock valued at $5,498,000 after buying an additional 1,019 shares in the last quarter. ARQ Wealth Advisors LLC boosted its position in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company’s stock worth $452,000 after acquiring an additional 34 shares in the last quarter. JMG Financial Group Ltd. bought a new position in Meta Platforms in the first quarter valued at approximately $284,000. Infusive Asset Management Inc. raised its position in Meta Platforms by 10.7% during the first quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock valued at $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Finally, Spirepoint Private Client LLC lifted its stake in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after purchasing an additional 109 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $656.00, for a total value of $339,152.00. Following the completion of the sale, the chief operating officer directly owned 7,441 shares in the company, valued at $4,881,296. This represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $628.00, for a total value of $325,932.00. Following the transaction, the insider directly owned 27,237 shares of the company’s stock, valued at approximately $17,104,836. This represents a 1.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 75,798 shares of company stock valued at $58,347,026 over the last 90 days. 13.61% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on META shares. Zacks Research upgraded Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Mizuho reduced their price objective on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Wednesday, October 8th. Wedbush reissued an “outperform” rating and issued a $920.00 target price on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Morgan Stanley raised their price target on shares of Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $827.60.

Meta Platforms Stock Performance

NASDAQ:META opened at $621.71 on Friday. The stock’s 50-day moving average is $726.22 and its 200-day moving average is $702.51. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The stock has a market cap of $1.56 trillion, a P/E ratio of 27.46, a price-to-earnings-growth ratio of 1.38 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the company earned $6.03 EPS. The firm’s revenue was up 26.2% compared to the same quarter last year. Meta Platforms has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is 9.28%.

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.