Alesco Advisors LLC Acquires 100 Shares of Meta Platforms, Inc. $META

Alesco Advisors LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 24.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 504 shares of the social networking company’s stock after purchasing an additional 100 shares during the quarter. Alesco Advisors LLC’s holdings in Meta Platforms were worth $372,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Meta Platforms by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company’s stock worth $129,666,000 after purchasing an additional 7,587 shares during the period. Highview Capital Management LLC DE boosted its position in shares of Meta Platforms by 3.7% in the fourth quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company’s stock worth $3,624,000 after purchasing an additional 218 shares during the period. Finally, White Knight Strategic Wealth Advisors LLC increased its stake in shares of Meta Platforms by 89.5% in the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 864 shares of the social networking company’s stock worth $506,000 after purchasing an additional 408 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of Meta Platforms stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the transaction, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $757.47, for a total value of $391,611.99. Following the completion of the sale, the chief operating officer directly owned 11,060 shares of the company’s stock, valued at approximately $8,377,618.20. This represents a 4.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 257,903 shares of company stock valued at $196,364,826 in the last ninety days. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Down 0.4%

NASDAQ:META opened at $775.72 on Thursday. The company has a market cap of $1.95 trillion, a price-to-earnings ratio of 28.09, a price-to-earnings-growth ratio of 1.61 and a beta of 1.24. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $744.78 and a 200-day simple moving average of $664.12.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be issued a $0.525 dividend. The ex-dividend date is Monday, September 22nd. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.60%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on META shares. Benchmark upped their target price on shares of Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. HSBC raised Meta Platforms from a “hold” rating to a “buy” rating and upped their price objective for the stock from $610.00 to $900.00 in a research note on Thursday, July 31st. Oppenheimer lifted their target price on Meta Platforms from $775.00 to $870.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. BMO Capital Markets upped their price target on Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research note on Thursday, July 31st. Finally, KeyCorp boosted their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a report on Thursday, July 31st. Three research 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. Based on data from MarketBeat.com, the stock currently has an average 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.