Meta Platforms, Inc. $META Shares Bought by Krilogy Financial LLC

Krilogy Financial LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 10.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,870 shares of the social networking company’s stock after purchasing an additional 2,043 shares during the period. Krilogy Financial LLC’s holdings in Meta Platforms were worth $15,404,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. ABLE Financial Group LLC raised its position in Meta Platforms by 0.7% in the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company’s stock valued at $1,251,000 after purchasing an additional 15 shares during the last quarter. Cedar Point Capital Partners LLC raised its position in Meta Platforms by 2.2% in the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock valued at $433,000 after purchasing an additional 16 shares during the last quarter. IAM Advisory LLC raised its position in Meta Platforms by 0.9% in the 2nd quarter. IAM Advisory LLC now owns 1,844 shares of the social networking company’s stock valued at $1,361,000 after purchasing an additional 16 shares during the last quarter. Mosaic Family Wealth Partners LLC raised its position in Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company’s stock valued at $840,000 after purchasing an additional 17 shares during the last quarter. Finally, Orin Green Financial LLC raised its position in Meta Platforms by 2.2% in the 4th quarter. Orin Green Financial LLC now owns 795 shares of the social networking company’s stock valued at $465,000 after purchasing an additional 17 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 11,694 shares of the firm’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 completion of the sale, the chief technology officer directly owned 1,799 shares of the company’s stock, valued at $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Monday, September 15th. The shares were 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. The trade was a 4.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 257,903 shares of company stock valued at $196,364,826. Corporate insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on META shares. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and lifted their price objective for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. DA Davidson lifted their target price on Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Barclays lifted their target price on Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, Robert W. Baird lifted their target price on Meta Platforms from $635.00 to $740.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and an average target price of $822.41.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $775.72 on Thursday. The stock has a 50 day moving average price of $744.78 and a 200 day moving average price of $664.12. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. 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 stock has a market capitalization of $1.95 trillion, a PE ratio of 28.09, a price-to-earnings-growth ratio of 1.61 and a beta of 1.24.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results 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. 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 analysts’ expectations of $44.55 billion. During the same period in the prior year, the firm posted $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 22nd will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms’s dividend payout ratio (DPR) is presently 7.60%.

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.