Toth Financial Advisory Corp Sells 131 Shares of Meta Platforms, Inc. $META

Toth Financial Advisory Corp reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,190 shares of the social networking company’s stock after selling 131 shares during the quarter. Toth Financial Advisory Corp’s holdings in Meta Platforms were worth $878,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Pachira Investments Inc. increased its stake in shares of Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock worth $360,000 after buying an additional 14 shares during the period. Shelton Wealth Management LLC grew its holdings in Meta Platforms by 0.9% in the 2nd quarter. Shelton Wealth Management LLC now owns 1,764 shares of the social networking company’s stock worth $1,302,000 after acquiring an additional 15 shares during the last quarter. Myecfo LLC increased its position in shares of Meta Platforms by 2.0% in the second quarter. Myecfo LLC now owns 776 shares of the social networking company’s stock valued at $573,000 after acquiring an additional 15 shares during the period. Cedar Point Capital Partners LLC boosted its holdings in shares of Meta Platforms by 2.2% during the first quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock worth $433,000 after purchasing an additional 16 shares during the period. Finally, IAM Advisory LLC boosted its holdings in shares of Meta Platforms by 0.9% during the second quarter. IAM Advisory LLC now owns 1,844 shares of the social networking company’s stock worth $1,361,000 after purchasing an additional 16 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.7%

Shares of NASDAQ META opened at $760.66 on Thursday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a 50-day moving average of $750.00 and a 200 day moving average of $668.49. The stock has a market cap of $1.91 trillion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 1.58 and a beta of 1.24.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the business earned $5.16 earnings per share. The business’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares of the company’s stock, valued at $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 243,610 shares of company stock worth $186,301,207 in the last quarter. Corporate insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on META shares. Zacks Research lowered Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Truist Financial set a $880.00 target price on Meta Platforms in a report on Thursday, September 18th. Wells Fargo & Company lifted their price target on shares of Meta Platforms from $783.00 to $811.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Barclays boosted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, BMO Capital Markets raised their target price on shares of Meta Platforms from $610.00 to $710.00 and gave the stock a “market perform” rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $826.05.

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.