BayBridge Capital Group LLC Acquires 71 Shares of Meta Platforms, Inc. $META

BayBridge Capital Group LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,704 shares of the social networking company’s stock after acquiring an additional 71 shares during the quarter. Meta Platforms accounts for approximately 1.3% of BayBridge Capital Group LLC’s investment portfolio, making the stock its 17th biggest holding. BayBridge Capital Group LLC’s holdings in Meta Platforms were worth $1,996,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. RBA Wealth Management LLC lifted its position in Meta Platforms by 3.4% in the 2nd quarter. RBA Wealth Management LLC now owns 9,448 shares of the social networking company’s stock valued at $6,973,000 after acquiring an additional 307 shares in the last quarter. SC&H Financial Advisors Inc. lifted its position in Meta Platforms by 4.1% in the 2nd quarter. SC&H Financial Advisors Inc. now owns 1,953 shares of the social networking company’s stock valued at $1,442,000 after acquiring an additional 77 shares in the last quarter. Hengehold Capital Management LLC lifted its position in Meta Platforms by 12.1% in the 2nd quarter. Hengehold Capital Management LLC now owns 1,420 shares of the social networking company’s stock valued at $1,048,000 after acquiring an additional 153 shares in the last quarter. TBH Global Asset Management LLC lifted its position in Meta Platforms by 17.8% in the 2nd quarter. TBH Global Asset Management LLC now owns 11,655 shares of the social networking company’s stock valued at $8,602,000 after acquiring an additional 1,757 shares in the last quarter. Finally, Ariose Capital Management Ltd bought a new position in Meta Platforms in the 2nd quarter valued at about $42,071,000. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on META. Monness Crespi & Hardt lifted their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Oppenheimer lifted their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Scotiabank lifted their target price on shares of Meta Platforms from $675.00 to $685.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 31st. Stifel Nicolaus lifted their target price on shares of Meta Platforms from $845.00 to $900.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company lifted their target price on shares of Meta Platforms from $783.00 to $811.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $830.02.

Insider Buying and Selling at Meta Platforms

In other news, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction 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 transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 214,182 shares of company stock valued at $164,955,168 over the last 90 days. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Stock Up 1.4%

Meta Platforms stock opened at $727.05 on Friday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market capitalization of $1.83 trillion, a price-to-earnings ratio of 26.32, a P/E/G ratio of 1.50 and a beta of 1.20. 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 firm has a 50 day simple moving average of $753.26 and a 200 day simple moving average of $673.93.

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

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is currently 7.60%.

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.