Keystone Global Partners LLC Acquires 286 Shares of Meta Platforms, Inc. $META

Keystone Global Partners LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 264.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 394 shares of the social networking company’s stock after buying an additional 286 shares during the period. Keystone Global Partners LLC’s holdings in Meta Platforms were worth $291,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Brighton Jones LLC lifted its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares in the last quarter. Apella Capital LLC lifted its stake in shares of Meta Platforms by 40.6% in the first quarter. Apella Capital LLC now owns 3,560 shares of the social networking company’s stock worth $2,085,000 after buying an additional 1,028 shares in the last quarter. Matrix Trust Co lifted its stake in shares of Meta Platforms by 26.4% in the first quarter. Matrix Trust Co now owns 359 shares of the social networking company’s stock worth $207,000 after buying an additional 75 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 3.1% in the first quarter. Warren Street Wealth Advisors LLC now owns 3,004 shares of the social networking company’s stock worth $1,731,000 after buying an additional 89 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

META opened at $727.05 on Friday. The firm has a market cap of $1.83 trillion, a P/E ratio of 26.32, a PEG ratio of 1.50 and a beta of 1.20. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a 50 day simple moving average of $753.26 and a two-hundred day simple moving average of $673.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

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

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were 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 was Monday, September 22nd. Meta Platforms’s dividend payout ratio is presently 7.60%.

Insider Activity

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the company’s stock in a transaction that occurred 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 owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 214,182 shares of company stock valued at $164,955,168. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on META shares. Bank of America upped their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Roth Capital boosted their price objective on shares of Meta Platforms from $620.00 to $740.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Piper Sandler boosted their price objective on shares of Meta Platforms from $808.00 to $880.00 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 report on Friday, August 1st. Finally, Sanford C. Bernstein boosted their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $830.02.

Meta Platforms 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.