Meta Platforms, Inc. $META Shares Bought by Optivise Advisory Services LLC

Optivise Advisory Services LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,640 shares of the social networking company’s stock after buying an additional 143 shares during the period. Optivise Advisory Services LLC’s holdings in Meta Platforms were worth $1,211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC lifted its stake in shares of Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. Nuveen LLC purchased a new stake in Meta Platforms in the 1st quarter valued at about $2,990,544,000. Amundi lifted its position in Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company’s stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. Finally, Strs Ohio purchased a new position in Meta Platforms during the first quarter worth about $571,086,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on META shares. Mizuho reduced their price target on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Wall Street Zen lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $900.00 price objective on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, Monness Crespi & Hardt decreased their target price on Meta Platforms from $860.00 to $808.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $827.60.

Insider Activity

In other Meta Platforms news, Director Robert M. Kimmitt sold 465 shares of Meta Platforms stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director directly owned 7,947 shares of the company’s stock, valued at $5,697,760.59. The trade was a 5.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $631.00, for a total value of $326,227.00. Following the transaction, the chief operating officer directly owned 6,924 shares of the company’s stock, valued at approximately $4,369,044. This represents a 6.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 44,421 shares of company stock worth $33,573,980. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Price Performance

META stock opened at $609.46 on Friday. The business’s 50-day moving average is $713.72 and its two-hundred day moving average is $704.14. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 26.92, a P/E/G ratio of 1.35 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.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period in the previous year, the company posted $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 9.28%.

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.