Meta Platforms, Inc. $META Shares Sold by StrongBox Wealth LLC

StrongBox Wealth LLC trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 59.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,086 shares of the social networking company’s stock after selling 1,610 shares during the period. StrongBox Wealth LLC’s holdings in Meta Platforms were worth $788,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in META. QTR Family Wealth LLC grew its position in shares of Meta Platforms by 5.6% in the third quarter. QTR Family Wealth LLC now owns 5,019 shares of the social networking company’s stock valued at $3,640,000 after purchasing an additional 264 shares during the last quarter. Platform Technology Partners grew its holdings in Meta Platforms by 1.5% in the 3rd quarter. Platform Technology Partners now owns 14,040 shares of the social networking company’s stock valued at $10,181,000 after buying an additional 202 shares during the last quarter. Capstone Wealth Management LLC grew its holdings in Meta Platforms by 34.7% in the 3rd quarter. Capstone Wealth Management LLC now owns 1,612 shares of the social networking company’s stock valued at $1,169,000 after buying an additional 415 shares during the last quarter. Quest 10 Wealth Builders Inc. lifted its holdings in shares of Meta Platforms by 50.7% during the third quarter. Quest 10 Wealth Builders Inc. now owns 449 shares of the social networking company’s stock worth $326,000 after buying an additional 151 shares during the last quarter. Finally, TFB Advisors LLC increased its position in Meta Platforms by 1.3% during the third quarter. TFB Advisors LLC now owns 2,159 shares of the social networking company’s stock worth $1,566,000 after acquiring an additional 28 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on META. Canaccord Genuity Group boosted their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the stock a “buy” rating in a report on Friday, September 25th. Weiss Ratings upgraded Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. increased their price objective on shares of Meta Platforms from $920.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. China Renaissance reduced their price objective on shares of Meta Platforms from $825.00 to $700.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Daiwa Securities Group lowered their target price on shares of Meta Platforms from $790.00 to $687.00 and set a “buy” rating on the stock in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $833.12.

Meta Platforms Price Performance

NASDAQ:META opened at $641.39 on Wednesday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The firm has a market cap of $1.64 trillion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 1.11 and a beta of 1.28. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $779.82. The company’s 50-day moving average price is $677.61 and its two-hundred day moving average price is $632.27.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Thursday, October 22nd. The social networking company reported $7.40 earnings per share for the quarter, topping the consensus estimate of $6.54 by $0.86. The company had revenue of $64.60 billion during the quarter, compared to analyst estimates of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The company’s revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the business posted $7.25 earnings per share. On average, equities analysts anticipate that Meta Platforms, Inc. will post 29.01 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were issued a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms’s dividend payout ratio is presently 7.16%.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta’s Muse AI assistant is expanding to Apple Watch and Android Wear OS, giving users another way to access its AI services and potentially broadening adoption. Article: Meta’s AI agent Muse lands on Apple Watch and Android Wear OS
• Positive Sentiment: JPMorgan named Meta one of its preferred internet stocks, citing AI-driven advertising and future monetization opportunities. The endorsement may help investor confidence after recent pressure on the shares. Article: JPMorgan Just Added Meta Platforms to Its Analyst Focus List
• Positive Sentiment: ETF purchases exceeded sales on Friday, with 63 funds buying Meta shares and a reported net inflow of $211.9 million—an indication of institutional demand. Article: ETFs Bought $211.9 Million of Meta Platforms
• Neutral Sentiment: Short-interest figures conflict: one report says short positions rose 165.6% to 75.5 million shares as of October 30, while a later entry reports zero shares as of November 10. The inconsistency makes the latest data unreliable as a directional signal.
• Negative Sentiment: Investors continue to weigh the cost and payoff of Meta’s AI investment. Recent coverage cites negative free cash flow and a large legal charge that weighed on reported earnings, despite strong advertising growth. Article: Meta Platforms Stock: Is it a Steal of a Deal at $650?
• Negative Sentiment: Meta is expanding AI-based age checks for Instagram teens as lawsuits over harm to young users continue. The move may address safety concerns, but the litigation and regulatory exposure remain risks. Article: Meta expands Instagram’s AI age-guessing tech globally

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,196 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. This trade represents a 41.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares in the company, valued at $3,875,854.26. The trade was a 34.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 149,398 shares of company stock valued at $102,134,435 over the last three months. Company insiders own 13.42% of the company’s stock.

Meta Platforms Profile

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.