Meta Platforms, Inc. $META Shares Bought by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC increased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 19.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,718 shares of the social networking company’s stock after purchasing an additional 759 shares during the period. Tempus Wealth Planning LLC’s holdings in Meta Platforms were worth $3,421,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Fairtree Asset Management Pty Ltd boosted its holdings in shares of Meta Platforms by 18.6% in the 2nd quarter. Fairtree Asset Management Pty Ltd now owns 18,777 shares of the social networking company’s stock worth $10,577,000 after purchasing an additional 2,939 shares in the last quarter. Madison Wealth Partners Inc increased its position in shares of Meta Platforms by 33.6% during the 2nd quarter. Madison Wealth Partners Inc now owns 3,031 shares of the social networking company’s stock valued at $1,707,000 after purchasing an additional 763 shares during the last quarter. William John Sempolinski purchased a new position in shares of Meta Platforms during the 2nd quarter valued at about $3,107,000. Sone Capital Management LLC raised its holdings in shares of Meta Platforms by 38.2% during the 2nd quarter. Sone Capital Management LLC now owns 16,059 shares of the social networking company’s stock valued at $9,046,000 after buying an additional 4,440 shares in the last quarter. Finally, Lakewood Capital Management LP raised its holdings in shares of Meta Platforms by 63.7% during the 2nd quarter. Lakewood Capital Management LP now owns 115,985 shares of the social networking company’s stock valued at $65,333,000 after buying an additional 45,130 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 946 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $728.10, for a total transaction of $688,782.60. Following the transaction, the chief operating officer directly owned 6,932 shares of the company’s stock, valued at approximately $5,047,189.20. The trade was a 12.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the transaction, the insider owned 184,516 shares of the company’s stock, valued at $131,515,624.16. This trade represents a 17.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 149,797 shares of company stock valued at $102,180,385 over the last quarter. 13.53% of the stock is owned by company insiders.

Meta Platforms Trading Down 0.1%

META opened at $736.72 on Friday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The business has a 50 day simple moving average of $653.44 and a two-hundred day simple moving average of $625.27. The firm has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 27.75, a PEG ratio of 1.29 and a beta of 1.19.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter in the prior year, the business posted $7.14 earnings per share. Meta Platforms’s quarterly revenue was up 28.0% compared to the same quarter last year. Analysts predict that Meta Platforms, Inc. will post 27.76 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.91%.

Meta Platforms News Roundup

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

  • Positive Sentiment: Meta released the open-weight Muse Spark Open model for coding and AI-agent tasks. The model can be downloaded and adapted by developers, broadening Meta’s reach in the AI ecosystem. Meta releases open-weight Muse Spark model for coding and agentic tasks
  • Positive Sentiment: An Apple collaboration will enable developers to run Muse Spark Open locally on high-end Mac computers, potentially reducing reliance on cloud infrastructure and increasing model adoption. Apple and Meta team up to make Muse AI model run on Mac computers
  • Positive Sentiment: Meta’s Muse Wonder model scored 83.2% on an accounting AI benchmark, tying for second place and outperforming OpenAI and Google models in that test. Bank of America maintained a Buy rating and an $810 target, while Guggenheim raised its target to $850. Meta Is Back in the AI Race
  • Positive Sentiment: Meta- and Google-backed Jio Platforms is preparing a major Indian IPO, which could provide visibility into the value of Meta’s strategic investment and partnership in the business. Meta- and Google-backed Jio Platforms IPO
  • Neutral Sentiment: Meta has outperformed megacap peers and gained roughly 12% over the past month, increasing investor focus on whether the recent AI-driven rally can continue or whether some holders will take profits. Meta Just Climbed 12% in a Month
  • Negative Sentiment: Investors remain concerned that Meta’s more than $130 billion AI investment program is reducing free cash flow, while Reality Labs continues to generate large losses. A roughly $10 billion legal charge and uncertainty around 2027 capital spending could add pressure ahead of the company’s expected October 21 earnings report. Meta: The Muse Rally Has Priced In the Good News Before Q3
  • Negative Sentiment: Seven Democratic senators are seeking an explanation for Meta’s claimed $6.6 billion in research tax credits related to AI data centers, creating potential tax and policy risks for Meta and other large technology companies. Senators Want to Know Why Meta Claimed $6.6 Billion in Research Tax Credits
  • Negative Sentiment: Goldman Sachs reduced its price target to $762 because of rising operating expenses, though it retained a Buy rating. A COO’s disclosed sales were made under a pre-arranged Rule 10b5-1 plan and are therefore a limited signal of management sentiment.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Bank of America restated a “buy” rating and issued a $810.00 target price on shares of Meta Platforms in a research report on Tuesday, September 22nd. Rosenblatt Securities reiterated a “buy” rating and set a $886.00 price target on shares of Meta Platforms in a research report on Tuesday. Raymond James Financial increased their price target on shares of Meta Platforms from $650.00 to $860.00 and gave the company a “strong-buy” rating in a research report on Thursday, September 24th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Finally, Guggenheim boosted their price objective on shares of Meta Platforms from $700.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $803.39.

Get Our Latest Research Report on Meta Platforms

About Meta Platforms

(Free Report)

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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