Meta Platforms, Inc. $META Shares Newly Acquired by River Street Advisors LLC

River Street Advisors LLC bought a new position in Meta Platforms, Inc. (NASDAQ:META) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 1,309 shares of the social networking company’s stock, valued at approximately $949,000.

Other hedge funds also recently bought and sold shares of the company. MLP3 LLC raised its stake in shares of Meta Platforms by 280.4% during the 3rd quarter. MLP3 LLC now owns 2,195 shares of the social networking company’s stock worth $1,591,000 after purchasing an additional 1,618 shares in the last quarter. Private Wealth Partners LLC grew its stake in shares of Meta Platforms by 15.8% in the 3rd quarter. Private Wealth Partners LLC now owns 3,686 shares of the social networking company’s stock valued at $2,673,000 after buying an additional 502 shares in the last quarter. Patrick M Sweeney & Associates Inc. grew its stake in shares of Meta Platforms by 1.2% in the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 1,613 shares of the social networking company’s stock valued at $1,169,000 after buying an additional 19 shares in the last quarter. Credit Capital Investments LLC grew its position in Meta Platforms by 46.5% in the third quarter. Credit Capital Investments LLC now owns 6,300 shares of the social networking company’s stock worth $4,569,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Boomfish Wealth Group LLC increased its position in Meta Platforms by 3.2% during the third quarter. Boomfish Wealth Group LLC now owns 6,547 shares of the social networking company’s stock worth $4,748,000 after buying an additional 204 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

META has been the subject of several recent analyst reports. Erste Group Bank raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. DA Davidson lifted their target price on shares of Meta Platforms from $700.00 to $800.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Citic Securities decreased their price target on shares of Meta Platforms from $770.00 to $718.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Morgan Stanley raised their price target on Meta Platforms from $775.00 to $820.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $885.00 target price on shares of Meta Platforms in a research note on Thursday, October 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $833.12.

Meta Platforms Stock Performance

Meta Platforms stock opened at $612.49 on Thursday. The stock has a fifty day moving average price of $667.08 and a two-hundred day moving average price of $632.53. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.90 and a quick ratio of 1.90. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The firm has a market capitalization of $1.56 trillion, a P/E ratio of 20.88, a P/E/G ratio of 1.12 and a beta of 1.19.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The firm had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. During the same quarter in the prior year, the firm earned $7.25 EPS. The company’s revenue was up 26.1% on a year-over-year basis. As a group, analysts anticipate that Meta Platforms, Inc. will post 28.98 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders 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 dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.16%.

More Meta Platforms News

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

• Positive Sentiment: Meta priced a $25 billion Class A common-stock offering and a $12.5 billion mandatory convertible preferred-stock offering, with proceeds earmarked for its artificial-intelligence infrastructure. The common offering reportedly attracted demand several times greater than the shares available, suggesting institutional interest in Meta’s AI strategy. Meta offering pricing
• Positive Sentiment: Nvidia plans to invest $3 billion in Meta and expand its partnership around Meta’s Muse AI assistant and models. The deal provides third-party validation for Meta’s AI ambitions and may help secure access to Nvidia hardware. Nvidia invests in Meta partnership
• Positive Sentiment: Meta’s core advertising business remains strong: ad impressions increased 10% year over year, average ad prices rose 14%, and AI improvements reportedly lifted app-ad conversions by 9.6%. Early adoption of Muse and new AI experiments such as Waddle World could create future commerce and subscription revenue. Meta AI risk and reward
• Neutral Sentiment: Meta delayed indefinitely the rollout of new commercial terms after publisher objections. The move could reduce near-term conflict but leaves unresolved questions about the company’s relationship with media organizations and use of publisher content. Meta delays commercial terms
• Negative Sentiment: The major concern is dilution: Meta is pursuing nearly $98 billion in equity financing, including new common and convertible preferred securities. Investors appear worried that the funding will reduce per-share value even if it finances long-term AI growth. Meta stock analysis and dilution
• Negative Sentiment: AI investment is weighing heavily on near-term financials. Capital expenditures reached $34.9 billion, producing negative free cash flow of $2.1 billion, while higher spending and legal costs pressured margins. This has led some analysts to downgrade the stock, despite revenue exceeding expectations. Meta AI spending downgrade
• Negative Sentiment: Meta COO Javier Olivan sold shares worth approximately $1.0 million in two transactions. Both sales were executed under a pre-arranged Rule 10b5-1 plan, reducing their significance as a signal of management’s outlook. SEC insider transaction filing

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The transaction was disclosed in a document filed with the SEC, which is available 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 Meta Platforms stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the transaction, the insider owned 184,516 shares in the company, valued at approximately $131,515,624.16. This represents a 17.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 150,015 shares of company stock worth $102,464,300 over the last three months. Insiders own 13.53% of the company’s stock.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.