Highview Capital Management LLC DE Sells 1,486 Shares of Meta Platforms, Inc. $META

by · The Cerbat Gem

Highview Capital Management LLC DE decreased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 25.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,307 shares of the social networking company’s stock after selling 1,486 shares during the quarter. Meta Platforms makes up 1.2% of Highview Capital Management LLC DE’s portfolio, making the stock its 21st biggest position. Highview Capital Management LLC DE’s holdings in Meta Platforms were worth $3,179,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Infusive Asset Management Inc. boosted its position in shares of Meta Platforms by 10.7% in the 1st quarter. Infusive Asset Management Inc. now owns 23,620 shares of the social networking company’s stock worth $13,614,000 after purchasing an additional 2,285 shares in the last quarter. Spirepoint Private Client LLC raised its stake in Meta Platforms by 2.7% during the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock valued at $3,011,000 after buying an additional 109 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Meta Platforms by 11.0% in the second quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock worth $155,387,000 after acquiring an additional 20,912 shares in the last quarter. Stephens Inc. AR grew its stake in shares of Meta Platforms by 5.6% in the second quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after acquiring an additional 4,473 shares during the last quarter. Finally, Motiv8 Investments LLC grew its stake in shares of Meta Platforms by 11.5% in the second quarter. Motiv8 Investments LLC now owns 2,080 shares of the social networking company’s stock worth $1,535,000 after acquiring an additional 214 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of META opened at $647.48 on Friday. The firm has a market capitalization of $1.63 trillion, a P/E ratio of 28.60, a PEG ratio of 1.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The business has a fifty day moving average of $683.38 and a 200 day moving average of $705.88.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion for 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%.Meta Platforms’s revenue was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.03 earnings per share. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 22nd. Meta Platforms’s payout ratio is 9.28%.

Analyst Ratings Changes

A number of brokerages recently issued reports on META. Erste Group Bank cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Raymond James Financial reiterated a “strong-buy” rating and set a $825.00 price target (down previously from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. UBS Group increased their target price on Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. DA Davidson set a $825.00 target price on Meta Platforms in a report on Thursday, October 30th. Finally, Rosenblatt Securities upped their price target on Meta Platforms from $1,086.00 to $1,117.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $823.93.

Read Our Latest Analysis on META

Insider Buying and Selling at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $624.14, for a total value of $323,928.66. Following the completion of the sale, the insider directly owned 31,253 shares in the company, valued at $19,506,247.42. This represents a 1.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Aaron Anderson sold 726 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $429,501.60. Following the completion of the transaction, the chief accounting officer directly owned 6,035 shares in the company, valued at approximately $3,570,306. This represents a 10.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 41,959 shares of company stock valued at $26,759,811 in the last quarter. Insiders own 13.61% of the company’s stock.

About Meta Platforms

(Free Report)

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.

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