ROI Financial Advisors LLC Has $380,000 Holdings in Meta Platforms, Inc. (NASDAQ:META)

05 Apr 2025, 08:48 by Amy Steele · The Cerbat Gem

ROI Financial Advisors LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 19.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 650 shares of the social networking company’s stock after buying an additional 107 shares during the quarter. ROI Financial Advisors LLC’s holdings in Meta Platforms were worth $380,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. JDM Financial Group LLC bought a new position in shares of Meta Platforms in the 3rd quarter valued at approximately $30,000. Millstone Evans Group LLC bought a new position in shares of Meta Platforms in the fourth quarter valued at approximately $40,000. Avondale Wealth Management acquired a new stake in shares of Meta Platforms in the fourth quarter worth $41,000. WealthTrak Capital Management LLC bought a new stake in shares of Meta Platforms during the 4th quarter worth $43,000. Finally, Cordant Inc. acquired a new position in Meta Platforms in the 4th quarter valued at $59,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

Shares of META stock opened at $504.73 on Friday. The firm’s 50 day moving average price is $648.15 and its two-hundred day moving average price is $609.75. The stock has a market cap of $1.28 trillion, a PE ratio of 21.10, a PEG ratio of 1.42 and a beta of 1.28. Meta Platforms, Inc. has a 52-week low of $414.50 and a 52-week high of $740.91. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.98 and a current ratio of 2.98.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, January 29th. The social networking company reported $8.02 earnings per share for the quarter, beating the consensus estimate of $6.75 by $1.27. Meta Platforms had a return on equity of 38.17% and a net margin of 37.91%. During the same period last year, the business earned $5.33 EPS. As a group, analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 26th. Shareholders of record on Friday, March 14th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.42%. The ex-dividend date was Friday, March 14th. This is an increase from Meta Platforms’s previous quarterly dividend of $0.50. Meta Platforms’s dividend payout ratio is presently 8.78%.

Insiders Place Their Bets

In other news, CEO Mark Zuckerberg sold 35,921 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $611.10, for a total transaction of $21,951,323.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Jennifer Newstead sold 921 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $570.66, for a total value of $525,577.86. Following the completion of the transaction, the insider now owns 30,261 shares of the company’s stock, valued at $17,268,742.26. This represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 549,113 shares of company stock worth $364,668,246. Company insiders own 13.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Mizuho upped their price target on shares of Meta Platforms from $675.00 to $750.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Robert W. Baird raised their target price on Meta Platforms from $680.00 to $750.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Truist Financial upped their price target on Meta Platforms from $700.00 to $770.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Piper Sandler raised their price objective on shares of Meta Platforms from $670.00 to $775.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, Scotiabank boosted their target price on shares of Meta Platforms from $583.00 to $627.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, thirty-five have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $718.55.

Check Out Our Latest Research Report on Meta Platforms

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.