12,586 Shares of Meta Platforms, Inc. $META Purchased by Kingstone Capital Partners Texas LLC

Kingstone Capital Partners Texas LLC acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,586 shares of the social networking company’s stock, valued at approximately $9,127,000. Meta Platforms comprises about 4.5% of Kingstone Capital Partners Texas LLC’s holdings, making the stock its 7th biggest holding.

Several other large investors have also recently modified their holdings of META. Advantage Trust Co bought a new position in Meta Platforms during the 2nd quarter worth approximately $28,000. Philadelphia Investment Partners LLC purchased a new position in Meta Platforms in the 2nd quarter worth approximately $32,000. Horizons Wealth Management purchased a new position in Meta Platforms in the 3rd quarter worth approximately $33,000. Axiom Investment Management LLC bought a new stake in Meta Platforms in the first quarter valued at approximately $36,000. Finally, Schuylkill Financial LLC bought a new stake in Meta Platforms in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of a number of analyst reports. Roth Capital dropped their price objective on Meta Platforms from $820.00 to $750.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Susquehanna lifted their target price on shares of Meta Platforms from $650.00 to $850.00 and gave the stock a “positive” rating in a research note on Thursday, October 22nd. Benchmark reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, August 27th. Citic Securities lowered 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. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $885.00 price target on shares of Meta Platforms in a research report on Thursday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $833.12.

Meta Platforms Trading Down 2.0%

NASDAQ META opened at $628.77 on Thursday. The firm has a market capitalization of $1.61 trillion, a PE ratio of 21.44, a P/E/G ratio of 1.11 and a beta of 1.28. The stock’s 50 day moving average is $678.62 and its 200 day moving average is $632.12. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30.

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

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were given 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 currently 7.16%.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 946 shares of the stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $614.15, for a total value of $580,985.90. Following the completion of the transaction, the chief operating officer directly owned 4,094 shares in the company, valued at $2,514,330.10. This trade represents a 18.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 149,398 shares of company stock valued at $102,134,435. 13.42% of the stock is owned by corporate insiders.

Key Stories Impacting Meta Platforms

These are some of the META stories that stood out recently:

• Positive Sentiment: Meta launched its Muse AI agent on Apple Watch and Wear OS, adding voice and text access that could broaden use of its assistant. Article: Meta’s AI agent Muse lands on Apple Watch
• Neutral Sentiment: Infrastructure chief Santosh Janardhan is set to leave in early 2027, with former AWS executive David Brown slated to succeed him and lead infrastructure work tied to Meta’s AI computing initiative. The planned succession may support continuity, though the leadership change comes during a major infrastructure buildout. Article: Meta head of infrastructure will leave and be succeeded by former AWS cloud exec
• Negative Sentiment: United Airlines barred AI agents from booking flights, raising doubts about a prominent potential use for Meta’s Muse agent and weighing on sentiment toward the company’s AI ambitions. Article: United Airlines bars AI agents from booking tickets

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.