Meta Platforms, Inc. $META Stock Holdings Lifted by Family Capital Management Inc.

Investment Activity - Family Capital Management Inc. increased its stake in Meta Platforms by 35.5%, owning 687 shares valued at $507,000 after purchasing an additional 180 shares [2] - Other institutional investors have also adjusted their positions, with Evergreen Private Wealth LLC increasing its stake by 237.5% to 54 shares valued at $40,000 [3] - Piscataqua Savings Bank grew its position by 433.3%, now owning 80 shares valued at $59,000 [3] Analyst Ratings - DA Davidson set a price target of $825.00 for Meta Platforms, while Citigroup lowered its target from $915.00 to $850.00, maintaining a "buy" rating [4] - Stifel Nicolaus decreased its target from $900.00 to $875.00, also with a "buy" rating, while Citizens JMP raised its target from $750.00 to $900.00 with an "outperform" rating [4] - The average rating for Meta Platforms is "Moderate Buy" with a consensus price target of $827.60 [4] Insider Transactions - COO Javier Olivan sold 517 shares at an average price of $749.57, totaling $387,527.69, resulting in a 6.10% decrease in his position [5] - Director Robert M. Kimmitt sold 465 shares at an average price of $716.97, totaling $333,391.05, leading to a 5.53% decrease in his ownership [5] - Over the last three months, insiders sold 198,335 shares worth $153,047,009, with insiders owning 13.61% of the stock [5] Financial Performance - Meta Platforms reported $7.25 earnings per share for the quarter, exceeding analysts' expectations of $6.74 by $0.51 [7] - The company had a revenue of $51.24 billion, surpassing expectations of $49.34 billion, with a year-over-year revenue increase of 26.2% [7] - The net margin was 30.89% and return on equity was 39.35% [7] Dividend Information - Meta Platforms declared a quarterly dividend of $0.525, representing an annualized dividend of $2.10 and a yield of 0.3% [8] - The payout ratio is currently 9.28% [8] Company Overview - Meta Platforms, Inc. develops products for connecting and sharing through various devices, operating in two segments: Family of Apps and Reality Labs [9] - The Family of Apps segment includes platforms like Facebook, Instagram, Messenger, and WhatsApp [9]