Defense World·2025-11-02 12:08Core Insights - Freedom Investment Management Inc. reduced its stake in Meta Platforms by 8.0%, holding 10,048 shares valued at $7,416,000 after selling 874 shares [2] - Institutional investors collectively own 79.91% of Meta Platforms, with several hedge funds increasing or initiating stakes in the company [3] Stock Performance - Meta Platforms' stock opened at $648.35, with a market cap of $1.63 trillion, a P/E ratio of 28.64, and a one-year high of $796.25 [4] - The company reported a quarterly revenue of $51.24 billion, exceeding estimates, and a year-over-year revenue increase of 26.2% [5] Dividend Information - Meta Platforms announced a quarterly dividend of $0.525, translating to an annualized dividend of $2.10 and a yield of 0.3% [6] Analyst Ratings - Recent analyst reports have adjusted target prices for Meta Platforms, with an average target of $827.60 and a consensus rating of "Moderate Buy" [7] Insider Activity - Significant insider sales were reported, including CTO Andrew Bosworth selling 11,694 shares and CEO Mark Zuckerberg selling 15,847 shares, indicating a notable decrease in their holdings [9]