<div id="readability-page-1"><p>Bcwm LLC acquired a new stake in shares of  Meta Platforms, Inc. (NASDAQ:META - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  acquired 7,987 shares of the social networking company's stock, valued at approximately $5,895,000. Meta Platforms accounts for about  1.9% of Bcwm LLC's investment portfolio, making the stock its 21st largest holding.</p><div><p><span></span><span>Get <strong>Meta Platforms</strong> alerts:</span></p></div><ul><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li></ul><p>Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of  Meta Platforms by 0.4% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company's stock worth $2,587,000 after buying an additional 13 shares during the last quarter.  Pachira Investments Inc. lifted its holdings in  Meta Platforms by 3.0% in the second quarter. Pachira Investments Inc. now owns 488 shares of the social networking company's stock valued at $360,000 after acquiring an additional 14 shares during the period.  Hemington Wealth Management boosted its position in  Meta Platforms by 0.6% in the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock worth $1,641,000 after purchasing an additional 14 shares during the last quarter.  Vista Capital Partners Inc. increased its position in shares of  Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock valued at $794,000 after purchasing an additional 14 shares during the last quarter.  Finally, Myecfo LLC lifted its stake in shares of  Meta Platforms by 2.0% in the 2nd quarter. Myecfo LLC now owns 776 shares of the social networking company's stock worth $573,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own  79.91% of the company's stock. </p><h2>Meta Platforms Stock Performance</h2><p>NASDAQ META opened at $644.23 on Friday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The business has a 50-day moving average price of $665.92 and a 200-day moving average price of $706.78. The firm has a market cap of $1.62 trillion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28. </p><ul><li>Zuckerberg Eyes Metaverse Cuts: Why META Is Rightfully Rallying</li></ul><p>Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts' consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion for the quarter, compared to analysts' expectations of $49.34 billion. During the same period in the previous year, the firm earned $6.03 EPS. The firm's revenue was up 26.2% compared to the same quarter last year.  As a group, equities research analysts predict that  Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year. </p><h2>Meta Platforms Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Investors of record on Monday, December 15th will be given a dividend of $0.525 per share. The ex-dividend date is Monday, December 15th. 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 9.28%. </p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>3 Stocks Most Likely to Split in 2026</li></ul><p>Several brokerages recently issued reports on META. Jefferies Financial Group cut their target price on shares of Meta Platforms from $950.00 to $910.00 and set a &#34;buy&#34; rating for the company in a research report on Thursday, October 30th. Canaccord Genuity Group  reissued a &#34;buy&#34; rating and set a $900.00 price objective on shares of Meta Platforms in a research report on Thursday, October 30th. Piper Sandler decreased their target price on Meta Platforms from $880.00 to $840.00 and set an &#34;overweight&#34; rating on the stock in a report on Thursday, October 30th. Erste Group Bank lowered Meta Platforms from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, November 10th. Finally, DA Davidson  set a $825.00 price objective on Meta Platforms in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned  a Buy rating and seven have assigned  a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $819.46.</p><p><b>Check Out Our Latest Stock Analysis on META</b></p><h2>Insider Activity at Meta Platforms</h2><p>In other news, COO Javier Olivan sold 2,610 shares of Meta Platforms stock in a transaction dated Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the sale, the chief operating officer directly owned 9,784 shares of the company's stock, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 600 shares of the business's stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $609.35, for a total value of $365,610.00. Following the completion of the sale, the director owned 7,347 shares in the company, valued at $4,476,894.45. This represents a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,959 shares of company stock valued at $26,578,191 in the last ninety days. Corporate insiders own  13.61% of the company's stock. </p><h2>About Meta Platforms</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Meta Platforms</li><li>What Are Growth Stocks and Investing in Them </li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>How to Invest in Insurance Companies: A Guide </li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>3 Ways To Invest In Coffee, Other Than Drinking It</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Meta Platforms Right Now?</h2><p>Before you consider Meta Platforms, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.</p><p>While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

Bcwm LLC Invests $5.90 Million in Meta Platforms, Inc. $META