Meta Platforms (NASDAQ:META) Shares Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on February 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on February 12th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/12/2025.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.

Meta Platforms Stock Down 2.8 %

Meta Platforms stock traded down $20.76 during midday trading on Tuesday, reaching $715.91. The company’s stock had a trading volume of 21,901,282 shares, compared to its average volume of 15,799,024. The business has a 50-day simple moving average of $641.19 and a 200-day simple moving average of $585.97. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms, Inc. has a fifty-two week low of $414.50 and a fifty-two week high of $740.91. The company has a market cap of $1.81 trillion, a P/E ratio of 29.93, a P/E/G ratio of 1.46 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 29th. The social networking company reported $8.02 EPS for the quarter, topping analysts’ consensus estimates 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 quarter in the previous year, the company earned $5.33 EPS. On average, research analysts expect that Meta Platforms, Inc. will post 26.66 earnings per share for the current fiscal year.

Meta Platforms Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Friday, March 14th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Meta Platforms’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a yield of 0.29%. Meta Platforms’s dividend payout ratio (DPR) is currently 8.36%.

Hedge Funds Weigh In On Meta Platforms

A number of institutional investors and hedge funds have recently added to or reduced their stakes in META. AMF Tjanstepension AB raised its stake in shares of Meta Platforms by 32.5% in the 3rd quarter. AMF Tjanstepension AB now owns 457,092 shares of the social networking company’s stock valued at $261,680,000 after purchasing an additional 112,047 shares in the last quarter. Creative Planning raised its stake in shares of Meta Platforms by 2.1% in the 3rd quarter. Creative Planning now owns 716,847 shares of the social networking company’s stock valued at $410,352,000 after purchasing an additional 14,754 shares in the last quarter. Stillwater Capital Advisors LLC acquired a new stake in shares of Meta Platforms in the 3rd quarter valued at about $423,000. Roberts Wealth Advisors LLC raised its stake in shares of Meta Platforms by 15.2% in the 3rd quarter. Roberts Wealth Advisors LLC now owns 703 shares of the social networking company’s stock valued at $417,000 after purchasing an additional 93 shares in the last quarter. Finally, Safeguard Financial LLC raised its stake in shares of Meta Platforms by 51.9% in the 3rd quarter. Safeguard Financial LLC now owns 673 shares of the social networking company’s stock valued at $385,000 after purchasing an additional 230 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Mark Zuckerberg sold 35,921 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $607.97, for a total transaction of $21,838,890.37. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 413 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $562.77, for a total transaction of $232,424.01. Following the sale, the chief operating officer now owns 19,579 shares in the company, valued at approximately $11,018,473.83. This trade represents a 2.07 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 751,033 shares of company stock worth $480,911,671. 13.71% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on META. Rosenblatt Securities reissued a “buy” rating and set a $811.00 price target on shares of Meta Platforms in a report on Monday, January 27th. Arete Research raised Meta Platforms to a “hold” rating in a report on Friday, January 24th. Roth Mkm raised their price target on Meta Platforms from $620.00 to $635.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. The Goldman Sachs Group raised their price target on Meta Platforms from $688.00 to $765.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Finally, Susquehanna lifted their price objective on Meta Platforms from $675.00 to $800.00 and gave the company a “positive” rating in a report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirty-five have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $717.90.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Meta Platforms Company Profile

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.