Meta Platforms, Inc. $META Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,077 shares of the social networking company’s stock after purchasing an additional 1,226 shares during the quarter. Modern Wealth Management LLC’s holdings in Meta Platforms were worth $11,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. First National Bank Sioux Falls lifted its position in Meta Platforms by 0.7% during the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after buying an additional 14 shares in the last quarter. Levin Capital Strategies L.P. boosted its stake in Meta Platforms by 1.4% during the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after buying an additional 14 shares during the last quarter. Vista Capital Partners Inc. grew its holdings in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after buying an additional 14 shares in the last quarter. Arcataur Capital Management LLC grew its holdings in Meta Platforms by 0.9% in the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock valued at $1,146,000 after buying an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC increased its stake in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after acquiring an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Down 0.1%

Shares of META stock opened at $593.41 on Wednesday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The firm has a market cap of $1.50 trillion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 1.00 and a beta of 1.25. The company has a 50-day moving average of $603.98 and a two-hundred day moving average of $624.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the prior year, the business posted $6.43 EPS. On average, analysts predict that Meta Platforms, Inc. will post 29.51 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s payout ratio is presently 7.63%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on META shares. Cantor Fitzgerald lowered their price target on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Piper Sandler initiated coverage on shares of Meta Platforms in a research report on Tuesday, June 2nd. They set an “overweight” rating for the company. Mizuho reduced their target price on shares of Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Raymond James Financial boosted their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Citigroup reissued a “strong-buy” rating on shares of Meta Platforms in a research note on Tuesday, July 21st. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $835.64.

Key Stories Impacting Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
• Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
• Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
• Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
• Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

Insider Buying and Selling

In other news, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction on Monday, July 20th. The stock was sold at an average price of $645.85, for a total value of $540,576.45. Following the completion of the sale, the chief operating officer directly owned 7,127 shares of the company’s stock, valued at approximately $4,602,972.95. The trade was a 10.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the sale, the director owned 3,443 shares in the company, valued at $2,092,483.25. This represents a 12.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 37,859 shares of company stock worth $23,087,979. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Profile

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.