BTC Capital Management Inc. Grows Position in Meta Platforms, Inc. $META

BTC Capital Management Inc. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,134 shares of the social networking company’s stock after buying an additional 1,932 shares during the quarter. Meta Platforms accounts for about 1.9% of BTC Capital Management Inc.’s investment portfolio, making the stock its 12th biggest position. BTC Capital Management Inc.’s holdings in Meta Platforms were worth $28,101,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of META. Auto Owners Insurance Co boosted its stake in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after purchasing an additional 105,154,977 shares during the period. Norges Bank purchased a new position in Meta Platforms in the 4th quarter worth about $22,152,075,000. Vanguard Group Inc. increased its stake in Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after buying an additional 7,269,279 shares during the period. Corient Private Wealth LLC lifted its holdings in Meta Platforms by 488.1% during the 4th quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock valued at $3,608,445,000 after buying an additional 4,537,076 shares in the last quarter. Finally, State Street Corp boosted its position in Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after buying an additional 4,395,763 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Susan J. Li sold 9,195 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at approximately $8,014,978.24. The trade was a 41.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Curtis J. Mahoney sold 2,079 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the sale, the insider owned 1,118 shares of the company’s stock, valued at $681,890.56. This trade represents a 65.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 39,013 shares of company stock valued at $24,115,999. 13.53% of the stock is owned by insiders.

Wall Street Analyst Weigh In

META has been the topic of a number of research reports. Wells Fargo & Company reduced their target price on shares of Meta Platforms from $770.00 to $765.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 20th. Weiss Ratings lowered Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. The Goldman Sachs Group cut Meta Platforms from a “buy” rating to a “sell” rating in a research note on Tuesday, June 2nd. BNP Paribas Exane assumed coverage on Meta Platforms in a report on Tuesday, June 2nd. They set an “outperform” rating on the stock. Finally, Morgan Stanley decreased their target price on Meta Platforms from $825.00 to $775.00 and set an “overweight” rating for the company in a research report on Monday, March 30th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $840.60.

Meta Platforms Price Performance

Shares of META opened at $550.25 on Friday. The company has a 50 day moving average price of $612.28 and a 200-day moving average price of $630.76. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The stock has a market capitalization of $1.39 trillion, a PE ratio of 20.00, a PEG ratio of 0.97 and a beta of 1.23. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. The company 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%. Meta Platforms’s revenue was up 33.1% compared to the same quarter last year. During the same period last year, the company posted $6.43 earnings per share. Equities analysts predict that Meta Platforms, Inc. will post 29.35 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Wedbush’s Dan Ives said Meta is being treated like a “bear market” stock despite its central role in the AI buildout, arguing the recent selloff is more about short-term impatience than a broken AI thesis.
• Positive Sentiment: Analyst commentary said Meta’s AI push is driving revenue growth, stronger ad engagement, and rising user activity, supporting the case for further upside.
• Positive Sentiment: Qualcomm’s new AI data-center push and partnerships with Meta and Microsoft reinforce Meta’s role in major AI infrastructure deals, which may support long-term growth expectations. Qualcomm stock jumps on AI data center push, Meta and Microsoft deals
• Positive Sentiment: One article framed Meta as one of the most attractive mega-cap tech names after the 2026 selloff, suggesting the stock could have meaningful recovery potential from current levels.
• Neutral Sentiment: Mark Zuckerberg is reportedly pushing Meta to explore working with prediction-market platforms Polymarket and Kalshi as part of an Arena app aimed at younger users, which could expand engagement but is still early-stage. Mark Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
• Neutral Sentiment: Consumer-sentiment commentary said Meta continues to keep users on its platforms longer, but investor sentiment remains weighed down by AI spending concerns. Ca$htag$: Is META Winning Over Consumers?
• Negative Sentiment: Meta is facing fresh legal and reputational pressure after Sarah Wynn-Williams accused the company of surveilling her to silence criticism, adding to headline risk around the stock.
• Negative Sentiment: Multiple reports continue to highlight investor concern that Meta’s aggressive AI infrastructure spending is compressing near-term cash flow, which has been a major factor behind the stock’s weakness.

About Meta Platforms

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.