Kathmere Capital Management LLC Has $4.61 Million Stake in Meta Platforms, Inc. $META

Kathmere Capital Management LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 28.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 8,054 shares of the social networking company’s stock after purchasing an additional 1,780 shares during the quarter. Kathmere Capital Management LLC’s holdings in Meta Platforms were worth $4,608,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings 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 acquiring an additional 7,269,279 shares during the period. Auto Owners Insurance Co boosted its holdings in 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 acquiring an additional 105,154,977 shares during the period. State Street Corp boosted its holdings in Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after acquiring an additional 4,395,763 shares during the period. Geode Capital Management LLC grew its position in shares of Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock valued at $34,734,628,000 after purchasing an additional 878,396 shares during the last quarter. Finally, Capital World Investors grew its position in shares of Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock valued at $26,112,735,000 after purchasing an additional 310,947 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

META has been the topic of a number of recent analyst reports. Barclays lifted their price objective on Meta Platforms from $800.00 to $830.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Tigress Financial raised their target price on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Monday, June 1st. Raymond James Financial upgraded Meta Platforms from an “underperform” rating to an “outperform” rating in a report on Tuesday, June 2nd. Finally, BNP Paribas Exane assumed coverage on Meta Platforms in a research report on Tuesday, June 2nd. They issued an “outperform” rating for the company. Three analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $838.26.

Meta Platforms Trading Up 6.0%

Shares of META opened at $669.21 on Friday. The stock’s 50-day moving average price is $598.11 and its 200 day moving average price is $627.10. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 24.33, a P/E/G ratio of 1.11 and a beta of 1.25. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter last year, the company earned $6.43 EPS. The company’s quarterly revenue was up 33.1% on a year-over-year basis. As a group, research analysts predict that Meta Platforms, Inc. will post 29.46 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is 7.63%.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the transaction, the chief operating officer owned 9,498 shares in the company, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,195 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the transaction, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $8,014,978.24. The trade was a 41.08% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 44,748 shares of company stock valued at $27,565,292 in the last ninety days. 13.53% of the stock is owned by company insiders.

Key Meta Platforms News

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

• Positive Sentiment: Meta’s latest AI push is drawing bullish attention, including the launch of Muse Spark 1.1, expanded developer access through its Model API, and reports that the company plans to start producing an in-house AI chip in September. Investors are betting these moves could lower compute costs, reduce reliance on Nvidia and AMD, and open new revenue streams beyond advertising. Article Title
• Positive Sentiment: Meta is also benefiting from optimism around its cloud and AI infrastructure ambitions, including a new C$13 billion data center in Alberta and commentary that the company may be building a stronger long-term “AI revenue stack” than the market currently prices in. Article Title
• Positive Sentiment: Several analysts and commentators are still constructive on META, with bullish notes saying the stock looks attractively valued relative to its AI growth potential and that recent weakness created an opportunity for long-term investors. Article Title
• Neutral Sentiment: Citizens JMP trimmed its price target to $800 from $825 while maintaining an outperform rating, suggesting continued upside but a slightly more cautious near-term view on valuation and spending. Article Title
• Negative Sentiment: Meta faces renewed regulatory risk after the European Union said Facebook and Instagram may violate the Digital Services Act with “addictive” design features such as infinite scroll, autoplay, and push notifications, potentially exposing the company to fines and product changes. Article Title
• Negative Sentiment: Separate reporting also highlighted investor concern that Meta’s aggressive AI capex could pressure margins if monetization takes longer than expected, even though the market is currently rewarding the strategy. Article Title

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.