1,921 Shares in Meta Platforms, Inc. $META Bought by Wealthquest Corp

Key Points

• Wealthquest Corp opened a new position in Meta Platforms during the fourth quarter, buying 1,921 shares valued at about $1.27 million.
• Meta continues to draw strong institutional interest, with investors owning nearly 80% of the stock, while analysts remain broadly positive despite some recent target cuts. The consensus rating is still Moderate Buy with a target price of about $840.60.
• Meta recently beat earnings estimates, posting $10.44 EPS on revenue of $56.31 billion, and it also announced a quarterly dividend of $0.525 per share. However, insiders have sold shares in recent months, including CFO Susan J. Li and insider Curtis J. Mahoney.

Wealthquest Corp purchased a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,921 shares of the social networking company's stock, valued at approximately $1,268,000.

Other large investors also recently bought and sold shares of the company. Westchester Capital Management Inc. bought a new stake in Meta Platforms in the third quarter worth $26,000. Strategic Wealth Advisors LLC bought a new stake in Meta Platforms in the fourth quarter worth $29,000. Key Capital Management INC bought a new stake in Meta Platforms in the fourth quarter worth $48,000. Entrust Financial LLC bought a new stake in Meta Platforms in the fourth quarter worth $48,000. Finally, Fairway Wealth LLC increased its position in Meta Platforms by 36.8% in the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company's stock worth $51,000 after purchasing an additional 21 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Analysts Set New Price Targets

META has been the topic of several research reports. Royal Bank Of Canada restated an "outperform" rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Monday. Wells Fargo & Company reduced their price target 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. Wall Street Zen cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. TD Cowen reduced their price target on shares of Meta Platforms from $820.00 to $800.00 and set a "buy" rating on the stock in a research report on Thursday, April 30th. Finally, Bank of America dropped their price objective on shares of Meta Platforms from $885.00 to $820.00 and set a "buy" rating for the company in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.60.

Insider Activity at Meta Platforms

In other news, CFO Susan J. Li sold 9,195 shares of the business's stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 business's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the sale, the insider directly owned 1,118 shares of the company's stock, valued at $681,890.56. This represents a 65.03% 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. Insiders sold a total of 40,890 shares of company stock valued at $25,315,558 over the last ninety days. Company insiders own 13.53% of the company's stock.

Meta Platforms Stock Down 0.5%

NASDAQ META opened at $597.63 on Wednesday. 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 company has a fifty day moving average of $617.71 and a two-hundred day moving average of $636.73. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 21.72, a PEG ratio of 1.06 and a beta of 1.23. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted 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 company had revenue of $56.31 billion during 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 quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.43 earnings per share. On average, analysts predict that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, June 15th. Meta Platforms's payout ratio is currently 7.63%.

Key Meta Platforms News

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

• Positive Sentiment: Wall Street sentiment remains constructive, with analysts including RBC reiterating an outperform view and setting a higher price target, suggesting investors still see meaningful upside in Meta’s core ad and AI businesses.
• Positive Sentiment: A new study ranked Meta among the top S&P 500 companies adopting AI, reinforcing the market’s view that AI remains a key long-term growth driver for the company.
• Positive Sentiment: Meta also announced broader teen-safety controls and new Instagram features aimed at safer, more age-appropriate feeds, which may help ease concerns around user safety and regulation.
• Neutral Sentiment: Several articles highlighted Meta as a long-term growth or value stock, reflecting continued investor interest but not a clear near-term catalyst.
• Negative Sentiment: Meta is dialing back its plan to collect employee mouse movements, clicks, and keystrokes for AI training after staff pushback, underscoring internal resistance to how aggressively the company is pursuing AI data collection. Exclusive: Meta scales back AI mouse clicks tool, citing employee concerns
• Negative Sentiment: Hackers reportedly tricked Meta’s AI chatbot into helping them access Instagram accounts, raising fresh concerns about product security and trust in Meta’s AI systems. They tricked Meta's chatbot to hack into Instagram accounts. It's a warning about how much we trust AI.
• Negative Sentiment: Meta continues to face regulatory and legal pressure over scam ads and child-safety issues, including coordinated European complaints and a proposed group legal action in the UK, which could add compliance costs and reputational risk.

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.

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