5,418 Meta Platforms, Inc. $META Shares Purchased by Munich Reinsurance Co Stock Corp in Munich

Key Points

• Munich Re increased its Meta stake by 6.4% in the second quarter, purchasing 5,418 shares and bringing its holdings to 89,665 shares valued at approximately $50.5 million. Institutional investors collectively own about 79.9% of Meta.
• Analysts remain broadly bullish, with a consensus rating of Moderate Buy and an average price target of $785.90, despite Goldman Sachs lowering its target to $725.
• Meta shares traded around $751.66 after a 3.3% decline, while insiders sold more than 123,000 shares worth approximately $80.8 million over the past three months under pre-arranged trading plans.

Munich Reinsurance Co Stock Corp in Munich raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 89,665 shares of the social networking company's stock after purchasing an additional 5,418 shares during the period. Munich Reinsurance Co Stock Corp in Munich's holdings in Meta Platforms were worth $50,507,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of META. RHL Group LLC bought a new position in Meta Platforms in the fourth quarter worth approximately $28,000. Advantage Trust Co bought a new stake in Meta Platforms during the 2nd quarter valued at $28,000. Niles Investment Management LLC bought a new stake in Meta Platforms during the 4th quarter valued at $29,000. Philadelphia Investment Partners LLC purchased a new position in shares of Meta Platforms in the 2nd quarter valued at $32,000. Finally, Axiom Investment Management LLC purchased a new position in shares of Meta Platforms in the 1st quarter valued at $36,000. Institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on META shares. The Goldman Sachs Group restated a "buy" rating and set a $725.00 price objective (down from $815.00) on shares of Meta Platforms in a research note on Thursday, August 27th. Wolfe Research reiterated an "outperform" rating and issued a $700.00 target price on shares of Meta Platforms in a research note on Thursday, July 30th. Bank of America reiterated a "buy" rating and issued a $810.00 target price on shares of Meta Platforms in a report on Tuesday. President Capital raised shares of Meta Platforms from a "neutral" rating to a "buy" rating and increased their price target for the company from $660.00 to $897.00 in a research report on Thursday. Finally, Citizens Jmp raised their price target on shares of Meta Platforms from $770.00 to $885.00 and gave the company a "market outperform" rating in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $785.90.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Christopher Cox sold 40,000 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the sale, the insider directly owned 184,516 shares of the company's stock, valued at approximately $131,515,624.16. This trade represents a 17.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 946 shares of Meta Platforms stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $680.27, for a total value of $643,535.42. Following the transaction, the chief operating officer owned 9,770 shares of the company's stock, valued at $6,646,237.90. The trade was a 8.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 123,333 shares of company stock valued at $80,795,845. 13.53% of the stock is owned by insiders.

Key Meta Platforms News

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

• Positive Sentiment: Muse momentum remains the main bullish catalyst. Early reviews, rising user traction and Meta’s new early-access program for upcoming Muse features are reinforcing expectations that the AI assistant could become a major consumer product and future revenue stream. Meta opens early access program for new Muse features
• Positive Sentiment: Analysts are raising price targets. Deutsche Bank, TD Cowen, Canaccord Genuity and other firms lifted targets and maintained bullish ratings, citing Muse’s potential to expand Meta beyond advertising through subscriptions, commerce and AI services. Meta price targets raised as Muse gains momentum
• Positive Sentiment: AI hardware could broaden Muse’s distribution. Meta is integrating Muse into Ray-Ban AI glasses and introducing additional wearable and VR products, creating potential new hardware, services and commerce opportunities.
• Neutral Sentiment: Friday’s decline appears largely technical. After rising roughly 36% during September and approaching a $2 trillion market value, Meta faced profit-taking and a pullback from recent highs. Bullish options activity suggests some traders continue to view the weakness as a buying opportunity.
• Neutral Sentiment: Large capital spending remains a key debate. Investors are encouraged by Meta’s AI strategy but remain uncertain whether heavy spending on infrastructure and Reality Labs will generate sufficient returns.
• Negative Sentiment: New Mexico litigation adds regulatory risk. A jury found that Meta misled state residents in a case related to the Cambridge Analytica data scandal, potentially increasing legal costs and scrutiny. Meta misled consumers in New Mexico jury case
• Negative Sentiment: A Muse security vulnerability was identified. Meta is adding clearer safety warnings after a vulnerability reportedly could expose sensitive user information, raising concerns about trust and adoption of its AI agent. Meta bolsters Muse safety warning after vulnerability
• Negative Sentiment: Competition and monetization obstacles remain. Amazon blocked Muse from accessing its platform, while privacy concerns around camera-equipped glasses and skepticism toward new AI hardware could limit Meta’s growth plans.
• Negative Sentiment: Insider selling adds a cautionary signal. Christopher Cox sold 40,000 shares and COO Javier Olivan sold shares under pre-arranged Rule 10b5-1 plans. The transactions do not necessarily indicate reduced confidence, but they add to concerns after the stock’s rapid advance.

Meta Platforms Trading Down 3.3%

Shares of NASDAQ:META opened at $751.66 on Friday. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The stock has a market cap of $1.91 trillion, a price-to-earnings ratio of 28.31, a PEG ratio of 1.35 and a beta of 1.25. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $615.16 and a 200-day moving average price of $613.07.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.14 EPS. Equities analysts predict that Meta Platforms, Inc. will post 27.93 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Monday, September 21st will be given a dividend of $0.5250 per share. The ex-dividend date is Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's payout ratio is currently 7.91%.

Meta Platforms Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company's principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.

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