93,080 Shares in Meta Platforms, Inc. $META Purchased by PBCay One RSC Ltd

Key Points

• PBCay One RSC Ltd acquired 93,080 Meta shares in the first quarter, valued at approximately $53.3 million and representing about 4% of its portfolio. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Meta reported strong quarterly results, with earnings of $10.44 per share and revenue of $56.31 billion, beating estimates and posting 33.1% year-over-year revenue growth. The company also pays a quarterly dividend of $0.525, or $2.10 annually, for a 0.4% yield.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $835.64, although ratings range from Strong Buy to Sell. Investors remain focused on Meta’s rising AI spending, potential returns on infrastructure investment and ongoing legal and reputational risks.

PBCay One RSC Ltd acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 93,080 shares of the social networking company's stock, valued at approximately $53,254,000. Meta Platforms makes up approximately 4.0% of PBCay One RSC Ltd's portfolio, making the stock its 10th largest holding.

A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% during the fourth 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 in the last quarter. Auto Owners Insurance Co boosted its stake 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 worth $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. State Street Corp grew its holdings 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 in the last quarter. Geode Capital Management LLC grew its holdings in Meta Platforms by 1.7% in the 4th 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 buying an additional 878,396 shares in the last quarter. Finally, Capital World Investors increased its stake in shares of Meta Platforms by 0.8% in the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock worth $26,112,735,000 after acquiring an additional 310,947 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

Shares of META stock opened at $593.87 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market cap of $1.50 trillion, a P/E ratio of 21.59, a P/E/G ratio of 1.01 and a beta of 1.25. The firm's 50 day moving average price is $604.17 and its 200-day moving average price is $625.06. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm 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 firm earned $6.43 EPS. The firm's revenue for the quarter was up 33.1% on a year-over-year basis. As a group, equities research analysts predict that Meta Platforms, Inc. will post 29.49 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid 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 dividend yield of 0.4%. Meta Platforms's payout ratio is presently 7.63%.

Analysts Set New Price Targets

META has been the topic of several analyst reports. Weiss Ratings lowered Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, June 26th. Wells Fargo & Company upped their price objective on shares of Meta Platforms from $767.00 to $835.00 and gave the company an "overweight" rating in a report on Tuesday, July 21st. The Goldman Sachs Group downgraded shares of Meta Platforms from a "buy" rating to a "sell" rating in a research note on Tuesday, June 2nd. 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, Wolfe Research dropped their price target on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a research note on Friday, April 10th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $835.64.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Analysts and investors see Meta as attractively valued ahead of Wednesday’s earnings, with estimates suggesting its forward earnings multiple is below historical norms and the broader market. Meta’s record of 13 consecutive earnings beats raises the possibility of another upside surprise. Meta Platforms: Time To Be Greedy
• Positive Sentiment: Revenue growth is expected to benefit from user expansion, higher advertising prices and increased ad volume. Meta is also expanding Meta AI by placing its chatbot in Threads direct messages, potentially increasing engagement and creating additional monetization opportunities over time. Threads users can now chat with Meta AI in their DMs
• Positive Sentiment: Supporters argue Meta can absorb elevated capital expenditures, including as much as $145 billion in 2026 AI spending, because of its strong cash generation and advertising business. Its AI infrastructure plans could also create opportunities to sell excess computing capacity at premium prices. Meta Can Absorb Capex Trouble
• Neutral Sentiment: Meta reports results after the market closes Wednesday, and options traders are pricing a sizable post-earnings move. The report, guidance and commentary on AI returns and spending will likely determine the stock’s near-term direction. Meta Reports Earnings Wednesday
• Negative Sentiment: Concerns about rising costs, heavy capital expenditures and uncertain returns on AI investments are weighing on sentiment. The broader technology sector has recently seen investors sell or fail to reward stocks even after strong earnings, contributing to Meta’s recent decline. Meta Q2 Earnings Loom
• Negative Sentiment: Meta faces ongoing legal and reputational risks. Tennessee attorneys allege that company leadership ignored internal research about Instagram’s effects on teenagers, while a separate lawsuit alleges failures to prevent abuse on Meta’s platforms. Adverse rulings or regulatory action could increase costs and constrain product practices. Meta disregarded its own research on teen harm

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction dated Monday, July 6th. The stock was 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 directly owned 9,498 shares of the company's stock, valued at $5,708,013.06. The trade was a 26.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 dated Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total transaction of $303,875.00. Following the sale, the director owned 3,443 shares in the company, valued at $2,092,483.25. This trade represents a 12.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 36,393 shares of company stock worth $22,141,163. 13.53% of the stock is currently owned by company insiders.

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.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.