Accurate Wealth Management LLC Has $8.39 Million Stock Position in Meta Platforms, Inc. $META

Accurate Wealth Management LLC raised its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,890 shares of the social networking company's stock after purchasing an additional 1,043 shares during the quarter. Meta Platforms makes up approximately 0.8% of Accurate Wealth Management LLC's holdings, making the stock its 26th biggest position. Accurate Wealth Management LLC's holdings in Meta Platforms were worth $8,387,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of META. XY Planning Network Inc. lifted its stake in shares of Meta Platforms by 66.6% in the 2nd quarter. XY Planning Network Inc. now owns 1,456 shares of the social networking company's stock valued at $820,000 after purchasing an additional 582 shares during the last quarter. Davidson Kahn Capital Management LLC increased its holdings in shares of Meta Platforms by 6.5% during the 2nd quarter. Davidson Kahn Capital Management LLC now owns 7,359 shares of the social networking company's stock valued at $4,145,000 after acquiring an additional 447 shares during the last quarter. QRG Capital Management Inc. raised its stake in shares of Meta Platforms by 5.5% in the 2nd quarter. QRG Capital Management Inc. now owns 372,579 shares of the social networking company's stock valued at $209,870,000 after acquiring an additional 19,353 shares in the last quarter. Blue Zone Wealth Advisors LLC raised its stake in shares of Meta Platforms by 51.4% in the 2nd quarter. Blue Zone Wealth Advisors LLC now owns 31,928 shares of the social networking company's stock valued at $17,985,000 after acquiring an additional 10,842 shares in the last quarter. Finally, Presidio Capital Management LLC lifted its holdings in Meta Platforms by 108.8% in the 2nd quarter. Presidio Capital Management LLC now owns 1,230 shares of the social networking company's stock worth $693,000 after purchasing an additional 641 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of META stock opened at $589.85 on Friday. The stock has a 50 day moving average of $595.94 and a two-hundred day moving average of $620.41. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a market capitalization of $1.50 trillion, a P/E ratio of 22.22, a P/E/G ratio of 1.01 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.Meta Platforms's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business posted $7.14 EPS. As a group, equities analysts expect that Meta Platforms, Inc. will post 28.5 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms's payout ratio is currently 7.91%.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Analysts remain constructive on Meta’s long-term outlook, citing 28% revenue growth, resilient advertising demand and additional monetization opportunities in WhatsApp. Some commentary argues that the market is assigning little value to future AI and messaging revenue streams. Meta Has $27 Billion That Isn't On Its Balance Sheet
• Positive Sentiment: Meta released Glimmer, an open-weight AI model that users can download and run on their own hardware, supporting Mark Zuckerberg’s strategy of broadening access to AI. The move could strengthen developer adoption and Meta’s competitive position, although its financial payoff is uncertain. Meta's open AI, and a $250M deal gone very wrong
• Neutral Sentiment: Meta removed approximately 756,000 suspected under-16 accounts in Australia—462,000 from Instagram and 294,000 from Facebook—as it enforces the country’s youth social-media restrictions. The action demonstrates regulatory compliance but may raise moderation costs and reduce engagement among younger users. Meta says it has taken down 756,000 Australian teen accounts
• Neutral Sentiment: Institutional trading was mixed: Dodge & Cox increased its position by 1.47 million shares, while Sands Capital and Columbus Hill reduced their stakes. These transactions may influence sentiment but do not by themselves change Meta’s fundamentals. Dodge and Cox boosts Meta Platforms stake
• Negative Sentiment: A Ninth Circuit ruling removed a procedural barrier to more than 3,000 lawsuits alleging Meta’s product features harm young users. The court did not determine liability, but the decision allows the cases to proceed and adds potential litigation costs, damages and pressure to change platform design. How Serious Are Thousands of Addiction Lawsuits for Meta and Snap?
• Negative Sentiment: Investors remain concerned that Meta’s roughly $145 billion AI investment plan and major data-center projects could produce diminishing returns, compress margins and weigh on free cash flow before monetization catches up. Meta: Diminishing Q2 CapEx ROI Is Alarming
• Negative Sentiment: Meta COO Javier Olivan disclosed additional sales under a pre-arranged Rule 10b5-1 plan, while several funds also trimmed holdings. Although planned insider sales are not necessarily bearish, they can add to near-term selling pressure. Meta COO insider stock sale

Analysts Set New Price Targets

A number of brokerages have issued reports on META. Bank of America decreased their target price on Meta Platforms from $835.00 to $810.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Phillip Securities raised shares of Meta Platforms to a "strong-buy" rating in a research report on Monday, August 3rd. Wall Street Zen cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. TD Cowen decreased their price objective on shares of Meta Platforms from $800.00 to $750.00 and set a "buy" rating for the company in a report on Thursday, July 30th. Finally, Scotiabank reiterated a "sector perform" rating and issued a $600.00 target price on shares of Meta Platforms in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and an average target price of $785.32.

Insiders Place Their Bets

In other news, Director Robert M. Kimmitt sold 500 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the transaction, the director directly owned 2,943 shares of the company's stock, valued at approximately $1,652,671.08. This trade represents a 14.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 1,258 shares of Meta Platforms stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $600.00, for a total transaction of $754,800.00. Following the sale, the chief operating officer owned 1,517 shares in the company, valued at approximately $910,200. This trade represents a 45.33% 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. Insiders have sold 36,280 shares of company stock worth $22,075,696 in the last quarter. Corporate insiders own 13.53% of the company's stock.

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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