Ally Financial Inc. Has $23.66 Million Position in Meta Platforms, Inc. $META

Key Points

• Ally Financial increased its Meta Platforms stake by 18.3% in the second quarter to 42,000 shares valued at approximately $23.66 million, making Meta its sixth-largest holding and 3.1% of its portfolio.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year, but earnings of $6.18 per share missed the $7.19 analyst consensus. Analysts maintained a “Moderate Buy” consensus with an average price target of $788.88.
• Meta’s outlook includes potential AI-related savings and new subscription revenue, although legal and reputational risks tied to fraudulent advertisements remain concerns; insiders have also sold shares under pre-arranged trading plans.

Ally Financial Inc. boosted its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 42,000 shares of the social networking company's stock after buying an additional 6,500 shares during the period. Meta Platforms makes up 3.1% of Ally Financial Inc.'s portfolio, making the stock its 6th largest holding. Ally Financial Inc.'s holdings in Meta Platforms were worth $23,658,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. RHL Group LLC acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $28,000. Advantage Trust Co bought a new position in Meta Platforms during the 2nd quarter worth $28,000. Axiom Investment Management LLC acquired a new stake in shares of Meta Platforms during the first quarter worth $36,000. Bayban lifted its holdings in shares of Meta Platforms by 100.0% during the first quarter. Bayban now owns 70 shares of the social networking company's stock worth $40,000 after buying an additional 35 shares in the last quarter. Finally, Entrust Financial LLC bought a new stake in shares of Meta Platforms in the fourth quarter valued at about $48,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

META stock opened at $682.31 on Friday. The company's 50-day moving average price is $606.40 and its two-hundred day moving average price is $609.40. The firm has a market cap of $1.74 trillion, a P/E ratio of 25.70, a P/E/G ratio of 1.17 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. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $790.80.

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

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, September 21st will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, September 21st. Meta Platforms's payout ratio is currently 7.91%.

Analysts Set New Price Targets

Several equities analysts recently commented on META shares. Scotiabank restated a "sector perform" rating and issued a $600.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Citizens Jmp cut their price objective on shares of Meta Platforms from $800.00 to $770.00 and set a "market outperform" rating for the company in a report on Thursday, July 30th. UBS Group decreased their target price on shares of Meta Platforms from $766.00 to $715.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. DA Davidson lowered their target price on shares of Meta Platforms from $850.00 to $700.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised shares of Meta Platforms from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $640.00 to $820.00 in a report on Thursday, September 10th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $788.88.

Insider Activity

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the firm's stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares of the company's stock, valued at approximately $3,875,854.26. This trade represents a 34.07% decrease in their position. The sale was disclosed in a document filed 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, COO Javier Olivan sold 946 shares of Meta Platforms stock in a transaction on Monday, September 14th. The shares were sold at an average price of $657.73, for a total value of $622,212.58. Following the completion of the transaction, the chief operating officer owned 10,716 shares in the company, valued at approximately $7,048,234.68. The trade was a 8.11% decrease in their position. 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. Over the last ninety days, insiders sold 81,758 shares of company stock valued at $51,214,020. Corporate insiders own 13.53% of the company's stock.

Meta Platforms News Summary

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

• Positive Sentiment: Bank of America maintained a Buy view, estimating Meta could save approximately $8.5 billion in 2027 by shifting AI workloads to its in-house MTIA chips. Meta reportedly plans to deploy newer chips in 2027, potentially reducing dependence on Nvidia and improving AI margins. Meta Can Save $8.5 Billion in 2027 by Using Its Own MTIA Chips
• Positive Sentiment: Meta’s Muse AI agent and the new Meta One subscription are strengthening the investment case that the company can diversify beyond advertising. Meta One combines higher AI usage limits and features across Facebook, Instagram and WhatsApp, creating a potential recurring-revenue stream. Meta Platforms: Get In Before September 23
• Positive Sentiment: Analyst optimism remains a near-term catalyst. Citi identified Meta Connect on September 23 as a possible trigger for additional product announcements and investor enthusiasm, while Rosenblatt reiterated a Buy rating with an $886 price target. Meta Event Next Week Could Spark Stock Gains, Says Citi
• Neutral Sentiment: Meta is expanding Muse’s capabilities, including phone calls, as it competes with emerging AI-agent providers. The move could improve user engagement and monetization, but competition and the execution required to turn usage into paid revenue remain significant. Rival AI Agents and Meta’s Muse Add Calling
• Negative Sentiment: A German court ruled Meta liable for fraudulent third-party advertisements on Facebook and Instagram, ordering the company to remove such content and pay damages. The decision could increase legal costs and raise concerns about platform-monitoring obligations. German Court Rules Meta Liable for Fake Ads
• Negative Sentiment: Consumer advocate Clark Howard said Meta declined to remove a deepfake advertisement using his likeness. The episode adds reputational and regulatory risk as Meta attempts to control AI-generated scams and fraudulent advertising. Facebook Told Clark Howard a Deepfake Ad Meets Its Standards
• Negative Sentiment: Chief Product Officer Christopher Cox sold 20,000 Meta shares worth about $13.5 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but insider selling can still weigh modestly on sentiment. SEC Insider Trading Filing

About Meta Platforms

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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