AlpenGlobal Capital LLC Takes Position in Meta Platforms, Inc. $META

AlpenGlobal Capital LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,501 shares of the social networking company's stock, valued at approximately $4,292,000. Meta Platforms makes up 2.8% of AlpenGlobal Capital LLC's portfolio, making the stock its 14th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. RHL Group LLC bought a new position in Meta Platforms in the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms during the 4th quarter worth $29,000. Niles Investment Management LLC bought a new stake in shares of Meta Platforms in the 4th quarter worth $29,000. Bayban grew its stake in shares of Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company's stock worth $40,000 after acquiring an additional 35 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms in the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Erste Group Bank upgraded Meta Platforms from a "hold" rating to a "buy" rating in a research note on Tuesday, July 7th. Rosenblatt Securities reiterated a "buy" rating and issued a $1,015.00 price objective on shares of Meta Platforms in a research note on Thursday, May 28th. The Goldman Sachs Group lowered Meta Platforms from a "buy" rating to a "sell" rating in a report on Tuesday, June 2nd. Roth Capital reiterated a "buy" rating on shares of Meta Platforms in a research report on Thursday, April 30th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $835.90.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Multiple pieces highlighted Meta’s expanding AI strategy, including reports that it is building out custom chips and massive computing capacity, with some commentary suggesting Meta could even broaden into cloud services. That supports the view that META is investing aggressively to stay competitive in AI. How Meta Platforms (META) Is Strengthening Its AI Infrastructure With Custom Chips and Massive Computing Expansion
• Positive Sentiment: Several market articles argued that investors are still warming to Meta ahead of its next earnings report, pointing to strong ad growth, AI engagement, and continued long-term demand for its platforms. This is helping sentiment around the stock. Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Meta announced it will release second-quarter 2026 results on July 29, keeping attention on the upcoming earnings print. That event is adding anticipation, but it is not a direct operational surprise yet. Meta to Announce Second Quarter 2026 Results
• Neutral Sentiment: Some analysts are debating valuation and capital spending, with concerns that heavy AI capex could pressure free cash flow even if revenue remains strong. That creates a valuation headwind, but it is still largely a longer-term debate. Meta Q2 Preview: CAPEX And Free Cash Flow In Focus
• Negative Sentiment: Meta is facing a new lawsuit from former employees alleging it used AI tools and workplace metrics to target workers on medical, parental, or other protected leave during layoffs. That raises legal and reputational risk for META. Meta used AI to target workers with medical conditions for layoffs, former employees' lawsuit claims

Meta Platforms Trading Up 3.1%

Shares of META stock opened at $681.31 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The company has a market capitalization of $1.72 trillion, a PE ratio of 24.77, a price-to-earnings-growth ratio of 1.17 and a beta of 1.25. The business's fifty day moving average is $601.49 and its 200 day moving average is $626.86.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results 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 business had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm's revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the business earned $6.43 earnings per share. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 29.42 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued 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 0.3%. Meta Platforms's dividend payout ratio is presently 7.63%.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the firm's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the sale, the chief operating officer owned 9,498 shares in the company, valued at approximately $5,708,013.06. This trade represents a 26.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 2,079 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total value of $1,268,023.68. Following the sale, the insider owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% 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. Insiders sold 39,503 shares of company stock worth $24,241,859 over the last quarter. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Company Profile

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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