ARQ Wealth Advisors LLC Acquires 935 Shares of Meta Platforms, Inc. $META

Key Points

• ARQ Wealth Advisors LLC boosted its Meta stake by 232.6% in the first quarter, buying 935 additional shares and bringing its total to 1,337 shares valued at about $765,000.
• Meta reported strong first-quarter results, with EPS of $10.44 and revenue of $56.31 billion, both ahead of expectations. Revenue rose 33.1% year over year, highlighting continued growth momentum.
• Despite the positive earnings and analyst support, insider selling has been notable, including recent sales by COO Javier Olivan and CTO Andrew Bosworth. The stock was also down 2.8% in the session noted in the article.

ARQ Wealth Advisors LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 232.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,337 shares of the social networking company's stock after acquiring an additional 935 shares during the period. ARQ Wealth Advisors LLC's holdings in Meta Platforms were worth $765,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. RHL Group LLC acquired a new stake in Meta Platforms in the fourth quarter valued at $28,000. Strategic Wealth Advisors LLC bought a new stake in shares of Meta Platforms in the 4th quarter valued at about $29,000. Safe Harbor Fiduciary LLC acquired a new stake in Meta Platforms in the 4th quarter valued at about $42,000. Bayban lifted its stake in Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company's stock valued at $40,000 after purchasing an additional 35 shares during the last quarter. Finally, Key Capital Management INC bought a new stake in Meta Platforms in the fourth quarter valued at approximately $48,000. 79.91% of the stock is currently owned by institutional investors.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the company's stock in a transaction that occurred on 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 owned 9,498 shares of the company's stock, valued at $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of the firm's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, the chief technology officer owned 414 shares of the company's stock, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 39,503 shares of company stock worth $24,241,859 in the last 90 days. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Stock Down 2.8%

NASDAQ META opened at $646.01 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The stock has a market capitalization of $1.63 trillion, a PE ratio of 23.48, a PEG ratio of 1.17 and a beta of 1.25. The business has a fifty day moving average price of $603.17 and a two-hundred day moving average price of $627.00.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion for 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 business's revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.43 earnings per share. Equities analysts expect that Meta Platforms, Inc. will post 29.42 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 15th. Meta Platforms's dividend payout ratio is currently 7.63%.

Analyst Upgrades and Downgrades

META has been the topic of a number of research reports. Rosenblatt Securities reiterated a "buy" rating and issued a $1,015.00 price target on shares of Meta Platforms in a research note on Thursday, May 28th. Guggenheim reduced their price objective on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Wedbush started coverage on Meta Platforms in a report on Thursday. They set a "neutral" rating and a $671.00 target price for the company. Wall Street Zen cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $810.00 price objective on shares of Meta Platforms in a research note on Monday, June 1st. Three research 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 company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $830.45.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta is reportedly in early talks to lease computing power to Anthropic in a potential deal worth up to $10 billion. Investors view that as a possible new revenue stream that would help Meta monetize its AI infrastructure and validate demand for its computing capacity. Article Title
• Positive Sentiment: Meta also unveiled its newest AI model, Muse Spark 1.1, and the company is reportedly considering a broader cloud push. Together, those moves reinforce the idea that Meta can turn heavy AI spending into products and services that generate returns. Article Title
• Positive Sentiment: Analysts remain constructive on Meta’s earnings outlook, with Erste Group raising its FY2027 EPS estimate and maintaining a Buy rating. That adds to the bullish case heading into the next earnings report. Article Title
• Neutral Sentiment: A federal judge declined to block Meta from laying off workers who filed an AI discrimination lawsuit. The ruling removes an immediate legal obstacle, but the underlying claims over alleged bias in AI-driven job cuts still create headline risk. Article Title
• Negative Sentiment: Meta is also facing scrutiny from employees over AI-assisted layoffs, with allegations that its tools discriminated against protected groups. That could keep legal and reputational pressure on the stock. Article Title

Meta Platforms 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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