Banco de Sabadell S.A Buys 986 Shares of Meta Platforms, Inc. $META

Key Points

• Banco de Sabadell increased its Meta stake by 19.5% in the second quarter, acquiring 986 shares for a total holding of 6,054 shares valued at approximately $3.41 million. Institutional investors own 79.91% of Meta’s outstanding stock.
• Meta’s AI strategy is strengthening investor optimism. Early adoption of the Muse AI product, potential Shopify commerce integration, and expansion to smart glasses prompted KeyCorp and Cantor Fitzgerald to raise their price targets to $900 and $860, respectively.
• Meta faces caution despite a bullish outlook. Executives sold shares under pre-arranged trading plans, the stock is near its 52-week high, and the company recently missed quarterly EPS estimates even as revenue rose 28% year over year; analysts maintain a “Moderate Buy” consensus with an average $796.95 target.

Banco de Sabadell S.A grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 19.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,054 shares of the social networking company's stock after acquiring an additional 986 shares during the quarter. Meta Platforms comprises about 2.0% of Banco de Sabadell S.A's portfolio, making the stock its 19th biggest position. Banco de Sabadell S.A's holdings in Meta Platforms were worth $3,409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in META. Nan Shan Life Insurance Co. Ltd. grew its holdings in shares of Meta Platforms by 6.4% during the second quarter. Nan Shan Life Insurance Co. Ltd. now owns 157,555 shares of the social networking company's stock valued at $88,749,000 after buying an additional 9,511 shares during the last quarter. Ironvine Capital Partners LLC raised its stake in Meta Platforms by 1,298.5% in the 2nd quarter. Ironvine Capital Partners LLC now owns 49,129 shares of the social networking company's stock worth $27,674,000 after acquiring an additional 45,616 shares during the last quarter. Independence Bank of Kentucky raised its stake in Meta Platforms by 0.9% in the 2nd quarter. Independence Bank of Kentucky now owns 18,198 shares of the social networking company's stock worth $10,251,000 after acquiring an additional 155 shares during the last quarter. Bedel Financial Consulting Inc. lifted its position in Meta Platforms by 2.8% during the 2nd quarter. Bedel Financial Consulting Inc. now owns 3,097 shares of the social networking company's stock worth $1,745,000 after acquiring an additional 83 shares during the period. Finally, Keeler Thomas Management LLC grew its stake in Meta Platforms by 11.2% during the 2nd quarter. Keeler Thomas Management LLC now owns 2,258 shares of the social networking company's stock valued at $1,272,000 after purchasing an additional 228 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms News Roundup

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

• Positive Sentiment: Muse adoption is strengthening the AI growth narrative. Muse reportedly reached the top of Apple’s U.S. free-app rankings, with early downloads approaching 900,000. Investors are increasingly viewing the product as a potential consumer “killer app” and a new distribution channel for Meta’s AI capabilities. Meta's standoff with Amazon over Muse could be a sign of things to come
• Positive Sentiment: Analysts raised their expectations. KeyCorp lifted its price target to $900 from $780, while Cantor Fitzgerald raised its target to $860 from $680; both maintained overweight ratings. The upgrades reflect expectations that AI agents could become a significant third growth curve for Meta. KeyBanc Adjusts PT on Meta Platforms to $900
• Positive Sentiment: Commerce and hardware opportunities are expanding. Muse’s integration with Shopify’s Shop Pay could let users complete purchases through the agent, giving Meta a path to transaction-based monetization. Meta is also bringing Muse to smart glasses and advancing a broader hardware push ahead of Meta Connect. Meta is bringing its Muse AI agent to its glasses
• Neutral Sentiment: Meta Connect is a near-term catalyst. Investors are awaiting announcements on Muse, AI models, smart glasses and other devices that could clarify the company’s product roadmap and monetization strategy.
• Negative Sentiment: Competitive and regulatory risks remain. Amazon blocked Muse from accessing its site, while privacy and security concerns surrounding AI agents and camera-equipped glasses could limit adoption or invite additional scrutiny. Meta's New AI Agent Is an Instant Hit—and the Backlash Has Already Begun
• Negative Sentiment: Insider selling and valuation create caution. COO Javier Olivan and Chief Product Officer Christopher Cox sold shares under pre-arranged Rule 10b5-1 plans. Technical analysts also warn that the recent rally increases the risk of a short-term pullback, even as the longer-term trend remains bullish.

Insider Activity

In related news, insider Christopher Cox sold 40,000 shares of Meta Platforms stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the completion of the transaction, the insider owned 184,516 shares in the company, valued at $131,515,624.16. The trade was a 17.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 946 shares of the company's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $680.27, for a total value of $643,535.42. Following the completion of the transaction, the chief operating officer directly owned 9,770 shares of the company's stock, valued at $6,646,237.90. The trade was a 8.83% 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. Insiders have sold 123,333 shares of company stock worth $80,795,845 in the last ninety days. Company insiders own 13.53% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on META. Wolfe Research reissued an "outperform" rating and issued a $700.00 price objective on shares of Meta Platforms in a report on Thursday, July 30th. Barclays decreased their target price on Meta Platforms from $830.00 to $780.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Weiss Ratings downgraded shares of Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, June 26th. Evercore reissued an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 30th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $785.00 price objective (down from $800.00) on shares of Meta Platforms in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $796.95.

Meta Platforms Stock Performance

META opened at $744.10 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a fifty day moving average price of $610.79 and a 200 day moving average price of $611.16. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $763.90. The stock has a market cap of $1.90 trillion, a P/E ratio of 28.03, a P/E/G ratio of 1.28 and a beta of 1.25.

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

Meta Platforms Dividend Announcement

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

Meta Platforms Company Profile

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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