Clear Creek Financial Management LLC Buys 2,878 Shares of Meta Platforms, Inc. $META

Key Points

• Clear Creek Financial Management increased its Meta stake by 28.2%. The fund bought 2,878 additional shares, bringing its holdings to 13,069 shares valued at approximately $7.36 million.
• Institutional investors own 79.91% of Meta’s stock, while several major firms—including Vanguard, State Street and Geode Capital—also increased their positions.
• Analysts remain broadly bullish despite mixed earnings. Meta missed quarterly EPS estimates but exceeded revenue expectations, and the stock carries a “Moderate Buy” consensus rating with an average price target of $785.32; insiders have continued selling shares under pre-arranged trading plans.

Clear Creek Financial Management LLC raised its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 28.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,069 shares of the social networking company's stock after purchasing an additional 2,878 shares during the period. Clear Creek Financial Management LLC's holdings in Meta Platforms were worth $7,361,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after acquiring an additional 7,269,279 shares during the period. Auto Owners Insurance Co grew its position in shares of Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock valued at $69,502,379,000 after purchasing an additional 105,154,977 shares during the last quarter. State Street Corp increased its stake in shares of Meta Platforms by 5.1% in the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company's stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares during the period. Geode Capital Management LLC increased its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock worth $34,734,628,000 after purchasing an additional 878,396 shares during the period. Finally, Capital World Investors lifted its position in shares of Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock worth $26,112,735,000 after purchasing an additional 310,947 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the business's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer owned 828 shares of the company's stock, valued at $462,024. The trade was a 90.46% decrease in their position. The sale 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, COO Javier Olivan sold 3,348 shares of the 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 completion of the transaction, the chief operating officer owned 9,498 shares of the company's stock, valued at approximately $5,708,013.06. This represents a 26.06% 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. Over the last three months, insiders have sold 37,036 shares of company stock valued at $21,710,720. Company insiders own 13.53% of the company's stock.

Meta Platforms Stock Up 1.7%

META stock opened at $559.02 on Tuesday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The company has a market cap of $1.42 trillion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The business's 50-day simple moving average is $592.82 and its 200 day simple moving average is $613.84.

Meta Platforms (NASDAQ:META - Get Free Report) last posted 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 during the quarter, compared to analyst estimates of $60.22 billion. During the same period last year, the company earned $7.14 EPS. The company's revenue was up 28.0% on a year-over-year basis. On average, research analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given 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 dividend yield of 0.4%. Meta Platforms's payout ratio is currently 7.91%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. BNP Paribas Exane assumed coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set an "outperform" rating for the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Meta Platforms in a research report on Wednesday, July 8th. Royal Bank Of Canada reiterated an "outperform" rating and set a $810.00 price target on shares of Meta Platforms in a report on Monday, June 1st. Cantor Fitzgerald reduced their price objective on Meta Platforms from $770.00 to $680.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. Finally, Raymond James Financial raised their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a "strong-buy" rating in a research note on Tuesday, July 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $785.32.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Advertising growth supports the stock. Meta’s accelerating ad business is benefiting from AI-driven recommendation tools, high user engagement and greater advertiser adoption, helping the company maintain an advantage over Reddit and Snap. META Rides on Ad Growth: Can It Stay Ahead of RDDT and SNAP?
• Positive Sentiment: AI talent and investment strengthen Meta’s long-term narrative. Former OpenAI researcher Luke Metz has joined Meta’s Superintelligence Labs, reporting to Alexandr Wang. Mark Zuckerberg has also outlined an aggressive plan to build agentic AI, potentially broadening Meta’s growth beyond online advertising. Former OpenAI researcher Luke Metz joins Meta's Superintelligence Labs under Alexandr Wang Mark Zuckerberg Published a 6,500-Word AI Manifesto
• Positive Sentiment: Institutional buying and AI monetization potential add support. Reports of hedge-fund purchases during the second quarter and Meta’s ability to monetize AI usage through advertising are reinforcing the bullish long-term thesis. Two Legendary Investors Just Bought Meta Platforms Stock
• Neutral Sentiment: Sector rotation is also helping. Meta and Alphabet edged higher while Snap gained and Reddit declined, indicating selective buying among social-media stocks rather than a uniform sector move. Social Media Trade Splits
• Negative Sentiment: AI spending and governance risks remain overhangs. Meta’s unrestricted AI buildout requires significant investment, while reports that employee-monitoring apps shared worker data with Facebook could renew privacy and regulatory concerns. Bossware Data Shared with Facebook

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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