Collaborative Wealth Managment Inc. Sells 983 Shares of Meta Platforms, Inc. $META

Key Points

• Collaborative Wealth Managment Inc. cut its Meta Platforms stake by 72.7% in the first quarter, selling 983 shares and leaving it with 370 shares worth about $212,000.
• Meta continues to draw attention for its AI and infrastructure expansion, with reports pointing to possible monetization of its compute buildout and BlackRock helping finance $12 billion in new Texas data centers.
• Analysts remain generally upbeat, with Meta’s latest earnings beating estimates and Wall Street maintaining a Moderate Buy consensus, though some price targets have been trimmed recently.

Collaborative Wealth Managment Inc. lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 72.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 370 shares of the social networking company's stock after selling 983 shares during the quarter. Collaborative Wealth Managment Inc.'s holdings in Meta Platforms were worth $212,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its position in Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after purchasing an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Meta Platforms during the second quarter worth $213,000. Finally, Capital & Planning LLC acquired a new position in shares of Meta Platforms in the second quarter valued at $322,000. Institutional investors own 79.91% of the company's stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Bank of America expects Meta to beat second-quarter estimates, citing healthy ad demand and AI-related improvements, with Q2 revenue now seen at $60.6 billion and EPS at $7.50 versus consensus of $60.2 billion and $7.18. Meta Platforms expected to top earnings estimates as ad growth remains healthy, says BofA
• Positive Sentiment: Investors are also encouraged by reports that Meta could monetize its AI buildout more directly, including a potential large-scale computing deal with Anthropic, which could help justify its heavy capex and reduce valuation pressure. Zuckerberg Is Quietly Turning Meta Into A Compute Provider Ahead Of Q2 Earnings
• Positive Sentiment: BlackRock’s $12 billion financing for new Meta data centers in Texas underscores strong outside confidence in Meta’s AI infrastructure strategy and signals continued investment in future capacity. BlackRock Leads $12 Billion Financing for New Meta Data Centers in Texas
• Neutral Sentiment: Commentary around Meta’s expanding AI ambitions and “compute provider” strategy reinforces the bullish AI narrative, but the market is still waiting for proof that the spending will translate into durable returns. Meta's AI Ambitions Keep Expanding. Is META Stock Keeping Up?
• Neutral Sentiment: Meta faces a Tennessee trial over claims Instagram was designed to be addictive, adding headline risk and potential legal overhang for the stock. Meta faces Tennessee trial over allegations Instagram was designed to be addictive
• Negative Sentiment: Reports of temporary Facebook and Instagram outages may add near-term frustration for users and advertisers, though the impact appears more operational than fundamental. Users of Meta's Facebook, Instagram report suffering some outages

Analyst Ratings Changes

Several equities analysts have recently weighed in on META shares. Needham & Company LLC reissued a "hold" rating on shares of Meta Platforms in a research report on Wednesday, July 8th. Wolfe Research reduced their target price on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a report on Friday, April 10th. UBS Group decreased their price target on shares of Meta Platforms from $865.00 to $766.00 and set a "buy" rating on the stock in a research note on Monday, July 13th. Stifel Nicolaus lowered their price target on shares of Meta Platforms from $805.00 to $780.00 and set a "buy" rating on the stock in a report on Friday, May 1st. Finally, Sanford C. Bernstein cut their price objective on shares of Meta Platforms from $900.00 to $850.00 and set an "outperform" rating for the company in a research report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $830.45.

Meta Platforms Stock Down 0.0%

META opened at $645.85 on Tuesday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market capitalization of $1.63 trillion, a P/E ratio of 23.48, a P/E/G ratio of 1.14 and a beta of 1.25. The stock has a fifty day moving average of $604.11 and a 200-day moving average of $626.63.

Meta Platforms (NASDAQ:META - Get Free Report) last announced 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. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. During the same quarter in the previous year, the business posted $6.43 earnings per share. Meta Platforms's quarterly revenue was up 33.1% on a year-over-year basis. On average, equities analysts expect that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders 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 yield of 0.3%. Meta Platforms's payout ratio is currently 7.63%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the transaction, the director owned 3,443 shares in the company, valued at $2,092,483.25. This represents a 12.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the firm'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 transaction of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,948 shares of company stock valued at $23,184,319 in the last quarter. Company insiders own 13.53% of the company's stock.

About Meta Platforms

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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