Cvfg LLC Buys 3,440 Shares of Meta Platforms, Inc. $META

Key Points

• Cvfg LLC increased its Meta Platforms stake by 221.2% in the first quarter, buying 3,440 additional shares and lifting its holdings to 4,995 shares worth about $2.86 million.
• Meta continues to attract strong institutional interest, with 79.91% of shares held by institutions and hedge funds, even as some analysts have trimmed price targets while keeping generally bullish ratings.
• The company’s latest earnings were strong, with EPS of $10.44 versus $6.67 expected and revenue up 33.1% year over year, though investors are also weighing rising AI spending, regulatory issues, and recent insider stock sales.

Cvfg LLC raised its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 221.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,995 shares of the social networking company's stock after acquiring an additional 3,440 shares during the quarter. Cvfg LLC's holdings in Meta Platforms were worth $2,858,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several analysts have recently issued reports on META shares. BNP Paribas Exane assumed coverage on Meta Platforms in a report on Tuesday, June 2nd. They set an "outperform" rating on the stock. Mizuho dropped their price target on Meta Platforms from $850.00 to $835.00 and set an "outperform" rating for the company in a research note on Tuesday, May 5th. Cantor Fitzgerald cut their price objective on shares of Meta Platforms from $850.00 to $750.00 and set an "overweight" rating for the company in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. Finally, Weiss Ratings cut shares of Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, June 26th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $835.90.

Meta Platforms News Summary

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

• Positive Sentiment: UBS kept a buy rating on Meta while lowering its price target to $766 from $865, implying meaningful upside from current levels and signaling analysts still see room for gains despite recent volatility.
• Positive Sentiment: Multiple articles highlighted Meta’s expanded AI ambitions, including a major scale-up of its Louisiana Hyperion data center to 5 gigawatts and more than $50 billion in projected cost, reinforcing the company’s commitment to AI infrastructure and long-term growth.
• Positive Sentiment: Some market commentary framed Meta as one of the strongest mega-cap AI stories, citing its ability to fund AI investment with a profitable ad business and noting that its new AI model is priced well below rivals, which could help adoption.
• Neutral Sentiment: Several reports focused on technical factors, saying META looked overbought and near resistance, which may be contributing to short-term weakness rather than reflecting a change in fundamentals.
• Negative Sentiment: Investors are also weighing concerns that Meta’s AI spending is rising fast, with 2026 capex now expected at $125 billion to $145 billion, raising questions about near-term returns on investment and pressuring sentiment.
• Negative Sentiment: Meta pulled down an AI image tool after privacy backlash, and the company is facing criticism over AI advertising tools that allegedly create poor results for brands, adding reputational and regulatory noise.
• Negative Sentiment: Additional headlines noted a Chinese regulatory setback on a planned AI acquisition and an EU probe into Facebook and Instagram design features, which could increase legal and compliance uncertainty.

Meta Platforms Stock Performance

NASDAQ META opened at $656.73 on Tuesday. The firm's fifty day moving average price is $599.00 and its two-hundred day moving average price is $626.80. The stock has a market cap of $1.66 trillion, a PE ratio of 23.87, a PEG ratio of 1.18 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. During the same period in the prior year, the company earned $6.43 EPS. Meta Platforms's revenue was up 33.1% compared to the same quarter last year. On average, equities analysts expect that Meta Platforms, Inc. will post 29.46 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.

Insider Activity

In other news, insider Curtis J. Mahoney sold 2,079 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the transaction, the insider owned 1,118 shares of the company's stock, valued at $681,890.56. This represents a 65.03% 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, COO Javier Olivan sold 3,348 shares of the firm's stock in a transaction that occurred 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 trade 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 40,083 shares of company stock valued at $24,628,719. 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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