CX Institutional Purchases 4,197 Shares of Meta Platforms, Inc. $META

Key Points

• CX Institutional increased its Meta Platforms position by 9.1% in the second quarter, purchasing 4,197 shares and bringing its holdings to 50,292 shares valued at approximately $28.3 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year and above expectations, but earnings per share of $6.18 fell short of the $7.19 consensus estimate. The company also maintains a quarterly dividend of $0.525 per share.
• Insiders sold 37,770 shares worth about $23.0 million during the last quarter, while analysts maintained a generally positive outlook with a consensus “Moderate Buy” rating and an average price target of $785.32.

CX Institutional boosted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,292 shares of the social networking company's stock after buying an additional 4,197 shares during the quarter. Meta Platforms makes up about 0.8% of CX Institutional's holdings, making the stock its 29th biggest position. CX Institutional's holdings in Meta Platforms were worth $28,329,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of META. First National Bank Sioux Falls grew its position in shares of Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company's stock valued at $1,321,000 after purchasing an additional 14 shares during the last quarter. Levin Capital Strategies L.P. increased its stake in shares of Meta Platforms by 1.4% in the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company's stock worth $649,000 after purchasing an additional 14 shares during the period. Vista Capital Partners Inc. lifted its position in shares of Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after purchasing an additional 14 shares during the last quarter. Arcataur Capital Management LLC lifted its position in shares of Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company's stock worth $1,146,000 after purchasing an additional 15 shares during the last quarter. Finally, Acorn Creek Capital LLC boosted its stake in Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company's stock valued at $1,398,000 after purchasing an additional 15 shares during the period. Institutional investors own 79.91% of the company's stock.

Insiders Place Their Bets

In other news, Director Robert M. Kimmitt sold 500 shares of the firm's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the completion of the transaction, the director directly owned 3,443 shares of the company's stock, valued at approximately $2,092,483.25. This trade represents a 12.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the firm's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $607.85, for a total transaction of $508,770.45. Following the transaction, the chief operating officer directly owned 6,290 shares of the company's stock, valued at $3,823,376.50. The trade was a 11.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 37,770 shares of company stock worth $23,034,051 in the last quarter. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Trading Down 0.4%

Meta Platforms stock opened at $587.94 on Wednesday. The business has a 50 day moving average price of $600.27 and a two-hundred day moving average price of $622.36. 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 stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 1.00 and a beta of 1.25. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.Meta Platforms's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business posted $7.14 EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 28.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is 7.91%.

Wall Street Analysts Forecast Growth

META has been the topic of a number of research analyst reports. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $800.00 target price on shares of Meta Platforms in a report on Thursday, July 30th. 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. Citigroup lowered their price objective on shares of Meta Platforms from $850.00 to $800.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Citizens Jmp dropped their target price on shares of Meta Platforms from $800.00 to $770.00 and set a "market outperform" rating on the stock in a research report on Thursday, July 30th. Finally, TD Cowen dropped their target price on shares of Meta Platforms from $800.00 to $750.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Meta Platforms 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: Meta’s second-quarter revenue rose 28% year over year to $60.8 billion, exceeding expectations, while AI-powered recommendations and ad tools are improving user engagement and monetization. Some analysts and investors view the post-earnings selloff as an attractive entry point because the core advertising business remains strong. META Q2 Deep Dive: AI Investment Drives Engagement as Margins Face Pressure
• Positive Sentiment: Several commentaries argue that Meta’s large AI investment could support longer-term growth rather than represent wasteful spending. Optimistic analysts point to the company’s scale, advertising cash flow and potential for AI to strengthen recommendations, ad targeting and new products. 28% Revenue Growth Ignored: Why Panic-Selling Meta Stock Over Infrastructure Spend Is a Mistake
• Neutral Sentiment: Meta is scheduled to participate in White House discussions with other leading AI companies about voluntary safety testing for advanced models following concerns about rogue AI agents. The meeting could improve regulatory relations, although it also highlights growing oversight risks for Meta’s AI initiatives. Meta, Anthropic, Google, OpenAI to Meet With Trump White House
• Negative Sentiment: Investors remain concerned about the scale and duration of Meta’s AI infrastructure commitments. Meta and other Big Tech companies have roughly $1.09 trillion in future payments under data-center leases, increasing fixed obligations before the spending generates returns. Meta also missed quarterly EPS expectations and issued revenue guidance below consensus, raising concerns about margin pressure and execution. AI Data-Centre Race Builds $1 Trillion Lease Burden for Big Tech

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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