Delta Accumulation LLC Invests $1.49 Million in Meta Platforms, Inc. $META

Key Points

• Delta Accumulation LLC acquired 2,647 Meta Platforms shares valued at approximately $1.49 million, making META its 15th-largest position and 0.1% of its portfolio. Institutional investors collectively own 79.91% of the company.
• Meta insiders have sold 32,987 shares worth roughly $19.2 million over the past 90 days, including significant sales by CFO Susan Li and insider Curtis Mahoney under pre-arranged Rule 10b5-1 plans.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $785.22. Meta’s latest quarterly revenue rose 28% year over year to $60.8 billion, although earnings per share of $6.18 missed the $7.19 consensus estimate.

Delta Accumulation LLC acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,647 shares of the social networking company's stock, valued at approximately $1,491,000. Meta Platforms makes up 0.1% of Delta Accumulation LLC's investment portfolio, making the stock its 15th biggest position.

Several other institutional investors have also bought and sold shares of META. Ashton Thomas Securities LLC increased its position in Meta Platforms by 17.4% in the 1st quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock worth $10,299,000 after purchasing an additional 2,670 shares during the last quarter. Keybank National Association OH boosted its holdings in Meta Platforms by 15.7% in the fourth quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock worth $88,319,000 after purchasing an additional 18,169 shares in the last quarter. WMS Group LLC acquired a new position in Meta Platforms during the fourth quarter worth $876,000. Czech National Bank raised its holdings in Meta Platforms by 4.9% during the second quarter. Czech National Bank now owns 625,079 shares of the social networking company's stock valued at $352,101,000 after buying an additional 29,411 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its position in shares of Meta Platforms by 2.5% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 118,460 shares of the social networking company's stock worth $78,195,000 after buying an additional 2,871 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling at Meta Platforms

In other news, insider Curtis Mahoney sold 1,559 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $869,922.00. Following the completion of the transaction, the insider directly owned 1,957 shares of the company's stock, valued at approximately $1,092,006. This trade represents a 44.34% 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, CFO Susan Li sold 9,196 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was a 41.09% 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. In the last 90 days, insiders have sold 32,987 shares of company stock worth $19,202,995. Corporate insiders own 13.53% of the company's stock.

Analyst Upgrades and Downgrades

META has been the topic of a number of analyst reports. Wedbush reissued a "neutral" rating and set a $595.00 price objective on shares of Meta Platforms in a report on Tuesday, September 1st. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $800.00 target price on shares of Meta Platforms in a research report on Thursday, July 30th. Rosenblatt Securities boosted their price objective on shares of Meta Platforms from $883.00 to $886.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. Rothschild & Co Redburn upped their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. Finally, Arete Research set a $735.00 target price on shares of Meta Platforms and gave the company a "buy" rating in a research note on Tuesday, June 2nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $785.22.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $616.77 on Monday. 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 company has a market cap of $1.57 trillion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The firm has a fifty day moving average price of $596.16 and a two-hundred day moving average price of $609.05. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $790.80.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results 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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter in the previous year, the business posted $7.14 EPS. The firm's quarterly revenue was up 28.0% on a year-over-year basis. Analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current year.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta opened paid developer access to Muse Spark 1.3, with company executives and analysts claiming the model is approaching or matching offerings from Anthropic and OpenAI. Improved performance and token efficiency could support adoption in coding agents, model APIs, subscriptions and future generative-search advertising. Meta Platforms: Muse Spark 1.3 Was The Warning Shot
• Positive Sentiment: Recent coverage identifies Muse Spark 1.3 as a new catalyst that could improve confidence in Meta’s AI roadmap and help the company recover toward its prior highs, provided the technology translates into revenue and returns on investment. Meta Rises 4% as Muse Spark 1.3 Claims Parity with Anthropic and OpenAI
• Positive Sentiment: Some investment commentary views Meta as a major beneficiary of the ongoing AI infrastructure and computing cycle, alongside other hyperscalers, potentially creating a long-term growth opportunity. Hyperscalers Are the Backbone of AI

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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