Duncker Streett & Co. Inc. Has $1.51 Million Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Duncker Streett & Co. Inc. cut its Meta Platforms stake by 54.4% in the first quarter, leaving it with 2,647 shares valued at about $1.51 million.
• Meta reported strong first-quarter results, posting $10.44 EPS versus the $6.67 estimate and $56.31 billion in revenue, with sales up 33.1% year over year.
• Analysts remain broadly positive on META, with an average rating of “Moderate Buy” and an average price target of $835.90, even as some recent reports highlight concerns about rising AI spending and regulatory issues.

Duncker Streett & Co. Inc. trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 54.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,647 shares of the social networking company's stock after selling 3,162 shares during the period. Duncker Streett & Co. Inc.'s holdings in Meta Platforms were worth $1,514,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. RHL Group LLC purchased a new stake in shares of Meta Platforms in the fourth quarter worth approximately $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms during the fourth quarter valued at approximately $29,000. Niles Investment Management LLC purchased a new position in Meta Platforms during the fourth quarter valued at approximately $29,000. Bayban increased its stake in Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company's stock valued at $40,000 after buying an additional 35 shares during the period. Finally, Safe Harbor Fiduciary LLC acquired a new position in Meta Platforms in the 4th quarter valued at approximately $42,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 7,847 shares of the company's stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. The trade was a 94.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Susan J. Li sold 9,195 shares of the firm's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the completion of the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. The trade was a 41.08% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 40,083 shares of company stock worth $24,628,719 over the last quarter. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Price Performance

NASDAQ META opened at $656.73 on Tuesday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a fifty day simple moving average of $599.00 and a 200 day simple moving average of $626.80. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.66 trillion, a P/E ratio of 23.87, a P/E/G ratio of 1.18 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business's quarterly revenue was up 33.1% on a year-over-year basis. During the same quarter last year, the firm posted $6.43 EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's payout ratio is presently 7.63%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on META shares. Piper Sandler initiated coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They set an "overweight" rating for the company. Barclays increased their price objective on Meta Platforms from $800.00 to $830.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Mizuho reduced their price objective on Meta Platforms from $850.00 to $835.00 and set an "outperform" rating for the company in a research report on Tuesday, May 5th. UBS Group lowered their target price on Meta Platforms from $865.00 to $766.00 and set a "buy" rating on the stock in a research note on Monday. Finally, Erste Group Bank raised Meta Platforms from a "hold" rating to a "buy" rating in a research report on Tuesday, July 7th. Three analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $835.90.

More Meta Platforms News

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 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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