Faithward Advisors LLC Has $2.38 Million Position in Meta Platforms, Inc. $META

Key Points

• Faithward Advisors LLC boosted its Meta Platforms stake by 619.4% in the first quarter, ending with 4,151 shares valued at about $2.38 million.
• Meta continues to attract heavy institutional backing, with large holders such as Vanguard, State Street, and Geode also maintaining major positions; institutional investors own 79.91% of the company.
• Wall Street remains broadly positive on Meta, with a consensus rating of “Moderate Buy” and an average target price of $840.60, even as the stock has pulled back from its highs.

Faithward Advisors LLC raised its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 619.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,151 shares of the social networking company's stock after buying an additional 3,574 shares during the quarter. Faithward Advisors LLC's holdings in Meta Platforms were worth $2,375,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Meta Platforms by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after acquiring an additional 7,269,279 shares in the last quarter. Auto Owners Insurance Co raised its stake in Meta Platforms by 76,587.7% in the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after purchasing an additional 105,154,977 shares in the last quarter. State Street Corp raised its stake in Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company's stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Meta Platforms by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock worth $34,734,628,000 after purchasing an additional 878,396 shares in the last quarter. Finally, Capital World Investors grew its position in shares of Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock worth $26,112,735,000 after purchasing an additional 310,947 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on META. Susquehanna upgraded shares of Meta Platforms from a "positive" rating to a "positive" rating in a research report on Tuesday, June 2nd. Roth Mkm reissued a "buy" rating on shares of Meta Platforms in a research report on Thursday, April 30th. Benchmark started coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set a "buy" rating on the stock. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $810.00 price objective on shares of Meta Platforms in a report on Monday, June 1st. Finally, Bank of America cut their target price on Meta Platforms from $885.00 to $820.00 and set a "buy" rating for the company in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $840.60.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $550.25 on Friday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The stock has a market capitalization of $1.39 trillion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 0.96 and a beta of 1.23. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The company's 50 day simple moving average is $612.28 and its 200 day simple moving average is $630.76.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company's quarterly revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the company earned $6.43 earnings per share. As a group, research analysts predict that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business 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 dividend on an annualized basis and a yield of 0.4%. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Wedbush’s Dan Ives said Meta is being treated like a “bear market” stock despite its central role in the AI buildout, arguing the recent selloff is more about short-term impatience than a broken AI thesis.
• Positive Sentiment: Analyst commentary said Meta’s AI push is driving revenue growth, stronger ad engagement, and rising user activity, supporting the case for further upside.
• Positive Sentiment: Qualcomm’s new AI data-center push and partnerships with Meta and Microsoft reinforce Meta’s role in major AI infrastructure deals, which may support long-term growth expectations. Qualcomm stock jumps on AI data center push, Meta and Microsoft deals
• Positive Sentiment: One article framed Meta as one of the most attractive mega-cap tech names after the 2026 selloff, suggesting the stock could have meaningful recovery potential from current levels.
• Neutral Sentiment: Mark Zuckerberg is reportedly pushing Meta to explore working with prediction-market platforms Polymarket and Kalshi as part of an Arena app aimed at younger users, which could expand engagement but is still early-stage. Mark Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
• Neutral Sentiment: Consumer-sentiment commentary said Meta continues to keep users on its platforms longer, but investor sentiment remains weighed down by AI spending concerns. Ca$htag$: Is META Winning Over Consumers?
• Negative Sentiment: Meta is facing fresh legal and reputational pressure after Sarah Wynn-Williams accused the company of surveilling her to silence criticism, adding to headline risk around the stock.
• Negative Sentiment: Multiple reports continue to highlight investor concern that Meta’s aggressive AI infrastructure spending is compressing near-term cash flow, which has been a major factor behind the stock’s weakness.

Insiders Place Their Bets

In related news, COO Javier Olivan sold 140 shares of the firm's stock in a transaction on Monday, June 15th. The stock was sold at an average price of $600.00, for a total transaction of $84,000.00. Following the sale, the chief operating officer owned 12,846 shares of the company's stock, valued at $7,707,600. This trade represents a 1.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 2,079 shares of the business's stock in a transaction 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 sale, the insider owned 1,118 shares in the company, valued at $681,890.56. This represents a 65.03% 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. Over the last quarter, insiders have sold 39,013 shares of company stock valued at $24,115,999. 13.53% of the stock is currently owned by insiders.

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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