Integrated Advisors Network LLC Trims Position in Meta Platforms, Inc. $META

Key Points

• Integrated Advisors Network LLC cut its Meta Platforms stake by 39.4% in the first quarter, selling 8,480 shares and leaving it with 13,038 shares valued at about $7.46 million.
• Meta’s latest earnings beat expectations, reporting $10.44 EPS versus the $6.67 consensus and $56.31 billion in revenue, up 33.1% from a year earlier.
• Analyst sentiment remains broadly positive despite some caution, with a consensus “Moderate Buy” rating and an average price target of $838.26, while insiders also recently sold shares under pre-arranged trading plans.

Integrated Advisors Network LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 39.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,038 shares of the social networking company's stock after selling 8,480 shares during the period. Integrated Advisors Network LLC's holdings in Meta Platforms were worth $7,460,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Keybank National Association OH lifted its stake in Meta Platforms by 15.7% in the 4th quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock valued at $88,319,000 after buying an additional 18,169 shares in the last quarter. WMS Group LLC acquired a new stake in shares of Meta Platforms in the fourth quarter worth approximately $876,000. Diversified Trust Co. increased its holdings in shares of Meta Platforms by 4.1% during the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock worth $55,487,000 after buying an additional 3,336 shares during the last quarter. Consolidated Investment Group LLC lifted its stake in shares of Meta Platforms by 61.2% in the 4th quarter. Consolidated Investment Group LLC now owns 7,900 shares of the social networking company's stock valued at $5,215,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Vanguard Group Inc. increased its position 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 worth $132,015,115,000 after acquiring an additional 7,269,279 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. UBS Group cut shares of Meta Platforms from a "buy" rating to a "neutral" rating in a research note on Tuesday, June 2nd. Susquehanna raised shares of Meta Platforms from a "positive" rating to a "positive" rating in a research report on Tuesday, June 2nd. Roth Capital reaffirmed a "buy" rating on shares of Meta Platforms in a research report on Thursday, April 30th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $810.00 price objective on shares of Meta Platforms in a research note on Monday, June 1st. Finally, Benchmark started coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They set a "buy" rating for the company. Three 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 issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $838.26.

Insider Activity

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the company's stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the transaction, the director owned 3,443 shares of the company's stock, valued at $2,092,483.25. This represents a 12.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction on Monday, July 6th. The stock was sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the sale, the chief operating officer owned 9,498 shares in the company, valued at $5,708,013.06. This represents a 26.06% 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 three months, insiders sold 44,748 shares of company stock valued at $27,565,292. 13.53% of the stock is owned by company insiders.

Meta Platforms Stock Performance

META traded up $37.73 during trading on Friday, hitting $669.21. The stock had a trading volume of 40,552,700 shares, compared to its average volume of 17,389,378. The firm has a market cap of $1.69 trillion, a PE ratio of 24.33, a P/E/G ratio of 1.18 and a beta of 1.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a 50 day simple moving average of $598.11 and a 200-day simple moving average of $627.10.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data 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. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. During the same quarter in the previous year, the firm earned $6.43 EPS. The firm's revenue was up 33.1% compared to the same quarter last year. Analysts expect that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.525 per share. 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 7.63%.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta’s latest AI push is drawing bullish attention, including the launch of Muse Spark 1.1, expanded developer access through its Model API, and reports that the company plans to start producing an in-house AI chip in September. Investors are betting these moves could lower compute costs, reduce reliance on Nvidia and AMD, and open new revenue streams beyond advertising. Article Title
• Positive Sentiment: Meta is also benefiting from optimism around its cloud and AI infrastructure ambitions, including a new C$13 billion data center in Alberta and commentary that the company may be building a stronger long-term “AI revenue stack” than the market currently prices in. Article Title
• Positive Sentiment: Several analysts and commentators are still constructive on META, with bullish notes saying the stock looks attractively valued relative to its AI growth potential and that recent weakness created an opportunity for long-term investors. Article Title
• Neutral Sentiment: Citizens JMP trimmed its price target to $800 from $825 while maintaining an outperform rating, suggesting continued upside but a slightly more cautious near-term view on valuation and spending. Article Title
• Negative Sentiment: Meta faces renewed regulatory risk after the European Union said Facebook and Instagram may violate the Digital Services Act with “addictive” design features such as infinite scroll, autoplay, and push notifications, potentially exposing the company to fines and product changes. Article Title
• Negative Sentiment: Separate reporting also highlighted investor concern that Meta’s aggressive AI capex could pressure margins if monetization takes longer than expected, even though the market is currently rewarding the strategy. Article Title

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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