Invictus Private Wealth LLC Buys 4,875 Shares of Meta Platforms, Inc. $META

Key Points

• Invictus Private Wealth increased its Meta position by 210.9% in the second quarter, purchasing 4,875 shares and ending with 7,187 shares valued at approximately $4.05 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $785.32, although individual ratings and targets have varied significantly.
• Meta’s latest quarter showed strong revenue growth of 28% to $60.8 billion, but EPS missed expectations; investors also face concerns over rising AI spending, regulatory litigation and insider share sales.

Invictus Private Wealth LLC raised its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 210.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,187 shares of the social networking company's stock after acquiring an additional 4,875 shares during the quarter. Meta Platforms makes up approximately 0.2% of Invictus Private Wealth LLC's holdings, making the stock its 23rd largest position. Invictus Private Wealth LLC's holdings in Meta Platforms were worth $4,048,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First National Bank Sioux Falls boosted its position in shares of Meta Platforms by 0.7% during 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 in the last quarter. Levin Capital Strategies L.P. lifted its position in Meta Platforms by 1.4% during the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company's stock valued at $649,000 after buying an additional 14 shares during the period. Vista Capital Partners Inc. boosted its holdings 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 valued at $794,000 after buying an additional 14 shares in the last quarter. Arcataur Capital Management LLC boosted its holdings 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 valued at $1,146,000 after buying an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC grew its position in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company's stock worth $1,398,000 after buying an additional 15 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Phillip Securities upgraded Meta Platforms to a "strong-buy" rating in a research note on Monday, August 3rd. Mizuho set a $750.00 price target on Meta Platforms in a research note on Thursday, July 30th. Susquehanna lowered their price objective on Meta Platforms from $900.00 to $650.00 and set a "positive" rating for the company in a research note on Thursday, July 30th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Meta Platforms in a research note on Wednesday, July 8th. Four investment 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. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price of $785.32.

Insider Transactions at Meta Platforms

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the business's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the business's stock in a transaction that occurred on 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 sale, the chief financial officer owned 13,186 shares of the company's stock, valued at $7,260,343.46. This trade represents a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 38,502 shares of company stock worth $22,603,485 in the last ninety days. Insiders own 13.53% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Pocket in the U.S., an AI-powered app that lets users create and share interactive games through text prompts. The product could increase engagement and expand Meta’s consumer AI ecosystem. Meta brings Pocket to U.S. users
• Positive Sentiment: Meta introduced a Mac app for Meta AI with system-wide dictation and screen-aware assistance. The company is also pricing its new Muse Code coding agent below Anthropic and OpenAI offerings, potentially helping it attract developers and build AI adoption. Meta AI launches Mac app
• Positive Sentiment: Meta’s core advertising business remains strong, with quarterly revenue rising 28% year over year to $60.8 billion. AI-related improvements to recommendations and ad delivery are supporting engagement, clicks and conversion efficiency. Meta drawdown analysis
• Neutral Sentiment: Meta is contesting the Federal Trade Commission’s effort to revive monopoly charges. The company argues that Facebook and Instagram users increasingly see recommended content rather than posts from friends, a defense that could influence the case’s regulatory implications. Meta fights FTC monopoly charges
• Neutral Sentiment: Meta’s CTO Andrew Bosworth, CFO Susan Li and insider Curtis Mahoney sold shares worth roughly $10.3 million in aggregate under pre-arranged Rule 10b5-1 plans. The transactions are limited as discretionary signals but may still affect investor sentiment. Meta insider transaction filing
• Negative Sentiment: Child-safety and social-media addiction litigation is intensifying. Testimony alleging that some safety tools were “designed to fail” raises the possibility of major damages, mandated product changes, restrictions on engagement features and pressure on advertising monetization. Meta social media lawsuit trial
• Negative Sentiment: Investors remain concerned that heavier AI capital spending will depress second-half free cash flow and increase financial pressure. Those concerns follow Meta’s quarterly EPS miss, despite its revenue beat, and have contributed to the stock’s year-to-date weakness. Meta stock investment analysis

Meta Platforms Stock Performance

Meta Platforms stock opened at $549.90 on Monday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $790.80. The business's fifty day moving average is $593.51 and its 200 day moving average is $614.77. The stock has a market capitalization of $1.40 trillion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $7.14 EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 28.5 EPS for the current year.

Meta Platforms Announces Dividend

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

Meta Platforms Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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