Keebeck Wealth Management Boosts Stock Position in Meta Platforms, Inc. $META

Keebeck Wealth Management raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 24.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,735 shares of the social networking company's stock after purchasing an additional 1,715 shares during the quarter. Keebeck Wealth Management's holdings in Meta Platforms were worth $4,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in META. Brighton Jones LLC raised its holdings in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC increased its position in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd increased its position in Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after buying an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in Meta Platforms in the second quarter worth $213,000. Finally, Capital & Planning LLC bought a new stake in shares of Meta Platforms in the second quarter valued at $322,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 9,195 shares of the company's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Andrew Bosworth sold 7,847 shares of the firm's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. This represents a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 37,859 shares of company stock worth $23,087,979 over the last three months. Company insiders own 13.53% of the company's stock.

Meta Platforms Price Performance

NASDAQ:META opened at $593.41 on Wednesday. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The stock has a fifty day moving average of $603.98 and a 200 day moving average of $624.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 21.57, a P/E/G ratio of 1.00 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 earnings per share for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the prior year, the company earned $6.43 EPS. The company's quarterly revenue was up 33.1% compared to the same quarter last year. On average, research analysts expect that Meta Platforms, Inc. will post 29.51 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders 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 dividend yield of 0.4%. The ex-dividend date was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is 7.63%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on META shares. Mizuho dropped their price target on Meta Platforms from $850.00 to $835.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 5th. Truist Financial decreased their price objective on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a report on Thursday, April 30th. KeyCorp reaffirmed an "overweight" rating and set a $760.00 price objective on shares of Meta Platforms in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, June 26th. Finally, Wall Street Zen cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Five research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $835.64.

Meta Platforms News Roundup

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

• Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
• Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
• Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
• Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
• Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

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.

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