Left Brain Wealth Management LLC Has $10.07 Million Stock Position in Meta Platforms, Inc. $META

Left Brain Wealth Management LLC trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,870 shares of the social networking company's stock after selling 2,208 shares during the quarter. Meta Platforms accounts for 3.0% of Left Brain Wealth Management LLC's investment portfolio, making the stock its 10th largest holding. Left Brain Wealth Management LLC's holdings in Meta Platforms were worth $10,066,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of META. RHL Group LLC acquired a new position in Meta Platforms during the fourth quarter worth $28,000. Advantage Trust Co acquired a new position in shares of Meta Platforms during the second quarter valued at about $28,000. Strategic Wealth Advisors LLC acquired a new position in shares of Meta Platforms during the fourth quarter valued at about $29,000. Niles Investment Management LLC bought a new stake in shares of Meta Platforms during the fourth quarter worth about $29,000. Finally, Axiom Investment Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth about $36,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms News Roundup

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

• Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta's social media settlement leaves its money machine unscathed
• Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta's AI Bet Not Showing Returns, Yet
• Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
• Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
• Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta's child-safety deal and age verification
• Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI

Meta Platforms Stock Up 1.2%

Meta Platforms stock opened at $578.02 on Friday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $790.80. The stock has a market cap of $1.47 trillion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 0.98 and a beta of 1.25. The firm's 50-day simple moving average is $592.28 and its 200 day simple moving average is $611.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the company posted $7.14 earnings per share. Research analysts predict that Meta Platforms, Inc. will post 28.5 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on META. Scotiabank reaffirmed a "sector perform" rating and issued a $600.00 price target on shares of Meta Platforms in a research report on Thursday, July 30th. Erste Group Bank raised Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Citizens Jmp lowered their price objective on Meta Platforms from $800.00 to $770.00 and set a "market outperform" rating for the company in a research note on Thursday, July 30th. Mizuho set a $750.00 target price on Meta Platforms in a report on Thursday, July 30th. Finally, Wells Fargo & Company dropped their target price on Meta Platforms from $835.00 to $640.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $785.22.

Insiders Place Their Bets

In related news, 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 directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. This trade represents a 26.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 34,957 shares of company stock worth $20,442,696 over the last 90 days. 13.53% of the stock is currently owned by corporate insiders.

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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