Meitav Investment House Ltd. Has $253.63 Million Stake in Meta Platforms, Inc. $META

Key Points

• Meitav Investment House increased its Meta Platforms stake by 53.3% in the first quarter, adding 154,194 shares to reach 443,682 shares worth about $253.6 million. Meta now represents roughly 2.8% of the fund’s portfolio and its 10th-largest position.
• Meta recently posted strong quarterly results, with EPS of $10.44 beating estimates and revenue of $56.31 billion topping expectations. Revenue rose 33.1% year over year, and analysts now expect full-year EPS of 29.46.
• Wall Street remains broadly positive on META, with an average rating of Moderate Buy and a consensus price target of $838.26. The company also paid its quarterly dividend of $0.525 per share, while insider sales and regulatory/AI spending concerns remain areas to watch.

Meitav Investment House Ltd. boosted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 53.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 443,682 shares of the social networking company's stock after buying an additional 154,194 shares during the quarter. Meta Platforms makes up about 2.8% of Meitav Investment House Ltd.'s portfolio, making the stock its 10th biggest position. Meitav Investment House Ltd.'s holdings in Meta Platforms were worth $253,628,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of META. RHL Group LLC acquired a new position in Meta Platforms during the fourth quarter worth $28,000. Strategic Wealth Advisors LLC acquired a new stake in Meta Platforms in the 4th quarter valued at $29,000. Niles Investment Management LLC acquired a new stake in Meta Platforms in the 4th quarter valued at $29,000. Bayban lifted its position in Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company's stock worth $40,000 after buying an additional 35 shares in the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in Meta Platforms during the 4th quarter worth about $42,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $669.21 on Monday. The business has a fifty day simple moving average of $598.11 and a two-hundred day simple moving average of $626.85. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 24.33, a P/E/G ratio of 1.18 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company's quarterly revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the company earned $6.43 earnings per share. Research analysts forecast that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid 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 0.3%. Meta Platforms's dividend payout ratio is 7.63%.

Wall Street Analyst Weigh In

META has been the subject of several analyst reports. Erste Group Bank upgraded Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Benchmark started coverage on Meta Platforms in a report on Tuesday, June 2nd. They set a "buy" rating on the stock. Stifel Nicolaus reduced their price target on Meta Platforms from $805.00 to $780.00 and set a "buy" rating for the company in a research report on Friday, May 1st. Roth Capital restated a "buy" rating on shares of Meta Platforms in a research note on Thursday, April 30th. Finally, Raymond James Financial raised Meta Platforms from an "underperform" rating to an "outperform" rating in a research report on Tuesday, June 2nd. Three analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $838.26.

More Meta Platforms News

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

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the company's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer owned 9,498 shares of the company's stock, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 9,195 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. This trade represents a 41.08% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 40,083 shares of company stock worth $24,628,719 in the last quarter. Corporate insiders own 13.53% of the company's stock.

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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