Meta Platforms, Inc. $META Shares Acquired by Belpointe Asset Management LLC

Belpointe Asset Management LLC grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 16.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,520 shares of the social networking company's stock after purchasing an additional 5,662 shares during the quarter. Meta Platforms accounts for 0.7% of Belpointe Asset Management LLC's investment portfolio, making the stock its 28th biggest position. Belpointe Asset Management LLC's holdings in Meta Platforms were worth $22,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in META. Ashton Thomas Securities LLC raised its stake in Meta Platforms by 17.4% during the first quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock worth $10,299,000 after acquiring an additional 2,670 shares during the period. Keybank National Association OH raised its stake in shares of 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 worth $88,319,000 after buying an additional 18,169 shares in the last quarter. WMS Group LLC acquired a new stake in Meta Platforms during the fourth quarter valued at approximately $876,000. Vanguard Group Inc. lifted its holdings in shares of Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. Finally, Czech National Bank lifted its position in shares of Meta Platforms by 4.9% in the 2nd quarter. Czech National Bank now owns 625,079 shares of the social networking company's stock valued at $352,101,000 after acquiring an additional 29,411 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Analysts see Meta’s AI investments improving ad targeting and engagement, potentially allowing the company to challenge Google for digital-advertising leadership. The strong advertising outlook is particularly important after Meta’s latest quarter delivered 28% year-over-year revenue growth to $60.8 billion. Meta versus Google advertising analysis
• Positive Sentiment: Several reports characterize META as undervalued, citing a forward P/E of roughly 16—well below its historical average—and arguing that legal clarity plus new AI products could support substantial upside. The settlement may remove a major overhang even though it carries a large financial charge. Meta valuation and AI upside analysis
• Positive Sentiment: Wedbush reaffirmed a Neutral rating but raised or maintained a $595 price target, implying modest upside from the referenced trading level. Separately, the planned IPO of Meta-backed Indian telecom operator Jio Platforms could improve the value and liquidity of an important investment. Meta market news Jio Platforms IPO approval
• Neutral Sentiment: Meta is switching internal communications from Google Chat to Slack because management considers Slack better suited to AI agents. The move highlights Meta’s push to integrate AI into operations but is not expected to materially change near-term financial results. Meta switches to Slack
• Neutral Sentiment: Meta-backed AI startup Manus said it has resumed independent operations after China blocked Meta’s proposed acquisition. This removes some uncertainty around the transaction but also means Meta will not immediately gain full ownership of the startup. Manus resumes independent operations
• Negative Sentiment: The approximately $17 billion–$18 billion settlement over alleged harm to children creates a substantial cash cost and requires stronger age verification, potentially increasing compliance expenses and reducing young-user engagement. Critics also question whether the agreement will resolve regulatory pressure. Meta child-safety settlement requirements
• Negative Sentiment: Reports that Meta spent heavily on AI infrastructure underscore depreciation and capital-expenditure risks: investors must determine whether the spending will generate enough incremental advertising and product revenue. Meta also removed dozens of India-based malware advertisements, highlighting continuing platform-safety and reputational risks. Big Tech AI spending risks Meta removes fraudulent India ads

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 1,258 shares of Meta Platforms stock in a transaction on Monday, August 10th. The stock was sold at an average price of $600.00, for a total transaction of $754,800.00. Following the completion of the sale, the chief operating officer directly owned 1,517 shares of the company's stock, valued at $910,200. The trade was a 45.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the sale, the chief financial officer owned 13,186 shares of the company's stock, valued at $7,260,343.46. This represents a 41.09% decrease in their position. 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 32,987 shares of company stock valued at $19,202,995 over the last 90 days. Company insiders own 13.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Bank of America cut their target price on shares of Meta Platforms from $835.00 to $810.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. DA Davidson cut their price objective on shares of Meta Platforms from $850.00 to $700.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Monness Crespi & Hardt cut their target price on Meta Platforms from $890.00 to $730.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $810.00 target price on shares of Meta Platforms in a research report on Monday, June 1st. Finally, Scotiabank reiterated a "sector perform" rating and set a $600.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and a consensus price target of $785.22.

Meta Platforms Trading Up 1.1%

META opened at $578.54 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1.47 trillion, a PE ratio of 21.79, a PEG ratio of 0.99 and a beta of 1.25. The firm has a 50-day moving average price of $592.78 and a two-hundred day moving average price of $609.82. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $790.80.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company posted $7.14 EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

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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