Meta Platforms, Inc. $META Shares Acquired by Roffman Miller Associates Inc. PA

Key Points

• Roffman Miller Associates increased its Meta position by 13.8% in the second quarter, purchasing 1,022 additional shares for a total of 8,436 shares valued at approximately $4.75 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta’s latest quarter showed 28% year-over-year revenue growth to $60.8 billion, though earnings of $6.18 per share missed the $7.19 analyst consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $785.32.
• Meta’s substantial AI infrastructure spending is viewed as a potential long-term growth driver, but it is also pressuring profitability and cash flow. The company faces additional risks from youth-safety litigation, privacy complaints involving AI glasses and recent insider stock sales.

Roffman Miller Associates Inc. PA increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,436 shares of the social networking company's stock after purchasing an additional 1,022 shares during the period. Roffman Miller Associates Inc. PA's holdings in Meta Platforms were worth $4,752,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC grew its holdings in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd raised 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 acquiring an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Meta Platforms in the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at about $322,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms News Roundup

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

• Positive Sentiment: Investors are viewing Meta’s roughly $145 billion AI infrastructure commitment as a potentially valuable long-term investment. The company’s data-center buildout and open-weight AI models could strengthen advertising performance, user engagement and future products. Meta and Nvidia plant “very firm flag” in open-weight AI race
• Positive Sentiment: Meta’s rollout of a standalone Facebook Creator Studio app with AI-powered audience-growth and engagement tools may support creator activity and platform monetization. Facebook officially rolls out its standalone Creator Studio app with AI tools for creators
• Positive Sentiment: Analysts continue to see substantial upside in META, with consensus price targets well above recent trading levels. The bullish view is supported by strong revenue growth and expectations that AI investments will reinforce Meta’s core advertising business. Meta remains a deeply discounted giant
• Positive Sentiment: Meta’s partnership with the North America’s Building Trades Unions is intended to expand access to skilled workers for construction and maintenance of U.S. AI infrastructure, supporting execution of its ambitious capacity expansion. Meta taps skilled trades workers to power America’s AI infrastructure boom
• Neutral Sentiment: Meta removed approximately 756,000 suspected under-16 accounts in Australia—462,000 Instagram accounts and 294,000 Facebook accounts—as it responds to the country’s youth-social-media restrictions. The move demonstrates compliance but may increase moderation and enforcement costs. Meta says it has taken down 756,000 Australian teen accounts
• Negative Sentiment: Meta is defending itself in a major trial brought by 29 U.S. states alleging that Facebook and Instagram were designed to addict children. An adverse outcome could bring significant damages and require costly platform changes. Meta, 29 states head to court over youth social media litigation
• Negative Sentiment: AI spending is pressuring profitability and cash flow, while a German privacy complaint over Meta’s AI glasses adds regulatory risk to its wearable-AI strategy. German advocacy group lodges criminal complaint over Meta AI glasses
• Negative Sentiment: COO Javier Olivan’s recent sales under a pre-arranged Rule 10b5-1 plan, along with some institutional stake reductions, may weigh on sentiment, although the transactions do not necessarily indicate weaker fundamentals.

Meta Platforms Stock Performance

Shares of META opened at $594.97 on Friday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a 50-day moving average of $596.01 and a two-hundred day moving average of $620.62. The stock has a market cap of $1.52 trillion, a price-to-earnings ratio of 22.41, a PEG ratio of 0.99 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 released its quarterly earnings results 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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. During the same quarter in the prior year, the firm earned $7.14 EPS. The firm's revenue was up 28.0% compared to the same quarter last year. On average, equities research analysts expect that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on META shares. Evercore restated an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 30th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Benchmark began coverage on shares of Meta Platforms in a report on Tuesday, June 2nd. They set a "buy" rating for the company. Truist Financial decreased their price target on shares of Meta Platforms from $840.00 to $770.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, Phillip Securities raised Meta Platforms to a "strong-buy" rating in a report on Monday, August 3rd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $785.32.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 1,258 shares of the company's 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 transaction, the chief operating officer directly owned 1,517 shares of the company's stock, valued at approximately $910,200. The trade was a 45.33% decrease in their ownership of the stock. The transaction was disclosed in a filing 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. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $561.56, for a total value of $280,780.00. Following the completion of the sale, the director directly owned 2,943 shares of the company's stock, valued at approximately $1,652,671.08. This represents a 14.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 36,280 shares of company stock worth $22,075,696. Company insiders own 13.53% of the company's stock.

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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