Meta Platforms, Inc. $META Shares Bought by Fishman Jay A Ltd. MI

Key Points

• Fishman Jay A Ltd. MI increased its Meta stake by 1.6% in the first quarter, buying 1,408 more shares and bringing its total holdings to 88,960 shares valued at about $50.9 million. Meta now makes up 4.5% of the fund’s portfolio.
• Meta reported strong quarterly results, posting EPS of $10.44 versus the $6.67 estimate and revenue of $56.31 billion, topping expectations as revenue rose 33.1% year over year. The company also declared a quarterly dividend of $0.525 per share.
• Investor sentiment remains mixed but generally positive: analysts still hold a “Moderate Buy” consensus with an average price target of $838.26, while news flow highlights bullish AI and cloud initiatives alongside regulatory risks in Europe and concerns about AI-related spending.

Fishman Jay A Ltd. MI grew its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,960 shares of the social networking company's stock after buying an additional 1,408 shares during the period. Meta Platforms comprises 4.5% of Fishman Jay A Ltd. MI's portfolio, making the stock its 7th largest position. Fishman Jay A Ltd. MI's holdings in Meta Platforms were worth $50,897,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. RHL Group LLC acquired a new stake in Meta Platforms in the fourth quarter worth $28,000. Strategic Wealth Advisors LLC acquired a new stake in Meta Platforms in the fourth quarter worth about $29,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth approximately $42,000. Bayban raised its stake in shares of Meta Platforms by 100.0% in 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, Key Capital Management INC bought a new stake in Meta Platforms in the fourth quarter worth about $48,000. Institutional investors own 79.91% of the company's stock.

Meta Platforms Price Performance

Shares of META opened at $669.21 on Monday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The business's 50 day simple moving average is $598.11 and its 200-day simple moving average is $626.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The company has a market capitalization of $1.69 trillion, a P/E ratio of 24.33, a PEG ratio of 1.18 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business's quarterly revenue was up 33.1% compared to the same quarter last year. During the same period last year, the company earned $6.43 EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 29.46 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company 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 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.

Meta Platforms News Summary

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

Analysts Set New Price Targets

A number of brokerages have recently commented on META. Guggenheim cut their price objective on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Erste Group Bank raised shares of Meta Platforms from a "hold" rating to a "buy" rating in a research report on Tuesday, July 7th. TD Cowen lowered their target price on Meta Platforms from $820.00 to $800.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Cantor Fitzgerald dropped their price target on shares of Meta Platforms from $850.00 to $750.00 and set an "overweight" rating on the stock in a research note on Thursday, April 30th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $1,015.00 price target on shares of Meta Platforms in a research report on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $838.26.

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at $8,014,978.24. The trade was a 41.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 Meta Platforms 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 transaction, the chief technology officer directly owned 414 shares in the company, valued at approximately $251,641.62. The trade was a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 40,083 shares of company stock valued at $24,628,719 in the last three months. Insiders own 13.53% of the company's stock.

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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