Meta Platforms, Inc. $META Shares Purchased by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors increased its Meta position by 6.8% in the second quarter, adding 8,707 shares to hold 136,631 shares valued at approximately $77 million. Institutional investors and hedge funds collectively own 79.91% of Meta’s stock.
• Meta reported 28% year-over-year quarterly revenue growth to $60.8 billion, though earnings per share of $6.18 fell short of analysts’ $7.19 estimate. The company also announced a quarterly dividend of $0.525 per share, representing a 0.3% yield.
• Meta shares opened at $777.59, near their 52-week high, while analysts maintain a “Moderate Buy” consensus and a $780.12 target. Insiders sold 123,333 shares worth about $80.8 million over the past three months under pre-arranged trading plans.

Concurrent Investment Advisors LLC grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,631 shares of the social networking company's stock after acquiring an additional 8,707 shares during the period. Meta Platforms comprises about 0.7% of Concurrent Investment Advisors LLC's portfolio, making the stock its 21st largest holding. Concurrent Investment Advisors LLC's holdings in Meta Platforms were worth $76,963,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of META. Watchman Group Inc. grew its holdings in Meta Platforms by 0.3% during the first quarter. Watchman Group Inc. now owns 5,091 shares of the social networking company's stock worth $2,913,000 after purchasing an additional 15 shares during the period. Penney Financial LLC raised its stake in Meta Platforms by 3.9% in the first quarter. Penney Financial LLC now owns 399 shares of the social networking company's stock valued at $228,000 after buying an additional 15 shares during the period. Barnes Pettey Financial Advisors LLC raised its stake in Meta Platforms by 1.0% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 1,519 shares of the social networking company's stock valued at $869,000 after buying an additional 15 shares during the period. CWS Financial Advisors LLC lifted its position in shares of Meta Platforms by 1.7% in the first quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company's stock valued at $564,000 after buying an additional 16 shares during the last quarter. Finally, Tenzing Financial LLC lifted its position in shares of Meta Platforms by 1.3% in the second quarter. Tenzing Financial LLC now owns 1,210 shares of the social networking company's stock valued at $726,000 after buying an additional 16 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ:META opened at $777.59 on Friday. The stock has a 50 day simple moving average of $613.05 and a 200 day simple moving average of $612.10. The stock has a market cap of $1.98 trillion, a P/E ratio of 29.29, a PEG ratio of 1.28 and a beta of 1.25. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 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 analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company earned $7.14 earnings per share. Research analysts anticipate that Meta Platforms, Inc. will post 27.93 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Monday, September 21st will be given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, September 21st. Meta Platforms's payout ratio is presently 7.91%.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of the business's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the sale, the chief operating officer owned 9,498 shares of the company's stock, valued at $5,708,013.06. The trade was a 26.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was 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 sold a total of 123,333 shares of company stock valued at $80,795,845 in the last three months. Insiders own 13.53% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Muse is strengthening Meta’s AI growth narrative. Muse reportedly reached the top of Apple’s U.S. free-app rankings and recorded approximately 642,000 U.S. daily active users during its first 12 days—outpacing ChatGPT’s early adoption at a comparable stage. Analysts see potential revenue from subscriptions, advertising, commerce and business services. Meta unveils Muse Charm handheld device as AI agent's user base grows
• Positive Sentiment: Meta unveiled a broader AI hardware ecosystem. The company announced the Muse Charm handheld device for a planned December launch, camera-free Ray-Ban Meta Audio glasses and $1,299 Meta VR Glasses. Investors view these products as potential distribution channels for Muse and evidence that Meta is moving beyond advertising. Mark Zuckerberg debuts Meta VR Glasses and Muse Charm
• Positive Sentiment: Analyst price targets moved higher. JPMorgan raised its target to $920, Tigress Financial to $995, Loop Capital to $955, and Citizens JMP to $885. Several firms cited Muse’s potential to become a major consumer AI platform and a new monetization engine. Meta stock rises as analysts raise price targets
• Positive Sentiment: Agentic commerce could expand Meta’s revenue sources. Shopify, Instacart and other commerce partners are helping Muse facilitate transactions, potentially allowing Meta to earn fees on purchases rather than relying solely on ad impressions. Amazon blocked Meta’s AI shopping agent
• Neutral Sentiment: Short-interest data is inconclusive. One report described a large increase in short interest but also listed total short interest at zero shares, indicating a likely data inconsistency rather than a meaningful change in bearish positioning.
• Negative Sentiment: Investors are questioning the cost of Meta’s AI push. Capital spending is projected to approach $145 billion, while reports point to sharply lower free cash flow. The stock’s strong recent rally also raises the risk of profit-taking and a valuation reset if monetization takes longer than expected. Meta surpassed Wall Street’s price target
• Negative Sentiment: Competition and privacy concerns remain. Amazon blocked Muse from accessing its marketplace, while backlash over camera-equipped glasses and broader AI privacy issues could slow adoption or increase regulatory scrutiny. Several Meta insiders also sold shares under pre-arranged trading plans.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Evercore boosted their target price on Meta Platforms from $820.00 to $860.00 in a report on Tuesday, August 25th. Needham & Company LLC reaffirmed a "hold" rating on shares of Meta Platforms in a report on Thursday, August 27th. CICC Research reduced their price objective on shares of Meta Platforms from $773.00 to $700.00 and set an "outperform" rating for the company in a research report on Friday, July 31st. Citigroup reaffirmed an "outperform" rating on shares of Meta Platforms in a research report on Thursday. Finally, Barclays decreased their price objective on shares of Meta Platforms from $830.00 to $780.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $780.12.

Meta Platforms Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company's principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.

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