Meta Platforms, Inc. $META Shares Purchased by Triad Wealth Partners LLC

Key Points

• Triad Wealth Partners LLC increased its Meta Platforms stake by 18.3% in the first quarter, buying 1,542 more shares and bringing its total holdings to 9,974 shares worth about $5.7 million.
• Meta continues to draw strong institutional interest, with several other funds also adding shares and 79.91% of the stock now held by institutional investors and hedge funds.
• Recent developments around the company include a new $299 AI smart glasses line, plans for a prediction markets app, and ongoing regulatory scrutiny in Europe and the U.S. over privacy, child safety, and AI oversight.

Triad Wealth Partners LLC boosted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,974 shares of the social networking company's stock after acquiring an additional 1,542 shares during the period. Triad Wealth Partners LLC's holdings in Meta Platforms were worth $5,707,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Quotient Wealth Partners LLC lifted its stake in shares of Meta Platforms by 2.9% during the 1st quarter. Quotient Wealth Partners LLC now owns 8,914 shares of the social networking company's stock worth $5,100,000 after purchasing an additional 248 shares during the period. Fortem Financial Group LLC boosted its holdings in shares of Meta Platforms by 6.7% during the first quarter. Fortem Financial Group LLC now owns 8,755 shares of the social networking company's stock worth $5,009,000 after purchasing an additional 546 shares during the last quarter. Kavar Capital Partners Group LLC grew its position in shares of Meta Platforms by 1.8% in the first quarter. Kavar Capital Partners Group LLC now owns 2,360 shares of the social networking company's stock valued at $1,350,000 after purchasing an additional 42 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its stake in Meta Platforms by 0.9% in the first quarter. AEGON ASSET MANAGEMENT UK Plc now owns 323,653 shares of the social networking company's stock valued at $185,133,000 after purchasing an additional 2,906 shares during the last quarter. Finally, BlueSky Wealth Advisors LLC lifted its position in Meta Platforms by 8.2% during the first quarter. BlueSky Wealth Advisors LLC now owns 1,533 shares of the social networking company's stock worth $877,000 after buying an additional 116 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

More Meta Platforms News

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

• Positive Sentiment: Meta and EssilorLuxottica launched a new, lower-priced line of AI smart glasses starting at $299, which could broaden adoption of Meta’s wearables strategy and support future hardware revenue. Reuters article
• Positive Sentiment: Meta is reportedly building an independent prediction markets app, “Arena,” signaling another potential product category that could increase user engagement and open a new monetization avenue. New York Times article
• Positive Sentiment: Analysts and bullish commentary continue to point to strong AI monetization potential and meaningful upside in Meta shares, suggesting investors still see long-term value despite recent weakness. Reuters article
• Neutral Sentiment: Meta is expanding Instagram TV-style features to more devices and adding AI-powered video tools, a sign of continued product iteration aimed at boosting engagement. Zacks article
• Neutral Sentiment: Meta named Indian fintech founder Kunal Shah to lead WhatsApp and invested $900 million in CRED, highlighting a push to diversify monetization around messaging and India. Reuters article
• Negative Sentiment: The European Union is escalating its probe into whether Facebook and Instagram use addictive design features that harm children, adding to Meta’s regulatory risk in Europe. Reuters article
• Negative Sentiment: The Trump administration is reportedly pressing Meta to submit its AI models for voluntary security review, raising the possibility of more oversight and compliance costs. Reuters article
• Negative Sentiment: Meta also paused an internal mouse-tracking program after data-security concerns, reinforcing investor worries about privacy and workplace-data issues. Reuters article

Analyst Ratings Changes

A number of brokerages have issued reports on META. Citizens Jmp reissued a "market outperform" rating and issued a $900.00 price target on shares of Meta Platforms in a research note on Tuesday, April 21st. Bank of America dropped their price objective on shares of Meta Platforms from $885.00 to $820.00 and set a "buy" rating for the company in a research note on Monday, April 20th. Truist Financial cut their price objective on shares of Meta Platforms from $900.00 to $840.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. Weiss Ratings reissued a "buy (b)" rating on shares of Meta Platforms in a research report on Friday, March 27th. Finally, TD Cowen lowered their target price on shares of Meta Platforms from $820.00 to $800.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.60.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 140 shares of the firm's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $600.00, for a total value of $84,000.00. Following the transaction, the chief operating officer owned 12,846 shares of the company's stock, valued at approximately $7,707,600. This trade represents a 1.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 504 shares of Meta Platforms stock in a transaction on Monday, June 1st. The shares were sold at an average price of $629.29, for a total transaction of $317,162.16. Following the transaction, the director owned 3,943 shares in the company, valued at $2,481,290.47. The trade was a 11.33% 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. Insiders sold a total of 39,013 shares of company stock worth $24,115,999 over the last ninety days. 13.53% of the stock is owned by company insiders.

Meta Platforms Stock Performance

Meta Platforms stock opened at $562.20 on Wednesday. The stock's 50-day moving average is $618.63 and its 200-day moving average is $632.97. The company has a market cap of $1.42 trillion, a price-to-earnings ratio of 20.44, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23. 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, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the company posted $6.43 EPS. The company's revenue was up 33.1% compared to the same quarter last year. Equities analysts anticipate that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, June 15th. Meta Platforms's payout ratio is 7.63%.

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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