MSH Capital Advisors LLC Boosts Stake in Meta Platforms, Inc. $META

Key Points

• MSH Capital Advisors increased its Meta Platforms stake by 65.9% in the fourth quarter, bringing its holdings to 2,291 shares valued at about $1.51 million.
• Wall Street remains broadly positive on META, with analysts assigning a Moderate Buy consensus and an average price target of $840.60. Several firms recently reiterated buy-style ratings, though some trimmed their price targets.
• Meta reported strong quarterly results, with EPS of $10.44 versus estimates of $6.67 and revenue of $56.31 billion, up 33.1% year over year. The company also announced a quarterly dividend of $0.525 per share.

MSH Capital Advisors LLC raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 65.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,291 shares of the social networking company's stock after buying an additional 910 shares during the quarter. MSH Capital Advisors LLC's holdings in Meta Platforms were worth $1,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in META. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms in the 3rd quarter worth about $26,000. RHL Group LLC purchased a new position in shares of Meta Platforms in the 4th quarter worth about $28,000. Strategic Wealth Advisors LLC purchased a new position in shares of Meta Platforms in the 4th quarter worth about $29,000. Key Capital Management INC purchased a new position in shares of Meta Platforms in the 4th quarter worth about $48,000. Finally, Entrust Financial LLC purchased a new position in shares of Meta Platforms in the 4th quarter worth about $48,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on META shares. KeyCorp reiterated an "overweight" rating and issued a $760.00 price objective on shares of Meta Platforms in a report on Thursday, April 30th. Bank of America cut their price objective on Meta Platforms from $885.00 to $820.00 and set a "buy" rating for the company in a report on Monday, April 20th. Arete Research set a $735.00 target price on Meta Platforms and gave the company a "buy" rating in a report on Tuesday. Rosenblatt Securities restated a "buy" rating and set a $1,015.00 target price on shares of Meta Platforms in a report on Thursday, May 28th. Finally, Truist Financial dropped their target price on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $840.60.

Insider Transactions at Meta Platforms

In related news, CFO Susan J. Li sold 9,195 shares of the firm's stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer owned 13,186 shares of the company's stock, valued at $8,014,978.24. This trade represents a 41.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares of the company's stock, valued at approximately $681,890.56. The trade was a 65.03% 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 42,860 shares of company stock worth $26,555,260 over the last 90 days. 13.53% of the stock is currently owned by insiders.

Meta Platforms Trading Up 4.2%

META opened at $622.98 on Thursday. The business has a 50 day simple moving average of $618.18 and a two-hundred day simple moving average of $636.74. The firm has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 22.65, a PEG ratio of 1.06 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 one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings results 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. 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 during the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the prior year, the company posted $6.43 EPS. Meta Platforms's quarterly revenue was up 33.1% compared to the same quarter last year. Analysts predict that Meta Platforms, Inc. will post 29.35 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be given a $0.525 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is currently 7.63%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta launched an enterprise-focused AI “business agent” designed to help companies handle customer inquiries, recommend products, book appointments, and automate daily operations across WhatsApp, Messenger, and Instagram. Investors see this as a new subscription-like revenue opportunity beyond ads. Reuters article
• Positive Sentiment: Coverage from multiple outlets suggested Meta’s AI agent strategy could expand into the business market and help diversify revenue, reinforcing the bull case that the company can monetize AI more effectively. CNBC article
• Positive Sentiment: Areté Research upgraded Meta Platforms (META) from hold to strong-buy and set a $735 target, adding to the favorable analyst tone around the stock. Finviz reference
• Positive Sentiment: Meta also won a partial legal victory in Europe after a court backed its challenge to the EU’s “gatekeeper” designation for Marketplace, which could reduce regulatory pressure on part of the business. Reuters article
• Neutral Sentiment: Meta’s metaverse unit saw another management change, with Metaverse Products Group lead Gabriel Aul quietly leaving and being replaced by Saxs Persson. This is more of an internal reshuffle than a clear stock catalyst. Business Insider article
• Negative Sentiment: Reuters reported that a high-profile hack exposed weaknesses in Meta’s AI support chatbot, highlighting security risks as the company automates sensitive account functions. Reuters article
• Negative Sentiment: State attorneys general also urged a court to revive antitrust claims against Meta, keeping regulatory and legal overhangs in the background. MediaPost article

About Meta Platforms

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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