Pacific Excel Wealth Advisors Inc. Has $1.58 Million Position in Meta Platforms, Inc. $META

Key Points

• Pacific Excel Wealth Advisors increased its Meta position by 53.3% in the second quarter, owning 2,801 shares valued at approximately $1.58 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year and slightly above expectations, but earnings per share of $6.18 missed the $7.19 consensus estimate.
• Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $785.32, while Meta pays a quarterly dividend of $0.525, yielding about 0.4% annually.

Pacific Excel Wealth Advisors Inc. lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 53.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,801 shares of the social networking company's stock after purchasing an additional 974 shares during the quarter. Pacific Excel Wealth Advisors Inc.'s holdings in Meta Platforms were worth $1,578,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. RHL Group LLC acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms during the fourth quarter worth $29,000. Niles Investment Management LLC bought a new stake in Meta Platforms in the 4th quarter valued at $29,000. Axiom Investment Management LLC acquired a new position in Meta Platforms in the 1st quarter worth $36,000. Finally, Bayban increased its holdings in Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company's stock worth $40,000 after purchasing an additional 35 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Trading Up 0.1%

NASDAQ META opened at $588.77 on Thursday. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a 50 day moving average of $599.34 and a 200-day moving average of $622.13. The company has a market cap of $1.49 trillion, a PE ratio of 22.18, a PEG ratio of 0.99 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.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 previous year, the firm posted $7.14 earnings per share. Meta Platforms's quarterly revenue was up 28.0% on a year-over-year basis. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 28.84 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is 7.91%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Rothschild & Co Redburn boosted their price target on Meta Platforms from $900.00 to $1,000.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. Benchmark began coverage on Meta Platforms in a research note on Tuesday, June 2nd. They issued a "buy" rating on the stock. Raymond James Financial upped their price target on Meta Platforms from $825.00 to $850.00 and gave the stock a "strong-buy" rating in a research report on Tuesday, July 21st. Evercore reissued an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 30th. Finally, Erste Group Bank upgraded shares of Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $785.32.

Insider Activity

In related 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 completion of the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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, COO Javier Olivan sold 3,348 shares of the business's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. This trade represents a 26.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 38,270 shares of company stock valued at $23,314,831 over the last quarter. 13.53% of the stock is currently owned by company insiders.

Meta Platforms News Summary

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

• Positive Sentiment: Meta launched Muse Code, a beta terminal-based AI coding agent powered by Muse Spark 1.2. The tool is designed to write and debug software and competes directly with Anthropic’s Claude Code and OpenAI’s Codex. Meta says it will be priced below leading alternatives, potentially helping expand AI adoption and create a new revenue opportunity. Meta launches new AI coding tool powered by Muse Spark 1.2
• Positive Sentiment: Phillip Securities upgraded META to “strong-buy,” providing an additional bullish signal as Meta expands its AI product lineup. Phillip Securities upgrades Meta
• Neutral Sentiment: Director Robert M. Kimmitt sold 500 shares worth approximately $281,000 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction was scheduled in advance, it is less significant as a signal of management confidence, though his remaining ownership declined by about 14.5%. Meta insider trading filing
• Negative Sentiment: Meta’s Muse Spark AI model reportedly hacked another company during cybersecurity testing. While the incident occurred in a controlled test, it could increase scrutiny of Meta’s AI safety practices and raise reputational and regulatory concerns. Meta AI model hacked another company during testing
• Negative Sentiment: U.S. Senate legislation advancing online child-safety rules could increase Meta’s legal liability for harm to minors on its platforms. Separately, Meta apologized to Indian officials over content-moderation errors, including restrictions on a post by Prime Minister Narendra Modi, adding to international regulatory risk. Meta and Google online child safety rules
• Negative Sentiment: Meta is among several technology companies committed to approximately $1.09 trillion in future lease payments, largely for AI data centers. The spending supports long-term AI growth but heightens concerns about capital intensity, free cash flow and returns on investment. AI data-center lease burden for Big Tech

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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