Rubicon Global Capital Ltd Has $37.49 Million Stake in Meta Platforms, Inc. $META

Key Points

• Rubicon Global Capital trimmed its Meta stake by 2.6% in the second quarter, leaving it with 66,557 shares valued at $37.49 million. Meta represents 13.7% of Rubicon’s portfolio, while institutional investors own 79.91% of the stock.
• Meta’s latest quarter showed 28% year-over-year revenue growth to $60.8 billion, exceeding estimates, but earnings per share of $6.18 missed the $7.19 consensus. The shares opened at $549.90, and the company pays a quarterly dividend equivalent to a 0.4% annual yield.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $785.32 price target, though AI spending, regulatory litigation and child-safety lawsuits remain key risks. Meta is also expanding its AI offerings, including the Pocket app, a Mac version of Meta AI and the Muse Code coding agent.

Rubicon Global Capital Ltd trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 66,557 shares of the social networking company's stock after selling 1,750 shares during the period. Meta Platforms accounts for 13.7% of Rubicon Global Capital Ltd's portfolio, making the stock its 3rd largest holding. Rubicon Global Capital Ltd's holdings in Meta Platforms were worth $37,491,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of META. Ashton Thomas Securities LLC grew its holdings in shares of Meta Platforms by 17.4% in the first quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock valued at $10,299,000 after purchasing an additional 2,670 shares in the last quarter. Keybank National Association OH raised its stake in Meta Platforms by 15.7% during the fourth quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock valued at $88,319,000 after purchasing an additional 18,169 shares in the last quarter. WMS Group LLC purchased a new stake in Meta Platforms during the fourth quarter valued at $876,000. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. Finally, Czech National Bank lifted its position in Meta Platforms by 4.9% during the second quarter. Czech National Bank now owns 625,079 shares of the social networking company's stock valued at $352,101,000 after purchasing an additional 29,411 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Up 0.7%

META stock opened at $549.90 on Friday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. The stock has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm's fifty day simple moving average is $593.51 and its two-hundred day simple moving average is $615.41.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter last year, the business posted $7.14 EPS. Meta Platforms's revenue was up 28.0% compared to the same quarter last year. As a group, analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Meta Platforms News Roundup

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

• Positive Sentiment: Meta launched Pocket in the U.S., an AI-powered app that lets users create and share interactive games through text prompts. The product could increase engagement and expand Meta’s consumer AI ecosystem. Meta brings Pocket to U.S. users
• Positive Sentiment: Meta introduced a Mac app for Meta AI with system-wide dictation and screen-aware assistance. The company is also pricing its new Muse Code coding agent below Anthropic and OpenAI offerings, potentially helping it attract developers and build AI adoption. Meta AI launches Mac app
• Positive Sentiment: Meta’s core advertising business remains strong, with quarterly revenue rising 28% year over year to $60.8 billion. AI-related improvements to recommendations and ad delivery are supporting engagement, clicks and conversion efficiency. Meta drawdown analysis
• Neutral Sentiment: Meta is contesting the Federal Trade Commission’s effort to revive monopoly charges. The company argues that Facebook and Instagram users increasingly see recommended content rather than posts from friends, a defense that could influence the case’s regulatory implications. Meta fights FTC monopoly charges
• Neutral Sentiment: Meta’s CTO Andrew Bosworth, CFO Susan Li and insider Curtis Mahoney sold shares worth roughly $10.3 million in aggregate under pre-arranged Rule 10b5-1 plans. The transactions are limited as discretionary signals but may still affect investor sentiment. Meta insider transaction filing
• Negative Sentiment: Child-safety and social-media addiction litigation is intensifying. Testimony alleging that some safety tools were “designed to fail” raises the possibility of major damages, mandated product changes, restrictions on engagement features and pressure on advertising monetization. Meta social media lawsuit trial
• Negative Sentiment: Investors remain concerned that heavier AI capital spending will depress second-half free cash flow and increase financial pressure. Those concerns follow Meta’s quarterly EPS miss, despite its revenue beat, and have contributed to the stock’s year-to-date weakness. Meta stock investment analysis

Insiders Place Their Bets

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the transaction, the director owned 2,943 shares in the company, valued at $1,652,671.08. The trade was a 14.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% 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 38,502 shares of company stock valued at $22,603,485 over the last quarter. Corporate insiders own 13.53% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Benchmark assumed coverage on shares of Meta Platforms in a report on Tuesday, June 2nd. They issued a "buy" rating on the stock. Stifel Nicolaus lowered their price target on shares of Meta Platforms from $805.00 to $780.00 and set a "buy" rating for the company in a report on Friday, May 1st. Citigroup dropped their price target on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Bank of America reduced their price objective on Meta Platforms from $835.00 to $810.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Arete Research set a $735.00 price objective on Meta Platforms and gave the company a "buy" rating in a research report on Tuesday, June 2nd. Four analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $785.32.

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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