State of Wyoming Has $4.10 Million Stake in Meta Platforms, Inc. $META

State of Wyoming lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 25.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,281 shares of the social networking company's stock after purchasing an additional 1,477 shares during the period. Meta Platforms accounts for about 0.4% of State of Wyoming's portfolio, making the stock its 12th largest position. State of Wyoming's holdings in Meta Platforms were worth $4,101,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vista Capital Partners Inc. grew its holdings in Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after acquiring an additional 14 shares during the last quarter. Acorn Creek Capital LLC raised its stake in shares of Meta Platforms by 0.7% in the fourth quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company's stock worth $1,398,000 after acquiring an additional 15 shares during the last quarter. Objective Capital Management LLC raised its stake in shares of Meta Platforms by 2.8% in the fourth quarter. Objective Capital Management LLC now owns 553 shares of the social networking company's stock worth $365,000 after acquiring an additional 15 shares during the last quarter. Watchman Group Inc. lifted its position in shares of 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 in the last quarter. Finally, Penney Financial LLC lifted its position in shares of Meta Platforms by 3.9% during the first quarter. Penney Financial LLC now owns 399 shares of the social networking company's stock worth $228,000 after purchasing an additional 15 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Curtis J. Mahoney sold 1,559 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $869,922.00. Following the sale, the insider directly owned 1,957 shares in the company, valued at $1,092,006. This trade represents a 44.34% 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, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the transaction, the chief technology officer directly owned 828 shares in the company, valued at $462,024. The trade was a 90.46% 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. In the last 90 days, insiders have sold 36,227 shares of company stock valued at $21,205,509. Insiders own 13.53% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on META shares. Rosenblatt Securities raised their price target on shares of Meta Platforms from $883.00 to $886.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Susquehanna dropped their target price on Meta Platforms from $900.00 to $650.00 and set a "positive" rating for the company in a research report on Thursday, July 30th. DA Davidson cut their price target on Meta Platforms from $850.00 to $700.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Arete Research set a $735.00 price objective on Meta Platforms and gave the stock a "buy" rating in a research report on Tuesday, June 2nd. Finally, Weiss Ratings lowered Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, June 26th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and an average target price of $785.22.

Meta Platforms Stock Performance

META stock opened at $613.48 on Wednesday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. 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 company has a market cap of $1.56 trillion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The business's fifty day moving average is $598.23 and its 200-day moving average is $608.68.

Meta Platforms (NASDAQ:META - Get Free Report) last announced 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 company had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period last year, the firm earned $7.14 earnings per share. Equities research analysts forecast that Meta Platforms, Inc. will post 28.17 EPS for the current year.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Muse, a personal AI agent that can interact with Facebook, Instagram and third-party applications to perform tasks such as sending emails, booking travel, shopping and making payments. The product includes free and paid subscription tiers, offering a potential new revenue stream beyond digital advertising. Meta launches AI agent that can access other apps to send emails, make payments
• Positive Sentiment: The rollout follows the release of Muse Spark 1.3, a model aimed at coding and extended agentic tasks. Investors viewed the development as evidence that Meta’s substantial AI investment could eventually generate financial returns; Bank of America reportedly continues to see meaningful upside in the stock. Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside
• Positive Sentiment: Meta and Panmnesia proposed a data-center architecture designed to connect computing resources more tightly for extremely large AI models. The initiative supports Meta’s strategy of building extensive AI infrastructure and could improve long-term computing efficiency. One Chip, One Datacenter: Meta and Panmnesia Extend Tight Coupling Beyond the Rack with CXL
• Neutral Sentiment: Analysts and investors remain divided over Meta’s large AI infrastructure spending, reportedly including a potential $130 billion capital-expenditure commitment. Strong advertising growth and user monetization support the investment case, but the scale of spending raises execution and return-on-investment concerns. Wall Street Keeps Asking How Much Meta Will Spend
• Negative Sentiment: Muse increases Meta’s exposure to privacy, security and consumer-trust concerns because it can access sensitive information and act across other applications. Reports noted internal concerns about potential misuse or mishandling of personal data, which could increase regulatory and reputational risks. Meta pushes into personal AI agents as company faces public reckoning over privacy and safety
• Negative Sentiment: Meta faces continuing legal pressure, including a reported lawsuit alleging facial-recognition data was used to train smart-glasses systems. Separately, the company’s chief accounting officer sold 3,240 shares under a pre-arranged Rule 10b5-1 plan; the planned nature of the sale reduces its significance, but insider selling may weigh modestly on sentiment.

About Meta Platforms

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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