Stenger Family Office LLC Boosts Holdings in Meta Platforms, Inc. $META

Key Points

• Stenger Family Office increased its Meta position by 8.2% in the second quarter, purchasing 2,061 additional shares for a total of 27,349 shares valued at $15.4 million. Institutional investors collectively own 79.91% of META.
• Analysts maintain a generally positive outlook, with Meta receiving a “Moderate Buy” consensus rating and an average price target of $785.32, despite several firms recently lowering their targets.
• Meta reported 28% year-over-year revenue growth to $60.8 billion but missed quarterly EPS estimates. Meanwhile, insiders sold more than $23.4 million in stock over the past three months, while investors remain focused on heavy AI spending and related margin pressure.

Stenger Family Office LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,349 shares of the social networking company's stock after purchasing an additional 2,061 shares during the period. Meta Platforms comprises 2.4% of Stenger Family Office LLC's portfolio, making the stock its 11th largest position. Stenger Family Office LLC's holdings in Meta Platforms were worth $15,406,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in META. RHL Group LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms in the fourth quarter valued at about $29,000. Safe Harbor Fiduciary LLC acquired a new stake in Meta Platforms during the 4th quarter valued at approximately $42,000. Axiom Investment Management LLC acquired a new stake in Meta Platforms during the 1st quarter valued at approximately $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 during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

META has been the subject of several research analyst reports. Cantor Fitzgerald reduced their target price on Meta Platforms from $770.00 to $680.00 and set an "overweight" rating for the company in a research note on Thursday, July 30th. The Goldman Sachs Group dropped their price target on shares of Meta Platforms from $815.00 to $725.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Wolfe Research reaffirmed an "outperform" rating and issued a $700.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. Wells Fargo & Company reduced their price objective on shares of Meta Platforms from $835.00 to $640.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Finally, Sanford C. Bernstein reissued an "outperform" rating and set a $800.00 price objective on shares of Meta Platforms in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and an average price target of $785.32.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 1,258 shares of the firm's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $600.00, for a total value of $754,800.00. Following the transaction, the chief operating officer directly owned 1,517 shares in the company, valued at approximately $910,200. This trade represents a 45.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of Meta Platforms stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the transaction, the director directly owned 2,943 shares of the company's stock, valued at $1,652,671.08. This trade represents a 14.52% decrease in their ownership of the stock. 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 have sold 38,407 shares of company stock worth $23,391,097 over the last three months. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Price Performance

Shares of META opened at $578.85 on Thursday. The firm has a market cap of $1.47 trillion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.02 and a beta of 1.25. The stock has a 50 day moving average of $596.66 and a 200-day moving average of $621.07. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly 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 net margin of 29.83% and a return on equity of 33.18%. 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 firm posted $7.14 earnings per share. Meta Platforms's revenue was up 28.0% compared to the same quarter last year. As a group, analysts forecast that Meta Platforms, Inc. will post 28.5 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms's payout ratio is presently 7.91%.

Key Meta Platforms News

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

• Positive Sentiment: Meta officially launched its standalone Facebook Creator Studio app for iOS, offering creators AI-generated growth advice and community-management tools. The rollout could support engagement, creator retention and future monetization. Facebook officially rolls out its standalone Creator Studio app with AI tools for creators
• Positive Sentiment: Meta and Nvidia released open-weight AI models as U.S. technology companies seek to compete with Chinese labs. Meta’s open-source strategy may accelerate adoption, improve its advertising products and challenge higher-cost AI rivals. Meta and Nvidia plant very firm flag in open-weight AI race
• Positive Sentiment: Several analysts continue to cite Meta’s strong advertising business, AI-driven improvements in ad conversions and long-term AI optionality. The consensus price target remains substantially above the recent trading level, providing a potential valuation support. The Market Shaved 10% Off Meta Over a Month
• Neutral Sentiment: Meta’s planned acquisition of Chinese AI startup Manus is being unwound after regulatory pressure, with Manus returning to independent operations. The development limits Meta’s acquisition strategy but removes uncertainty surrounding the transaction. AI startup Manus to resume independent operations as deal with Meta unwinds
• Negative Sentiment: A German advocacy group filed a criminal complaint alleging that Meta’s AI smart glasses violate privacy laws. The complaint adds regulatory risk to Meta’s growing hardware and wearable-AI strategy. German advocacy group lodges criminal complaint over Meta AI glasses
• Negative Sentiment: Meta began trial proceedings against claims from 29 U.S. states that Facebook and Instagram were designed to be addictive to children. A loss could result in significant damages, platform changes and thousands of additional lawsuits. Meta, 29 states head to court in youth social media litigation
• Negative Sentiment: Investors remain concerned that AI infrastructure spending of up to $145 billion in 2026 is compressing margins and free cash flow. Recent commentary also highlighted weaker technical momentum, leaving META more vulnerable to selling pressure. Meta Q2: Strong Growth, But The AI Bill Is Becoming Hard To Ignore

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.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

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