Strategic Family Wealth Counselors L.L.C. Grows Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Strategic Family Wealth Counselors L.L.C. increased its Meta Platforms stake by 138.4% in the fourth quarter, ending with 4,122 shares worth about $2.49 million.
• Meta reported strong quarterly results, with EPS of $10.44 versus expectations of $6.67 and revenue of $56.31 billion, up 33.1% year over year.
• Analysts remain broadly positive on the stock, with a Moderate Buy consensus and an average target price of $840.19, though some recent price targets were trimmed.

Strategic Family Wealth Counselors L.L.C. raised its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 138.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,122 shares of the social networking company's stock after buying an additional 2,393 shares during the period. Strategic Family Wealth Counselors L.L.C.'s holdings in Meta Platforms were worth $2,490,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of META. Brighton Jones LLC boosted its position in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the period. Headwater Capital Co Ltd boosted its position in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after buying an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of Meta Platforms during the second quarter worth $213,000. Finally, Capital & Planning LLC acquired a new stake in shares of Meta Platforms in the second quarter valued at $322,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 7,847 shares of the firm's stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. This trade represents a 94.99% decrease in their ownership of the stock. 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, COO Javier Olivan sold 837 shares of the firm's stock in a transaction on Monday, May 18th. The shares were sold at an average price of $609.35, for a total value of $510,025.95. Following the completion of the sale, the chief operating officer owned 14,660 shares in the company, valued at approximately $8,933,071. This represents a 5.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold a total of 152,728 shares of company stock worth $96,925,217 over the last ninety days. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Stock Up 0.5%

Meta Platforms stock opened at $610.26 on Friday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock has a market cap of $1.54 trillion, a PE ratio of 22.18, a P/E/G ratio of 1.07 and a beta of 1.25. The stock's fifty day moving average is $617.68 and its two-hundred day moving average is $637.00.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share 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 company had revenue of $56.31 billion for the quarter, compared to analysts' expectations of $55.56 billion. During the same period last year, the firm earned $6.43 earnings per share. Meta Platforms's quarterly revenue was up 33.1% on a year-over-year basis. On average, sell-side analysts expect that Meta Platforms, Inc. will post 29.49 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on META. Argus reiterated a "buy" rating and issued a $800.00 price objective on shares of Meta Platforms in a research note on Monday, February 2nd. UBS Group reduced their price objective on Meta Platforms from $908.00 to $865.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Jefferies Financial Group increased their price objective on Meta Platforms from $910.00 to $1,000.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Tigress Financial increased their price objective on Meta Platforms from $935.00 to $945.00 and gave the company a "strong-buy" rating in a research note on Wednesday, March 18th. Finally, Wells Fargo & Company reduced their price objective on Meta Platforms from $770.00 to $765.00 and set an "overweight" rating on the stock in a research note on Wednesday. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $840.19.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
• Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
• Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
• Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
• Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
• Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.

Meta Platforms Company 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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