Tempo Wealth LLC Has $5.43 Million Stake in Meta Platforms, Inc. $META

Key Points

• Tempo Wealth increased its Meta Platforms position by 10.5% in the second quarter, owning 9,646 shares valued at approximately $5.43 million. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Meta reported 28% year-over-year revenue growth to $60.8 billion, beating revenue expectations, although quarterly EPS of $6.18 missed the consensus estimate of $7.19.
• Meta’s AI expansion and strong advertising business support its growth outlook, but investors face risks from rising AI spending, regulatory and child-safety litigation, and recent insider share sales. Analysts maintain a “Moderate Buy” consensus with an average price target of $785.32.

Tempo Wealth LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 10.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,646 shares of the social networking company's stock after buying an additional 917 shares during the period. Meta Platforms makes up 0.8% of Tempo Wealth LLC's holdings, making the stock its 27th biggest position. Tempo Wealth LLC's holdings in Meta Platforms were worth $5,433,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Facet Wealth Inc. grew its position in shares of Meta Platforms by 4.8% during the 2nd quarter. Facet Wealth Inc. now owns 16,266 shares of the social networking company's stock worth $9,162,000 after purchasing an additional 747 shares in the last quarter. New Hampshire Trust raised its position in shares of Meta Platforms by 23.4% in the 2nd quarter. New Hampshire Trust now owns 9,175 shares of the social networking company's stock valued at $5,168,000 after buying an additional 1,742 shares in the last quarter. Private Wealth Management Group LLC raised its position in shares of Meta Platforms by 37.3% in the 2nd quarter. Private Wealth Management Group LLC now owns 1,041 shares of the social networking company's stock valued at $587,000 after buying an additional 283 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Meta Platforms by 1.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 342,140 shares of the social networking company's stock worth $192,724,000 after acquiring an additional 3,754 shares during the period. Finally, NORTHSTAR ASSET MANAGEMENT Co bought a new stake in Meta Platforms during the second quarter worth $48,000. Institutional investors own 79.91% of the company's stock.

Key Headlines Impacting Meta Platforms

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

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $549.90 on Friday. The company has a market cap of $1.40 trillion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25. The business has a 50 day moving average price of $593.51 and a 200-day moving average price of $615.41. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week 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.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) 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 analysts' expectations of $60.22 billion. During the same period in the prior year, the firm earned $7.14 earnings per share. Meta Platforms's revenue was up 28.0% compared to the same quarter last year. Equities analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 500 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total value of $280,780.00. Following the transaction, the director directly owned 2,943 shares of the company's stock, valued at approximately $1,652,671.08. The trade was a 14.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 1,559 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $869,922.00. Following the completion of the transaction, the insider owned 1,957 shares in the company, valued at approximately $1,092,006. The trade was a 44.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 38,502 shares of company stock worth $22,603,485. 13.53% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on META shares. TD Cowen reduced their price target on shares of Meta Platforms from $800.00 to $750.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Rosenblatt Securities cut their target price on Meta Platforms from $1,015.00 to $883.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Wall Street Zen lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Weiss Ratings lowered Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, June 26th. Finally, Piper Sandler reissued an "overweight" rating and set a $785.00 target price (down from $800.00) on shares of Meta Platforms in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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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