TRB Wealth Management LLC Has $4.67 Million Position in Meta Platforms, Inc. $META

Key Points

• TRB Wealth Management cut its Meta Platforms position by 18% in the second quarter, selling 1,815 shares and retaining 8,289 shares valued at approximately $4.67 million. Meta represented about 0.6% of the firm’s portfolio.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $788.88, despite several recent target reductions. Meta reported quarterly revenue of $60.8 billion, up 28% year over year, but earnings per share of $6.18 fell short of estimates.
• Meta declared a quarterly dividend of $0.525 per share, implying a $2.10 annualized payout and a 0.3% yield. Meanwhile, company insiders sold more than 60,000 shares worth approximately $36.7 million over the past 90 days.

TRB Wealth Management LLC lessened its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,289 shares of the social networking company's stock after selling 1,815 shares during the period. Meta Platforms comprises about 0.6% of TRB Wealth Management LLC's portfolio, making the stock its 20th largest holding. TRB Wealth Management LLC's holdings in Meta Platforms were worth $4,669,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of META. Objective Capital Management LLC grew its holdings in Meta Platforms by 2.8% during the fourth quarter. Objective Capital Management LLC now owns 553 shares of the social networking company's stock worth $365,000 after purchasing an additional 15 shares during the period. Watchman Group Inc. lifted its position in shares of Meta Platforms by 0.3% in the first quarter. Watchman Group Inc. now owns 5,091 shares of the social networking company's stock valued at $2,913,000 after buying an additional 15 shares during the last quarter. Penney Financial LLC lifted its position in shares of Meta Platforms by 3.9% in the first quarter. Penney Financial LLC now owns 399 shares of the social networking company's stock valued at $228,000 after buying an additional 15 shares during the last quarter. Barnes Pettey Financial Advisors LLC boosted its stake in shares of Meta Platforms by 1.0% during the 1st quarter. Barnes Pettey Financial Advisors LLC now owns 1,519 shares of the social networking company's stock worth $869,000 after acquiring an additional 15 shares during the period. Finally, CWS Financial Advisors LLC increased its holdings in shares of Meta Platforms by 1.7% during the 1st quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company's stock worth $564,000 after acquiring an additional 16 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on META shares. Monness Crespi & Hardt dropped their price target on Meta Platforms from $890.00 to $730.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Citigroup decreased their price objective on shares of Meta Platforms from $850.00 to $800.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Truist Financial dropped their price objective on shares of Meta Platforms from $770.00 to $763.00 and set a "buy" rating on the stock in a research report on Thursday, August 27th. Weiss Ratings cut shares of Meta Platforms from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, June 26th. Finally, Susquehanna cut their target price on shares of Meta Platforms from $900.00 to $650.00 and set a "positive" rating for the company in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $788.88.

Meta Platforms Stock Performance

META opened at $670.24 on Wednesday. The business has a fifty day simple moving average of $603.98 and a 200 day simple moving average of $609.04. The company has a market capitalization of $1.71 trillion, a PE ratio of 25.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last issued 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). 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 analyst estimates of $60.22 billion. During the same period in the prior year, the company earned $7.14 earnings per share. The business's quarterly revenue was up 28.0% compared to the same quarter last year. Research analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, September 21st will be paid a $0.525 dividend. The ex-dividend date is Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is 7.91%.

Key Meta Platforms News

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

• Positive Sentiment: New Meta One subscriptions could create recurring AI revenue. Meta introduced plans ranging from individual to creator and business tiers, priced from $2.99 to $499 per month, offering expanded access to AI image, video and editing tools across Facebook, Instagram, WhatsApp and Meta AI. The initiative gives investors a clearer path to monetizing AI beyond advertising. Reuters article on Meta One subscriptions
• Positive Sentiment: AI agents are being integrated into WhatsApp Business. Businesses will be able to use third-party AI agents to set up and manage customer messaging, potentially increasing WhatsApp’s commercial utility and supporting higher business adoption and revenue. TechCrunch article on WhatsApp Business AI agents
• Positive Sentiment: Analyst sentiment remains broadly favorable. Recent coverage highlights bullish views tied to Meta’s Muse AI platform, improving advertising performance and the company’s valuation relative to growth. One report says 55 analysts covering Meta have no sell ratings, while Goldman Sachs has identified further upside potential. Analyst coverage article
• Positive Sentiment: Meta reportedly plans camera-free smart glasses. The internally named Luna glasses could broaden Meta’s wearables strategy while addressing privacy concerns associated with cameras, although launch details remain unconfirmed. Reuters article on Meta’s camera-free smart glasses
• Neutral Sentiment: Meta said it will directly report child-safety cases to India’s cybercrime portal, a move that could improve regulatory cooperation but also underscores continuing scrutiny of its platforms. Article on Meta’s child-safety reporting in India
• Negative Sentiment: Regulatory and legal risks remain significant. California’s restrictions on certain youth-targeted advertising practices and a lawsuit involving alleged facial-recognition features in Meta’s smart glasses could increase legal costs and limit product functionality. Article on Meta’s regulatory risks
• Negative Sentiment: Investors continue to debate whether Meta’s aggressive AI infrastructure commitments will generate sufficient returns, particularly if interest rates remain elevated. A recent SEC filing also disclosed an insider sale worth approximately $13 million, which may weigh modestly on sentiment. Analysis of Meta’s AI spending

Insider Transactions at Meta Platforms

In other news, CFO Susan J. Li sold 9,196 shares of Meta Platforms 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 completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 2,838 shares of Meta Platforms stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $616.71, for a total transaction of $1,750,222.98. Following the completion of the sale, the chief operating officer owned 11,662 shares of the company's stock, valued at approximately $7,192,072.02. The trade was a 19.57% 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. Over the last ninety days, insiders have sold 60,183 shares of company stock worth $36,673,495. Company insiders own 13.53% of the company's stock.

Meta Platforms Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.