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Rep. John McGuire Buys Meta Platforms, Inc. (NASDAQ:META) Shares

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Key Points

  • Rep. John McGuire disclosed buying Meta Platforms stock worth between $1,001 and $15,000 on June 4 in his Merrill Lynch SEP IRA account, according to a filing released June 10.
  • Meta’s latest results were strong, with earnings of $10.44 per share and revenue of $56.31 billion, both above Wall Street expectations and up sharply from a year earlier.
  • The company also declared a quarterly dividend of $0.525 per share, while analysts remain broadly bullish overall with a Moderate Buy consensus and a price target around $840.60.
  • Five stocks to consider instead of Meta Platforms.

Representative John McGuire (Republican-Virginia) recently bought shares of Meta Platforms, Inc. NASDAQ: META. In a filing disclosed on June 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on June 4th. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

Representative John McGuire also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 6/4/2026.
  • Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/15/2026.
  • Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/15/2026.
  • Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/15/2026.

Meta Platforms Stock Performance

META opened at $568.43 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 market cap of $1.44 trillion, a price-to-earnings ratio of 20.66, a PEG ratio of 1.01 and a beta of 1.23. The company's fifty day moving average price is $621.39 and its two-hundred day moving average price is $636.37. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the previous year, the firm posted $6.43 earnings per share. The firm's revenue for the quarter was up 33.1% on a year-over-year basis. On average, analysts expect that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms's dividend payout ratio is presently 7.63%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on META. Benchmark initiated coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set a "buy" rating for the company. BNP Paribas Exane assumed coverage on Meta Platforms in a research note on Tuesday, June 2nd. They issued an "outperform" rating for the company. Erste Group Bank lowered Meta Platforms from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Meta Platforms in a research report on Friday, March 27th. Finally, Wall Street Zen downgraded Meta Platforms from a "buy" rating to a "hold" rating in a report on Saturday, May 16th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $840.60.

Read Our Latest Stock Analysis on Meta Platforms

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. First National Bank Sioux Falls boosted its stake in Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company's stock valued at $1,321,000 after acquiring an additional 14 shares during the last quarter. Levin Capital Strategies L.P. increased its stake in shares of Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company's stock worth $649,000 after purchasing an additional 14 shares during the last quarter. Vista Capital Partners Inc. increased its stake in shares of 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 purchasing an additional 14 shares during the last quarter. Arcataur Capital Management LLC raised its holdings in shares of Meta Platforms by 0.9% in the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company's stock worth $1,146,000 after purchasing an additional 15 shares during the period. Finally, Acorn Creek Capital LLC raised its holdings in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company's stock worth $1,398,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares of the company's stock, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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, insider Curtis J. Mahoney sold 2,079 shares of the firm's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares of the company's stock, valued at $681,890.56. This represents a 65.03% 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. Insiders have sold a total of 41,305 shares of company stock worth $25,567,928 in the last ninety days. Company insiders own 13.53% of the company's stock.

Key Stories Impacting Meta Platforms

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

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

Meta Platforms Company Profile

(Get Free Report)

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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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.

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