Y.D. More Investments Ltd trimmed its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 5.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 37,328 shares of the social networking company’s stock after selling 2,114 shares during the quarter. Meta Platforms makes up about 0.8% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 22nd largest holding. Y.D. More Investments Ltd’s holdings in Meta Platforms were worth $21,325,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. RHL Group LLC acquired a new position in Meta Platforms during the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC bought a new position in Meta Platforms in the 4th quarter worth about $29,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Meta Platforms in the fourth quarter valued at approximately $42,000. Bayban increased its stake in shares of Meta Platforms by 100.0% in the first quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 35 shares during the period. Finally, Key Capital Management INC bought a new stake in shares of Meta Platforms during the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insider Transactions at Meta Platforms
In other news, insider Curtis J. Mahoney sold 2,079 shares of the business’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 sale, the insider owned 1,118 shares of the company’s stock, valued at approximately $681,890.56. The trade was a 65.03% decrease in their position. 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, CFO Susan J. Li sold 9,195 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the sale, the chief financial officer owned 13,186 shares of the company’s stock, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their position. The SEC filing for this sale provides additional information. 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 39,503 shares of company stock valued at $24,241,859 in the last quarter. Company insiders own 13.53% of the company’s stock.
Meta Platforms Trading Down 2.8%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter last year, the business earned $6.43 earnings per share. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. As a group, equities research analysts expect that Meta Platforms, Inc. will post 29.42 EPS for the current fiscal year.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.63%.
Key Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta is reportedly in early talks to lease computing power to Anthropic in a potential deal worth up to $10 billion. Investors view that as a possible new revenue stream that would help Meta monetize its AI infrastructure and validate demand for its computing capacity. Article Title
- Positive Sentiment: Meta also unveiled its newest AI model, Muse Spark 1.1, and the company is reportedly considering a broader cloud push. Together, those moves reinforce the idea that Meta can turn heavy AI spending into products and services that generate returns. Article Title
- Positive Sentiment: Analysts remain constructive on Meta’s earnings outlook, with Erste Group raising its FY2027 EPS estimate and maintaining a Buy rating. That adds to the bullish case heading into the next earnings report. Article Title
- Neutral Sentiment: A federal judge declined to block Meta from laying off workers who filed an AI discrimination lawsuit. The ruling removes an immediate legal obstacle, but the underlying claims over alleged bias in AI-driven job cuts still create headline risk. Article Title
- Negative Sentiment: Meta is also facing scrutiny from employees over AI-assisted layoffs, with allegations that its tools discriminated against protected groups. That could keep legal and reputational pressure on the stock. Article Title
Analysts Set New Price Targets
Several equities analysts have recently issued reports on META shares. KeyCorp reiterated an “overweight” rating and set a $760.00 price objective on shares of Meta Platforms in a research report on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $810.00 target price on shares of Meta Platforms in a research report on Monday, June 1st. UBS Group cut their target price on Meta Platforms from $865.00 to $766.00 and set a “buy” rating on the stock in a research note on Monday, July 13th. BNP Paribas Exane started coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $830.45.
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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