Cim LLC Has $18.09 Million Stock Holdings in Meta Platforms, Inc. $META

Cim LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,610 shares of the social networking company’s stock after selling 1,291 shares during the period. Meta Platforms accounts for about 2.6% of Cim LLC’s portfolio, making the stock its 14th biggest position. Cim LLC’s holdings in Meta Platforms were worth $18,085,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. First National Bank Sioux Falls boosted its holdings in shares of Meta Platforms by 0.7% during the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after buying an additional 14 shares in the last quarter. Levin Capital Strategies L.P. increased its stake in shares of Meta Platforms by 1.4% in the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. lifted its position 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 valued at $794,000 after acquiring an additional 14 shares during the period. Arcataur Capital Management LLC lifted its position in shares of Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock valued at $1,146,000 after acquiring an additional 15 shares during the period. Finally, Acorn Creek Capital LLC boosted its stake in Meta Platforms by 0.7% during the fourth quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 837 shares of the business’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $607.85, for a total transaction of $508,770.45. Following the completion of the sale, the chief operating officer directly owned 6,290 shares of the company’s stock, valued at approximately $3,823,376.50. The trade was a 11.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the sale, the director directly owned 3,443 shares of the company’s stock, valued at approximately $2,092,483.25. This trade represents a 12.68% 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 sold a total of 39,325 shares of company stock worth $23,979,087 in the last 90 days. 13.53% of the stock is currently owned by company insiders.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta’s core advertising business remains strong. Second-quarter revenue increased 28% year over year to $60.8 billion, while ad impressions, pricing, engagement and AI-powered recommendation tools continued to improve. Advantage+ advertising reportedly reached a $75 billion annualized run rate. Meta: Buy The AI Spending Panic
• Positive Sentiment: Several analysts and investment commentators view the selloff as an opportunity, arguing that Meta’s advertising engine can fund its AI investments and that AI is already improving ad performance, personalization and user engagement. Meta also highlighted potential enterprise AI products, personal AI agents and new applications. Buy Meta’s Earnings Drop
• Positive Sentiment: Despite reductions, major firms retained bullish ratings and price targets, including UBS at $715, Baird at $750, Cantor Fitzgerald at $680 and Rosenblatt at $883. The targets imply substantial long-term upside if Meta converts AI spending into monetization. Meta Given New Price Target at Baird
• Neutral Sentiment: The earnings miss was partly affected by approximately $2.4 billion in legal charges and $1.2 billion in severance costs. Excluding these items, supporters argue that underlying profitability was healthier, but reported margins still declined.
• Negative Sentiment: Meta reported $6.18 in quarterly EPS, below expectations near $7.19, while free cash flow fell to only $784 million from $31.9 billion in operating cash flow as AI data-center capital expenditures surged. Investors remain unconvinced that the spending will generate adequate returns soon. Tech’s AI Buildout Has Ballooning Price Tag
• Negative Sentiment: Future AI-related lease obligations reached $279 billion, increasing concerns about balance-sheet commitments and execution risk. Additional legal and regulatory pressure includes a wrongful-death lawsuit alleging that social-media companies harmed minors, plus an Indian police case involving Meta’s India chief over Facebook posts depicting Prime Minister Narendra Modi. Meta’s AI Splurge Lays Bare Its Compute Conundrum

Wall Street Analysts Forecast Growth

META has been the subject of a number of research reports. Sanford C. Bernstein restated an “outperform” rating and issued a $800.00 price target on shares of Meta Platforms in a report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Monday, June 1st. Robert W. Baird reduced their target price on Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a research note on Thursday. KeyCorp decreased their target price on Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company decreased their target price on Meta Platforms from $835.00 to $640.00 and set an “overweight” rating for the company in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $789.95.

Meta Platforms Stock Performance

Shares of META stock opened at $556.71 on Friday. The firm has a market capitalization of $1.41 trillion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 0.90 and a beta of 1.25. The firm has a fifty day simple moving average of $601.16 and a two-hundred day simple moving average of $622.97. The company has a current ratio of 2.23, a quick ratio of 2.35 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share 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 business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same period last year, the business posted $7.14 earnings per share. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. Analysts forecast that Meta Platforms, Inc. will post 29.4 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, June 15th. Meta Platforms’s dividend payout ratio is currently 7.63%.

Meta Platforms 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.