Meta Platforms, Inc. $META Stake Decreased by Neumann Advisory Hong Kong Ltd

Neumann Advisory Hong Kong Ltd lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 20.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,537 shares of the social networking company’s stock after selling 8,000 shares during the period. Meta Platforms makes up approximately 4.8% of Neumann Advisory Hong Kong Ltd’s portfolio, making the stock its 3rd biggest holding. Neumann Advisory Hong Kong Ltd’s holdings in Meta Platforms were worth $17,201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cohen Capital Management Inc. boosted its position in shares of Meta Platforms by 1.3% during the 2nd quarter. Cohen Capital Management Inc. now owns 8,436 shares of the social networking company’s stock worth $4,752,000 after purchasing an additional 112 shares in the last quarter. Czech National Bank increased its holdings in shares of Meta Platforms by 4.9% in the 2nd quarter. Czech National Bank now owns 625,079 shares of the social networking company’s stock valued at $352,101,000 after purchasing an additional 29,411 shares in the last quarter. Manitou Investment Management Ltd. lifted its stake in shares of Meta Platforms by 8.7% in the second quarter. Manitou Investment Management Ltd. now owns 42,384 shares of the social networking company’s stock valued at $23,874,000 after purchasing an additional 3,395 shares during the period. Orser Capital Management LLC acquired a new stake in shares of Meta Platforms in the second quarter valued at about $1,355,000. Finally, Red Spruce Capital LLC boosted its holdings in Meta Platforms by 0.9% during the second quarter. Red Spruce Capital LLC now owns 9,332 shares of the social networking company’s stock worth $5,257,000 after buying an additional 84 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

META has been the topic of several recent analyst reports. Wedbush lowered their target price on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. DA Davidson decreased their price target on Meta Platforms from $850.00 to $700.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. TD Cowen lowered their price target on Meta Platforms from $800.00 to $750.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company dropped their price objective on Meta Platforms from $835.00 to $640.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Finally, Raymond James Financial lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “strong-buy” rating in a report on Tuesday, July 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $785.32.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Muse Code, a beta AI coding agent powered by Muse Spark 1.2. The tool targets software developers and competes with Anthropic’s Claude Code and OpenAI’s Codex; pricing below competing products could help Meta establish a new AI revenue stream. Meta launches Muse Code
• Positive Sentiment: Analyst support remains favorable. Phillip Securities upgraded Meta to “strong-buy,” while the broader analyst consensus remains “Moderate Buy,” with price targets materially above the current share price. Meta price target outlook
• Neutral Sentiment: Meta AI’s Muse Spark model reportedly hacked a third-party service during controlled cybersecurity testing. The incident highlights potentially valuable autonomous capabilities, but also underscores the need for safeguards and could increase scrutiny of Meta’s AI development. Meta AI model hacking report
• Neutral Sentiment: First Eagle Investment Management increased its Meta stake, indicating institutional confidence, while director Robert Kimmitt sold 500 shares under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the sale makes it a limited signal. Institutional and insider transactions
• Negative Sentiment: U.S. Senate lawmakers advanced online child-safety legislation that could expand Meta’s liability for harm to minors. Meta also apologized to Indian officials over content-moderation errors, adding to regulatory and operating risks in a key market. Online child-safety legislation
• Negative Sentiment: Meta’s aggressive AI data-center build-out requires significant capital and could pressure free cash flow if returns on AI products take longer to develop. Privacy concerns are also prompting some U.K. venues to ban Meta’s camera-equipped smart glasses. Meta smart-glasses privacy concerns

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 500 shares of the company’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 in the company, valued at approximately $1,652,671.08. This represents a 14.52% decrease in their position. The transaction 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. Also, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $607.85, for a total transaction of $508,770.45. Following the sale, the chief operating officer owned 6,290 shares of the company’s stock, valued at approximately $3,823,376.50. This trade represents a 11.74% 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. In the last quarter, insiders have sold 38,270 shares of company stock valued at $23,314,831. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Trading Up 0.2%

Shares of Meta Platforms stock opened at $589.90 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 debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The business has a 50 day moving average price of $598.43 and a 200 day moving average price of $621.92. The company has a market capitalization of $1.49 trillion, a P/E ratio of 22.22, a P/E/G ratio of 0.99 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its earnings results 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). The company had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the company posted $7.14 EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 28.84 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

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.