Strategic Family Wealth Counselors L.L.C. Raises Holdings in Meta Platforms, Inc. $META

Strategic Family Wealth Counselors L.L.C. grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 138.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,122 shares of the social networking company’s stock after buying an additional 2,393 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in Meta Platforms were worth $2,490,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms during the third quarter worth about $26,000. Strategic Wealth Advisors LLC purchased a new position in shares of Meta Platforms during the fourth quarter worth about $29,000. Key Capital Management INC purchased a new position in shares of Meta Platforms during the fourth quarter worth about $48,000. Fairway Wealth LLC grew its holdings in shares of Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after purchasing an additional 21 shares during the last quarter. Finally, Merrithew & Thorsten Inc purchased a new position in shares of Meta Platforms during the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 837 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $609.35, for a total transaction of $510,025.95. Following the completion of the sale, the chief operating officer directly owned 14,660 shares of the company’s stock, valued at approximately $8,933,071. This trade represents a 5.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction that occurred 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 directly owned 13,186 shares in the company, valued at $8,014,978.24. This 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. In the last ninety days, insiders sold 152,728 shares of company stock valued at $96,925,217. 13.53% of the stock is owned by company insiders.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
• Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
• Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
• Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
• Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
• Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.

Analyst Ratings Changes

Several brokerages have issued reports on META. Robert W. Baird raised their price objective on Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft raised their price objective on Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Pivotal Research dropped their price objective on Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Finally, Erste Group Bank lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $840.19.

Meta Platforms Stock Up 0.5%

Meta Platforms stock opened at $610.26 on Friday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The stock has a 50 day moving average of $617.68 and a two-hundred day moving average of $637.00. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.07 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. During the same period last year, the firm earned $6.43 EPS. The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. As a group, research analysts expect that Meta Platforms, Inc. will post 29.49 earnings per share for the current year.

Meta Platforms Company 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.