Henrickson Nauta Wealth Advisors Inc. Has $870,000 Stake in Meta Platforms, Inc. $META

Henrickson Nauta Wealth Advisors Inc. lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 40.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,520 shares of the social networking company’s stock after selling 1,020 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in Meta Platforms were worth $870,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of META. First National Bank Sioux Falls raised its holdings in shares of Meta Platforms by 0.7% during 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 purchasing an additional 14 shares during the period. Levin Capital Strategies L.P. increased its position in 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 buying an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its stake in 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 buying an additional 14 shares during the period. Arcataur Capital Management LLC raised its stake in 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 worth $1,146,000 after buying an additional 15 shares during the period. Finally, Acorn Creek Capital LLC boosted its holdings in Meta Platforms by 0.7% in 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.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta and EssilorLuxottica launched a new, lower-priced line of AI smart glasses starting at $299, which could broaden adoption of Meta’s wearables strategy and support future hardware revenue. Reuters article
• Positive Sentiment: Meta is reportedly building an independent prediction markets app, “Arena,” signaling another potential product category that could increase user engagement and open a new monetization avenue. New York Times article
• Positive Sentiment: Analysts and bullish commentary continue to point to strong AI monetization potential and meaningful upside in Meta shares, suggesting investors still see long-term value despite recent weakness. Reuters article
• Neutral Sentiment: Meta is expanding Instagram TV-style features to more devices and adding AI-powered video tools, a sign of continued product iteration aimed at boosting engagement. Zacks article
• Neutral Sentiment: Meta named Indian fintech founder Kunal Shah to lead WhatsApp and invested $900 million in CRED, highlighting a push to diversify monetization around messaging and India. Reuters article
• Negative Sentiment: The European Union is escalating its probe into whether Facebook and Instagram use addictive design features that harm children, adding to Meta’s regulatory risk in Europe. Reuters article
• Negative Sentiment: The Trump administration is reportedly pressing Meta to submit its AI models for voluntary security review, raising the possibility of more oversight and compliance costs. Reuters article
• Negative Sentiment: Meta also paused an internal mouse-tracking program after data-security concerns, reinforcing investor worries about privacy and workplace-data issues. Reuters article

Insiders Place Their Bets

In other news, COO Javier Olivan sold 140 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $600.00, for a total transaction of $84,000.00. Following the completion of the sale, the chief operating officer owned 12,846 shares in the company, valued at $7,707,600. This trade represents a 1.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 504 shares of Meta Platforms stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $629.29, for a total transaction of $317,162.16. Following the completion of the sale, the director directly owned 3,943 shares in the company, valued at $2,481,290.47. This trade represents a 11.33% 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. Over the last 90 days, insiders have sold 39,013 shares of company stock valued at $24,115,999. Company insiders own 13.53% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of several recent research reports. Arete Research set a $735.00 price objective on Meta Platforms and gave the company a “buy” rating in a report on Tuesday, June 2nd. Stifel Nicolaus cut their target price on Meta Platforms from $805.00 to $780.00 and set a “buy” rating on the stock in a report on Friday, May 1st. 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 report on Thursday, April 30th. Susquehanna upgraded shares of Meta Platforms from a “positive” rating to a “positive” rating in a research note on Tuesday, June 2nd. Finally, Tigress Financial raised their price objective on shares of Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a research note on Wednesday, March 18th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus target price of $840.60.

Meta Platforms Stock Down 0.3%

Shares of NASDAQ:META opened at $562.20 on Wednesday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market capitalization of $1.42 trillion, a PE ratio of 20.44, a price-to-earnings-growth ratio of 1.00 and a beta of 1.23. The business has a fifty day moving average price of $618.63 and a two-hundred day moving average price of $632.97. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business posted $6.43 EPS. Analysts forecast that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a $0.525 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s payout ratio is currently 7.63%.

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.