Future Fund LLC Lowers Holdings in Meta Platforms, Inc. $META

Future Fund LLC decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 46.7% during the first quarter, Holdings Channel.com reports. The firm owned 2,991 shares of the social networking company’s stock after selling 2,620 shares during the period. Future Fund LLC’s holdings in Meta Platforms were worth $1,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares in the last quarter. Headwater Capital Co Ltd boosted its stake in shares of Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Meta Platforms during the second quarter worth approximately $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms in the 2nd quarter valued at $322,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: A Florida teen dropped his lawsuit against Meta over alleged social-media addiction harms ahead of trial, reducing legal overhang and removing a potential headline risk for the company.
• Positive Sentiment: Jefferies said Meta’s AI glasses could become a long-term hardware growth driver, noting strong early product reception and Meta’s first-mover advantage in shipping AI glasses at scale.
• Positive Sentiment: Multiple reports highlighted strong demand for AI infrastructure led by Meta, including record hyperscaler leasing and speculation around a large compute deal with Anthropic, reinforcing confidence in Meta’s AI spending strategy.
• Positive Sentiment: Wells Fargo and Rothschild & Co Redburn both raised price targets on Meta, signaling that some Wall Street analysts remain constructive on the stock’s longer-term upside.
• Neutral Sentiment: Meta continues to face mixed sentiment around its AI push, including scrutiny over heavy capital spending and broader concerns about big-tech debt and future infrastructure commitments.
• Neutral Sentiment: Commentary comparing Meta with other Magnificent 7 names suggests investors are watching upcoming earnings closely for signs that the company can re-accelerate enthusiasm around the stock.
• Negative Sentiment: Analysts cited by Zacks warned Meta may report weaker earnings growth in its upcoming results, which could weigh on sentiment if the company disappoints expectations.
• Negative Sentiment: Several articles continued to focus on regulatory and legal risks tied to social-media harms, including criticism of Meta’s platforms and broader scrutiny of addictive features.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the transaction, the chief operating officer owned 9,498 shares in the company, valued at approximately $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. 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, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, the chief technology officer directly owned 414 shares of the company’s stock, valued at $251,641.62. This represents a 94.99% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 37,948 shares of company stock worth $23,184,319. 13.53% of the stock is owned by company insiders.

Meta Platforms Stock Down 2.6%

Shares of NASDAQ META opened at $627.17 on Thursday. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The business’s 50 day moving average is $605.14 and its two-hundred day moving average is $626.29. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.07 and a beta of 1.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the previous year, the business earned $6.43 EPS. The company’s quarterly revenue was up 33.1% compared to the same quarter last year. Research analysts predict that Meta Platforms, Inc. will post 30.04 EPS for the current year.

Meta Platforms Dividend Announcement

The firm 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. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio is currently 7.63%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on META. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Cantor Fitzgerald dropped their price objective on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. The Goldman Sachs Group downgraded shares of Meta Platforms from a “buy” rating to a “sell” rating in a research note on Tuesday, June 2nd. Citizens Jmp decreased their target price on shares of Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a report on Friday, July 10th. Finally, Benchmark assumed coverage on shares of Meta Platforms in a research report on Tuesday, June 2nd. They set a “buy” rating on the stock. Five analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $835.64.

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.