Uniting Wealth Partners LLC Sells 918 Shares of Meta Platforms, Inc. $META

Uniting Wealth Partners LLC cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 41.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,292 shares of the social networking company’s stock after selling 918 shares during the quarter. Uniting Wealth Partners LLC’s holdings in Meta Platforms were worth $728,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in META. Trivium Point Advisory LLC increased its stake in shares of Meta Platforms by 30.5% in the second quarter. Trivium Point Advisory LLC now owns 14,485 shares of the social networking company’s stock worth $8,159,000 after purchasing an additional 3,383 shares in the last quarter. First National Bank & Trust Co. of Newtown lifted its stake in shares of Meta Platforms by 10.4% during the 2nd quarter. First National Bank & Trust Co. of Newtown now owns 795 shares of the social networking company’s stock valued at $443,000 after buying an additional 75 shares in the last quarter. Three Arch Wealth Management LLC lifted its stake in shares of Meta Platforms by 31.6% during the 2nd quarter. Three Arch Wealth Management LLC now owns 808 shares of the social networking company’s stock valued at $455,000 after buying an additional 194 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor boosted its holdings in Meta Platforms by 11.4% in the 2nd quarter. Diamond Hill Capital Management LLC Investment Advisor now owns 163,309 shares of the social networking company’s stock worth $91,990,000 after buying an additional 16,720 shares during the period. Finally, HBK Sorce Advisory LLC boosted its holdings in Meta Platforms by 0.3% in the 2nd quarter. HBK Sorce Advisory LLC now owns 21,340 shares of the social networking company’s stock worth $12,565,000 after buying an additional 73 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms News Summary

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

• Positive Sentiment: Meta’s Muse agent can perform tasks across Meta and third-party applications, including sending emails, booking travel, shopping and making payments. Free and paid tiers—reportedly priced as high as $100 per month—give investors a potential subscription revenue stream and a clearer path to monetizing AI infrastructure. Meta launches AI agent that can access other apps, send emails and make payments
• Positive Sentiment: Meta said early interest in Muse has exceeded expectations, boosting confidence that the product could achieve broad adoption across Facebook, Instagram and WhatsApp. Analysts remain constructive, with KeyBanc reaffirming an Overweight rating and a $780 price target. Meta says interest in its new AI agent has exceeded expectations
• Positive Sentiment: Market chatter indicates Meta acquired Stilla.ai to advance its Business Agent initiative. If confirmed, the deal could strengthen Meta’s tools for business automation, commerce and customer interactions. Market chatter on Meta’s acquisition of Stilla.ai
• Positive Sentiment: Anthropic reportedly posted a high-paying sales role aimed at Meta, highlighting Meta’s importance as a major AI customer and suggesting continued demand for advanced AI models and infrastructure. The posting was later removed. Anthropic posted and deleted a sales job targeting Meta
• Neutral Sentiment: Meta’s planned data-center expansion and optical-network agreements support its long-term AI ambitions, but the associated capital spending could pressure margins before agent subscriptions and other AI products become profitable. Meta’s AI capital-spending plans
• Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta less than a year after reportedly receiving a billion-dollar compensation package. The departure raises concerns about retaining elite AI talent during an increasingly competitive hiring cycle. Star AI researcher leaves Meta
• Negative Sentiment: Muse’s ability to access sensitive data and act across applications increases privacy, security and regulatory risks. Meta also faces litigation over alleged crypto-scam advertising, while its chief accounting officer sold shares under a pre-arranged Rule 10b5-1 plan.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays lowered their target price on shares of Meta Platforms from $830.00 to $780.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $800.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. Citizens Jmp reduced their price target on Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating for the company in a research report on Thursday, July 30th. Evercore reiterated an “outperform” rating on shares of Meta Platforms in a research note on Thursday, July 30th. Finally, Citigroup dropped their price objective on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $785.22.

Meta Platforms Stock Performance

NASDAQ META opened at $653.69 on Thursday. The company’s 50 day simple moving average is $599.05 and its two-hundred day simple moving average is $608.74. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The stock has a market capitalization of $1.67 trillion, a PE ratio of 24.62, a P/E/G ratio of 1.06 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last released its quarterly 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 firm had revenue of $60.80 billion for the quarter, compared to analysts’ expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter last year, the firm earned $7.14 earnings per share. Analysts predict that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Insider Activity at Meta Platforms

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares of the company’s stock, valued at $3,875,854.26. This trade represents a 34.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer owned 828 shares of the company’s stock, valued at approximately $462,024. This trade represents a 90.46% 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. Insiders have sold 36,227 shares of company stock valued at $21,205,509 in the last ninety days. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Company Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.