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

Henrickson Nauta Wealth Advisors Inc. cut its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 40.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms during the third quarter worth $26,000. RHL Group LLC acquired a new stake in shares of Meta Platforms during the 4th quarter valued at $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms during the 4th quarter valued at $29,000. Niles Investment Management LLC bought a new stake in Meta Platforms during the 4th quarter worth $29,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Meta Platforms during the 4th quarter worth $42,000. Institutional investors own 79.91% of the company’s stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 504 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $629.29, for a total transaction of $317,162.16. Following the sale, the director owned 3,943 shares of the company’s stock, valued at approximately $2,481,290.47. This represents a 11.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 140 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $600.00, for a total value of $84,000.00. Following the sale, the chief operating officer owned 12,846 shares of the company’s stock, valued at approximately $7,707,600. The trade was a 1.08% 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. Insiders sold a total of 39,013 shares of company stock worth $24,115,999 over the last three months. 13.53% of the stock is owned by company insiders.

Meta Platforms Price Performance

Meta Platforms stock opened at $562.20 on Wednesday. The stock’s 50 day moving average is $618.63 and its 200 day moving average is $632.97. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The firm has a market cap of $1.42 trillion, a P/E ratio of 20.44, a P/E/G ratio of 1.00 and a beta of 1.23. 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 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the prior year, the firm posted $6.43 EPS. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. As a group, research analysts expect that Meta Platforms, Inc. will post 29.35 EPS for the current year.

Meta Platforms Dividend Announcement

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

Key Meta Platforms News

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

Analyst Ratings Changes

Several equities analysts have commented on the company. Citizens Jmp reiterated a “market outperform” rating and issued a $900.00 target price on shares of Meta Platforms in a research report on Tuesday, April 21st. Guggenheim reduced their price target on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. The Goldman Sachs Group downgraded Meta Platforms from a “buy” rating to a “sell” rating in a research note on Tuesday, June 2nd. Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $840.60.

About Meta Platforms

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.