BTC Capital Management Inc. Acquires 1,932 Shares of Meta Platforms, Inc. $META

BTC Capital Management Inc. raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,134 shares of the social networking company’s stock after acquiring an additional 1,932 shares during the quarter. Meta Platforms makes up 1.9% of BTC Capital Management Inc.’s portfolio, making the stock its 12th largest holding. BTC Capital Management Inc.’s holdings in Meta Platforms were worth $28,101,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of META. RHL Group LLC purchased a new position in Meta Platforms during the fourth quarter valued at $28,000. Strategic Wealth Advisors LLC bought a new stake in Meta Platforms during the fourth quarter valued at about $29,000. Niles Investment Management LLC purchased a new stake in Meta Platforms in the fourth quarter worth about $29,000. Safe Harbor Fiduciary LLC purchased a new stake in Meta Platforms in the fourth quarter worth about $42,000. Finally, Key Capital Management INC bought a new position in shares of Meta Platforms in the fourth quarter worth about $48,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 1.4%

NASDAQ META opened at $550.25 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market capitalization of $1.39 trillion, a P/E ratio of 20.00, a P/E/G ratio of 0.97 and a beta of 1.23. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The stock has a 50 day moving average price of $612.28 and a 200-day moving average price of $630.76.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $55.56 billion. During the same quarter last year, the business earned $6.43 earnings per share. Meta Platforms’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, equities analysts predict that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.63%.

Meta Platforms News Roundup

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

• Positive Sentiment: Wedbush’s Dan Ives said Meta is being treated like a “bear market” stock despite its central role in the AI buildout, arguing the recent selloff is more about short-term impatience than a broken AI thesis.
• Positive Sentiment: Analyst commentary said Meta’s AI push is driving revenue growth, stronger ad engagement, and rising user activity, supporting the case for further upside.
• Positive Sentiment: Qualcomm’s new AI data-center push and partnerships with Meta and Microsoft reinforce Meta’s role in major AI infrastructure deals, which may support long-term growth expectations. Qualcomm stock jumps on AI data center push, Meta and Microsoft deals
• Positive Sentiment: One article framed Meta as one of the most attractive mega-cap tech names after the 2026 selloff, suggesting the stock could have meaningful recovery potential from current levels.
• Neutral Sentiment: Mark Zuckerberg is reportedly pushing Meta to explore working with prediction-market platforms Polymarket and Kalshi as part of an Arena app aimed at younger users, which could expand engagement but is still early-stage. Mark Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
• Neutral Sentiment: Consumer-sentiment commentary said Meta continues to keep users on its platforms longer, but investor sentiment remains weighed down by AI spending concerns. Ca$htag$: Is META Winning Over Consumers?
• Negative Sentiment: Meta is facing fresh legal and reputational pressure after Sarah Wynn-Williams accused the company of surveilling her to silence criticism, adding to headline risk around the stock.
• Negative Sentiment: Multiple reports continue to highlight investor concern that Meta’s aggressive AI infrastructure spending is compressing near-term cash flow, which has been a major factor behind the stock’s weakness.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Raymond James Financial raised Meta Platforms from an “underperform” rating to an “outperform” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. restated a “neutral” rating and set a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. UBS Group downgraded shares of Meta Platforms from a “buy” rating to a “neutral” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group lowered shares of Meta Platforms from a “buy” rating to a “sell” rating in a research report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $810.00 price objective on shares of Meta Platforms in a research note on Monday, June 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $840.60.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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, insider Curtis J. Mahoney sold 2,079 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total value of $1,268,023.68. Following the sale, the insider directly owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 39,013 shares of company stock worth $24,115,999. Insiders own 13.53% of the company’s stock.

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.