Meta Platforms, Inc. $META Shares Sold by Kercheville Advisors LLC

Kercheville Advisors LLC reduced its holdings in Meta Platforms, Inc. (NASDAQ:META) by 14.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,544 shares of the social networking company’s stock after selling 2,963 shares during the quarter. Meta Platforms accounts for about 3.2% of Kercheville Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Kercheville Advisors LLC’s holdings in Meta Platforms were worth $10,037,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Hixon Zuercher LLC lifted its holdings in shares of Meta Platforms by 2.5% during the 1st quarter. Hixon Zuercher LLC now owns 9,072 shares of the social networking company’s stock valued at $5,190,000 after purchasing an additional 224 shares in the last quarter. Weaver Capital Management LLC grew its position in shares of Meta Platforms by 1.9% in the 1st quarter. Weaver Capital Management LLC now owns 8,353 shares of the social networking company’s stock valued at $4,779,000 after purchasing an additional 157 shares during the period. Nautilus Advisors LLC increased its stake in Meta Platforms by 9.6% during the 1st quarter. Nautilus Advisors LLC now owns 1,551 shares of the social networking company’s stock worth $888,000 after purchasing an additional 136 shares in the last quarter. Faithward Advisors LLC raised its holdings in Meta Platforms by 619.4% during the 1st quarter. Faithward Advisors LLC now owns 4,151 shares of the social networking company’s stock worth $2,375,000 after buying an additional 3,574 shares during the period. Finally, Hamilton Capital Partners LLC raised its holdings in Meta Platforms by 15.3% during the 1st quarter. Hamilton Capital Partners LLC now owns 54,897 shares of the social networking company’s stock worth $31,408,000 after buying an additional 7,281 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In related news, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares in the company, valued at approximately $681,890.56. This trade represents a 65.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 dated Monday, June 1st. The stock was sold at an average price of $629.29, for a total value of $317,162.16. Following the transaction, the director owned 3,943 shares of the company’s stock, valued at $2,481,290.47. The trade was a 11.33% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 quarter. 13.53% of the stock is currently owned by insiders.

Meta Platforms News Summary

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.

Meta Platforms Stock Up 1.4%

META stock opened at $550.25 on Friday. The company has a market cap of $1.39 trillion, a price-to-earnings ratio of 20.00, a P/E/G ratio of 0.97 and a beta of 1.23. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The business has a 50 day moving average price of $612.28 and a two-hundred day moving average price of $630.76. 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 announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. During the same quarter in the prior year, the business posted $6.43 EPS. The business’s revenue was up 33.1% compared to the same quarter last year. Analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Cantor Fitzgerald cut their price target on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Weiss Ratings lowered shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. Roth Mkm reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Thursday, April 30th. Stifel Nicolaus lowered their target price on Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a report on Friday, May 1st. Finally, Susquehanna upgraded Meta Platforms from a “positive” rating to a “positive” rating in a report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $840.60.

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.