Meta Platforms, Inc. $META Stake Cut by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,715 shares of the social networking company’s stock after selling 14,880 shares during the quarter. Meta Platforms makes up 0.8% of Kestra Private Wealth Services LLC’s investment portfolio, making the stock its 15th largest holding. Kestra Private Wealth Services LLC’s holdings in Meta Platforms were worth $68,493,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in META. Norway Savings Bank increased its holdings in shares of Meta Platforms by 7.8% in the 1st quarter. Norway Savings Bank now owns 6,278 shares of the social networking company’s stock valued at $3,592,000 after purchasing an additional 455 shares during the period. Chatterton & Associates Inc. boosted its holdings in shares of Meta Platforms by 7.5% during the first quarter. Chatterton & Associates Inc. now owns 559 shares of the social networking company’s stock worth $351,000 after purchasing an additional 39 shares during the period. Leeward Financial Partners LLC boosted its holdings in shares of Meta Platforms by 6.5% during the first quarter. Leeward Financial Partners LLC now owns 6,855 shares of the social networking company’s stock worth $3,922,000 after purchasing an additional 417 shares during the period. Arta Finance Wealth Management LLC grew its position in Meta Platforms by 3.9% during the first quarter. Arta Finance Wealth Management LLC now owns 13,050 shares of the social networking company’s stock valued at $7,466,000 after purchasing an additional 495 shares in the last quarter. Finally, 25 LLC grew its position in Meta Platforms by 13.5% during the first quarter. 25 LLC now owns 1,222 shares of the social networking company’s stock valued at $699,000 after purchasing an additional 145 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Susquehanna upgraded shares of Meta Platforms from a “positive” rating to a “positive” rating in a research note on Tuesday, June 2nd. Sanford C. Bernstein lowered their price target on shares of Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $900.00 price target on shares of Meta Platforms in a research note on Tuesday, April 21st. Benchmark began coverage on Meta Platforms in a report on Tuesday, June 2nd. They set a “buy” rating for the company. Finally, Wedbush raised Meta Platforms from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $840.60.

Meta Platforms Stock Performance

META stock opened at $550.25 on Monday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The company has a market capitalization 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 12 month low of $520.26 and a 12 month high of $796.25. The firm has a 50 day moving average of $612.28 and a two-hundred day moving average of $630.50.

Meta Platforms (NASDAQ:META) last released its quarterly 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. The business had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter last year, the firm earned $6.43 EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio is presently 7.63%.

Key Stories Impacting Meta Platforms

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.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares in the company, valued at $681,890.56. This trade represents a 65.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, 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. The disclosure for this sale is available in the SEC filing. 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. Over the last ninety days, insiders sold 39,013 shares of company stock valued at $24,115,999. Corporate insiders own 13.53% of the company’s stock.

Meta Platforms Company 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.