Kathmere Capital Management LLC Has $4.61 Million Stake in Meta Platforms, Inc. $META

Kathmere Capital Management LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 28.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,054 shares of the social networking company’s stock after purchasing an additional 1,780 shares during the period. Kathmere Capital Management LLC’s holdings in Meta Platforms were worth $4,608,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Appleton Partners Inc. MA lifted its holdings in shares of Meta Platforms by 1.4% in the first quarter. Appleton Partners Inc. MA now owns 33,952 shares of the social networking company’s stock valued at $19,425,000 after purchasing an additional 463 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Meta Platforms by 8.2% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 103,184 shares of the social networking company’s stock valued at $59,126,000 after buying an additional 7,780 shares in the last quarter. Whittier Trust Co. raised its position in Meta Platforms by 6.6% during the first quarter. Whittier Trust Co. now owns 257,540 shares of the social networking company’s stock valued at $147,576,000 after buying an additional 15,974 shares during the period. Bogart Wealth LLC raised its position in Meta Platforms by 1.2% during the first quarter. Bogart Wealth LLC now owns 26,682 shares of the social networking company’s stock valued at $15,265,000 after buying an additional 320 shares during the period. Finally, Dividend Assets Capital LLC lifted its stake in Meta Platforms by 23.5% in the 1st quarter. Dividend Assets Capital LLC now owns 1,331 shares of the social networking company’s stock worth $761,000 after acquiring an additional 253 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $669.21 on Friday. The business’s 50-day moving average price is $598.11 and its two-hundred day moving average price is $627.10. 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, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a market capitalization of $1.69 trillion, a P/E ratio of 24.33, a price-to-earnings-growth ratio of 1.11 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business’s quarterly revenue was up 33.1% on a year-over-year basis. During the same period last year, the business earned $6.43 EPS. Analysts anticipate that Meta Platforms, Inc. will post 29.46 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed 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 was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.63%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on META shares. Truist Financial decreased their price objective on Meta Platforms from $900.00 to $840.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. UBS Group downgraded Meta Platforms from a “buy” rating to a “neutral” rating in a report on Tuesday, June 2nd. Wolfe Research reduced their price target on shares of Meta Platforms from $850.00 to $800.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Royal Bank Of Canada restated an “outperform” rating and set a $810.00 price target on shares of Meta Platforms in a report on Monday, June 1st. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $1,015.00 price objective on shares of Meta Platforms in a research report on Thursday, May 28th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $838.26.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the sale, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction 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 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 44,748 shares of company stock worth $27,565,292 in the last ninety days. Insiders own 13.53% of the company’s stock.

Meta Platforms News Summary

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

• Positive Sentiment: Meta’s latest AI push is drawing bullish attention, including the launch of Muse Spark 1.1, expanded developer access through its Model API, and reports that the company plans to start producing an in-house AI chip in September. Investors are betting these moves could lower compute costs, reduce reliance on Nvidia and AMD, and open new revenue streams beyond advertising. Article Title
• Positive Sentiment: Meta is also benefiting from optimism around its cloud and AI infrastructure ambitions, including a new C$13 billion data center in Alberta and commentary that the company may be building a stronger long-term “AI revenue stack” than the market currently prices in. Article Title
• Positive Sentiment: Several analysts and commentators are still constructive on META, with bullish notes saying the stock looks attractively valued relative to its AI growth potential and that recent weakness created an opportunity for long-term investors. Article Title
• Neutral Sentiment: Citizens JMP trimmed its price target to $800 from $825 while maintaining an outperform rating, suggesting continued upside but a slightly more cautious near-term view on valuation and spending. Article Title
• Negative Sentiment: Meta faces renewed regulatory risk after the European Union said Facebook and Instagram may violate the Digital Services Act with “addictive” design features such as infinite scroll, autoplay, and push notifications, potentially exposing the company to fines and product changes. Article Title
• Negative Sentiment: Separate reporting also highlighted investor concern that Meta’s aggressive AI capex could pressure margins if monetization takes longer than expected, even though the market is currently rewarding the strategy. Article Title

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.