WBH Advisory Inc. Has $2.48 Million Stock Position in Meta Platforms, Inc. $META

WBH Advisory Inc. increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 24.5% during the first quarter, Holdings Channel reports. The firm owned 4,273 shares of the social networking company’s stock after acquiring an additional 842 shares during the period. WBH Advisory Inc.’s holdings in Meta Platforms were worth $2,475,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd boosted its position in shares of Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Meta Platforms in the second quarter valued at approximately $213,000. Finally, Capital & Planning LLC bought a new position in Meta Platforms in the second quarter valued at approximately $322,000. Institutional investors own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Meta launched Muse Spark 1.1, an upgraded multimodal AI model with agentic coding features and public developer access, signaling a more serious push into enterprise AI and paid API usage. Meta enters the crowded AI coding battle with Muse Spark 1.1
• Positive Sentiment: Reports that Meta plans to start manufacturing its own AI chip in September point to a potential reduction in GPU costs and better control over future AI infrastructure spending. Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
• Positive Sentiment: Meta’s expanding AI infrastructure buildout, including a new large data center in Canada and a reported 250MW energy supply agreement, supports the view that the company is preparing for much larger AI demand. Meta plans billions for first AI data center in Canada, largest outside the US
• Positive Sentiment: Analyst commentary and bullish articles argue Meta’s heavy AI spending could eventually translate into higher margins, compute monetization, and stronger ad products, helping justify the stock’s valuation. Alphabet vs. Meta: Which AI Stock Is the Better Buy Right Now?
• Neutral Sentiment: Some coverage notes Meta’s valuation, aggressive capex, and competition from OpenAI, Anthropic, and Google, which keeps investor expectations balanced even as AI momentum improves. META’s $9B AI Infrastructure Bet, Cloud Ambitions: Is the Stock a Buy?
• Negative Sentiment: There are still concerns that Meta is spending heavily on AI before proving enough near-term returns, and one report said the stock had dipped earlier as capex worries resurfaced. Meta Stock Dips as AI Capex Concerns Arise

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of the company’s 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 transaction, the chief operating officer directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the transaction, the director directly owned 3,443 shares of the company’s stock, valued at $2,092,483.25. The trade was a 12.68% decrease in their position. 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 have sold 44,748 shares of company stock valued at $27,565,292 in the last ninety days. 13.53% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on META shares. Morgan Stanley cut their target price on Meta Platforms from $825.00 to $775.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. TD Cowen lowered their price target on Meta Platforms from $820.00 to $800.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Arete Research set a $735.00 price objective on Meta Platforms and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Wedbush raised Meta Platforms from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 2nd. Finally, Truist Financial decreased their target price on Meta Platforms from $900.00 to $840.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Three 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.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus price target of $840.64.

Meta Platforms Trading Up 4.7%

Shares of META stock opened at $631.48 on Friday. 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 firm has a market capitalization of $1.60 trillion, a P/E ratio of 22.95, a P/E/G ratio of 1.06 and a beta of 1.25. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The stock’s fifty day simple moving average is $598.10 and its 200 day simple moving average is $626.80.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the firm posted $6.43 earnings per share. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 29.46 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. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.63%.

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.