Cvfg LLC Buys 3,440 Shares of Meta Platforms, Inc. $META

Cvfg LLC raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 221.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 4,995 shares of the social networking company’s stock after acquiring an additional 3,440 shares during the period. Cvfg LLC’s holdings in Meta Platforms were worth $2,858,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. RHL Group LLC acquired a new stake in shares of Meta Platforms during the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC bought a new stake in shares of Meta Platforms in the 4th quarter valued at $29,000. Niles Investment Management LLC acquired a new position in shares of Meta Platforms during the 4th quarter valued at $29,000. Bayban lifted its position in shares of Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 35 shares during the period. Finally, Safe Harbor Fiduciary LLC bought a new position in Meta Platforms during the fourth quarter worth $42,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

META opened at $656.73 on Tuesday. The firm has a market cap of $1.66 trillion, a P/E ratio of 23.87, a PEG ratio of 1.18 and a beta of 1.25. The firm has a 50-day moving average of $599.00 and a 200 day moving average of $626.80. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.43 earnings per share. On average, research analysts expect that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders 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 dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.63%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on META. Wall Street Zen lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Mizuho cut their price target on Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Truist Financial reduced their price objective on Meta Platforms from $900.00 to $840.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Roth Capital restated a “buy” rating on shares of Meta Platforms in a report on Thursday, April 30th. Finally, Piper Sandler initiated coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “overweight” rating on the stock. Three analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $835.90.

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the sale, the director directly owned 3,443 shares in the company, valued at approximately $2,092,483.25. The trade was a 12.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the completion of the sale, the chief operating officer directly owned 9,498 shares of the company’s stock, valued at $5,708,013.06. This represents a 26.06% 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. In the last ninety days, insiders sold 40,083 shares of company stock valued at $24,628,719. Insiders own 13.53% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: UBS kept a buy rating on Meta while lowering its price target to $766 from $865, implying meaningful upside from current levels and signaling analysts still see room for gains despite recent volatility.
• Positive Sentiment: Multiple articles highlighted Meta’s expanded AI ambitions, including a major scale-up of its Louisiana Hyperion data center to 5 gigawatts and more than $50 billion in projected cost, reinforcing the company’s commitment to AI infrastructure and long-term growth.
• Positive Sentiment: Some market commentary framed Meta as one of the strongest mega-cap AI stories, citing its ability to fund AI investment with a profitable ad business and noting that its new AI model is priced well below rivals, which could help adoption.
• Neutral Sentiment: Several reports focused on technical factors, saying META looked overbought and near resistance, which may be contributing to short-term weakness rather than reflecting a change in fundamentals.
• Negative Sentiment: Investors are also weighing concerns that Meta’s AI spending is rising fast, with 2026 capex now expected at $125 billion to $145 billion, raising questions about near-term returns on investment and pressuring sentiment.
• Negative Sentiment: Meta pulled down an AI image tool after privacy backlash, and the company is facing criticism over AI advertising tools that allegedly create poor results for brands, adding reputational and regulatory noise.
• Negative Sentiment: Additional headlines noted a Chinese regulatory setback on a planned AI acquisition and an EU probe into Facebook and Instagram design features, which could increase legal and compliance uncertainty.

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.