GC Wealth Management RIA LLC Has $205.41 Million Position in Meta Platforms, Inc. $META

GC Wealth Management RIA LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 9.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 359,025 shares of the social networking company’s stock after acquiring an additional 32,310 shares during the period. Meta Platforms comprises approximately 8.5% of GC Wealth Management RIA LLC’s portfolio, making the stock its 2nd biggest holding. GC Wealth Management RIA LLC’s holdings in Meta Platforms were worth $205,409,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Klingman & Associates LLC grew its position in shares of Meta Platforms by 3.3% during the first quarter. Klingman & Associates LLC now owns 6,702 shares of the social networking company’s stock valued at $3,835,000 after purchasing an additional 216 shares in the last quarter. CLG LLC grew its holdings in Meta Platforms by 3.4% during the 1st quarter. CLG LLC now owns 1,183 shares of the social networking company’s stock valued at $677,000 after buying an additional 39 shares in the last quarter. Modern Wealth Management LLC increased its stake in Meta Platforms by 6.5% in the 1st quarter. Modern Wealth Management LLC now owns 20,077 shares of the social networking company’s stock worth $11,629,000 after acquiring an additional 1,226 shares during the last quarter. Keebeck Wealth Management increased its stake in Meta Platforms by 24.4% in the 1st quarter. Keebeck Wealth Management now owns 8,735 shares of the social networking company’s stock worth $4,998,000 after acquiring an additional 1,715 shares during the last quarter. Finally, Orleans Capital Management Corp LA raised its holdings in shares of Meta Platforms by 58.2% during the 1st quarter. Orleans Capital Management Corp LA now owns 3,970 shares of the social networking company’s stock worth $2,271,000 after acquiring an additional 1,460 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Summary

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

• Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
• Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
• Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
• Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
• Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

Insider Activity

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,195 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their position. The SEC filing for this sale provides additional information. 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 90 days, insiders have sold 37,859 shares of company stock valued at $23,087,979. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Stock Down 0.1%

NASDAQ META opened at $593.41 on Wednesday. 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, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 21.57, a PEG ratio of 1.00 and a beta of 1.25. The company has a fifty day moving average of $603.98 and a two-hundred day moving average of $624.67.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate 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%. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.43 earnings per share. On average, analysts predict that Meta Platforms, Inc. will post 29.51 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on META. Cantor Fitzgerald decreased 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. Arete Research set a $735.00 price objective on shares of Meta Platforms and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Bank of America reduced their target price on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Wells Fargo & Company increased their price target on shares of Meta Platforms from $767.00 to $835.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $835.64.

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.