Kiley Juergens Wealth Management LLC Invests $3.11 Million in Meta Platforms, Inc. $META

Kiley Juergens Wealth Management LLC acquired a new position in Meta Platforms, Inc. (NASDAQ:META) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,438 shares of the social networking company’s stock, valued at approximately $3,111,000.

Several other large investors also recently added to or reduced their stakes in META. Canvas Wealth Advisors LLC raised its stake in Meta Platforms by 10.7% in the 1st quarter. Canvas Wealth Advisors LLC now owns 5,650 shares of the social networking company’s stock valued at $3,232,000 after acquiring an additional 545 shares during the period. Walser Wealth Management Company A Ltd Liability Co boosted its position in Meta Platforms by 3.3% during the first quarter. Walser Wealth Management Company A Ltd Liability Co now owns 2,419 shares of the social networking company’s stock worth $1,384,000 after purchasing an additional 77 shares during the period. Cypress Capital LLC increased its stake in shares of Meta Platforms by 13.2% in the first quarter. Cypress Capital LLC now owns 859 shares of the social networking company’s stock worth $491,000 after purchasing an additional 100 shares in the last quarter. Hodges Capital Management Inc. increased its stake in shares of Meta Platforms by 3.9% in the first quarter. Hodges Capital Management Inc. now owns 13,588 shares of the social networking company’s stock worth $7,774,000 after purchasing an additional 510 shares in the last quarter. Finally, Busey Bank raised its position in shares of Meta Platforms by 0.9% in the first quarter. Busey Bank now owns 131,007 shares of the social networking company’s stock valued at $74,953,000 after purchasing an additional 1,195 shares during the period. Hedge funds and other institutional investors own 79.91% 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

Wall Street Analyst Weigh In

Several research analysts recently commented on META shares. Morgan Stanley cut their price objective on shares of Meta Platforms from $825.00 to $775.00 and set an “overweight” rating for the company in a report on Monday, March 30th. Guggenheim lowered their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Roth Capital restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, April 30th. Piper Sandler began coverage on Meta Platforms in a report on Tuesday, June 2nd. They issued an “overweight” rating for the company. Finally, The Goldman Sachs Group cut Meta Platforms from a “buy” rating to a “sell” rating in a research report on Tuesday, June 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $838.26.

Meta Platforms Price Performance

NASDAQ:META traded up $37.73 during mid-day trading on Friday, hitting $669.21. 40,552,700 shares of the stock traded hands, compared to its average volume of 17,389,378. The business’s 50-day moving average price is $598.11 and its 200 day moving average price is $627.10. 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 cap of $1.69 trillion, a PE ratio of 24.33, a price-to-earnings-growth ratio of 1.18 and a beta of 1.25. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25.

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

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is 7.63%.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. This represents a 26.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 dated 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 44,748 shares of company stock worth $27,565,292. Corporate insiders own 13.53% of the company’s stock.

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.