Janney Montgomery Scott LLC Buys 17,710 Shares of Meta Platforms, Inc. $META

Posted by Don Miller on Jul 3rd, 2026

Janney Montgomery Scott LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 550,613 shares of the social networking company’s stock after purchasing an additional 17,710 shares during the quarter. Meta Platforms accounts for approximately 0.8% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 16th largest position. Janney Montgomery Scott LLC’s holdings in Meta Platforms were worth $315,023,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. RHL Group LLC bought a new stake in shares of Meta Platforms during the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC bought a new position in Meta Platforms in the fourth quarter valued at approximately $29,000. Safe Harbor Fiduciary LLC bought a new position in Meta Platforms in the fourth quarter valued at approximately $42,000. Key Capital Management INC acquired a new position in Meta Platforms during the fourth quarter valued at approximately $48,000. Finally, Entrust Financial LLC bought a new stake in Meta Platforms during the fourth quarter worth $48,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Down 4.9%

Shares of NASDAQ META opened at $582.88 on Friday. The company has a 50 day simple moving average of $604.62 and a 200 day simple moving average of $628.52. The firm has a market cap of $1.47 trillion, a PE ratio of 21.19, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. 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 (NASDAQ:META – Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 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 the consensus estimate of $55.56 billion. During the same period last year, the company earned $6.43 EPS. The firm’s revenue was up 33.1% compared to the same quarter last year. On average, research analysts forecast that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

META has been the topic of a number of research analyst reports. UBS Group downgraded Meta Platforms from a “buy” rating to a “neutral” rating in a report on Tuesday, June 2nd. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Susquehanna raised shares of Meta Platforms from a “positive” rating to a “positive” rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Finally, Tigress Financial boosted their target price on shares of Meta Platforms from $935.00 to $945.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, March 18th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $840.64.

Get Our Latest Analysis on Meta Platforms

Meta Platforms News Roundup

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

Positive Sentiment: Reports that Meta is building a cloud business to sell excess AI compute have fueled a sharp rally, as investors see a fresh way to turn heavy AI investment into revenue. Zuckerberg says AI agent development going slower than expected
Positive Sentiment: Wall Street has reacted favorably to the cloud-compute plan, with analysts and media coverage suggesting the strategy could become a multi-billion-dollar business and improve META’s monetization profile. Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Positive Sentiment: Unusual options activity showed strong investor demand for upside exposure, suggesting traders are positioning for further gains if Meta confirms the cloud strategy. Jim Cramer Says Meta Is Entering AI’s ‘Most Lucrative Game’
Neutral Sentiment: Meta also rolled out a new AI-powered gaming app called Pocket, which highlights continued product experimentation but is not yet a major earnings driver. Meta quietly launches vibe-coded gaming app Pocket
Neutral Sentiment: Meta announced it is joining a video distribution patent pool, which could reduce legal friction around video content but is unlikely to move the stock on its own. Access Advance Welcomes Meta Platforms, Inc. and Alibaba Group to the Video Distribution Patent Pool
Negative Sentiment: Mark Zuckerberg said AI agent development has been progressing more slowly than expected, a reminder that Meta’s broader AI ambitions may take longer to pay off. Zuckerberg says AI agent development going slower than expected
Negative Sentiment: India asked Meta to delay WhatsApp usernames over fraud concerns, adding regulatory risk around a feature tied to WhatsApp monetization and privacy efforts. India asks Meta to hold WhatsApp username rollout over fraud fears
Negative Sentiment: Meta also lost a bid to dismiss a states’ lawsuit over Facebook and Instagram addiction claims, which keeps legal overhang in focus. Meta loses bid to dismiss states’ lawsuit over Facebook and Instagram addiction claims

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 140 shares of Meta Platforms stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $600.00, for a total transaction of $84,000.00. Following the transaction, the chief operating officer directly owned 12,846 shares of the company’s stock, valued at approximately $7,707,600. The trade was a 1.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 504 shares of Meta Platforms stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $629.29, for a total value of $317,162.16. Following the transaction, the director directly owned 3,943 shares in the company, valued at $2,481,290.47. The trade was a 11.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 39,013 shares of company stock valued at $24,115,999 over the last 90 days. 13.53% of the stock is owned by insiders.

Meta Platforms Company Profile

(Free Report)

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.