PFG Advisors lessened its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 24.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,934 shares of the social networking company’s stock after selling 2,201 shares during the period. PFG Advisors’ holdings in Meta Platforms were worth $3,906,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First National Bank Sioux Falls grew its holdings in Meta Platforms by 0.7% during the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after acquiring an additional 14 shares during the last quarter. Levin Capital Strategies L.P. grew its stake in shares of Meta Platforms by 1.4% in the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after purchasing an additional 14 shares during the last quarter. Vista Capital Partners Inc. increased its holdings in Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after purchasing an additional 14 shares during the period. Arcataur Capital Management LLC raised its position in Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock worth $1,146,000 after purchasing an additional 15 shares during the last quarter. Finally, Acorn Creek Capital LLC lifted its holdings in Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after buying an additional 15 shares during the period. 79.91% of the stock is currently owned by institutional investors.
Key Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Some analysts view META’s decline as excessive, arguing that one-time legal and severance costs have weighed on earnings and that future margin expansion, AI-powered advertising, and WhatsApp monetization could support substantial upside. Meta also remains among the major technology holdings disclosed by Appaloosa Management. Meta’s Dip Offers A 30% Upside Potential
- Neutral Sentiment: A federal child-safety trial has begun in California, with 29 states alleging that Meta designed Facebook and Instagram to encourage compulsive use among younger users, concealed health risks, and violated child-privacy and consumer-protection laws. The states are seeking potentially enormous damages—reported at roughly $200 billion in some filings and as much as $1.4 trillion in broader claims—as well as changes to the platforms. The outcome could establish a precedent for similar lawsuits and regulatory action across the industry. Meta faces 29-state trial that could reshape Instagram and Facebook
- Negative Sentiment: The trial is the immediate catalyst for investor selling because a loss could lead to major financial penalties, costly product changes, and restrictions on how Meta engages younger users—potentially affecting user engagement and advertising revenue. The risk is amplified by Meta’s recent loss of a nearly $1 billion New Mexico judgment and the prospect of additional lawsuits. Meta Stock Sinks as $200B Trial Threatens Facebook and Instagram Ad Revenue
- Negative Sentiment: Investors are also scrutinizing Meta’s AI spending. Large data-center investments are consuming cash, while debt and off-balance-sheet financing arrangements could create future obligations if AI assets underperform. Meta’s recent quarterly EPS miss and margin pressure add to concerns that the AI buildout may take time to generate returns. What Could Meta’s Off-Balance-Sheet AI Financing Mean for Investors?
- Negative Sentiment: Privacy concerns are spreading beyond regulators: U.S. Immigration and Customs Enforcement has barred employees from wearing Meta’s smart glasses at work, adding to reputational and adoption risks for the device business. ICE Bars Its Workers From Wearing Meta’s Smart Glasses on the Job
Analyst Ratings Changes
Read Our Latest Research Report on Meta Platforms
Insider Activity
In other Meta Platforms news, COO Javier Olivan sold 1,258 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $600.00, for a total value of $754,800.00. Following the completion of the sale, the chief operating officer directly owned 1,517 shares of the company’s stock, valued at approximately $910,200. This represents a 45.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the sale, the director owned 2,943 shares of the company’s stock, valued at approximately $1,652,671.08. This trade represents a 14.52% 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. Insiders sold a total of 19,899 shares of company stock worth $12,290,969 over the last quarter. Insiders own 13.53% of the company’s stock.
Meta Platforms Stock Performance
Shares of META opened at $543.82 on Wednesday. The firm has a market capitalization of $1.39 trillion, a P/E ratio of 20.48, a P/E/G ratio of 1.01 and a beta of 1.25. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $790.80. The stock has a 50 day moving average price of $594.80 and a two-hundred day moving average price of $618.43. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion for the quarter, compared to analysts’ expectations of $60.22 billion. During the same period in the previous year, the firm earned $7.14 EPS. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. Equities analysts forecast that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.
Meta Platforms Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 7.91%.
About Meta Platforms
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.
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