Meta Platforms, Inc. $META Shares Purchased by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 11,515 shares of the social networking company’s stock after buying an additional 1,262 shares during the quarter. San Luis Wealth Advisors LLC’s holdings in Meta Platforms were worth $6,486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of META. Vanguard Group Inc. lifted its holdings in shares of Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after buying an additional 7,269,279 shares during the period. Auto Owners Insurance Co grew its holdings in Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after acquiring an additional 105,154,977 shares during the period. State Street Corp raised its position in Meta Platforms by 5.1% in the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after acquiring an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC raised its position in Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock worth $34,734,628,000 after acquiring an additional 878,396 shares in the last quarter. Finally, Capital World Investors lifted its holdings in Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock valued at $26,112,735,000 after acquiring an additional 310,947 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta’s AI investments are showing measurable benefits: second-quarter revenue increased 28% year over year to $60.8 billion, while AI-driven ad ranking reportedly lifted clicks and conversions. Advantage+ reached a $75 billion annual revenue run rate, supporting the argument that AI can improve monetization and eventually offset heavy infrastructure spending. Meta’s AI Payoff Has Already Begun
• Positive Sentiment: Some analysts and institutional investors remain constructive, viewing the recent selloff as excessive and citing future margin expansion, WhatsApp monetization and additional AI businesses as potential upside drivers. Meta also remains a major holding among several large investment firms. Meta’s Dip Offers A 30% Upside Potential
• Neutral Sentiment: Options traders are reportedly using range-bound strategies, indicating that markets may expect elevated volatility but no immediate decisive move while the legal proceedings unfold. Meta’s legal troubles has options traders eyeing the jade lizard
• Neutral Sentiment: CFO Susan Li sold 2,127 shares to cover tax withholding tied to vested equity awards. Because the transaction was described as tax-related rather than discretionary, it is unlikely to materially change the investment thesis. Susan Li Sells Meta Shares
• Negative Sentiment: The central market overhang is the landmark federal child-safety trial involving 29 states. Prosecutors allege Facebook and Instagram were deliberately designed to encourage addictive use among children, while former safety personnel have testified that Meta ignored or minimized internal warnings. A loss could lead to substantial penalties, product changes, restrictions on youth engagement and follow-on litigation, potentially threatening user activity and advertising revenue. Former Meta engineer resumes testimony
• Negative Sentiment: Privacy criticism surrounding Meta’s smart glasses, including workplace restrictions and reports of people being recorded without consent, creates reputational and adoption risks for the company’s wearables strategy. Meta Glasses privacy concerns

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $546.03 on Thursday. The business’s fifty day moving average price is $594.30 and its 200 day moving average price is $617.08. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $1.39 trillion, a P/E ratio of 20.57, a PEG ratio of 0.93 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The business’s revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $7.14 earnings per share. As a group, research analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio is 7.91%.

Insider Buying and Selling

In other Meta Platforms news, CFO Susan J. Li sold 2,127 shares of the business’s stock in a transaction that occurred on Saturday, August 15th. The shares were sold at an average price of $689.85, for a total transaction of $1,467,310.95. Following the completion of the sale, the chief financial officer directly owned 15,347 shares in the company, valued at $10,587,127.95. The trade was a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the sale, the director directly owned 2,943 shares of the company’s stock, valued at $1,652,671.08. The trade was 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. In the last quarter, insiders sold 19,899 shares of company stock valued at $12,290,969. 13.53% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on META shares. Scotiabank reissued a “sector perform” rating and set a $600.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Stifel Nicolaus dropped their price objective on Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a report on Wednesday, July 8th. Barclays decreased their target price on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Finally, Citizens Jmp dropped their price target on Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating for the company in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $785.32.

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.