Catalyst Financial Partners LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 15.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 14,209 shares of the social networking company’s stock after acquiring an additional 1,929 shares during the period. Meta Platforms accounts for 0.8% of Catalyst Financial Partners LLC’s portfolio, making the stock its 14th largest position. Catalyst Financial Partners LLC’s holdings in Meta Platforms were worth $8,004,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in META. RHL Group LLC bought a new position in shares of Meta Platforms in the 4th quarter valued at about $28,000. Advantage Trust Co bought a new stake in Meta Platforms during the second quarter worth about $28,000. Strategic Wealth Advisors LLC bought a new stake in Meta Platforms during the fourth quarter worth about $29,000. Niles Investment Management LLC acquired a new position in Meta Platforms during the fourth quarter valued at approximately $29,000. Finally, Axiom Investment Management LLC acquired a new position in Meta Platforms during the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Meta Platforms Price Performance
Shares of META opened at $571.10 on Friday. The firm has a market capitalization of $1.45 trillion, a PE ratio of 21.51, a PEG ratio of 0.98 and a beta of 1.25. The company’s 50-day moving average is $592.26 and its 200-day moving average is $611.84. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $790.80. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.
Analyst Upgrades and Downgrades
META has been the subject of a number of analyst reports. JPMorgan Chase & Co. restated a “neutral” rating and issued a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Monness Crespi & Hardt cut their price objective on Meta Platforms from $890.00 to $730.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Weiss Ratings cut shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Rothschild & Co Redburn boosted their target price on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $800.00 target price on shares of Meta Platforms in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $785.22.
Check Out Our Latest Analysis on META
Insider Activity at Meta Platforms
In related news, COO Javier Olivan sold 1,258 shares of Meta Platforms stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $600.00, for a total transaction 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 trade represents a 45.33% decrease in their position. The transaction 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, insider Curtis J. Mahoney sold 1,559 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $869,922.00. Following the completion of the sale, the insider owned 1,957 shares of the company’s stock, valued at $1,092,006. This trade represents a 44.34% 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. Over the last quarter, insiders have sold 34,957 shares of company stock valued at $20,442,696. Insiders own 13.53% of the company’s stock.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta agreed to settle claims brought by dozens of U.S. states for up to approximately $16.7 billion to $18 billion, substantially below figures that analysts and states had discussed as potentially reaching $200 billion or more. The deal ends the trial and leaves Meta’s core advertising business, personalized recommendations and targeted advertising largely intact. Meta’s social media settlement leaves its money machine unscathed
- Positive Sentiment: Analyst support remains favorable in some quarters: Rosenblatt raised its price target to $886 and maintained a buy rating, while Benchmark and Needham reiterated hold ratings. Investors also continue to point to Meta’s advertising momentum, AI infrastructure and potential to monetize excess computing capacity. Meta price target raised by Rosenblatt
- Neutral Sentiment: The settlement requires two-hour daily limits for users under 18, overnight blocking from midnight to 6 a.m. without parental consent, muted school-hour notifications, autoplay controls, stronger age checks and expanded parental controls. The measures may reduce engagement, but could also lower future regulatory and litigation risk. Meta settles federal social media addiction trial
- Negative Sentiment: The payout could equal several months of profit, and the agreement’s restrictions may pressure usage and advertising opportunities among younger users. Critics and a case whistleblower said the changes do not adequately address mental-health harms, while the settlement reportedly gives states protection from certain future lawsuits involving children’s data. Whistleblower criticizes Meta settlement
- Negative Sentiment: Regulators in the U.K., South Korea and Australia are urging Meta to apply the safeguards globally, raising the possibility of additional compliance costs and similar actions overseas. Investors are also monitoring Meta’s heavy AI spending and reports that it could spend up to $10 billion annually on Anthropic tools. South Korea urges global youth protections
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.
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