SVB Wealth LLC Sells 1,412 Shares of Meta Platforms, Inc. $META

SVB Wealth LLC lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,777 shares of the social networking company’s stock after selling 1,412 shares during the quarter. Meta Platforms comprises approximately 1.2% of SVB Wealth LLC’s holdings, making the stock its 19th largest holding. SVB Wealth LLC’s holdings in Meta Platforms were worth $17,608,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on META. Wells Fargo & Company decreased their price target on shares of Meta Platforms from $770.00 to $765.00 and set an “overweight” rating for the company in a report on Wednesday, May 20th. TD Cowen dropped their price objective on Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Mizuho reduced their target price on Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $1,015.00 price target on shares of Meta Platforms in a report on Thursday, May 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $840.60.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the completion of the transaction, the chief operating officer owned 10,557 shares of the company’s stock, valued at $6,645,103.65. This represents a 20.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the transaction, the chief technology officer directly owned 414 shares of the company’s stock, valued at $251,641.62. This represents a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 39,013 shares of company stock valued at $24,115,999 over the last three months. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms News Summary

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

• Positive Sentiment: Qualcomm said Meta will be the first major customer for its new data-center CPU, highlighting Meta’s role in the AI infrastructure buildout and reinforcing expectations that it can keep scaling AI capabilities. Article Title
• Positive Sentiment: Analysts continue to point to Meta’s AI push as a driver of top-line growth, with stronger ad engagement, user activity, and monetization potential helping the bullish long-term case. Article Title
• Positive Sentiment: Meta is also being highlighted as a favored AI stock by investors and hedge-fund watchers, which can support sentiment around the name. Article Title
• Neutral Sentiment: Facebook launched an AI companion app for creators, a product update that could help engagement over time but is not yet a clear near-term stock catalyst. Article Title
• Negative Sentiment: Investor concern remains centered on Meta’s heavy capital spending, with recent commentary noting that higher 2026 CapEx guidance is pressuring near-term cash flow even as revenue growth stays strong. Article Title
• Negative Sentiment: Meta is facing more scrutiny on governance and legal issues, including a lawsuit from a former executive and separate reporting around political and regulatory pressure, which can weigh on sentiment. Article Title

Meta Platforms Trading Down 2.7%

Shares of NASDAQ:META opened at $542.87 on Friday. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. 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’s fifty day simple moving average is $614.70 and its 200 day simple moving average is $631.32. The firm has a market cap of $1.37 trillion, a price-to-earnings ratio of 19.73, a PEG ratio of 0.99 and a beta of 1.23.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period in the prior year, the business earned $6.43 EPS. As a group, research analysts forecast that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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

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.