Lmcg Investments LLC Acquires 3,114 Shares of Meta Platforms, Inc. $META

Lmcg Investments LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 27,408 shares of the social networking company’s stock after acquiring an additional 3,114 shares during the quarter. Lmcg Investments LLC’s holdings in Meta Platforms were worth $15,681,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in META. RHL Group LLC acquired a new position in shares of Meta Platforms during the fourth quarter worth $28,000. Strategic Wealth Advisors LLC acquired a new stake in Meta Platforms in the fourth quarter valued at $29,000. Niles Investment Management LLC acquired a new stake in Meta Platforms in the fourth quarter valued at $29,000. Bayban raised its position in Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after purchasing an additional 35 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in Meta Platforms during the 4th quarter worth $42,000. 79.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $8,014,978.24. This represents a 41.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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. 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 sale, the chief technology officer directly owned 414 shares of the company’s stock, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. 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 a total of 40,083 shares of company stock valued at $24,628,719 in the last ninety days. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Stock Performance

META stock opened at $656.73 on Tuesday. The stock has a 50-day moving average price of $599.00 and a 200-day moving average price of $626.80. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.66 trillion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 1.18 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the previous year, the business earned $6.43 EPS. The firm’s revenue was up 33.1% compared to the same quarter last year. As a group, equities research analysts expect that Meta Platforms, Inc. will post 29.46 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is 7.63%.

Analyst Ratings Changes

A number of research firms have commented on META. Wedbush upgraded Meta Platforms from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 2nd. Cantor Fitzgerald lowered their price objective on Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Sanford C. Bernstein cut their price objective on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Morgan Stanley reduced their target price on Meta Platforms from $825.00 to $775.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Finally, KeyCorp reissued an “overweight” rating and set a $760.00 target price on shares of Meta Platforms in a research report on Thursday, April 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $835.90.

More Meta Platforms News

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

• Positive Sentiment: UBS kept a buy rating on Meta while lowering its price target to $766 from $865, implying meaningful upside from current levels and signaling analysts still see room for gains despite recent volatility.
• Positive Sentiment: Multiple articles highlighted Meta’s expanded AI ambitions, including a major scale-up of its Louisiana Hyperion data center to 5 gigawatts and more than $50 billion in projected cost, reinforcing the company’s commitment to AI infrastructure and long-term growth.
• Positive Sentiment: Some market commentary framed Meta as one of the strongest mega-cap AI stories, citing its ability to fund AI investment with a profitable ad business and noting that its new AI model is priced well below rivals, which could help adoption.
• Neutral Sentiment: Several reports focused on technical factors, saying META looked overbought and near resistance, which may be contributing to short-term weakness rather than reflecting a change in fundamentals.
• Negative Sentiment: Investors are also weighing concerns that Meta’s AI spending is rising fast, with 2026 capex now expected at $125 billion to $145 billion, raising questions about near-term returns on investment and pressuring sentiment.
• Negative Sentiment: Meta pulled down an AI image tool after privacy backlash, and the company is facing criticism over AI advertising tools that allegedly create poor results for brands, adding reputational and regulatory noise.
• Negative Sentiment: Additional headlines noted a Chinese regulatory setback on a planned AI acquisition and an EU probe into Facebook and Instagram design features, which could increase legal and compliance uncertainty.

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.