Munich Reinsurance Co Stock Corp in Munich Acquires 6,134 Shares of Meta Platforms, Inc. $META

Munich Reinsurance Co Stock Corp in Munich increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 7.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 84,247 shares of the social networking company’s stock after acquiring an additional 6,134 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich’s holdings in Meta Platforms were worth $48,200,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. RHL Group LLC purchased a new stake in Meta Platforms in the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC bought a new position in shares of Meta Platforms in the fourth quarter worth approximately $29,000. Niles Investment Management LLC bought a new position in shares of Meta Platforms in the fourth quarter worth approximately $29,000. Bayban boosted its position in shares of Meta Platforms by 100.0% in the first quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after purchasing an additional 35 shares during the period. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms in the fourth quarter worth $42,000. 79.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on META. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research note on Wednesday, July 8th. UBS Group cut their price target on Meta Platforms from $865.00 to $766.00 and set a “buy” rating for the company in a research note on Monday. Tigress Financial raised their price target on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. Barclays boosted their price objective on Meta Platforms from $800.00 to $830.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Wedbush raised Meta Platforms from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 2nd. Three analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $835.90.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta’s upcoming Q2 earnings release on July 29 should provide a fresh read on revenue growth, profitability, and the payoff from its AI investments. Meta to Announce Second Quarter 2026 Results
• Neutral Sentiment: Analysts and media continue to debate Meta’s valuation and long-term AI strategy, with some arguing the stock remains attractive while others say spending is getting ahead of near-term returns. Meta Platforms is Overvalued at 5.92X PS: Buy, Sell or Hold the Stock?
• Negative Sentiment: Meta faces a lawsuit alleging its AI-based layoff process discriminated against employees on approved leave, which could add legal costs and hurt investor sentiment around its AI deployment practices. Meta used AI to target workers with medical conditions for layoffs, former employees’ lawsuit claims

Meta Platforms Stock Performance

META opened at $661.04 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The stock has a market capitalization of $1.67 trillion, a price-to-earnings ratio of 24.03, a PEG ratio of 1.16 and a beta of 1.25. The company has a fifty day moving average of $600.12 and a 200 day moving average of $626.76. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25.

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

Meta Platforms Announces Dividend

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. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is 7.63%.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the sale, the chief operating officer owned 9,498 shares of the company’s stock, valued at $5,708,013.06. The trade was a 26.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total value of $303,875.00. Following the sale, the director directly owned 3,443 shares in the company, valued at $2,092,483.25. This trade represents a 12.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 39,503 shares of company stock worth $24,241,859. Corporate insiders own 13.53% of the company’s stock.

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.