Jag Capital Management LLC Has $35.63 Million Stake in Meta Platforms, Inc. $META

Jag Capital Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 33.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,273 shares of the social networking company’s stock after acquiring an additional 15,595 shares during the period. Meta Platforms comprises approximately 4.0% of Jag Capital Management LLC’s holdings, making the stock its 7th largest holding. Jag Capital Management LLC’s holdings in Meta Platforms were worth $35,628,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of META. First National Bank Sioux Falls raised its stake in shares of Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after acquiring an additional 14 shares during the last quarter. Levin Capital Strategies L.P. increased its holdings in shares of Meta Platforms by 1.4% in the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after purchasing an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its position in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after purchasing an additional 14 shares during the last quarter. Arcataur Capital Management LLC lifted its holdings in Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock worth $1,146,000 after buying an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC lifted its holdings in Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after buying an additional 15 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other news, insider Curtis J. Mahoney sold 2,079 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the completion of the sale, the director owned 3,443 shares of the company’s stock, valued at $2,092,483.25. This trade represents a 12.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 37,948 shares of company stock valued at $23,184,319. 13.53% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on META shares. Erste Group Bank upgraded Meta Platforms from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Piper Sandler began coverage on Meta Platforms in a research report on Tuesday, June 2nd. They issued an “overweight” rating for the company. Raymond James Financial boosted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “strong-buy” rating in a report on Tuesday. Bank of America cut their target price on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,015.00 target price on shares of Meta Platforms in a research note on Thursday, May 28th. Five research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $835.64.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Wells Fargo raised its price target on Meta and kept an overweight rating, signaling expectations for meaningful upside from current levels. Benzinga report on Wells Fargo target hike
• Positive Sentiment: Rothschild & Co Redburn also boosted its target and reiterated a buy rating, reflecting growing optimism that Meta can monetize AI more effectively. Benzinga report on Rothschild & Co Redburn target hike
• Positive Sentiment: Multiple reports highlighted Meta’s expanding AI strategy, including possible cloud/compute sales and large enterprise deals, which could create a new revenue stream and support margins over time.
• Positive Sentiment: Bank of America said Meta is positioned to beat second-quarter expectations, citing healthy ad demand and AI-driven improvements ahead of earnings later this month.
• Positive Sentiment: Wall Street commentary continues to frame Meta as a key beneficiary of the AI spending boom, with investors watching whether infrastructure investment can be monetized faster than expected.
• Neutral Sentiment: A comparison piece versus Pinterest and a broader “Mag 7” article mainly added background, but did not change the core investment thesis for META.
• Negative Sentiment: Meta is facing a Tennessee trial over claims that Instagram was designed to be addictive and contributed to youth mental-health issues, adding legal and regulatory risk.
• Negative Sentiment: A New York Times report said Meta’s AI moderation mistakenly banned user accounts, raising questions about product reliability and trust in its automated systems.
• Negative Sentiment: Ongoing investor concerns remain around heavy AI spending, data-center financing, and whether returns on that capital will justify the expense.

Meta Platforms Trading Down 0.3%

Shares of NASDAQ:META opened at $643.81 on Wednesday. The company’s 50-day moving average price is $604.93 and its two-hundred day moving average price is $626.52. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock has a market capitalization of $1.63 trillion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the firm earned $6.43 EPS. The business’s quarterly revenue was up 33.1% on a year-over-year basis. On average, equities analysts forecast that Meta Platforms, Inc. will post 29.47 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, June 15th. Meta Platforms’s payout ratio is presently 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.