Annex Advisory Services LLC Has $62.06 Million Stock Position in Meta Platforms, Inc. $META

Annex Advisory Services LLC reduced its stake in Meta Platforms, Inc. (NASDAQ:META) by 2.8% during the 2nd quarter, Holdings Channel reports. The firm owned 110,172 shares of the social networking company’s stock after selling 3,131 shares during the period. Annex Advisory Services LLC’s holdings in Meta Platforms were worth $62,059,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. RHL Group LLC bought a new position in Meta Platforms during the fourth quarter worth about $28,000. Strategic Wealth Advisors LLC bought a new stake in shares of Meta Platforms in the 4th quarter valued at about $29,000. Niles Investment Management LLC bought a new stake in shares of Meta Platforms in the 4th quarter valued at about $29,000. Axiom Investment Management LLC acquired a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $36,000. Finally, Bayban raised its position in shares of Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 35 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of META opened at $599.12 on Wednesday. The stock has a 50 day simple moving average of $597.54 and a 200 day simple moving average of $621.56. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The firm has a market capitalization of $1.53 trillion, a PE ratio of 22.57, a P/E/G ratio of 1.02 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. During the same quarter last year, the business posted $7.14 earnings per share. The business’s quarterly revenue was up 28.0% on a year-over-year basis. Sell-side analysts predict that Meta Platforms, Inc. will post 28.5 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 7.91%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on META shares. Royal Bank Of Canada restated an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a report on Monday, June 1st. Citigroup cut their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Robert W. Baird reduced their price target on shares of Meta Platforms from $830.00 to $750.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Wedbush decreased their price target on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Finally, UBS Group lowered their price objective on shares of Meta Platforms from $766.00 to $715.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $785.32.

Insider Buying and Selling at Meta Platforms

In related news, Director Robert M. Kimmitt sold 500 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $561.56, for a total value of $280,780.00. Following the completion of the transaction, the director directly owned 2,943 shares of the company’s stock, valued at approximately $1,652,671.08. This represents a 14.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $607.85, for a total value of $508,770.45. Following the transaction, the chief operating officer owned 6,290 shares of the company’s stock, valued at approximately $3,823,376.50. This trade represents a 11.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 36,715 shares of company stock valued at $22,374,725 in the last three months. 13.53% of the stock is owned by insiders.

More Meta Platforms News

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

• Positive Sentiment: Meta released Muse Glimmer, a 30-billion-parameter open-weight AI model designed to run locally on consumer computers. The strategy could accelerate developer adoption, improve Meta’s recommendation and advertising systems, and pressure rivals such as OpenAI and Anthropic by making advanced AI more widely available. Meta Muse Glimmer model
• Positive Sentiment: Analysts and bullish commentary continue to highlight Meta’s underlying advertising strength. Second-quarter revenue rose about 28% year over year, supported by higher ad impressions and pricing, while WhatsApp monetization and AI-powered business tools provide potential additional growth. Meta valuation and advertising growth
• Positive Sentiment: Mark Zuckerberg’s plan to make AI broadly accessible reinforces Meta’s long-term positioning in consumer AI and could expand engagement across Facebook, Instagram and WhatsApp. Zuckerberg AI vision
• Neutral Sentiment: Meta and other leading AI companies will meet White House officials regarding voluntary safety testing for advanced models. The meeting may increase compliance costs, but coordinated standards could reduce longer-term regulatory uncertainty. AI safety discussions
• Neutral Sentiment: Reported short-interest data shows zero shares and therefore provides no meaningful indication of bearish positioning.
• Negative Sentiment: Meta will unwind its planned $2 billion acquisition of Chinese AI startup Manus after regulatory pressure from China. The reversal highlights geopolitical obstacles to Meta’s AI expansion and eliminates a potential source of technology and talent. Manus deal unwinds
• Negative Sentiment: Investors remain concerned that Meta’s 2026 capital expenditures could reach $130 billion to $145 billion. Rapidly rising costs have compressed margins and sharply reduced free cash flow, while analysts have lowered some future EPS forecasts. Meta AI spending and margins
• Negative Sentiment: A major court ruling allows more than 3,000 lawsuits alleging that social-media platforms encouraged addictive use among young people to proceed. The litigation creates potentially significant financial, reputational and regulatory risk for Meta. Youth addiction lawsuits

Meta Platforms Company 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.