Worth Financial Advisory Group LLC Acquires Shares of 3,241 Meta Platforms, Inc. $META

Worth Financial Advisory Group LLC bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,241 shares of the social networking company’s stock, valued at approximately $1,826,000. Meta Platforms accounts for 0.8% of Worth Financial Advisory Group LLC’s investment portfolio, making the stock its 28th biggest position.

Several other large investors have also recently modified their holdings of the business. RHL Group LLC bought a new position in Meta Platforms in the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms in the 4th quarter valued at approximately $29,000. Advantage Trust Co bought a new stake in Meta Platforms during the 2nd quarter valued at $28,000. Axiom Investment Management LLC bought a new stake in Meta Platforms during the 1st quarter valued at $36,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 1.2%

META opened at $578.02 on Friday. The company has a fifty day moving average price of $592.28 and a 200-day moving average price of $611.61. The firm has a market capitalization of $1.47 trillion, a P/E ratio of 21.77, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $790.80.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company’s quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the business posted $7.14 EPS. Equities research analysts expect that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,196 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at $7,260,343.46. This represents a 41.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the sale, the chief operating officer directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. The trade was a 26.06% 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 34,957 shares of company stock valued at $20,442,696 in the last ninety days. Corporate insiders own 13.53% of the company’s stock.

Wall Street Analyst Weigh In

META has been the subject of a number of analyst reports. Cantor Fitzgerald cut their price target on Meta Platforms from $770.00 to $680.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Bank of America decreased their price objective on Meta Platforms from $835.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Citigroup dropped their price objective on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Robert W. Baird reduced their target price on Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $785.22.

Meta Platforms News Roundup

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

• Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta’s social media settlement leaves its money machine unscathed
• Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta’s AI Bet Not Showing Returns, Yet
• Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
• Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
• Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta’s child-safety deal and age verification
• Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI

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.