Cambient Family Office LLC Makes New $3.01 Million Investment in Meta Platforms, Inc. $META

Cambient Family Office LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,554 shares of the social networking company’s stock, valued at approximately $3,006,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Westchester Capital Management Inc. acquired a new stake in Meta Platforms during the 3rd quarter worth approximately $26,000. RHL Group LLC acquired a new position in Meta Platforms in the 4th quarter valued at approximately $28,000. Strategic Wealth Advisors LLC acquired a new position in Meta Platforms in the 4th quarter valued at approximately $29,000. Niles Investment Management LLC bought a new position in shares of Meta Platforms during the fourth quarter valued at $29,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Meta Platforms during the fourth quarter valued at $42,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

Shares of META opened at $577.22 on Friday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a market cap of $1.46 trillion, a PE ratio of 20.98, a P/E/G ratio of 1.01 and a beta of 1.23. The stock has a 50-day moving average of $621.98 and a 200-day moving average of $634.55. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

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 analysts’ consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the business earned $6.43 EPS. On average, equities research analysts predict that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s payout ratio is currently 7.63%.

Insider Transactions at Meta Platforms

In related news, CTO Andrew Bosworth sold 7,847 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the transaction, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. This trade represents a 94.99% decrease in their position. The sale 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction on 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 completion of the sale, the insider directly owned 1,118 shares of the company’s stock, valued at approximately $681,890.56. The trade was a 65.03% 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. Insiders sold 40,568 shares of company stock valued at $25,057,365 over the last ninety days. Company insiders own 13.53% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Sanford C. Bernstein reduced their price objective on shares of Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,015.00 target price on shares of Meta Platforms in a research report on Thursday, May 28th. Arete Research set a $735.00 target price on Meta Platforms and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Raymond James Financial raised Meta Platforms from an “underperform” rating to an “outperform” rating in a report on Tuesday, June 2nd. Finally, Morgan Stanley decreased their price target on Meta Platforms from $825.00 to $775.00 and set an “overweight” rating for the company in a research note on Monday, March 30th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $840.60.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta is expanding its AI infrastructure by signing new computing deals with Crusoe, which should help support its long-term AI buildout and capacity needs. Reuters: Meta signs new AI computing deals with data center firm Crusoe
• Positive Sentiment: Meta continues to strengthen its AI-led growth narrative through data center expansion in India and new creator-focused AI tools on Facebook, both of which could improve engagement and future monetization. Insider Monkey: Meta rolls out new AI features on Facebook for content creators
• Positive Sentiment: Threads has reached 500 million monthly active users, and Meta is adding new community and feed features, reinforcing the company’s platform growth beyond Facebook and Instagram. Yahoo Finance: Meta reaches 500 million Threads users
• Neutral Sentiment: Meta’s COO Javier Olivan disclosed another pre-planned stock sale, which is notable but not necessarily a fundamental signal since it was executed under a 10b5-1 plan. InsiderTrades: Meta COO sells stock
• Neutral Sentiment: Meta’s dividend and long-term shareholder-return profile are supportive, but this is unlikely to be the main short-term stock driver. Finbold: Meta to pay dividends next week
• Negative Sentiment: Reuters reported that Meta is lobbying Congress for legal protection from child-harm lawsuits, keeping regulatory and litigation risk in focus for investors. Reuters: Meta lobbies Congress for protection from child-harm lawsuits
• Negative Sentiment: Concerns around AI execution also weighed on sentiment after Reuters said a key executive overseeing Meta’s “AI for work” transformation is leaving the company. Reuters: Meta head of product for AI for work transformation is leaving company
• Negative Sentiment: Meta was also hit by reports that attackers exploited its AI customer support chatbot to compromise Instagram accounts, raising trust and security concerns around its AI tools. Yahoo Finance: Meta faces AI support breach as key internal AI executive exits

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.