Diversified Management Inc. Reduces Position in Meta Platforms, Inc. $META

Diversified Management Inc. decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 48.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,578 shares of the social networking company’s stock after selling 2,396 shares during the quarter. Diversified Management Inc.’s holdings in Meta Platforms were worth $1,452,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after acquiring an additional 7,269,279 shares during the last quarter. Auto Owners Insurance Co lifted its position in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after purchasing an additional 105,154,977 shares during the last quarter. State Street Corp boosted its stake in shares of Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after purchasing an additional 4,395,763 shares during the period. Geode Capital Management LLC boosted its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock valued at $34,734,628,000 after purchasing an additional 878,396 shares during the period. Finally, Capital World Investors grew its holdings in shares of Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock worth $26,112,735,000 after purchasing an additional 310,947 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

META stock opened at $599.12 on Wednesday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The business has a 50-day moving average price of $597.54 and a 200 day moving average price of $621.56. The company has a market capitalization of $1.53 trillion, a P/E ratio of 22.57, a PEG ratio of 1.02 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 (NASDAQ:META) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The business had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm’s revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $7.14 earnings per share. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 28.5 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.91%.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Monness Crespi & Hardt reduced their price target on shares of Meta Platforms from $890.00 to $730.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. KeyCorp dropped their target price on shares of Meta Platforms from $790.00 to $780.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Truist Financial dropped their target price on shares of Meta Platforms from $840.00 to $770.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Wedbush reduced their target price on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Finally, Mizuho set a $750.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $785.32.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 3,348 shares of the company’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the completion of the sale, the chief operating officer owned 9,498 shares in the company, valued at $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, 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 SEC filing for this sale provides additional information. 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. Insiders have sold a total of 36,715 shares of company stock valued at $22,374,725 in the last ninety days. Company insiders own 13.53% of the company’s stock.

Trending Headlines about Meta Platforms

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.