SilverOak Wealth Management LLC Sells 861 Shares of Meta Platforms, Inc. $META

SilverOak Wealth Management LLC lessened its holdings in Meta Platforms, Inc. (NASDAQ:META) by 12.3% during the first quarter, Holdings Channel.com reports. The firm owned 6,152 shares of the social networking company’s stock after selling 861 shares during the quarter. Meta Platforms comprises about 0.6% of SilverOak Wealth Management LLC’s portfolio, making the stock its 25th largest holding. SilverOak Wealth Management LLC’s holdings in Meta Platforms were worth $3,520,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. RHL Group LLC purchased a new stake in shares of Meta Platforms in the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms during the fourth quarter valued at $29,000. Niles Investment Management LLC purchased a new position in Meta Platforms during the fourth quarter valued at $29,000. Bayban raised its stake in Meta Platforms by 100.0% during the first quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after buying an additional 35 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new stake in Meta Platforms in the fourth quarter worth $42,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 1.9%

Meta Platforms stock opened at $656.73 on Tuesday. 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, Inc. has a one year low of $520.26 and a one year high of $796.25. The stock has a market capitalization of $1.66 trillion, a PE ratio of 23.87, a price-to-earnings-growth ratio of 1.18 and a beta of 1.25. The business’s fifty day moving average is $599.00 and its 200 day moving average is $626.80.

Meta Platforms (NASDAQ:META) last issued its 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 during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.Meta Platforms’s revenue was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.43 EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.63%.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 7,847 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the transaction, the chief technology officer owned 414 shares in the company, valued at $251,641.62. This represents a 94.99% decrease in their ownership of the stock. The sale was disclosed in a document filed 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 3,348 shares of the firm’s stock in a transaction that occurred 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 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 40,083 shares of company stock valued at $24,628,719 over the last ninety days. Company insiders own 13.53% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on META. Susquehanna raised Meta Platforms from a “positive” rating to a “positive” rating in a research note on Tuesday, June 2nd. Wedbush raised Meta Platforms from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 2nd. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. Bank of America cut their price objective 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, Piper Sandler began coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They set an “overweight” rating for the company. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $835.90.

Key Meta Platforms News

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

• Positive Sentiment: UBS kept a buy rating on Meta while lowering its price target to $766 from $865, implying meaningful upside from current levels and signaling analysts still see room for gains despite recent volatility.
• Positive Sentiment: Multiple articles highlighted Meta’s expanded AI ambitions, including a major scale-up of its Louisiana Hyperion data center to 5 gigawatts and more than $50 billion in projected cost, reinforcing the company’s commitment to AI infrastructure and long-term growth.
• Positive Sentiment: Some market commentary framed Meta as one of the strongest mega-cap AI stories, citing its ability to fund AI investment with a profitable ad business and noting that its new AI model is priced well below rivals, which could help adoption.
• Neutral Sentiment: Several reports focused on technical factors, saying META looked overbought and near resistance, which may be contributing to short-term weakness rather than reflecting a change in fundamentals.
• Negative Sentiment: Investors are also weighing concerns that Meta’s AI spending is rising fast, with 2026 capex now expected at $125 billion to $145 billion, raising questions about near-term returns on investment and pressuring sentiment.
• Negative Sentiment: Meta pulled down an AI image tool after privacy backlash, and the company is facing criticism over AI advertising tools that allegedly create poor results for brands, adding reputational and regulatory noise.
• Negative Sentiment: Additional headlines noted a Chinese regulatory setback on a planned AI acquisition and an EU probe into Facebook and Instagram design features, which could increase legal and compliance uncertainty.

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.