93,080 Shares in Meta Platforms, Inc. $META Acquired by Spear Holdings RSC Ltd

Spear Holdings RSC Ltd acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 93,080 shares of the social networking company’s stock, valued at approximately $53,254,000. Meta Platforms makes up approximately 5.3% of Spear Holdings RSC Ltd’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds also recently modified their holdings of META. First National Bank Sioux Falls raised its position in Meta Platforms by 0.7% during the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after buying an additional 14 shares during the period. Levin Capital Strategies L.P. boosted its position in Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after acquiring an additional 14 shares during the period. Vista Capital Partners Inc. boosted its position in Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after acquiring an additional 14 shares during the period. Arcataur Capital Management LLC grew its stake in Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock valued at $1,146,000 after acquiring an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC grew its stake in Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Down 0.2%

Meta Platforms stock opened at $593.87 on Tuesday. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The firm’s fifty day simple moving average is $604.17 and its 200-day simple moving average is $625.06. The company has a market capitalization of $1.50 trillion, a P/E ratio of 21.59, a P/E/G ratio of 1.01 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the company posted $6.43 earnings per share. Sell-side analysts forecast that Meta Platforms, Inc. will post 29.49 earnings per share for the current fiscal 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 dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 15th. Meta Platforms’s dividend payout ratio is 7.63%.

Key Meta Platforms News

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

• Positive Sentiment: Analysts and investors see Meta as attractively valued ahead of Wednesday’s earnings, with estimates suggesting its forward earnings multiple is below historical norms and the broader market. Meta’s record of 13 consecutive earnings beats raises the possibility of another upside surprise. Meta Platforms: Time To Be Greedy
• Positive Sentiment: Revenue growth is expected to benefit from user expansion, higher advertising prices and increased ad volume. Meta is also expanding Meta AI by placing its chatbot in Threads direct messages, potentially increasing engagement and creating additional monetization opportunities over time. Threads users can now chat with Meta AI in their DMs
• Positive Sentiment: Supporters argue Meta can absorb elevated capital expenditures, including as much as $145 billion in 2026 AI spending, because of its strong cash generation and advertising business. Its AI infrastructure plans could also create opportunities to sell excess computing capacity at premium prices. Meta Can Absorb Capex Trouble
• Neutral Sentiment: Meta reports results after the market closes Wednesday, and options traders are pricing a sizable post-earnings move. The report, guidance and commentary on AI returns and spending will likely determine the stock’s near-term direction. Meta Reports Earnings Wednesday
• Negative Sentiment: Concerns about rising costs, heavy capital expenditures and uncertain returns on AI investments are weighing on sentiment. The broader technology sector has recently seen investors sell or fail to reward stocks even after strong earnings, contributing to Meta’s recent decline. Meta Q2 Earnings Loom
• Negative Sentiment: Meta faces ongoing legal and reputational risks. Tennessee attorneys allege that company leadership ignored internal research about Instagram’s effects on teenagers, while a separate lawsuit alleges failures to prevent abuse on Meta’s platforms. Adverse rulings or regulatory action could increase costs and constrain product practices. Meta disregarded its own research on teen harm

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research report on Wednesday, July 8th. Rothschild & Co Redburn boosted their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Raymond James Financial upped their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 21st. Benchmark started coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They set a “buy” rating for the company. Finally, Sanford C. Bernstein lowered their price target on shares of Meta Platforms from $900.00 to $850.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $835.64.

Insider Transactions at Meta Platforms

In other news, insider Curtis J. Mahoney sold 2,079 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider owned 1,118 shares of the company’s stock, valued at approximately $681,890.56. This represents a 65.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 that occurred on 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 transaction, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 36,393 shares of company stock worth $22,141,163. 13.53% of the stock is owned by corporate insiders.

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.