Point Break Capital Management LLC Has $8.22 Million Stock Holdings in Meta Platforms, Inc. $META

Point Break Capital Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 90.8% during the first quarter, Holdings Channel reports. The fund owned 14,362 shares of the social networking company’s stock after acquiring an additional 6,835 shares during the quarter. Meta Platforms comprises about 9.3% of Point Break Capital Management LLC’s holdings, making the stock its 4th biggest holding. Point Break Capital Management LLC’s holdings in Meta Platforms were worth $8,217,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in META. Brighton Jones LLC increased its holdings in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd lifted its stake in shares of Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after buying an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in shares of Meta Platforms during the 2nd quarter worth about $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms in the 2nd quarter valued at about $322,000. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 837 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $645.85, for a total transaction of $540,576.45. Following the transaction, the chief operating officer owned 7,127 shares in the company, valued at $4,602,972.95. This trade represents a 10.51% decrease in their position. The transaction was disclosed in a legal 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, Director Robert M. Kimmitt sold 500 shares of Meta Platforms stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the transaction, the director directly owned 3,443 shares of the company’s stock, valued at $2,092,483.25. This represents a 12.68% 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. Insiders have sold 37,859 shares of company stock worth $23,087,979 in the last three months. 13.53% of the stock is currently owned by company insiders.

Meta Platforms News Roundup

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

• Positive Sentiment: Analysts expect Meta’s advertising business to benefit from higher impressions, stronger user engagement and AI-powered ad targeting. Consensus expectations call for approximately $60.2 billion in revenue and $7.18 in earnings per share, while traders anticipate a sizable post-earnings move. Will Higher Ad Revenues Aid Meta Platforms Stock in Q2 Earnings?
• Positive Sentiment: Guggenheim reaffirmed its buy rating and assigned an $800 price target, implying substantial upside from recent levels. Meta’s comparatively modest valuation and history of earnings beats could support the shares if results and guidance exceed expectations. Guggenheim rating report
• Positive Sentiment: Meta and BlackRock formed an approximately $14 billion venture to develop a one-gigawatt AI data-center campus in El Paso, Texas. The 80/20 structure brings outside capital into Meta’s infrastructure expansion and may reduce near-term balance-sheet pressure while securing future computing capacity. Meta, BlackRock partner on $14 billion El Paso data center
• Neutral Sentiment: Meta is expected to emphasize Ray-Ban Meta smart glasses and its broader AI strategy on the earnings call. It also joined Nvidia, Alphabet and OpenAI in supporting open-weight AI models, potentially influencing future product development and regulation. Meta likely to highlight smart glasses
• Negative Sentiment: Investors are increasingly concerned that AI capital expenditures—potentially reaching $125 billion to $145 billion—will compress margins and weaken free cash flow before Meta develops a direct AI revenue stream. Alphabet’s higher spending forecast has intensified skepticism toward hyperscaler stocks. Hyperscalers face higher capex scrutiny
• Negative Sentiment: Meta faces ongoing lawsuits alleging harm to teenagers and inadequate safeguards against abuse on its platforms, creating potential financial liabilities and reputational damage. COO Javier Olivan also sold shares under a pre-arranged Rule 10b5-1 plan, although insider selling is not necessarily a bearish signal. Meta disregarded its own research on teen harm

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $593.41 on Wednesday. The company’s 50 day moving average price is $603.98 and its two-hundred day moving average price is $624.67. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The firm has a market cap of $1.50 trillion, a PE ratio of 21.57, a PEG ratio of 1.00 and a beta of 1.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. During the same period last year, the firm earned $6.43 earnings per share. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. Equities research analysts predict that Meta Platforms, Inc. will post 29.51 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s dividend payout ratio is currently 7.63%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on META shares. Weiss Ratings cut shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 26th. UBS Group decreased their target price on Meta Platforms from $865.00 to $766.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. Arete Research set a $735.00 target price on Meta Platforms and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Citizens Jmp dropped their price target on Meta Platforms from $825.00 to $800.00 and set an “outperform” rating for the company in a report on Friday, July 10th. Finally, Piper Sandler initiated coverage on Meta Platforms in a research note on Tuesday, June 2nd. They issued an “overweight” rating for the company. Five analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $835.64.

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.