Oakwell Private Wealth Management LLC Has $364,000 Stock Position in Meta Platforms, Inc. $META

Oakwell Private Wealth Management LLC lowered its stake in Meta Platforms, Inc. (NASDAQ:META) by 74.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 647 shares of the social networking company’s stock after selling 1,912 shares during the period. Oakwell Private Wealth Management LLC’s holdings in Meta Platforms were worth $364,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of META. RHL Group LLC bought a new position in Meta Platforms in the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC bought a new stake in shares of Meta Platforms during the 4th quarter worth approximately $29,000. Advantage Trust Co acquired a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $28,000. Axiom Investment Management LLC acquired a new stake in shares of Meta Platforms during the 1st quarter worth approximately $36,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Meta Platforms in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Meta unveiled Muse Spark 1.3, an upgraded AI model that AI chief Alexandr Wang says delivers the company’s biggest performance improvement yet and is comparable with offerings from Anthropic and OpenAI. The announcement strengthened expectations that Meta can compete more effectively in generative AI and monetize its large user base. Meta Rises 4% as Muse Spark 1.3 Claims Parity With Anthropic and OpenAI
• Positive Sentiment: Analysts said Meta’s settlement of major social-media litigation could remove a legal overhang and accelerate the launch of new AI products. Some investors view the settlement as manageable relative to Meta’s scale and believe teen-usage restrictions may have limited revenue impact. Meta settlement could clear the way for new AI product launches, Morgan Stanley says
• Positive Sentiment: Investment commentary highlighted Meta as one of the leading “hyperscalers” supporting the AI ecosystem, with strong revenue growth, user engagement and long-term AI monetization potential. Hyperscalers are the backbone of AI
• Neutral Sentiment: Wedbush reaffirmed its Neutral rating, signaling that the AI opportunity is balanced by valuation, execution and spending concerns. Wedbush Reaffirms Neutral Rating for Meta Platforms
• Negative Sentiment: Meta reportedly agreed to pay as much as $17 billion over 10 years and make major changes to Instagram and Facebook for teen users. The settlement may reduce legal uncertainty, but its cost and potential limits on engagement create financial and operating risks. Meta Is Making These Major Changes for Teen Users After $17 Billion Settlement
• Negative Sentiment: Commentary warned that AI infrastructure spending could approach $145 billion, compressing free cash flow even as revenue grows. Investors also remain concerned about Meta’s dependence on successful AI execution to justify a recovery toward its prior high. Meta Stock Has a New AI Catalyst
• Negative Sentiment: Meta is paying users to share how they use its latest AI model, raising privacy and reputational concerns that could complicate adoption. Separately, the company disabled cameras on some AI glasses after detecting tampering with recording lights. Meta is paying to peek at how you use their latest AI model

Insider Activity

In other news, COO Javier Olivan sold 1,258 shares of Meta Platforms stock in a transaction on Monday, August 10th. The shares were sold at an average price of $600.00, for a total transaction of $754,800.00. Following the transaction, the chief operating officer owned 1,517 shares in the company, valued at approximately $910,200. The trade was a 45.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 1,559 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $869,922.00. Following the completion of the sale, the insider directly owned 1,957 shares in the company, valued at approximately $1,092,006. This represents a 44.34% 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. Over the last ninety days, insiders sold 32,987 shares of company stock worth $19,202,995. Company insiders own 13.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on META. Truist Financial cut their target price on Meta Platforms from $770.00 to $763.00 and set a “buy” rating for the company in a research note on Thursday, August 27th. Arete Research set a $735.00 price target on Meta Platforms and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Rosenblatt Securities boosted their price target on Meta Platforms from $883.00 to $886.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Rothschild & Co Redburn upped their price objective on Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Finally, Citizens Jmp reduced their price objective on Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating on the stock in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average target price of $785.22.

Meta Platforms Price Performance

Meta Platforms stock opened at $610.68 on Friday. The stock has a 50-day moving average price of $594.83 and a two-hundred day moving average price of $609.21. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $790.80. The company has a market capitalization of $1.56 trillion, a PE ratio of 23.00, a P/E/G ratio of 1.02 and a beta of 1.25. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data 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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same period in the prior year, the company earned $7.14 EPS. The business’s quarterly revenue was up 28.0% compared to the same quarter last year. Analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current year.

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.