Heritage Wealth Management Inc. Increases Stock Position in Meta Platforms, Inc. $META

Heritage Wealth Management Inc. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 304.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,480 shares of the social networking company’s stock after purchasing an additional 1,114 shares during the period. Heritage Wealth Management Inc.’s holdings in Meta Platforms were worth $847,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Dopkins Wealth Management LLC raised its stake in shares of Meta Platforms by 18.1% during the 1st quarter. Dopkins Wealth Management LLC now owns 594 shares of the social networking company’s stock worth $340,000 after buying an additional 91 shares in the last quarter. Greenup Street Wealth Management LLC boosted its stake in shares of Meta Platforms by 45.5% in the first quarter. Greenup Street Wealth Management LLC now owns 13,494 shares of the social networking company’s stock valued at $7,721,000 after buying an additional 4,220 shares in the last quarter. BTC Capital Management Inc. boosted its stake in shares of Meta Platforms by 4.1% in the first quarter. BTC Capital Management Inc. now owns 49,134 shares of the social networking company’s stock valued at $28,101,000 after buying an additional 1,932 shares in the last quarter. Hilton Head Capital Partners LLC grew its holdings in Meta Platforms by 20.4% during the first quarter. Hilton Head Capital Partners LLC now owns 2,454 shares of the social networking company’s stock worth $1,404,000 after acquiring an additional 416 shares during the period. Finally, Live Oak Private Wealth LLC grew its holdings in Meta Platforms by 20.1% during the first quarter. Live Oak Private Wealth LLC now owns 1,364 shares of the social networking company’s stock worth $780,000 after acquiring an additional 228 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Summary

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

• Positive Sentiment: Wedbush’s Dan Ives said Meta is being treated like a “bear market” stock despite its central role in the AI buildout, arguing the recent selloff is more about short-term impatience than a broken AI thesis.
• Positive Sentiment: Analyst commentary said Meta’s AI push is driving revenue growth, stronger ad engagement, and rising user activity, supporting the case for further upside.
• Positive Sentiment: Qualcomm’s new AI data-center push and partnerships with Meta and Microsoft reinforce Meta’s role in major AI infrastructure deals, which may support long-term growth expectations. Qualcomm stock jumps on AI data center push, Meta and Microsoft deals
• Positive Sentiment: One article framed Meta as one of the most attractive mega-cap tech names after the 2026 selloff, suggesting the stock could have meaningful recovery potential from current levels.
• Neutral Sentiment: Mark Zuckerberg is reportedly pushing Meta to explore working with prediction-market platforms Polymarket and Kalshi as part of an Arena app aimed at younger users, which could expand engagement but is still early-stage. Mark Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
• Neutral Sentiment: Consumer-sentiment commentary said Meta continues to keep users on its platforms longer, but investor sentiment remains weighed down by AI spending concerns. Ca$htag$: Is META Winning Over Consumers?
• Negative Sentiment: Meta is facing fresh legal and reputational pressure after Sarah Wynn-Williams accused the company of surveilling her to silence criticism, adding to headline risk around the stock.
• Negative Sentiment: Multiple reports continue to highlight investor concern that Meta’s aggressive AI infrastructure spending is compressing near-term cash flow, which has been a major factor behind the stock’s weakness.

Insider Activity

In related news, CTO Andrew Bosworth sold 7,847 shares of the firm’s 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 sale, the chief technology officer owned 414 shares in the company, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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, insider Curtis J. Mahoney sold 2,079 shares of Meta Platforms stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 1,118 shares of the company’s stock, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 39,013 shares of company stock worth $24,115,999. 13.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

META has been the subject of a number of recent analyst reports. Bank of America reduced their target price on Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a report on Monday, April 20th. TD Cowen lowered their price target on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $725.00 price target (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Raymond James Financial upgraded shares of Meta Platforms from an “underperform” rating to an “outperform” rating in a report on Tuesday, June 2nd. Finally, Barclays raised their price objective on shares of Meta Platforms from $800.00 to $830.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average target price of $840.60.

Meta Platforms Trading Up 1.4%

Shares of META stock opened at $550.25 on Friday. The company has a market capitalization of $1.39 trillion, a price-to-earnings ratio of 20.00, a PEG ratio of 0.97 and a beta of 1.23. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $612.28 and a 200 day moving average price of $630.76. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (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 company earned $6.43 EPS. The firm’s revenue for the quarter was up 33.1% compared to the same quarter last year. Research analysts forecast that Meta Platforms, Inc. will post 29.35 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Meta Platforms 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.