Castellan Group Sells 5,065 Shares of Meta Platforms, Inc. $META

Posted by Danessa Lincoln on Jul 4th, 2026

Castellan Group lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 83.5% in the first quarter, Holdings Channel reports. The institutional investor owned 1,000 shares of the social networking company’s stock after selling 5,065 shares during the period. Meta Platforms accounts for approximately 0.1% of Castellan Group’s holdings, making the stock its 29th biggest position. Castellan Group’s holdings in Meta Platforms were worth $572,000 at the end of the most recent reporting period.

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

Meta Platforms Price Performance

Shares of META opened at $582.88 on Friday. The company has a market cap of $1.47 trillion, a price-to-earnings ratio of 21.19, a PEG ratio of 1.03 and a beta of 1.25. 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 company’s fifty day simple moving average is $602.79 and its 200 day simple moving average is $628.20. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping the consensus estimate of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business earned $6.43 EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 29.46 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued 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 dividend yield of 0.4%. Meta Platforms’s payout ratio is presently 7.63%.

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 7,847 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the transaction, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. The trade was a 94.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the transaction, the insider directly owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% 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 three months, insiders sold 39,013 shares of company stock valued at $24,115,999. 13.53% of the stock is owned by company insiders.

Key Stories Impacting Meta Platforms

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

Positive Sentiment: Meta is being viewed more favorably by some analysts because its AI-powered ads are reportedly improving advertiser returns, which supports revenue growth and suggests its AI spending is starting to pay off. Meta’s Capex Is Paying Off, But The Market Doesn’t Care
Positive Sentiment: Reports that Meta may rent out excess GPU capacity and build a cloud-computing business are boosting sentiment, since investors see a potential new monetization avenue beyond digital advertising. Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Positive Sentiment: Meta’s broader AI strategy is also getting support from bullish coverage that argues the company is chasing a huge enterprise AI-compute opportunity and could eventually re-rate higher if execution improves. Senior Analyst: Meta Is Chasing A $2 Trillion AI Compute Opportunity, But It’s Years Behind
Neutral Sentiment: Meta remains a highly followed stock, with traders and analysts continuing to debate whether its AI investment cycle will translate into sustainable earnings growth or just higher spending. Meta Platforms, Inc. (META) Is a Trending Stock: Facts to Know Before Betting on It
Negative Sentiment: Zuckerberg also acknowledged that Meta’s AI agents are progressing slower than expected, which reinforces investor concerns that some of the company’s ambitious AI initiatives may take longer to monetize. Zuckerberg says AI agent development going slower than expected
Negative Sentiment: India reportedly asked Meta to delay its WhatsApp username rollout over fraud concerns, creating a potential regulatory hurdle for one of Meta’s most important messaging growth initiatives. India asks Meta to hold WhatsApp username rollout over fraud fears

Wall Street Analyst Weigh In

Several research firms have recently issued reports on META. Cantor Fitzgerald decreased their target price on Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. The Goldman Sachs Group cut shares of Meta Platforms from a “buy” rating to a “sell” rating in a research report on Tuesday, June 2nd. Arete Research set a $735.00 target price on Meta Platforms and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Barclays boosted their target price on Meta Platforms from $800.00 to $830.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Truist Financial lowered their price target on Meta Platforms from $900.00 to $840.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $840.64.

Check Out Our Latest Stock Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

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.