Meta Platforms, Inc. $META Shares Acquired by GK Wealth Management LLC

GK Wealth Management LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 661.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,950 shares of the social networking company’s stock after buying an additional 3,431 shares during the quarter. Meta Platforms accounts for 1.2% of GK Wealth Management LLC’s portfolio, making the stock its 20th biggest holding. GK Wealth Management LLC’s holdings in Meta Platforms were worth $2,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. RHL Group LLC acquired a new position in shares of Meta Platforms during the 4th quarter worth $28,000. Strategic Wealth Advisors LLC purchased a new stake in Meta Platforms during the fourth quarter worth about $29,000. Niles Investment Management LLC acquired a new position in Meta Platforms during the fourth quarter worth about $29,000. Axiom Investment Management LLC purchased a new position in Meta Platforms in the first quarter valued at about $36,000. Finally, Bayban lifted its position in shares of Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $588.77 on Thursday. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The business has a fifty day moving average of $599.34 and a 200-day moving average of $622.13. The stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company had revenue of $60.80 billion for the quarter, compared to analysts’ expectations of $60.22 billion. During the same quarter in the prior year, the business posted $7.14 EPS. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. As a group, analysts predict that Meta Platforms, Inc. will post 28.84 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is currently 7.91%.

Analyst Ratings Changes

META has been the topic of a number of research reports. Sanford C. Bernstein restated an “outperform” rating and issued a $800.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. Guggenheim reaffirmed a “buy” rating and set a $800.00 price objective on shares of Meta Platforms in a report on Tuesday, July 28th. Robert W. Baird decreased their target price on Meta Platforms from $830.00 to $750.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Barclays dropped their price target on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a research note on Wednesday, July 8th. Four analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $785.32.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Muse Code, a beta terminal-based AI coding agent powered by Muse Spark 1.2. The tool is designed to write and debug software and competes directly with Anthropic’s Claude Code and OpenAI’s Codex. Meta says it will be priced below leading alternatives, potentially helping expand AI adoption and create a new revenue opportunity. Meta launches new AI coding tool powered by Muse Spark 1.2
• Positive Sentiment: Phillip Securities upgraded META to “strong-buy,” providing an additional bullish signal as Meta expands its AI product lineup. Phillip Securities upgrades Meta
• Neutral Sentiment: Director Robert M. Kimmitt sold 500 shares worth approximately $281,000 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction was scheduled in advance, it is less significant as a signal of management confidence, though his remaining ownership declined by about 14.5%. Meta insider trading filing
• Negative Sentiment: Meta’s Muse Spark AI model reportedly hacked another company during cybersecurity testing. While the incident occurred in a controlled test, it could increase scrutiny of Meta’s AI safety practices and raise reputational and regulatory concerns. Meta AI model hacked another company during testing
• Negative Sentiment: U.S. Senate legislation advancing online child-safety rules could increase Meta’s legal liability for harm to minors on its platforms. Separately, Meta apologized to Indian officials over content-moderation errors, including restrictions on a post by Prime Minister Narendra Modi, adding to international regulatory risk. Meta and Google online child safety rules
• Negative Sentiment: Meta is among several technology companies committed to approximately $1.09 trillion in future lease payments, largely for AI data centers. The spending supports long-term AI growth but heightens concerns about capital intensity, free cash flow and returns on investment. AI data-center lease burden for Big Tech

Insider Activity

In related news, COO Javier Olivan sold 3,348 shares of the company’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 transaction of $2,012,047.56. Following the transaction, the chief operating officer owned 9,498 shares of the company’s stock, valued at approximately $5,708,013.06. This represents a 26.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares of the company’s stock, valued at $251,641.62. The trade was a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 38,270 shares of company stock worth $23,314,831. Corporate insiders own 13.53% of the company’s stock.

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.