Meta Platforms, Inc. $META is Ceera Investments LLC’s 4th Largest Position

Ceera Investments LLC lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,059 shares of the social networking company’s stock after selling 1,446 shares during the period. Meta Platforms accounts for approximately 3.8% of Ceera Investments LLC’s portfolio, making the stock its 4th largest holding. Ceera Investments LLC’s holdings in Meta Platforms were worth $8,616,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Quadrant Private Wealth Management LLC raised its stake in shares of Meta Platforms by 2.6% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 22,562 shares of the social networking company’s stock valued at $12,908,000 after purchasing an additional 565 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in Meta Platforms by 7.6% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 175,954 shares of the social networking company’s stock worth $107,405,000 after purchasing an additional 12,437 shares during the period. Kesler Norman & Wride LLC grew its holdings in Meta Platforms by 1.6% during the 1st quarter. Kesler Norman & Wride LLC now owns 8,394 shares of the social networking company’s stock valued at $4,802,000 after buying an additional 133 shares in the last quarter. Watershed Asset Management L.L.C. increased its position in shares of Meta Platforms by 47.6% during the first quarter. Watershed Asset Management L.L.C. now owns 5,087 shares of the social networking company’s stock valued at $2,910,000 after buying an additional 1,640 shares during the period. Finally, Heartland Bank & Trust Co increased its position in shares of Meta Platforms by 21.5% during the first quarter. Heartland Bank & Trust Co now owns 7,573 shares of the social networking company’s stock valued at $4,333,000 after buying an additional 1,341 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

META has been the subject of a number of analyst reports. Susquehanna upgraded shares of Meta Platforms from a “positive” rating to a “positive” rating in a research report on Tuesday, June 2nd. Guggenheim decreased their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. Piper Sandler initiated coverage on shares of Meta Platforms in a report on Tuesday, June 2nd. They issued an “overweight” rating for the company. Finally, Wells Fargo & Company upped their price target on shares of Meta Platforms from $767.00 to $835.00 and gave the stock an “overweight” rating in a report on Tuesday. Five research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $835.64.

Key Meta Platforms News

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

• Positive Sentiment: A Florida teen dropped his lawsuit against Meta over alleged social-media addiction harms ahead of trial, reducing legal overhang and removing a potential headline risk for the company.
• Positive Sentiment: Jefferies said Meta’s AI glasses could become a long-term hardware growth driver, noting strong early product reception and Meta’s first-mover advantage in shipping AI glasses at scale.
• Positive Sentiment: Multiple reports highlighted strong demand for AI infrastructure led by Meta, including record hyperscaler leasing and speculation around a large compute deal with Anthropic, reinforcing confidence in Meta’s AI spending strategy.
• Positive Sentiment: Wells Fargo and Rothschild & Co Redburn both raised price targets on Meta, signaling that some Wall Street analysts remain constructive on the stock’s longer-term upside.
• Neutral Sentiment: Meta continues to face mixed sentiment around its AI push, including scrutiny over heavy capital spending and broader concerns about big-tech debt and future infrastructure commitments.
• Neutral Sentiment: Commentary comparing Meta with other Magnificent 7 names suggests investors are watching upcoming earnings closely for signs that the company can re-accelerate enthusiasm around the stock.
• Negative Sentiment: Analysts cited by Zacks warned Meta may report weaker earnings growth in its upcoming results, which could weigh on sentiment if the company disappoints expectations.
• Negative Sentiment: Several articles continued to focus on regulatory and legal risks tied to social-media harms, including criticism of Meta’s platforms and broader scrutiny of addictive features.

Insider Transactions at Meta Platforms

In other news, insider Curtis J. Mahoney sold 2,079 shares of the stock in a transaction dated 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 transaction, the insider directly owned 1,118 shares in the company, valued at approximately $681,890.56. This represents a 65.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the sale, the chief operating officer owned 9,498 shares of the company’s stock, valued at $5,708,013.06. The trade was a 26.06% 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. Insiders have sold a total of 37,948 shares of company stock valued at $23,184,319 over the last quarter. 13.53% of the stock is owned by company insiders.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $627.17 on Thursday. The company’s fifty day moving average price is $605.14 and its 200-day moving average price is $626.29. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The firm has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its 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. The company had revenue of $56.31 billion during 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%. The firm’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business earned $6.43 earnings per share. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 30.04 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders 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 yield of 0.3%. Meta Platforms’s payout ratio is 7.63%.

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.