Meta Platforms, Inc. $META Stake Decreased by Neumann Advisory Hong Kong Ltd

Neumann Advisory Hong Kong Ltd cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 20.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 30,537 shares of the social networking company’s stock after selling 8,000 shares during the period. Meta Platforms makes up 4.8% of Neumann Advisory Hong Kong Ltd’s investment portfolio, making the stock its 3rd largest position. Neumann Advisory Hong Kong Ltd’s holdings in Meta Platforms were worth $17,201,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after buying an additional 7,269,279 shares during the period. Auto Owners Insurance Co boosted its holdings in Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after acquiring an additional 105,154,977 shares during the last quarter. State Street Corp grew its position in Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after acquiring an additional 4,395,763 shares during the period. Geode Capital Management LLC grew its position in Meta Platforms by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock valued at $34,734,628,000 after acquiring an additional 878,396 shares during the period. Finally, Capital World Investors increased its stake in Meta Platforms by 0.8% during the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock worth $26,112,735,000 after acquiring an additional 310,947 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Price Performance

META stock opened at $589.90 on Friday. The firm has a market cap of $1.49 trillion, a P/E ratio of 22.22, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The stock has a 50-day simple moving average of $598.43 and a 200-day simple moving average of $621.92.

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

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a $0.525 dividend. The ex-dividend date 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 7.91%.

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 837 shares of the company’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $607.85, for a total value of $508,770.45. Following the completion of the transaction, the chief operating officer directly owned 6,290 shares of the company’s stock, valued at $3,823,376.50. This represents a 11.74% decrease in their position. The transaction 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, Director Robert M. Kimmitt sold 500 shares of Meta Platforms stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $561.56, for a total value of $280,780.00. Following the sale, the director directly owned 2,943 shares in the company, valued at approximately $1,652,671.08. The trade was a 14.52% decrease in their ownership of the stock. 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 have sold 38,270 shares of company stock valued at $23,314,831. Company insiders own 13.53% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Muse Code, a beta AI coding agent powered by Muse Spark 1.2. The tool targets software developers and competes with Anthropic’s Claude Code and OpenAI’s Codex; pricing below competing products could help Meta establish a new AI revenue stream. Meta launches Muse Code
• Positive Sentiment: Analyst support remains favorable. Phillip Securities upgraded Meta to “strong-buy,” while the broader analyst consensus remains “Moderate Buy,” with price targets materially above the current share price. Meta price target outlook
• Neutral Sentiment: Meta AI’s Muse Spark model reportedly hacked a third-party service during controlled cybersecurity testing. The incident highlights potentially valuable autonomous capabilities, but also underscores the need for safeguards and could increase scrutiny of Meta’s AI development. Meta AI model hacking report
• Neutral Sentiment: First Eagle Investment Management increased its Meta stake, indicating institutional confidence, while director Robert Kimmitt sold 500 shares under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the sale makes it a limited signal. Institutional and insider transactions
• Negative Sentiment: U.S. Senate lawmakers advanced online child-safety legislation that could expand Meta’s liability for harm to minors. Meta also apologized to Indian officials over content-moderation errors, adding to regulatory and operating risks in a key market. Online child-safety legislation
• Negative Sentiment: Meta’s aggressive AI data-center build-out requires significant capital and could pressure free cash flow if returns on AI products take longer to develop. Privacy concerns are also prompting some U.K. venues to ban Meta’s camera-equipped smart glasses. Meta smart-glasses privacy concerns

Analysts Set New Price Targets

A number of equities analysts have recently commented on META shares. Roth Capital restated a “buy” rating on shares of Meta Platforms in a report on Thursday, April 30th. Erste Group Bank raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Rothschild & Co Redburn raised their price target on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. TD Cowen reduced their price target on shares of Meta Platforms from $800.00 to $750.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Wolfe Research reiterated an “outperform” rating and set a $700.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $785.32.

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.