Meta Platforms, Inc. $META Shares Purchased by Louisbourg Investments Inc.

Posted by Micah Haroldson on Jul 3rd, 2026

Louisbourg Investments Inc. grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 9.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 14,892 shares of the social networking company’s stock after acquiring an additional 1,337 shares during the quarter. Meta Platforms accounts for 1.5% of Louisbourg Investments Inc.’s portfolio, making the stock its 16th largest position. Louisbourg Investments Inc.’s holdings in Meta Platforms were worth $8,520,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. RHL Group LLC acquired a new position in Meta Platforms in the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms during the 4th quarter worth about $29,000. Niles Investment Management LLC acquired a new stake in shares of Meta Platforms during the 4th quarter worth about $29,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $42,000. Finally, Key Capital Management INC acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $48,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Down 4.9%

Shares of META opened at $582.88 on Friday. The firm has a market cap of $1.47 trillion, a PE ratio of 21.19, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The company’s fifty day moving average is $604.62 and its two-hundred day moving average is $628.52. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. The company had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the company earned $6.43 EPS. Analysts forecast that Meta Platforms, Inc. will post 29.46 earnings per share for the current 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 given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is 7.63%.

Insiders Place Their Bets

In other news, insider Curtis J. Mahoney sold 2,079 shares of the business’s 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 completion of the sale, the insider owned 1,118 shares in the company, valued at approximately $681,890.56. The trade was 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, Director Robert M. Kimmitt sold 504 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $629.29, for a total transaction of $317,162.16. Following the sale, the director directly owned 3,943 shares of the company’s stock, valued at approximately $2,481,290.47. This trade represents a 11.33% decrease in their position. 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. Insiders sold 39,013 shares of company stock worth $24,115,999 over the last three months. 13.53% of the stock is owned by insiders.

Meta Platforms News Summary

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

Positive Sentiment: Reports that Meta is building a cloud business to sell excess AI compute have fueled a sharp rally, as investors see a fresh way to turn heavy AI investment into revenue. Zuckerberg says AI agent development going slower than expected
Positive Sentiment: Wall Street has reacted favorably to the cloud-compute plan, with analysts and media coverage suggesting the strategy could become a multi-billion-dollar business and improve META’s monetization profile. Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Positive Sentiment: Unusual options activity showed strong investor demand for upside exposure, suggesting traders are positioning for further gains if Meta confirms the cloud strategy. Jim Cramer Says Meta Is Entering AI’s ‘Most Lucrative Game’
Neutral Sentiment: Meta also rolled out a new AI-powered gaming app called Pocket, which highlights continued product experimentation but is not yet a major earnings driver. Meta quietly launches vibe-coded gaming app Pocket
Neutral Sentiment: Meta announced it is joining a video distribution patent pool, which could reduce legal friction around video content but is unlikely to move the stock on its own. Access Advance Welcomes Meta Platforms, Inc. and Alibaba Group to the Video Distribution Patent Pool
Negative Sentiment: Mark Zuckerberg said AI agent development has been progressing more slowly than expected, a reminder that Meta’s broader AI ambitions may take longer to pay off. Zuckerberg says AI agent development going slower than expected
Negative Sentiment: India asked Meta to delay WhatsApp usernames over fraud concerns, adding regulatory risk around a feature tied to WhatsApp monetization and privacy efforts. India asks Meta to hold WhatsApp username rollout over fraud fears
Negative Sentiment: Meta also lost a bid to dismiss a states’ lawsuit over Facebook and Instagram addiction claims, which keeps legal overhang in focus. Meta loses bid to dismiss states’ lawsuit over Facebook and Instagram addiction claims

Analyst Ratings Changes

Several brokerages recently issued reports on META. Truist Financial reduced their price objective on shares of Meta Platforms from $900.00 to $840.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. UBS Group downgraded Meta Platforms from a “buy” rating to a “neutral” rating in a report on Tuesday, June 2nd. Weiss Ratings lowered Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Barclays raised their price objective on Meta Platforms from $800.00 to $830.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Mizuho dropped their target price on Meta Platforms from $850.00 to $835.00 and set an “outperform” rating for the company in a research note on Tuesday, May 5th. Three 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $840.64.

Check Out Our Latest Stock Analysis on META

Meta Platforms 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.