Little House Capital LLC Has $9.61 Million Stock Position in Meta Platforms, Inc. $META

Little House Capital LLC lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,563 shares of the social networking company’s stock after selling 1,011 shares during the period. Meta Platforms makes up about 2.4% of Little House Capital LLC’s portfolio, making the stock its 11th largest position. Little House Capital LLC’s holdings in Meta Platforms were worth $9,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Kennedy Investment Group lifted its holdings in shares of Meta Platforms by 56.3% during the fourth quarter. Kennedy Investment Group now owns 6,734 shares of the social networking company’s stock worth $4,445,000 after buying an additional 2,425 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Meta Platforms by 26.8% during the fourth quarter. IFP Advisors Inc now owns 39,748 shares of the social networking company’s stock worth $26,237,000 after buying an additional 8,395 shares in the last quarter. Seros Financial LLC lifted its holdings in shares of Meta Platforms by 24.7% during the fourth quarter. Seros Financial LLC now owns 515 shares of the social networking company’s stock worth $340,000 after buying an additional 102 shares in the last quarter. RPS Advisory Solutions LLC lifted its holdings in shares of Meta Platforms by 38.7% during the fourth quarter. RPS Advisory Solutions LLC now owns 1,154 shares of the social networking company’s stock worth $761,000 after buying an additional 322 shares in the last quarter. Finally, Quantum Private Wealth LLC lifted its holdings in shares of Meta Platforms by 1.3% during the fourth quarter. Quantum Private Wealth LLC now owns 45,085 shares of the social networking company’s stock worth $29,760,000 after buying an additional 583 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at $8,014,978.24. The trade was a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 Meta Platforms stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the transaction, the insider owned 1,118 shares in the company, valued at approximately $681,890.56. This represents a 65.03% decrease in their position. 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 have sold 42,445 shares of company stock worth $26,306,420. Insiders own 13.53% of the company’s stock.

Meta Platforms Stock Down 0.4%

META stock opened at $632.51 on Friday. The company has a market cap of $1.60 trillion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 1.13 and a beta of 1.25. The business has a 50-day simple moving average of $617.84 and a 200 day simple moving average of $636.88. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 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) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.Meta Platforms’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.43 earnings per share. Sell-side analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, June 15th. Meta Platforms’s payout ratio is 7.63%.

Meta Platforms News Summary

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

• Positive Sentiment: Meta launched paid subscription plans across its flagship apps and Meta AI, opening a new monetization path that could reduce reliance on ad revenue. Mark Zuckerberg says a Meta cloud computing business ‘definitely on the table’
• Positive Sentiment: Analysts and market commentators are pointing to the subscription push as a meaningful upside driver, with some estimating it could add billions in annual revenue if adoption is strong. Meta’s Subscription Push Could Add $13.5 Billion By 2028 Across Instagram, Facebook, WhatsApp
• Neutral Sentiment: Meta also said it may eventually use excess AI/data-center capacity for a cloud business, which adds long-term optionality but is still early-stage. Mark Zuckerberg says a Meta cloud computing business ‘definitely on the table’
• Neutral Sentiment: The company declared a quarterly dividend, which is modest but reinforces capital-return strength. Meta Announces Quarterly Cash Dividend
• Negative Sentiment: Reuters reported Meta’s employee mouse-click tracking tool for AI training may run into EU privacy concerns, creating regulatory risk around data collection and cross-border use. Exclusive: Meta tool to track employee mouse clicks on collision course with EU privacy rules
• Negative Sentiment: Recent commentary from Jim Cramer and disclosures of insider selling add some caution around execution and valuation. Jim Cramer Says Meta “Has Not Excelled in a Visible Way”

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Wolfe Research dropped their target price on Meta Platforms from $850.00 to $800.00 and set an “outperform” rating for the company in a report on Friday, April 10th. Sanford C. Bernstein dropped their target price on Meta Platforms from $900.00 to $850.00 and set an “outperform” rating for the company in a report on Thursday, April 30th. Erste Group Bank downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Arete Research reissued a “neutral” rating on shares of Meta Platforms in a report on Thursday, March 5th. Finally, UBS Group dropped their price target on Meta Platforms from $908.00 to $865.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $840.19.

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.