Seaview Investment Managers LLC Buys 3,316 Shares of Meta Platforms, Inc. $META

Seaview Investment Managers LLC grew its stake in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 22.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 17,979 shares of the social networking company’s stock after buying an additional 3,316 shares during the quarter. Meta Platforms accounts for approximately 3.0% of Seaview Investment Managers LLC’s portfolio, making the stock its 13th biggest position. Seaview Investment Managers LLC’s holdings in Meta Platforms were worth $10,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in META. RHL Group LLC acquired a new position in shares of Meta Platforms during the fourth quarter worth approximately $28,000. Strategic Wealth Advisors LLC acquired a new stake in Meta Platforms in the 4th quarter valued at $29,000. Safe Harbor Fiduciary LLC bought a new stake in Meta Platforms during the 4th quarter valued at $42,000. Axiom Investment Management LLC bought a new stake in Meta Platforms during the 1st quarter valued at $36,000. Finally, Bayban raised its holdings in Meta Platforms by 100.0% during the first quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after buying an additional 35 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 0.9%

Shares of Meta Platforms stock opened at $589.85 on Friday. The firm has a market cap of $1.50 trillion, a PE ratio of 22.22, a P/E/G ratio of 1.01 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The stock has a fifty day moving average price of $595.94 and a 200-day moving average price of $620.41.

Meta Platforms (NASDAQ:METAGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (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 analysts’ expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.14 EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 28.5 EPS for the current year.

Meta Platforms Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on META shares. Susquehanna reduced their price objective on shares of Meta Platforms from $900.00 to $650.00 and set a “positive” rating for the company in a report on Thursday, July 30th. Evercore restated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 30th. Mizuho set a $750.00 price target on shares of Meta Platforms in a research report on Thursday, July 30th. Wells Fargo & Company cut their price target on Meta Platforms from $835.00 to $640.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Finally, Monness Crespi & Hardt decreased their price objective on Meta Platforms from $890.00 to $730.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $785.32.

View Our Latest Analysis on META

Insiders Place Their Bets

In other news, COO Javier Olivan sold 1,258 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $600.00, for a total transaction of $754,800.00. Following the completion of the transaction, the chief operating officer owned 1,517 shares in the company, valued at approximately $910,200. This represents a 45.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 completion of the sale, the director directly owned 2,943 shares of the company’s stock, valued at approximately $1,652,671.08. This trade represents a 14.52% 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 36,280 shares of company stock valued at $22,075,696 over the last three months. Company insiders own 13.53% of the company’s stock.

Key Meta Platforms News

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

  • Positive Sentiment: Analysts remain constructive on Meta’s long-term outlook, citing 28% revenue growth, resilient advertising demand and additional monetization opportunities in WhatsApp. Some commentary argues that the market is assigning little value to future AI and messaging revenue streams. Meta Has $27 Billion That Isn’t On Its Balance Sheet
  • Positive Sentiment: Meta released Glimmer, an open-weight AI model that users can download and run on their own hardware, supporting Mark Zuckerberg’s strategy of broadening access to AI. The move could strengthen developer adoption and Meta’s competitive position, although its financial payoff is uncertain. Meta’s open AI, and a $250M deal gone very wrong
  • Neutral Sentiment: Meta removed approximately 756,000 suspected under-16 accounts in Australia—462,000 from Instagram and 294,000 from Facebook—as it enforces the country’s youth social-media restrictions. The action demonstrates regulatory compliance but may raise moderation costs and reduce engagement among younger users. Meta says it has taken down 756,000 Australian teen accounts
  • Neutral Sentiment: Institutional trading was mixed: Dodge & Cox increased its position by 1.47 million shares, while Sands Capital and Columbus Hill reduced their stakes. These transactions may influence sentiment but do not by themselves change Meta’s fundamentals. Dodge and Cox boosts Meta Platforms stake
  • Negative Sentiment: A Ninth Circuit ruling removed a procedural barrier to more than 3,000 lawsuits alleging Meta’s product features harm young users. The court did not determine liability, but the decision allows the cases to proceed and adds potential litigation costs, damages and pressure to change platform design. How Serious Are Thousands of Addiction Lawsuits for Meta and Snap?
  • Negative Sentiment: Investors remain concerned that Meta’s roughly $145 billion AI investment plan and major data-center projects could produce diminishing returns, compress margins and weigh on free cash flow before monetization catches up. Meta: Diminishing Q2 CapEx ROI Is Alarming
  • Negative Sentiment: Meta COO Javier Olivan disclosed additional sales under a pre-arranged Rule 10b5-1 plan, while several funds also trimmed holdings. Although planned insider sales are not necessarily bearish, they can add to near-term selling pressure. Meta COO insider stock sale

About Meta Platforms

(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.

Further Reading

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:METAFree Report).

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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