Pallas Capital Advisors LLC Has $15.39 Million Holdings in Meta Platforms, Inc. $META

Pallas Capital Advisors LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 16.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,316 shares of the social networking company’s stock after buying an additional 3,791 shares during the quarter. Pallas Capital Advisors LLC’s holdings in Meta Platforms were worth $15,387,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Abbot Financial Management Inc. increased its holdings in shares of Meta Platforms by 53.5% during the 2nd quarter. Abbot Financial Management Inc. now owns 2,845 shares of the social networking company’s stock worth $1,603,000 after acquiring an additional 991 shares during the last quarter. Ashton Thomas Securities LLC lifted its holdings in Meta Platforms by 17.4% during the 1st quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company’s stock valued at $10,299,000 after purchasing an additional 2,670 shares during the last quarter. WMS Group LLC acquired a new stake in Meta Platforms during the 4th quarter valued at $876,000. Czech National Bank boosted its position in Meta Platforms by 4.9% during the second quarter. Czech National Bank now owns 625,079 shares of the social networking company’s stock worth $352,101,000 after purchasing an additional 29,411 shares during the period. Finally, Signature Estate & Investment Advisors LLC boosted its position in Meta Platforms by 2.5% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 118,460 shares of the social networking company’s stock worth $78,195,000 after purchasing an additional 2,871 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on META shares. Weiss Ratings lowered shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 26th. KeyCorp reduced their target price on shares of Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Monness Crespi & Hardt decreased their price target on shares of Meta Platforms from $890.00 to $730.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. BNP Paribas Exane initiated coverage on shares of Meta Platforms in a report on Tuesday, June 2nd. They issued an “outperform” rating on the stock. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Monday, June 1st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $787.54.

Meta Platforms Stock Down 1.4%

META opened at $644.38 on Friday. The stock has a fifty day moving average of $600.28 and a 200-day moving average of $608.66. The company has a market capitalization of $1.64 trillion, a P/E ratio of 24.27, a P/E/G ratio of 1.13 and a beta of 1.25. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $790.80. 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 (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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same quarter last year, the company posted $7.14 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. On average, equities analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current year.

Key Meta Platforms News

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

• Positive Sentiment: JPMorgan upgraded Meta from Neutral to Overweight and raised its price target from $640 to $820, citing the company’s frontier AI models and AI-agent opportunity as potential growth drivers beyond advertising. JPMorgan upgrades Meta on AI models and agents
• Positive Sentiment: Meta’s Muse AI agent gained significant early traction, reportedly reaching the No. 2 position among U.S. apps. Its free and paid subscription tiers could create a recurring revenue stream and help monetize Meta’s substantial AI investments. Meta’s AI agent Muse reaches No. 2 app ranking
• Positive Sentiment: Meta’s board declared a quarterly cash dividend of $0.525 per share, payable September 28 to shareholders of record September 21. The dividend adds to shareholder returns and signals confidence in cash generation. Meta announces quarterly cash dividend
• Neutral Sentiment: Investors remain divided over whether Muse can become a material financial catalyst. Dedicated computing, security and inference costs could pressure margins before subscription revenue scales, while Meta continues to commit heavily to AI infrastructure.
• Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta for Anthropic. The departure raises concerns about Meta’s ability to retain high-value technical talent amid intensifying competition for AI researchers. Top AI researcher leaves Meta for Anthropic
• Negative Sentiment: Meta faces renewed privacy and regulatory scrutiny as Muse can access sensitive information and perform actions across third-party applications. Reports of fraudulent cryptocurrency advertisements and related lawsuits add to reputational and legal risks.
• Negative Sentiment: COO Javier Olivan sold shares worth approximately $3.3 million in two transactions under a pre-arranged Rule 10b5-1 plan. Although scheduled sales are less concerning, the sizable reduction in his direct holdings may weigh modestly on sentiment.

Insider Transactions at Meta Platforms

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares in the company, valued at $3,875,854.26. This represents a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the sale, the chief technology officer owned 828 shares of the company’s stock, valued at approximately $462,024. The trade was a 90.46% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 41,581 shares of company stock worth $24,506,695. Company insiders own 13.53% of the company’s stock.

Meta Platforms Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.