Buffalo Business & Estate Services Ltd. grew its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 9.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 15,054 shares of the social networking company’s stock after purchasing an additional 1,337 shares during the period. Meta Platforms accounts for about 1.3% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its 12th biggest position. Buffalo Business & Estate Services Ltd.’s holdings in Meta Platforms were worth $8,613,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also made changes to their positions in the company. Vista Capital Partners Inc. boosted its holdings in Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after acquiring an additional 14 shares in the last quarter. First National Bank Sioux Falls grew its stake in shares of Meta Platforms by 0.7% during the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after acquiring an additional 14 shares during the last quarter. Levin Capital Strategies L.P. increased its holdings in shares of Meta Platforms by 1.4% during the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after acquiring an additional 14 shares in the last quarter. Arcataur Capital Management LLC increased its holdings in shares of Meta Platforms by 0.9% during the fourth quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock valued at $1,146,000 after acquiring an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC raised its position in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after purchasing an additional 15 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, COO Javier Olivan sold 140 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $600.00, for a total transaction of $84,000.00. Following the sale, the chief operating officer directly owned 12,846 shares of the company’s stock, valued at approximately $7,707,600. This trade represents a 1.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Meta Platforms stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $629.29, for a total value of $317,162.16. Following the transaction, the director owned 3,943 shares of the company’s stock, valued at $2,481,290.47. The trade was a 11.33% 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. Over the last three months, insiders have sold 39,013 shares of company stock valued at $24,115,999. 13.53% of the stock is owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Meta Platforms
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Qualcomm said Meta will be the first major customer for its new data-center CPU, highlighting Meta’s role in the AI infrastructure buildout and reinforcing expectations that it can keep scaling AI capabilities. Article Title
- Positive Sentiment: Analysts continue to point to Meta’s AI push as a driver of top-line growth, with stronger ad engagement, user activity, and monetization potential helping the bullish long-term case. Article Title
- Positive Sentiment: Meta is also being highlighted as a favored AI stock by investors and hedge-fund watchers, which can support sentiment around the name. Article Title
- Neutral Sentiment: Facebook launched an AI companion app for creators, a product update that could help engagement over time but is not yet a clear near-term stock catalyst. Article Title
- Negative Sentiment: Investor concern remains centered on Meta’s heavy capital spending, with recent commentary noting that higher 2026 CapEx guidance is pressuring near-term cash flow even as revenue growth stays strong. Article Title
- Negative Sentiment: Meta is facing more scrutiny on governance and legal issues, including a lawsuit from a former executive and separate reporting around political and regulatory pressure, which can weigh on sentiment. Article Title
Meta Platforms Stock Performance
META opened at $542.87 on Friday. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The firm has a 50 day moving average of $614.70 and a two-hundred day moving average of $631.32. The firm has a market capitalization of $1.37 trillion, a PE ratio of 19.73, a P/E/G ratio of 0.99 and a beta of 1.23.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. The business had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the firm earned $6.43 EPS. On average, analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current year.
Meta Platforms Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s payout ratio is currently 7.63%.
Meta Platforms Company Profile
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.
Featured Stories
- Five stocks we like better than Meta Platforms
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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:META – Free Report).
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.
