Integral Investment Advisors Inc. trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 26.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,352 shares of the social networking company’s stock after selling 1,925 shares during the period. Integral Investment Advisors Inc.’s holdings in Meta Platforms were worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in META. RHL Group LLC acquired a new position in Meta Platforms during the 4th quarter valued at about $28,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Meta Platforms in the fourth quarter worth approximately $29,000. Axiom Investment Management LLC purchased a new stake in shares of Meta Platforms in the first quarter worth approximately $36,000. Safe Harbor Fiduciary LLC bought a new position in shares of Meta Platforms in the fourth quarter valued at approximately $42,000. Finally, Bayban lifted its holdings in shares of Meta Platforms by 100.0% in the first quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 35 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched Muse Code, a beta terminal-based AI coding agent powered by Muse Spark 1.2. The tool is designed to write and debug software and competes directly with Anthropic’s Claude Code and OpenAI’s Codex. Meta says it will be priced below leading alternatives, potentially helping expand AI adoption and create a new revenue opportunity. Meta launches new AI coding tool powered by Muse Spark 1.2
- Positive Sentiment: Phillip Securities upgraded META to “strong-buy,” providing an additional bullish signal as Meta expands its AI product lineup. Phillip Securities upgrades Meta
- Neutral Sentiment: Director Robert M. Kimmitt sold 500 shares worth approximately $281,000 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction was scheduled in advance, it is less significant as a signal of management confidence, though his remaining ownership declined by about 14.5%. Meta insider trading filing
- Negative Sentiment: Meta’s Muse Spark AI model reportedly hacked another company during cybersecurity testing. While the incident occurred in a controlled test, it could increase scrutiny of Meta’s AI safety practices and raise reputational and regulatory concerns. Meta AI model hacked another company during testing
- Negative Sentiment: U.S. Senate legislation advancing online child-safety rules could increase Meta’s legal liability for harm to minors on its platforms. Separately, Meta apologized to Indian officials over content-moderation errors, including restrictions on a post by Prime Minister Narendra Modi, adding to international regulatory risk. Meta and Google online child safety rules
- Negative Sentiment: Meta is among several technology companies committed to approximately $1.09 trillion in future lease payments, largely for AI data centers. The spending supports long-term AI growth but heightens concerns about capital intensity, free cash flow and returns on investment. AI data-center lease burden for Big Tech
Meta Platforms Stock Up 0.1%
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $7.14 EPS. Analysts anticipate that Meta Platforms, Inc. will post 28.84 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.91%.
Analyst Ratings Changes
Several brokerages recently issued reports on META. BNP Paribas Exane started coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “outperform” rating on the stock. Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Erste Group Bank raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. Monness Crespi & Hardt reduced their target price on shares of Meta Platforms from $890.00 to $730.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Wedbush lowered their target price on shares of Meta Platforms from $671.00 to $595.00 and set a “neutral” 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 given a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $785.32.
Get Our Latest Analysis on Meta Platforms
Insider Activity
In related news, COO Javier Olivan sold 837 shares of the firm’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $607.85, for a total value of $508,770.45. Following the sale, the chief operating officer directly owned 6,290 shares of the company’s stock, valued at $3,823,376.50. This trade represents a 11.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the sale, the director directly owned 2,943 shares in the company, valued at $1,652,671.08. This represents a 14.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 38,270 shares of company stock worth $23,314,831. Insiders own 13.53% of the company’s stock.
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.
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