Meta Platforms, Inc. $META Shares Bought by Tanager Wealth Management LLP

Key Points

• Tanager Wealth Management LLP boosted its Meta Platforms stake by 26.8% in Q1, buying 1,579 additional shares and bringing its total holding to 7,479 shares worth about $4.28 million.
• Meta reported strong quarterly results on April 29, with EPS of $10.44 beating estimates by $3.77 and revenue of $56.31 billion topping forecasts, while revenue jumped 33.1% year over year.
• Despite the solid earnings and ongoing institutional interest, Meta faces mixed signals from insiders and the market: insiders sold 39,013 shares over the last quarter, and analysts remain broadly positive with a consensus “Moderate Buy” rating and a $840.60 target price.

Tanager Wealth Management LLP lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 26.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,479 shares of the social networking company's stock after buying an additional 1,579 shares during the period. Tanager Wealth Management LLP's holdings in Meta Platforms were worth $4,279,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Global Financial Private Client LLC grew its stake in Meta Platforms by 22.1% during the 1st quarter. Global Financial Private Client LLC now owns 5,625 shares of the social networking company's stock valued at $3,218,000 after acquiring an additional 1,020 shares in the last quarter. Independence Wealth Advisors LLC lifted its stake in Meta Platforms by 11.3% in the 1st quarter. Independence Wealth Advisors LLC now owns 2,154 shares of the social networking company's stock worth $1,232,000 after purchasing an additional 219 shares in the last quarter. KFA Private Wealth Group LLC lifted its stake in Meta Platforms by 6.7% in the 1st quarter. KFA Private Wealth Group LLC now owns 792 shares of the social networking company's stock worth $453,000 after purchasing an additional 50 shares in the last quarter. Auour Investments LLC acquired a new position in shares of Meta Platforms during the 1st quarter worth approximately $406,000. Finally, MBM Wealth Consultants LLC acquired a new position in shares of Meta Platforms during the 1st quarter worth approximately $88,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Curtis J. Mahoney sold 2,079 shares of the business's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $629.29, for a total value of $317,162.16. Following the transaction, the director directly owned 3,943 shares of the company's stock, valued at approximately $2,481,290.47. This trade represents a 11.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 39,013 shares of company stock valued at $24,115,999 over the last quarter. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $550.25 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock has a market capitalization of $1.39 trillion, a price-to-earnings ratio of 20.00, a PEG ratio of 0.97 and a beta of 1.23. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The firm's fifty day simple moving average is $612.28 and its 200-day simple moving average is $630.50.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm's revenue for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the firm earned $6.43 EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a dividend of $0.525 per share. 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 currently 7.63%.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Wedbush’s Dan Ives said Meta is being treated like a “bear market” stock despite its central role in the AI buildout, arguing the recent selloff is more about short-term impatience than a broken AI thesis.
• Positive Sentiment: Analyst commentary said Meta’s AI push is driving revenue growth, stronger ad engagement, and rising user activity, supporting the case for further upside.
• Positive Sentiment: Qualcomm’s new AI data-center push and partnerships with Meta and Microsoft reinforce Meta’s role in major AI infrastructure deals, which may support long-term growth expectations. Qualcomm stock jumps on AI data center push, Meta and Microsoft deals
• Positive Sentiment: One article framed Meta as one of the most attractive mega-cap tech names after the 2026 selloff, suggesting the stock could have meaningful recovery potential from current levels.
• Neutral Sentiment: Mark Zuckerberg is reportedly pushing Meta to explore working with prediction-market platforms Polymarket and Kalshi as part of an Arena app aimed at younger users, which could expand engagement but is still early-stage. Mark Zuckerberg Urges Meta to Explore Working With Polymarket and Kalshi
• Neutral Sentiment: Consumer-sentiment commentary said Meta continues to keep users on its platforms longer, but investor sentiment remains weighed down by AI spending concerns. Ca$htag$: Is META Winning Over Consumers?
• Negative Sentiment: Meta is facing fresh legal and reputational pressure after Sarah Wynn-Williams accused the company of surveilling her to silence criticism, adding to headline risk around the stock.
• Negative Sentiment: Multiple reports continue to highlight investor concern that Meta’s aggressive AI infrastructure spending is compressing near-term cash flow, which has been a major factor behind the stock’s weakness.

Analyst Upgrades and Downgrades

Several research firms recently commented on META. Benchmark began coverage on Meta Platforms in a report on Tuesday, June 2nd. They issued a "buy" rating for the company. Wall Street Zen downgraded Meta Platforms from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Mizuho cut their target price on Meta Platforms from $850.00 to $835.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 5th. Wells Fargo & Company cut their price target on shares of Meta Platforms from $770.00 to $765.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 20th. Finally, Arete Research set a $735.00 price objective on Meta Platforms and gave the company a "buy" rating in a research note on Tuesday, June 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.60.

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.

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