1,180 Shares of Meta Platforms, Inc. $META Bought by Kings Path Partners LLC

Key Points

• Kings Path Partners LLC bought 1,180 Meta shares worth approximately $856,000 during the third quarter. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $833.12, despite some target reductions.
• Meta exceeded quarterly expectations with $7.40 in adjusted EPS and $64.6 billion in revenue, up 26.1% year over year. However, insiders sold 148,440 shares worth roughly $101.5 million over the past 90 days.

Kings Path Partners LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,180 shares of the social networking company's stock, valued at approximately $856,000.

Several other large investors also recently modified their holdings of META. State Street Corp lifted its stake in Meta Platforms by 4.0% in the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock valued at $51,841,811,000 after buying an additional 3,510,123 shares in the last quarter. Bank of America Corp DE increased its position in shares of Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock worth $12,036,491,000 after acquiring an additional 2,673,494 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Meta Platforms by 1.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company's stock worth $7,230,426,000 after acquiring an additional 162,909 shares in the last quarter. Amundi increased its position in shares of Meta Platforms by 18.1% during the first quarter. Amundi now owns 11,858,972 shares of the social networking company's stock worth $6,784,873,000 after acquiring an additional 1,815,017 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Meta Platforms by 4.0% during the first quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company's stock worth $5,964,745,000 after acquiring an additional 404,948 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on META shares. DZ Bank reaffirmed a "buy" rating on shares of Meta Platforms in a research report on Thursday, July 30th. Erste Group Bank upgraded Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Canaccord Genuity Group increased their target price on Meta Platforms from $930.00 to $950.00 and gave the stock a "buy" rating in a report on Friday, September 25th. HSBC dropped their price target on Meta Platforms from $905.00 to $830.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, KeyCorp boosted their price target on Meta Platforms from $900.00 to $905.00 and gave the company an "overweight" rating in a report on Thursday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $833.12.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $4,379,184.00. Following 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the company's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares in the company, valued at $3,875,854.26. The trade was a 34.07% 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. Over the last 90 days, insiders sold 148,440 shares of company stock worth $101,456,300. Corporate insiders own 13.53% of the company's stock.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta plans to invest heavily in AI infrastructure, proprietary models, personal “superintelligence,” AI assistants such as Muse, and smart glasses. Analysts say the spending could accelerate new product launches and create additional monetization opportunities. Meta's $95 Billion AI Push Could Accelerate New Product Launches
• Positive Sentiment: Several analysts remain bullish, citing Meta’s strong advertising business, user engagement, international revenue growth and relatively low valuation. The company recently reported quarterly revenue of $64.6 billion, up 26% year over year, while earnings exceeded expectations. Analysts Stand by Meta's AI Push
• Positive Sentiment: Investors could eventually benefit if AI improves ad targeting, engagement and new product revenue. Some research argues that Meta’s core Family of Apps business remains attractively valued despite current AI and Reality Labs losses. Meta Platforms: Muse May Be Metaverse 2.0
• Neutral Sentiment: Meta announced approximately $35 billion of equity offerings and plans to raise as much as $95 billion overall, including up to $60 billion through an at-the-market program involving new nonvoting Class C shares. The proceeds are intended to fund AI infrastructure and long-term growth. Meta Announces $95 Billion Stock Offering
• Neutral Sentiment: The financing plan includes a new share class and a mandatory convertible preferred offering that could carry a 6%–6.5% dividend yield, changing Meta’s capital structure while limiting immediate cash funding needs. The New Meta Convertible Stock Offering
• Negative Sentiment: The planned stock issuance creates dilution risk and signals that Meta’s AI buildout will require substantial external capital. Investors are also concerned that aggressive spending could compress margins and weaken free cash flow before AI investments generate returns.
• Negative Sentiment: Meta’s elevated capital-expenditure outlook, combined with a reported $9.89 billion legal charge, has intensified concerns about near-term earnings quality, cash flow and execution risk. Meta Q3 Legal Charge and Capital Expenditures

Meta Platforms Price Performance

NASDAQ META opened at $630.56 on Tuesday. The firm's 50 day moving average is $664.68 and its 200-day moving average is $632.84. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1.61 trillion, a PE ratio of 21.50, a price-to-earnings-growth ratio of 1.12 and a beta of 1.19. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $779.82.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, October 21st. The social networking company reported $7.40 EPS for the quarter, topping the consensus estimate of $6.54 by $0.86. The business had revenue of $64.60 billion during the quarter, compared to analysts' expectations of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The firm's revenue was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.25 earnings per share. Equities research analysts anticipate that Meta Platforms, Inc. will post 28.86 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is 7.16%.

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company's principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.