180,000 Shares in Meta Platforms, Inc. $META Purchased by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt opened a new position in Meta Platforms during the fourth quarter, buying 180,000 shares valued at about $118.8 million.
• Meta’s latest quarterly results were strong, with earnings of $10.44 per share beating estimates and revenue rising 33.1% year over year to $56.31 billion.
• Wall Street remains broadly positive on META, with a Moderate Buy consensus and an average price target of $840.31, though some analysts have recently trimmed or downgraded ratings amid concerns about spending and regulation.

Alecta Tjanstepension Omsesidigt acquired a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 180,000 shares of the social networking company's stock, valued at approximately $118,769,000.

A number of other institutional investors have also recently bought and sold shares of META. Ashton Thomas Private Wealth LLC lifted its position in shares of Meta Platforms by 34.2% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company's stock worth $38,373,000 after purchasing an additional 13,311 shares during the last quarter. Keybank National Association OH lifted its position in shares of Meta Platforms by 15.7% during the 4th quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock worth $88,319,000 after purchasing an additional 18,169 shares during the last quarter. Becker Capital Management Inc. lifted its position in shares of Meta Platforms by 5.0% during the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company's stock worth $25,741,000 after purchasing an additional 1,657 shares during the last quarter. Diversified Trust Co. lifted its position in shares of Meta Platforms by 4.1% during the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock worth $55,487,000 after purchasing an additional 3,336 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC lifted its position in shares of Meta Platforms by 16.2% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company's stock worth $5,091,000 after purchasing an additional 968 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Wall Street Analyst Weigh In

META has been the topic of several research reports. Barclays boosted their price target on Meta Platforms from $800.00 to $830.00 and gave the company an "overweight" rating in a research note on Thursday, April 30th. Evercore boosted their price target on Meta Platforms from $875.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. Monness Crespi & Hardt boosted their price target on Meta Platforms from $808.00 to $890.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Wall Street Zen lowered Meta Platforms from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Rosenblatt Securities restated a "buy" rating and set a $1,015.00 price target on shares of Meta Platforms in a research note on Thursday, April 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $840.31.

Meta Platforms Trading Down 0.7%

META stock opened at $614.23 on Friday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The firm has a market cap of $1.55 trillion, a P/E ratio of 22.33, a P/E/G ratio of 1.08 and a beta of 1.25. The business's 50 day moving average is $622.18 and its 200-day moving average is $640.72. 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 (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the prior year, the company posted $6.43 EPS. The company's revenue was up 33.1% compared to the same quarter last year. Equities analysts anticipate that Meta Platforms, Inc. will post 29.65 earnings per share for the current fiscal year.

Insider Activity at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the company's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total value of $386,860.00. Following the sale, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. This represents a 13.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the company's stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $604.57, for a total value of $559,831.82. Following the completion of the sale, the chief operating officer owned 6,853 shares in the company, valued at approximately $4,143,118.21. This represents a 11.90% 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 quarter, insiders sold 160,352 shares of company stock worth $102,559,436. Corporate insiders own 13.61% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Bill Ackman’s Pershing Square continues to hold Meta alongside other megacap AI leaders, reinforcing the view that META remains a core long-term AI and digital ads name. Microsoft, Meta, Amazon and Google. Is Ackman's Hedge Fund Just a Mag 7 Play?
• Positive Sentiment: Analysts and market commentary continue to point out that Meta’s latest earnings beat was strong, with faster revenue growth and better-than-expected EPS, which supports the bull case despite recent volatility. Meta Platforms Stock Performance
• Neutral Sentiment: Meta is getting attention as one of the most-watched stocks on Zacks, suggesting investors are closely focused on what comes next for AI spending, ad growth, and margins. Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Meta is still a key part of the AI trade, but commentary about an AI bubble and crowded megacap positioning is keeping sentiment cautious around the stock. UBS warns AI stocks are overheating as growth expectations collide with history
• Negative Sentiment: Meta’s CFO said 2026 capital expenditures are expected to keep rising, intensifying concerns that heavy AI infrastructure spending could weigh on free cash flow and near-term profitability. Money Pit? Zuckerberg Just Exposed Why Hyperscaler AI Spending Keeps Going Up
• Negative Sentiment: Meta is facing fresh legal and regulatory pressure, including a New Mexico youth-safety trial, an Italian lawsuit over minors’ social media use, and a California suit tied to AI scam ads and advertising practices. Meta and Google fund US kids' groups, as critics warn of social media risk
• Negative Sentiment: Some fund managers trimmed META holdings, which may add to near-term caution even though other investors increased exposure. ARK Investment’s Cathie Wood Cuts Meta Platforms Stake Sharply

Meta Platforms 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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