3,302 Meta Platforms, Inc. $META Shares Acquired by MRA Advisory Group

Key Points

• MRA Advisory Group more than doubled its Meta position in the third quarter, purchasing 3,302 additional shares for a total of 6,350 shares valued at approximately $4.6 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta’s AI initiatives, particularly the Muse assistant and Personal Agent Protocol, are driving investor enthusiasm, with Wells Fargo raising its price target to $1,000. However, monetization, user retention and potential AI-related execution risks remain uncertain.
• Meta shares recently fell 1.8% to $725.69, while analysts maintained a “Moderate Buy” consensus and an average price target of $791.86. The company exceeded revenue expectations but missed quarterly EPS estimates, and it faces a potential legal penalty of up to $40 billion in New Mexico.

MRA Advisory Group raised its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 108.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,350 shares of the social networking company's stock after buying an additional 3,302 shares during the quarter. Meta Platforms comprises approximately 1.7% of MRA Advisory Group's portfolio, making the stock its 21st biggest position. MRA Advisory Group's holdings in Meta Platforms were worth $4,605,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Auto Owners Insurance Co increased its stake in shares of Meta Platforms by 76,587.7% in the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after acquiring an additional 105,154,977 shares in the last quarter. State Street Corp boosted its stake in Meta Platforms by 4.0% during the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares in the last quarter. Bank of America Corp DE grew its holdings in Meta Platforms by 14.6% in 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 purchasing an additional 2,673,494 shares during the period. Invesco Ltd. grew its holdings in Meta Platforms by 6.1% in the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock worth $12,013,948,000 after purchasing an additional 1,046,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake 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 valued at $7,230,426,000 after purchasing an additional 162,909 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

More Meta Platforms News

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

• Positive Sentiment: Wells Fargo raised its price target to $1,000 from $796 and maintained an Overweight rating, citing investor enthusiasm for Meta’s Muse AI product cycle. The target is bullish, although the analyst’s model reportedly anticipates a difficult period before the target becomes achievable. Why this analyst expects Meta stock to hit $1,000
• Positive Sentiment: Meta’s Muse AI assistant is reportedly leading app-download charts, reinforcing the company’s consumer AI momentum. Investors are also watching evidence that Muse can influence shopping behavior and create new commercial opportunities beyond advertising. Meta's Muse assistant tops app charts
• Positive Sentiment: Meta and Sierra announced the Personal Agent Protocol, an open standard intended to let AI agents interact with businesses. Participation from companies including Shopify, Stripe, Walmart and Genesys could improve adoption and strengthen Meta’s position in emerging agent-driven commerce. Meta and Sierra launch protocol for AI agents
• Neutral Sentiment: Fifty-seven analysts maintain a consensus “Moderate Buy” rating, with 44 buys, 10 holds and three strong buys. However, broad analyst support may already be reflected in Meta’s elevated valuation after its recent rally. Meta receives a Moderate Buy consensus
• Negative Sentiment: Investors remain uncertain whether Muse’s download surge will translate into sustained daily usage and a profitable business model. Free access is helping adoption, but monetization and retention have not yet been established. Meta's Muse assistant tops app charts
• Negative Sentiment: A New Mexico case could expose Meta to a penalty of up to $40 billion, creating a significant legal overhang ahead of an expected ruling this month. Meta’s heavy AI investment requirements and a recent quarterly EPS miss also raise execution concerns. New Mexico wants Meta to pay up to $40 billion

Wall Street Analyst Weigh In

META has been the topic of a number of analyst reports. Susquehanna dropped their price target on Meta Platforms from $900.00 to $650.00 and set a "positive" rating on the stock in a research report on Thursday, July 30th. Robert W. Baird lowered their price objective on Meta Platforms from $830.00 to $750.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Citic Securities dropped their target price on Meta Platforms from $770.00 to $718.00 and set a "buy" rating on the stock in a report on Monday, August 3rd. Wedbush increased their target price on Meta Platforms from $595.00 to $650.00 and gave the stock a "neutral" rating in a research note on Friday, September 11th. Finally, Citigroup restated an "outperform" rating on shares of Meta Platforms in a report on Thursday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $791.86.

Meta Platforms Stock Down 1.8%

NASDAQ META traded down $13.19 during mid-day trading on Wednesday, reaching $725.69. The stock had a trading volume of 6,917,035 shares, compared to its average volume of 17,450,447. The stock has a market cap of $1.85 trillion, a PE ratio of 27.29, a price-to-earnings-growth ratio of 1.29 and a beta of 1.19. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $779.82. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The company has a fifty day moving average price of $631.39 and a 200 day moving average price of $617.69.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The business had revenue of $60.80 billion for the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.14 earnings per share. On average, research analysts expect that Meta Platforms, Inc. will post 27.94 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's dividend payout ratio (DPR) is presently 7.91%.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the sale, the chief technology officer directly owned 828 shares in the company, valued at $462,024. The trade was a 90.46% 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, CAO Aaron Anderson sold 3,240 shares of the business's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer directly owned 6,271 shares of the company's stock, valued at $3,875,854.26. The trade was a 34.07% 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. Insiders have sold 146,647 shares of company stock worth $99,886,901 in the last quarter. Insiders own 13.53% of the company's stock.

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 operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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