3,870 Shares in Meta Platforms, Inc. $META Bought by Argos Wealth Advisors LLC

Key Points

• Argos Wealth Advisors LLC bought 3,870 shares of Meta Platforms in the fourth quarter, a position worth about $2.56 million. Meta now represents roughly 0.7% of the firm’s portfolio and is its 17th-largest holding.
• Meta reported strong first-quarter earnings, with EPS of $10.44 beating estimates and revenue of $56.31 billion topping forecasts. Revenue also grew 33.1% year over year, underscoring continued business momentum.
• Despite the upbeat results, insider selling and AI spending concerns remain in focus. CTO Andrew Bosworth and COO Javier Olivan both sold shares, while analysts’ consensus still calls the stock a Moderate Buy with a target price of $840.19.

Argos Wealth Advisors LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,870 shares of the social networking company's stock, valued at approximately $2,555,000. Meta Platforms comprises about 0.7% of Argos Wealth Advisors LLC's investment portfolio, making the stock its 17th largest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. bought a new stake in Meta Platforms during the third quarter valued at $26,000. Strategic Wealth Advisors LLC bought a new stake in Meta Platforms during the fourth quarter valued at $29,000. Key Capital Management INC bought a new stake in Meta Platforms during the fourth quarter valued at $48,000. Fairway Wealth LLC increased its stake in Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company's stock valued at $51,000 after purchasing an additional 21 shares during the last quarter. Finally, Merrithew & Thorsten Inc bought a new stake in Meta Platforms during the fourth quarter valued at $52,000. Institutional investors own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 7,847 shares of the company's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares of the company's stock, valued at approximately $251,641.62. This represents a 94.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 2,778 shares of the company's stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the completion of the sale, the chief operating officer directly owned 10,557 shares of the company's stock, valued at $6,645,103.65. The trade was a 20.83% 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 sold 152,728 shares of company stock worth $96,925,217 in the last 90 days. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

Shares of META opened at $607.38 on Friday. The firm has a 50-day moving average price of $618.57 and a 200 day moving average price of $637.18. The firm has a market capitalization of $1.54 trillion, a PE ratio of 22.08, a P/E/G ratio of 1.07 and a beta of 1.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms's revenue was up 33.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.43 EPS. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 29.49 earnings per share for the current fiscal year.

Analysts Set New Price Targets

META has been the subject of several recent research reports. Wells Fargo & Company lowered their price target on shares of Meta Platforms from $770.00 to $765.00 and set an "overweight" rating for the company in a research report on Wednesday. Erste Group Bank lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a research report on Thursday, April 2nd. JPMorgan Chase & Co. restated a "neutral" rating and set a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Wolfe Research lowered their price target on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a research report on Friday, April 10th. Finally, Needham & Company LLC restated a "hold" rating on shares of Meta Platforms in a research report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $840.19.

Key Meta Platforms News

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

• Positive Sentiment: Several bullish takes argue Meta is undervalued relative to its earnings power, with strong profitability, buybacks, and AI investments that could support long-term growth if the company’s spending translates into revenue. Meta Platforms: A Call Option On The AI Race
• Positive Sentiment: Meta’s AI and product rollout efforts remain active, including expanded AI features in WhatsApp and renewed focus on smart glasses, which reinforce its long-term AI and AR strategy. Meta Platforms, Inc. (META) Expands AI Private Chats and Renewable Energy Deals
• Positive Sentiment: Analysts still see upside, with Wells Fargo only slightly trimming its target while maintaining an Overweight rating, suggesting Wall Street remains constructive on Meta’s AI infrastructure bet. Wells Fargo Trims Meta Platforms Price Target to $765
• Neutral Sentiment: Meta settled the first U.S. school-district lawsuit tied to social media addiction, reducing legal overhang for now, though broader litigation risk remains unresolved. Meta settles first US case over school costs tied to youth mental health
• Neutral Sentiment: CEO Mark Zuckerberg said he does not expect more companywide layoffs this year, which may calm employees but is unlikely to materially change the stock’s near-term outlook. Exclusive: Meta CEO tells employees he does not expect more company-wide layoffs this year
• Neutral Sentiment: Meta also continues to see insider sales and debate around layoffs, but those moves were largely tied to pre-arranged tax-withholding plans and are less likely to be a major market signal. Susan Li Sells 2,127 Shares of Meta Platforms
• Negative Sentiment: Meta’s biggest drag remains its aggressive AI spending, with 2026 capex guidance still extremely high and investors questioning whether layoffs will generate enough savings to offset that bill. Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
• Negative Sentiment: The company’s 10% workforce reduction and related restructuring have raised concerns about morale, execution risk, and whether management is cutting costs fast enough to support AI investments. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
• Negative Sentiment: Meta is also facing fresh regulatory and legal scrutiny, including EU complaints over handling financial scams and ongoing criticism tied to youth mental-health lawsuits. Google, Meta, TikTok face EU consumer complaints about handling of financial scams

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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