4,707 Meta Platforms, Inc. $META Shares Sold by Bokf Na

Key Points

• Bokf Na reduced its Meta stake by 6.8%, selling 4,707 shares in the third quarter; it held 64,548 shares valued at about $46.8 million at quarter-end.
• Analysts remain broadly positive: Meta has a “Moderate Buy” consensus rating and an average price target of $833.12, with 47 Buy and three Strong Buy ratings among those cited.
• Meta’s latest reported quarter beat expectations, with EPS of $7.40 versus $6.54 forecast and revenue of $64.6 billion, up 26.1% year over year.

Bokf Na lowered its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,548 shares of the social networking company's stock after selling 4,707 shares during the quarter. Bokf Na's holdings in Meta Platforms were worth $46,809,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. State Street Corp lifted its holdings 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 buying an additional 3,510,123 shares during the period. Bank of America Corp DE raised its position in shares of Meta Platforms by 14.6% in the 1st 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 raised its position in shares of Meta Platforms by 1.3% in the 2nd 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 lifted its stake in shares of Meta Platforms by 18.1% during the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company's stock worth $6,784,873,000 after purchasing an additional 1,815,017 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Meta Platforms by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company's stock worth $5,964,745,000 after purchasing an additional 404,948 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on META. Citizens Jmp reiterated a "market outperform" rating and issued a $885.00 target price on shares of Meta Platforms in a research note on Thursday, October 22nd. TD Cowen reduced their target price on shares of Meta Platforms from $865.00 to $850.00 and set a "buy" rating for the company in a report on Thursday, October 22nd. Truist Financial increased their price target on shares of Meta Platforms from $763.00 to $1,000.00 and gave the company a "buy" rating in a research report on Tuesday, October 13th. President Capital upgraded shares of Meta Platforms from a "neutral" rating to a "buy" rating and raised their price target for the company from $660.00 to $897.00 in a report on Thursday, September 24th. Finally, Citic Securities cut their price objective on shares of Meta Platforms from $770.00 to $718.00 and set a "buy" rating on the stock in a research report on Monday, August 3rd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $833.12.

Meta Platforms Stock Up 2.4%

Shares of META stock opened at $621.03 on Wednesday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The stock's fifty day moving average price is $672.41 and its 200 day moving average price is $632.16. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $1.59 trillion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 1.05 and a beta of 1.28.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.86. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The company had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. During the same period in the prior year, the company posted $7.25 EPS. The firm's quarterly revenue was up 26.1% compared to the same quarter last year. On average, research analysts expect that Meta Platforms, Inc. will post 29.01 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

Insider Activity

In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of the business's stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total transaction of $21,359,386.56. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of the business's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the sale, the insider directly owned 184,516 shares in the company, valued at approximately $131,515,624.16. This represents a 17.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 149,515 shares of company stock valued at $102,183,520. 13.53% of the stock is owned by company insiders.

Key Meta Platforms News

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

• Positive Sentiment: Meta’s bond sale attracted orders reportedly reaching $58 billion, a sign of robust investor appetite for the company’s debt. That demand may have helped support the stock despite concerns about Big Tech’s AI spending. Article: Meta stock rises as $20B bond sale attracts strong investor demand
• Positive Sentiment: Meta completed a $15 billion, five-part U.S. bond sale. The successful issuance gives the company capital to support its investment plans, while recent earnings-call coverage highlighted ad growth and adoption of its Muse AI tools. Article: Meta raises $15 billion in five-part US bond sale Article: META Q3 Earnings Call Put Spotlight on Muse Growth and AI Spending
• Neutral Sentiment: Meta and Snap settled claims related to alleged harm to young users from social media; financial terms were not disclosed. The settlements avert the scheduled trial, but do not resolve broader scrutiny of platform design. Article: Snap Settled a Social Media Addiction Suit
• Negative Sentiment: The bond financing underscores the cost of Meta’s AI ambitions. Reports indicate borrowing costs rose, while the company is ramping up spending on data centers and AI models—raising questions about returns and pressure on future cash flow. Article: Apple Shares Slip, Meta Debt Costs Rise Article: Meta seeks to raise up to $25 billion in debt sale as AI spending jumps
• Negative Sentiment: Meta postponed new business terms after backlash over potential web scraping, and reports of its AI crawler overwhelming a small business website add to reputational and policy risks. Article: Meta delays new business terms after outcry over potential web scraping of news sites

Meta Platforms Company Profile

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.

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