55 North Private Wealth LLC Takes $2.27 Million Position in Meta Platforms, Inc. $META

Key Points

• 55 North Private Wealth LLC bought 3,446 shares of Meta (about $2.27 million) in Q4, representing roughly 0.6% of its holdings and making META its 27th-largest position.
• Meta posted strong Q1 results—EPS $10.44 vs $6.67 and revenue $56.31B (up 33% YoY). However, the company raised FY capex to support AI/data centers and logged >$4B Reality Labs losses, which spooked investors despite a consensus "Moderate Buy" analyst view (avg target ~$837).

55 North Private Wealth LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,446 shares of the social networking company's stock, valued at approximately $2,274,000. Meta Platforms comprises about 0.6% of 55 North Private Wealth LLC's holdings, making the stock its 27th biggest position.

Other hedge funds have also recently modified their holdings of the company. Westchester Capital Management Inc. bought a new position in shares of Meta Platforms during the third quarter valued at approximately $26,000. Key Capital Management INC bought a new position in shares of Meta Platforms during the fourth quarter valued at approximately $48,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock valued at $65,000 after buying an additional 35 shares during the last quarter. PMV Capital Advisers LLC grew its stake in shares of Meta Platforms by 26.3% during the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company's stock valued at $63,000 after buying an additional 20 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Meta Platforms during the third quarter valued at approximately $71,000. Institutional investors own 79.91% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Strong monetization and product moves — Meta continues to monetize AI-driven ad demand and reported robust Q1 results that beat revenue/earnings expectations, supporting the company's growth narrative. Earnings/Press Release
• Positive Sentiment: New revenue/creator options — Meta launched a pilot to pay eligible creators in USDC stablecoins (Colombia, Philippines), which could lower payout friction and open new monetization paths in developing markets. Meta Pays Creators In Stablecoins
• Positive Sentiment: Energy/infra partnerships to support AI data centers — Meta announced collaborations (space-based solar, long-duration storage) intended to lock in continuous power for AI workloads, a strategic move to reduce energy risk and support long-term AI capacity. Meta Bets on Space-Based Solar
• Neutral Sentiment: Management disclosures and housekeeping — Meta filed its Q1 results, slide deck and conference materials; COO Javier Oliván executed a planned Rule 10b5-1 sale (disclosed). These are routine but noted by traders. SEC Filing
• Negative Sentiment: Big increase in capital spending — Meta raised FY capital-expenditure guidance substantially (now targeting far larger AI/data-center investment), a near-term cash and free‑cash‑flow headwind that spooked investors. CapEx Forecast Increase
• Negative Sentiment: Reality Labs losses persist — Reality Labs recorded a multibillion-dollar operating loss in Q1 (reported >$4B), reinforcing concerns about long-standing cash burn in AR/VR. Reality Labs Loss
• Negative Sentiment: Regulatory and legal risks in Europe — EU regulators charged Meta with failing to keep under‑13s off Facebook/Instagram under the Digital Services Act and warned of potential fines; the company also flagged legal scrutiny in its communications. EU Charges
• Negative Sentiment: Market reaction to guidance and user growth — Despite strong top-line beats, investors focused on higher spending, mixed user-growth signals and slightly cautious guidance, which led to a pullback in shares after the print. Market Reaction / WSJ

Wall Street Analysts Forecast Growth

META has been the subject of a number of research reports. Needham & Company LLC reiterated a "hold" rating on shares of Meta Platforms in a report on Thursday, January 29th. Guggenheim reiterated a "buy" rating and issued a $850.00 price target on shares of Meta Platforms in a report on Thursday, April 23rd. Sanford C. Bernstein reiterated an "outperform" rating and issued a $900.00 price target (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $860.00 price target (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Piper Sandler boosted their price target on Meta Platforms from $840.00 to $880.00 and gave the company an "overweight" rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $837.09.

Meta Platforms Price Performance

NASDAQ META opened at $669.12 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The stock's fifty day moving average price is $630.28 and its 200 day moving average price is $648.65. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market cap of $1.69 trillion, a price-to-earnings ratio of 28.47, a PEG ratio of 1.10 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.36 billion. During the same period in the prior year, the firm earned $6.43 EPS. The firm's revenue was up 33.1% on a year-over-year basis. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's dividend payout ratio is presently 8.94%.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 8,089 shares of the company's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the transaction, the chief technology officer directly owned 2,841 shares of the company's stock, valued at $1,793,352.84. This represents a 74.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Javier Olivan sold 2,778 shares of the company's stock in a transaction on Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $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 have sold a total of 167,155 shares of company stock valued at $107,067,129 in the last ninety days. Company insiders own 13.61% of the company's stock.

Meta Platforms Company 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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