91,480 Meta Platforms, Inc. $META Shares Sold by Mondrian Investment Partners LTD

Key Points

• Mondrian Investment Partners cut its Meta stake by 43.6%, selling 91,480 shares in the third quarter and retaining 118,378 shares valued at approximately $85.8 million.
• Institutional investors own about 79.91% of Meta’s outstanding shares, while several other wealth managers increased their positions during the quarter.
• Meta exceeded quarterly expectations with $7.40 in EPS and $64.6 billion in revenue, while analysts maintained a “Moderate Buy” consensus and an average price target of $833.12.

Mondrian Investment Partners LTD cut its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 43.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,378 shares of the social networking company's stock after selling 91,480 shares during the period. Meta Platforms comprises about 1.9% of Mondrian Investment Partners LTD's holdings, making the stock its 18th largest position. Mondrian Investment Partners LTD's holdings in Meta Platforms were worth $85,845,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in META. Lorne Steinberg Wealth Management Inc. lifted its position in shares of Meta Platforms by 1.4% in the third quarter. Lorne Steinberg Wealth Management Inc. now owns 10,335 shares of the social networking company's stock valued at $7,495,000 after acquiring an additional 145 shares in the last quarter. Nabity Jensen Investment Management Inc boosted its stake in shares of Meta Platforms by 5.1% during the third quarter. Nabity Jensen Investment Management Inc now owns 1,599 shares of the social networking company's stock valued at $1,160,000 after acquiring an additional 78 shares during the last quarter. Gibbs Wealth Management increased its position in Meta Platforms by 26.0% during the 3rd quarter. Gibbs Wealth Management now owns 16,420 shares of the social networking company's stock worth $11,908,000 after purchasing an additional 3,388 shares in the last quarter. Lantern Wealth Advisors LLC increased its position in Meta Platforms by 30.1% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 3,500 shares of the social networking company's stock worth $2,538,000 after purchasing an additional 810 shares in the last quarter. Finally, Altura Wealth Advisors Inc. raised its stake in Meta Platforms by 3.6% in the 3rd quarter. Altura Wealth Advisors Inc. now owns 5,304 shares of the social networking company's stock valued at $3,846,000 after purchasing an additional 184 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Trading Up 2.0%

Shares of META stock opened at $624.52 on Friday. The stock has a market cap of $1.59 trillion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 1.06 and a beta of 1.19. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The firm's 50 day moving average price is $668.65 and its two-hundred day moving average price is $632.39.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.86. The company had revenue of $64.60 billion during the quarter, compared to analyst estimates of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The business's quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.25 earnings per share. On average, analysts anticipate that Meta Platforms, Inc. will post 28.98 EPS for the current year.

Meta Platforms Dividend Announcement

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

Insider Activity

In other Meta Platforms news, COO Javier Olivan sold 946 shares of the stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $640.00, for a total value of $605,440.00. Following the completion of the sale, the chief operating officer owned 5,040 shares of the company's stock, valued at $3,225,600. This trade represents a 15.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 150,015 shares of company stock valued at $102,464,300 in the last ninety days. 13.53% of the stock is currently owned by company insiders.

Key Meta Platforms News

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

• Positive Sentiment: AMD partnership strengthens AI infrastructure: Advanced Micro Devices plans to invest $1 billion in Meta’s stock while collaborating on multi-generation Instinct processors, CPUs and gigawatt-scale data-center deployments. The agreement could diversify Meta’s chip supply and improve computing efficiency. Advanced Micro Devices' Meta Platforms Partnership Goes Beyond a $1 Billion Investment
• Positive Sentiment: Advertising engine remains a key support: Recent analysis highlighted rising ad prices, stronger impressions and AI-driven improvements to ad conversions and Reels engagement. Analysts remain optimistic that Meta’s AI tools, including Muse, can support long-term revenue and earnings growth. Meta's Pullback Just Changed the AI Risk/Reward
• Positive Sentiment: Analyst support and AI upside: Daiwa Securities raised its Meta price target to $779 from $687, while other commentary characterized the recent pullback as an attractive entry point and cited potential gains from AI-powered commerce and advertising. Daiwa Securities Adjusts Price Target on Meta Platforms to $779
• Neutral Sentiment: New consumer AI products broaden Meta’s options: Meta launched Style Sketch, an AI fashion app that creates outfit ideas from users’ clothing, following the launch of the AI pet app Waddle World. These experiments could increase engagement, but their revenue potential remains unproven. Meta quietly launches an AI fashion app called Style Sketch
• Negative Sentiment: AI financing raises dilution and cash-flow concerns: Meta’s roughly $95 billion capital-raising plan, including common and convertible preferred shares, provides funding for AI infrastructure but increases shareholder dilution. Quarterly capital expenditures also pushed free cash flow negative, potentially limiting buybacks and dividends. Meta Just Priced a Stock Sale at $625 a Share
• Negative Sentiment: Legal and regulatory pressure continues: Meta delayed new commercial terms for publishers after objections and faces a major U.S. trial over alleged social-media harms to young users. These matters could create additional costs and reputational risk. Meta delays indefinitely its rollout of new commercial terms
• Negative Sentiment: Muse execution remains uncertain: Meta removed an Instagram ad promoting Muse’s ability to identify unfollowers, underscoring product-positioning and user-trust risks as the company expands its AI services. Meta took down its ad touting Muse

Wall Street Analyst Weigh In

A number of research firms have issued reports on META. President Capital upgraded shares of Meta Platforms from a "neutral" rating to a "buy" rating and upped their target price for the company from $660.00 to $897.00 in a report on Thursday, September 24th. Robert W. Baird lowered their price target on shares of Meta Platforms from $830.00 to $750.00 and set an "outperform" rating for the company in a report on Thursday, July 30th. Loop Capital boosted their price objective on shares of Meta Platforms from $740.00 to $955.00 and gave the company a "buy" rating in a research report on Thursday, September 24th. DA Davidson upped their price objective on shares of Meta Platforms from $700.00 to $800.00 and gave the company a "buy" rating in a research note on Thursday, October 22nd. Finally, KeyCorp upped their price objective on shares of Meta Platforms from $900.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, October 22nd. Three investment 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 has an average rating of "Moderate Buy" and a consensus price target of $833.12.

Meta Platforms 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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