AK Global Asset Management LLC Invests $2.29 Million in Meta Platforms, Inc. $META

Key Points

• AK Global Asset Management LLC purchased a new position in Meta of 3,465 shares valued at approximately $2.29 million, representing about 2.0% of its holdings and making META its 12th-largest holding.
• Company insiders have been selling recently — Director Robert Kimmitt sold 580 shares and COO Javier Olivan sold 2,778 shares under a Rule 10b5‑1 plan, and insiders disposed of 164,499 shares worth about $105.24 million over the last 90 days.
• Wall Street is broadly positive with a consensus rating of "Moderate Buy" and an average price target of $837.72, supported by a recent earnings beat (Q EPS $8.88 vs. $8.16; revenue +23.8% YoY) and a multi‑year Broadcom deal to secure AI chip capacity.

AK Global Asset Management LLC purchased a new position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,465 shares of the social networking company's stock, valued at approximately $2,287,000. Meta Platforms comprises about 2.0% of AK Global Asset Management LLC's holdings, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Seascape Capital Management increased its holdings in shares of Meta Platforms by 7.0% during the 4th quarter. Seascape Capital Management now owns 6,218 shares of the social networking company's stock worth $4,104,000 after buying an additional 407 shares during the last quarter. BIP Wealth LLC increased its holdings in shares of Meta Platforms by 114.7% during the 4th quarter. BIP Wealth LLC now owns 8,125 shares of the social networking company's stock worth $5,363,000 after buying an additional 4,340 shares during the last quarter. Culbertson A N & Co. Inc. increased its holdings in shares of Meta Platforms by 38.8% during the 4th quarter. Culbertson A N & Co. Inc. now owns 716 shares of the social networking company's stock worth $473,000 after buying an additional 200 shares during the last quarter. HRC Wealth Management LLC increased its holdings in shares of Meta Platforms by 12.7% during the 4th quarter. HRC Wealth Management LLC now owns 452 shares of the social networking company's stock worth $298,000 after buying an additional 51 shares during the last quarter. Finally, C2C Wealth Management LLC increased its holdings in shares of Meta Platforms by 30.4% during the 4th quarter. C2C Wealth Management LLC now owns 1,107 shares of the social networking company's stock worth $731,000 after buying an additional 258 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $366,571.60. Following the completion of the sale, the director directly owned 4,427 shares of the company's stock, valued at approximately $2,797,952.54. The trade was a 11.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Javier Olivan sold 2,778 shares of Meta Platforms stock in a transaction on Monday, April 13th. The stock was sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the sale, the chief operating officer directly owned 10,557 shares of the company's stock, valued at approximately $6,645,103.65. This trade represents 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. Over the last ninety days, insiders have sold 164,499 shares of company stock valued at $105,237,895. Corporate insiders own 13.61% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Royal Bank Of Canada reiterated an "outperform" rating and issued a $810.00 target price on shares of Meta Platforms in a report on Thursday, January 29th. Scotiabank lifted their target price on shares of Meta Platforms from $685.00 to $700.00 and gave the company a "sector perform" rating in a report on Thursday, January 29th. Robert W. Baird lifted their target price on shares of Meta Platforms from $815.00 to $830.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Arete Research reiterated a "neutral" rating on shares of Meta Platforms in a report on Thursday, March 5th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $900.00 target price (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $837.72.

Meta Platforms Stock Performance

NASDAQ:META opened at $671.58 on Thursday. The company has a fifty day simple moving average of $626.81 and a two-hundred day simple moving average of $652.04. The company has a market cap of $1.70 trillion, a price-to-earnings ratio of 28.58, a price-to-earnings-growth ratio of 1.02 and a beta of 1.31. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to analysts' expectations of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company's revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the previous year, the company earned $8.02 EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a dividend of $0.525 per share. 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 payout ratio is 8.94%.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta struck a multi-year partnership with Broadcom through 2029 that includes an initial commitment to deploy >1 gigawatt of custom silicon capacity to support Meta’s Training & Inference Accelerator chips — it materially de-risks Meta’s AI compute buildout and signals scalable infrastructure plans. Meta inks deal with Broadcom for custom AI chips
• Positive Sentiment: Wall Street bullishness: Morgan Stanley named META its top tech pick into earnings with a $775 target, and other firms emphasize strong long-term AI-driven upside — supports positive sentiment and buying pressure. Meta Stock Is the Top Pick for Tech Earnings, Morgan Stanley Says. Here's Why.
• Positive Sentiment: Fundamentals/earnings momentum: Meta has a recent history of beating estimates and is expected to continue doing so; analysts highlight revenue and margin strength tied to ads and AI monetization. Why Meta Platforms (META) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Operational focus on AI/hardware execution: Meta is reorganizing Reality Labs and creating an Applied AI Engineering division to accelerate product execution — a sign management is prioritizing speed on high‑investment initiatives. Meta Makes Major Changes to Speed Reality Labs' Progress
• Neutral Sentiment: Product experiments: Meta is developing an internal, photorealistic AI replica of CEO Mark Zuckerberg for employee engagement — interesting for culture and demo value but uncertain near-term revenue impact. Meta Platforms Is Building a Mark Zuckerberg AI Bot. Does That Matter for META Stock?
• Neutral Sentiment: Board/governance moves announced recently — likely manageable but worth tracking for any strategic implications. Meta Platforms Announces Upcoming Board of Directors Changes
• Negative Sentiment: EU regulators are preparing orders to force Meta to restore rival AI assistants’ access to WhatsApp after Meta imposed access fees — a direct regulatory threat that could limit Meta’s product control and create compliance costs. EU warns Meta WhatsApp AI fee breaches antitrust rules, orders rollback
• Negative Sentiment: Legal exposure: An Italian court allowed a class action over Facebook data scraping — another regulatory/legal headline that adds to GDPR-era litigation risk in Europe. Italy court allows class action against Meta over Facebook data scraping
• Negative Sentiment: Insider selling: COO Javier Olivan executed Rule 10b5-1 sales totaling several thousand shares on April 13 — disclosed trades reduce his holdings materially; trades were under pre-arranged plans but can create short-term perception pressure. SEC filing: Javier Olivan insider sales
• Negative Sentiment: Some sell-side caution: recent price-target cuts and a pessimistic note from Stifel flag near-term upside risks despite the longer-term bull case. Meta Platforms (META) Price Target Reduced by $95 Amid Market Volatility Stifel Nicolaus Issues Pessimistic Forecast for Meta Platforms NASDAQ: META Stock Price

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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