AMF Tjanstepension AB Lowers Stake in Meta Platforms, Inc. $META

Key Points

• AMF Tjanstepension AB trimmed its Meta Platforms stake by 0.3% in the fourth quarter, but still held 506,296 shares valued at about $334.2 million.
• Large institutional investors remain heavily invested in Meta, and hedge funds and other institutions collectively own 79.91% of the company’s stock.
• Analysts are broadly positive on META: the consensus rating is Moderate Buy with a price target of $840.19, while Meta recently beat earnings and revenue estimates in its latest quarterly report.

AMF Tjanstepension AB lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 506,296 shares of the social networking company's stock after selling 1,512 shares during the quarter. Meta Platforms accounts for about 2.1% of AMF Tjanstepension AB's investment portfolio, making the stock its 14th largest position. AMF Tjanstepension AB's holdings in Meta Platforms were worth $334,201,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares in the last quarter. State Street Corp raised its position in shares of Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Capital World Investors raised its position in shares of Meta Platforms by 0.7% during the third quarter. Capital World Investors now owns 39,247,690 shares of the social networking company's stock valued at $28,823,375,000 after buying an additional 278,180 shares during the last quarter. Invesco Ltd. raised its position in shares of Meta Platforms by 0.8% during the third quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company's stock valued at $12,597,374,000 after buying an additional 142,229 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Meta Platforms by 4.1% during the third quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company's stock valued at $10,525,258,000 after buying an additional 558,792 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on META shares. Jefferies Financial Group boosted their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Evercore boosted their price target on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Citigroup restated an "outperform" rating on shares of Meta Platforms in a research report on Thursday, January 29th. Argus reaffirmed a "buy" rating and set a $800.00 price objective on shares of Meta Platforms in a research note on Monday, February 2nd. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Meta Platforms in a research note on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $840.19.

Meta Platforms Stock Up 0.0%

Shares of META opened at $635.29 on Friday. The firm has a market capitalization of $1.61 trillion, a P/E ratio of 23.09, a P/E/G ratio of 1.13 and a beta of 1.25. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The firm has a fifty day moving average price of $617.50 and a 200-day moving average price of $636.91.

Meta Platforms (NASDAQ:META - Get Free Report) last issued 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. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the firm earned $6.43 earnings per share. The business's revenue was up 33.1% on a year-over-year basis. Equities research analysts expect that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms News Summary

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

• Positive Sentiment: Meta launched paid subscription plans for Facebook, Instagram, WhatsApp, and Meta AI, creating a new monetization path beyond advertising. Early reports suggest the pricing could meaningfully add to revenue over time, and analysts have highlighted upside if adoption builds. Article Title
• Positive Sentiment: Meta also announced a quarterly cash dividend, which may appeal to income-focused investors and signals confidence in the company’s cash generation. Article Title
• Positive Sentiment: Analyst commentary remained constructive, with Rosenblatt reaffirming a buy rating and raising its price target, reflecting optimism around Meta’s ad business, AI efforts, and new subscription revenue. Article Title
• Neutral Sentiment: Meta committed additional funding to its Oversight Board through 2028, which supports governance stability but is unlikely to move the stock much on its own. Article Title
• Neutral Sentiment: COO Javier Olivan sold shares under a pre-arranged trading plan, which is routine insider activity and not necessarily a bearish signal.
• Negative Sentiment: Meta faces continued legal and reputational overhangs, including a Kentucky trial seeking a large penalty and a Supreme Court setback in the Vermont Instagram addiction case. Article Title

Insider Buying and Selling

In related news, CFO Susan J. Li sold 9,195 shares of the company's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the sale, the chief financial officer directly owned 13,186 shares of the company's stock, valued at $8,014,978.24. This represents a 41.08% decrease in their ownership of the stock. The transaction 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 837 shares of the company's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $608.98, for a total transaction of $509,716.26. Following the completion of the sale, the chief operating officer directly owned 13,823 shares of the company's stock, valued at approximately $8,417,930.54. This trade represents a 5.71% 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 a total of 40,366 shares of company stock valued at $25,038,396 over the last three months. 13.53% of the stock is owned by company insiders.

Meta Platforms 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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