Assetmark Inc. Raises Stock Position in Meta Platforms, Inc. $META

Key Points

• Assetmark Inc. increased its stake in Meta Platforms by 4.8% in Q4, buying 41,579 shares to hold 906,609 shares worth $598,444,000, which represents about 1.2% of Assetmark’s portfolio and is its 15th-largest position.
• Institutional ownership is heavy (about 79.91%), with large moves from firms like State Street, Danske and CIBC, while analysts remain broadly positive—MarketBeat shows an average price target of $837.09 and a consensus rating of "Moderate Buy" (majority Buy/Strong Buy ratings).
• Insiders have been selling recently—166,117 shares worth roughly $106.4 million were sold over the past three months, including disclosed director and COO sales executed under Rule 10b5‑1 plans.

Assetmark Inc. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 906,609 shares of the social networking company's stock after purchasing an additional 41,579 shares during the period. Meta Platforms comprises about 1.2% of Assetmark Inc.'s portfolio, making the stock its 15th biggest position. Assetmark Inc.'s holdings in Meta Platforms were worth $598,444,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of META. State Street Corp raised its stake 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 worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Meta Platforms during the third quarter worth approximately $1,191,175,000. Concentrum Wealth Management raised its stake in shares of Meta Platforms by 948.7% during the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after purchasing an additional 1,124,998 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Meta Platforms by 209.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company's stock worth $314,340,000 after purchasing an additional 824,276 shares during the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Meta Platforms during the third quarter worth approximately $540,634,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price target on Meta Platforms from $800.00 to $825.00 and gave the stock an "overweight" rating in a research note on Thursday, January 29th. Argus restated a "buy" rating and set a $800.00 price target on shares of Meta Platforms in a research note on Monday, February 2nd. Erste Group Bank cut Meta Platforms from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Monness Crespi & Hardt increased their price objective on Meta Platforms from $808.00 to $890.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Finally, Evercore increased their price objective on Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $837.09.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total value of $386,860.00. Following the sale, the director directly owned 3,847 shares of the company's stock, valued at approximately $2,565,949. This trade represents a 13.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the firm's stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $680.09, for a total value of $629,763.34. Following the completion of the sale, the chief operating officer directly owned 9,631 shares in the company, valued at approximately $6,549,946.79. The trade was a 8.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 166,117 shares of company stock worth $106,367,778. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Trading Up 0.9%

Meta Platforms stock opened at $674.72 on Thursday. The stock has a market cap of $1.71 trillion, a PE ratio of 28.71, a P/E/G ratio of 1.09 and a beta of 1.31. The stock has a 50-day moving average price of $627.44 and a 200 day moving average price of $650.27. Meta Platforms, Inc. has a 52 week low of $516.52 and a 52 week high of $796.25. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts' consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion during the quarter, compared to analysts' expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm's quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the business posted $8.02 EPS. Equities research analysts predict that Meta Platforms, Inc. will post 29.83 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms's dividend payout ratio (DPR) is currently 8.94%.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Deutsche Bank reiterates a Buy and highlights Meta’s AI investments that could boost core ad revenue — bullish research note and $920 target underpins upside expectations. Deutsche Bank AI Impact
• Positive Sentiment: UBS raised its price target (to ~$908) and Citi/JMP reaffirmed market-outperform/near-$900 targets — multiple analyst upgrades lend momentum to the rally and support investor confidence. UBS hikes target
• Positive Sentiment: Meta broke ground on a >$1B data center in Tulsa and is ramping AI-capacity builds — tangible infrastructure expansion signals commitment to AI compute and long-term revenue/efficiency gains. Tulsa data center
• Positive Sentiment: Noon Energy partnership reserves up to 1 GW / 100 GWh of long‑duration energy storage for Meta data centers — supports resilient, green AI operations and may lower operational risk/costs for large-capex builds. Noon Energy deal
• Positive Sentiment: Broadcom extended/expanded AI partnership with Meta through 2029 — supply/partnership continuity for AI hardware helps execution of Meta’s scale-up plans. Broadcom pact
• Neutral Sentiment: Investors are focused on Q1 earnings (Apr 29): company guidance implies very strong YoY revenue growth and Muse Spark AI monetization will be watched — results/guidance could amplify moves in either direction. Earnings preview
• Neutral Sentiment: COO Javier Olivan disclosed scheduled sales under a Rule 10b5‑1 plan (multiple small blocks sold) — routine insider selling but worth noting given timing; not currently tied to new guidance. SEC filing
• Negative Sentiment: Reports that Meta will log employees’ keystrokes/mouse activity to train AI have sparked privacy and employee‑relations concerns — potential PR, morale and regulatory risks that could attract scrutiny. Employee tracking
• Negative Sentiment: The Consumer Federation of America filed a class-action alleging Meta profited from scam ads and misled users — fresh litigation risk that could increase legal costs and reputational pressure. CFA lawsuit

About Meta Platforms

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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