CoreCap Advisors LLC Acquires 7,244 Shares of Meta Platforms, Inc. $META

Key Points

• CoreCap Advisors increased its Meta Platforms stake by 51% in the third quarter, purchasing 7,244 additional shares for a total holding of 21,451 shares valued at approximately $15.6 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year and ahead of estimates, although earnings per share of $6.18 fell short of the $7.19 consensus. Analysts maintained a broadly positive outlook, with a “Moderate Buy” consensus rating and an average price target of $791.86.
• Meta recently declared a quarterly dividend of $0.525 per share, while insiders—including CEO Mark Zuckerberg—continued selling shares under pre-arranged trading plans. Investors also face concerns over heavy AI infrastructure spending, regulatory restrictions and limits on the company’s AI agent ambitions.

CoreCap Advisors LLC boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 51.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,451 shares of the social networking company's stock after buying an additional 7,244 shares during the quarter. CoreCap Advisors LLC's holdings in Meta Platforms were worth $15,556,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Artemis Investment Management LLP boosted its position in Meta Platforms by 329.6% during the third quarter. Artemis Investment Management LLP now owns 192,252 shares of the social networking company's stock worth $139,417,000 after purchasing an additional 147,497 shares during the period. Dickmeyer Boyce Financial Management Inc. raised its position in shares of Meta Platforms by 7.3% in the third quarter. Dickmeyer Boyce Financial Management Inc. now owns 897 shares of the social networking company's stock valued at $651,000 after purchasing an additional 61 shares during the period. Aletheian Wealth Advisors LLC raised its position in shares of Meta Platforms by 12.6% in the third quarter. Aletheian Wealth Advisors LLC now owns 2,405 shares of the social networking company's stock valued at $1,744,000 after purchasing an additional 270 shares during the period. YHB Investment Advisors Inc. lifted its stake in shares of Meta Platforms by 1.2% in the third quarter. YHB Investment Advisors Inc. now owns 14,745 shares of the social networking company's stock worth $10,693,000 after buying an additional 178 shares during the last quarter. Finally, Titleist Asset Management LLC boosted its holdings in shares of Meta Platforms by 5.2% during the 3rd quarter. Titleist Asset Management LLC now owns 11,609 shares of the social networking company's stock worth $8,419,000 after buying an additional 573 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

NASDAQ:META opened at $720.89 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The company has a 50-day moving average of $637.74 and a 200-day moving average of $619.40. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The company has a market capitalization of $1.84 trillion, a price-to-earnings ratio of 27.15, a PEG ratio of 1.26 and a beta of 1.19.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business's revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.14 EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's dividend payout ratio is 7.91%.

Analyst Ratings Changes

A number of research firms recently issued reports on META. Canaccord Genuity Group raised their target price on shares of Meta Platforms from $930.00 to $950.00 and gave the company a "buy" rating in a research note on Friday, September 25th. Bank of America reaffirmed a "buy" rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Tuesday, September 22nd. Rothschild & Co Redburn lifted their price objective on Meta Platforms from $900.00 to $1,000.00 and gave the stock a "buy" rating in a research note on Tuesday, July 21st. Moffett Nathanson dropped their price target on Meta Platforms from $800.00 to $740.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, UBS Group reiterated an "overweight" rating on shares of Meta Platforms in a report on Wednesday, September 23rd. Three research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $791.86.

Insider Activity

In other news, CAO Aaron Anderson sold 3,240 shares of the company's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares of the company's stock, valued at approximately $3,875,854.26. This represents a 34.07% decrease in their position. The transaction was disclosed in a document filed 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. Also, CEO Mark Zuckerberg sold 27,474 shares of the company's stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total transaction of $21,359,386.56. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 148,222 shares of company stock valued at $101,033,627. 13.53% of the stock is owned by company insiders.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta’s growing role in the micro-drama market could create a new advertising revenue stream. Short-form serialized shows are expanding beyond China, and the platform is becoming an important distribution channel for this content. Why Meta is winning the micro drama wars
• Positive Sentiment: Wells Fargo reportedly set a $1,000 price target, citing AI as a potential catalyst, while TD Cowen reaffirmed its “buy” rating with an $865 target. These targets imply analysts see substantial upside if Meta converts AI investment into higher engagement, advertising and commerce revenue. Meta Could Hit $1,000, Says Wells Fargo
• Positive Sentiment: Meta’s Muse assistant continues to expand, including a new iPad app, and the company is working with Sierra, Shopify, Stripe and Walmart on standards for AI agents to interact with businesses. Successful agentic commerce could eventually provide Meta with transaction-based revenue. Meta's Muse launches on iPad
• Neutral Sentiment: President Donald Trump disclosed purchases of as much as $25 million in Meta stock, a headline that may support investor sentiment but does not change the company’s fundamentals. Trump bought up to $25 million in Meta
• Negative Sentiment: Jefferies found that roughly one-third of tested websites blocked Meta’s Muse agent. Access limitations could delay Meta’s plans to earn transaction fees from AI-powered shopping and other agentic-commerce services. Meta's Muse AI agent blocked by websites
• Negative Sentiment: Florida is pursuing restrictions on Meta’s platforms, including a possible ban for users under 14 and limits on infinite scrolling for teenagers. Such rules could reduce engagement, advertising inventory and the effectiveness of Meta’s core products while increasing legal costs. Meta Stock Falls as Florida challenges infinite scroll
• Negative Sentiment: Investors remain concerned that Meta’s substantial AI data-center spending is consuming cash before returns are clear. Commentary also highlights criticism of CEO Mark Zuckerberg’s AI strategy and the risk that AI infrastructure becomes a prolonged cash-flow drag. Why AI Infrastructure Is Turning Meta and Amazon Into Cash-Flow Sinks

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.