Dock Street Asset Management Inc. Raises Holdings in Meta Platforms, Inc. $META

Key Points

• Dock Street Asset Management raised its stake in Meta Platforms by 2.5% to 62,291 shares valued at about $41.12 million, making Meta 3.8% of the fund’s holdings and its 9th-largest position amid overall institutional ownership of roughly 79.9%.
• Analyst sentiment remains mostly positive with a MarketBeat consensus of “Moderate Buy” and an average price target of $843.57, and several firms boosting targets (up to $900), though some have trimmed forecasts citing softer ad trends.
• Notable insider selling has occurred—CFO Susan Li sold 56,571 shares (~$36.5M) and insiders disposed of about 160,931 shares (~$103M) over 90 days—while Meta reports strong earnings, is pushing AI/hardware initiatives, and pays a $0.525 quarterly dividend.

Dock Street Asset Management Inc. boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,291 shares of the social networking company's stock after purchasing an additional 1,508 shares during the period. Meta Platforms comprises 3.8% of Dock Street Asset Management Inc.'s holdings, making the stock its 9th largest position. Dock Street Asset Management Inc.'s holdings in Meta Platforms were worth $41,118,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Goldstone Financial Group LLC grew its position in shares of Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company's stock valued at $2,756,000 after acquiring an additional 1,153 shares during the period. CW Advisors LLC raised its holdings in shares of Meta Platforms by 27.8% in the 2nd quarter. CW Advisors LLC now owns 176,762 shares of the social networking company's stock worth $130,467,000 after purchasing an additional 38,432 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in Meta Platforms by 34.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company's stock valued at $38,373,000 after purchasing an additional 13,311 shares during the last quarter. Becker Capital Management Inc. lifted its stake in Meta Platforms by 5.0% in the third quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company's stock valued at $25,741,000 after purchasing an additional 1,657 shares during the last quarter. Finally, Diversified Trust Co. increased its position in Meta Platforms by 4.1% in the fourth quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock worth $55,487,000 after buying an additional 3,336 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. UBS Group reiterated a "buy" rating and set a $872.00 price target (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Monness Crespi & Hardt boosted their price objective on Meta Platforms from $808.00 to $890.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Meta Platforms in a report on Friday, March 27th. Wedbush increased their target price on shares of Meta Platforms from $880.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Finally, Citigroup reiterated an "outperform" rating on shares of Meta Platforms in a research note on Thursday, January 29th. Four research 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $843.57.

Insider Activity at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the firm's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $644.70, for a total value of $36,471,323.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Javier Olivan sold 2,461 shares of the business's stock in a transaction on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total transaction of $1,574,473.97. Following the transaction, the chief operating officer owned 12,108 shares of the company's stock, valued at $7,746,335.16. This trade represents a 16.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 160,931 shares of company stock valued at $102,997,526. Corporate insiders own 13.61% of the company's stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Launched new AI wearables — Meta expanded its Ray‑Ban smart‑glasses lineup (prescription Ray‑Ban Meta Blayzer Optics and Meta Scriber Optics), reinforcing the company’s push to monetize AI-powered consumer hardware and services. Meta Platforms, Inc. (META) Strengthens AI Strategy With New Glasses and Services
• Positive Sentiment: Moves into clinical VR with VA — Meta partnered with the U.S. Department of Veterans Affairs to scale clinical-grade VR therapy in VA medical centers, signaling enterprise and regulated-market adoption for its VR/Quest platform. This can open non‑advertising revenue channels. Meta’s VA Partnership Puts Clinical VR Therapy In Meta Platforms Story
• Positive Sentiment: Building AI hardware capability — Meta’s Superintelligence Labs hired veteran engineer Rui Xu to lead hardware efforts, suggesting deeper investment in custom AI devices beyond glasses, which supports long‑term vertical integration for AI compute and products. Meta Superintelligence Labs is quietly building a hardware team
• Neutral Sentiment: Wells Fargo trims price target but stays constructive — Wells Fargo cut its PT to $765 (from $856) while maintaining an Overweight rating, reflecting confidence in long‑term AI upside despite nearer‑term uncertainty ahead of earnings. Ahead of Meta, Alphabet earnings, Wells Fargo keeps overweight, cuts PTs
• Neutral Sentiment: China signals support for lawful cross‑border deals — Beijing said it supports law‑abiding transnational tech deals after reports of a Meta review, offering potential clarity for any China‑related partnerships or supply arrangements. China says it supports law‑abiding transnational deals after reports of Meta deal review
• Negative Sentiment: Bay Area layoffs — Meta is cutting roughly 200 roles in the San Francisco Bay Area as it restructures teams while reallocating capital toward AI infrastructure; layoffs can be read as cost discipline but also highlight internal reshaping and near‑term workforce disruption. Meta's Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
• Negative Sentiment: Rising legal/regulatory risk — Recent court losses and challenges to Section 230 protections have increased litigation and regulatory uncertainty for Meta, which could lead to higher compliance costs, content moderation expense and potential liabilities. Meta, Google under attack as court cases bypass 30‑year‑old legal shieldWhat's next for Meta in the wake of trial losses and layoffs?
• Negative Sentiment: Analyst downgrades and PT trims — Morgan Stanley cut its PT to $775 citing softer ad trends and Erste downgraded to Hold; analyst cuts increase selling pressure and shorten the runway for multiple near‑term catalysts. Morgan Stanley trims PT on Meta Platforms (META) to $775 amid softer advertising backdropMeta Platforms was downgraded by Erste Group Bank AG

Meta Platforms Stock Performance

Shares of META opened at $574.46 on Monday. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The stock's 50-day simple moving average is $637.79 and its 200 day simple moving average is $659.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The stock has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts' consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. During the same quarter in the previous year, the firm earned $8.02 EPS. The company's quarterly revenue was up 23.8% compared to the same quarter last year. Research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms's payout ratio is currently 8.94%.

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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