Draper Asset Management LLC Increases Stake in Meta Platforms, Inc. $META

Key Points

• Draper Asset Management raised its Meta stake 26.3% to 30,043 shares (worth $19.83M), making Meta about 10.4% of Draper's portfolio and its fifth‑largest holding.
• Meta beat Q4 estimates with $8.88 EPS and $59.89B revenue (up 23.8% YoY), and analysts remain largely bullish — MarketBeat shows a “Moderate Buy” consensus with an average target of $837.09 after several price‑target upgrades.
• Management moved to scale AI capacity via a multiyear AWS Graviton5 deal and announced ~10% workforce cuts plus a hiring freeze to fund AI investments, though insider selling and privacy/ESG concerns create potential headwinds.

Draper Asset Management LLC lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 26.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,043 shares of the social networking company's stock after purchasing an additional 6,258 shares during the period. Meta Platforms accounts for about 10.4% of Draper Asset Management LLC's portfolio, making the stock its 5th largest position. Draper Asset Management LLC's holdings in Meta Platforms were worth $19,831,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in META. Brighton Jones LLC grew its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd lifted its stake in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock valued at $86,454,000 after acquiring an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Meta Platforms during the second quarter valued at $213,000. Finally, Capital & Planning LLC acquired a new position in shares of Meta Platforms during the second quarter valued at $322,000. Institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Piper Sandler upped their price target on Meta Platforms from $840.00 to $880.00 and gave the company an "overweight" rating in a research note on Thursday, January 29th. Barclays reaffirmed an "overweight" rating and set a $800.00 price target (up from $770.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Rosenblatt Securities cut their price target on Meta Platforms from $1,144.00 to $1,015.00 and set a "buy" rating on the stock in a research note on Thursday, April 9th. Tigress Financial upped their price target on Meta Platforms from $935.00 to $945.00 and gave the company a "strong-buy" rating in a research note on Wednesday, March 18th. Finally, Robert W. Baird upped their price target on Meta Platforms from $815.00 to $830.00 and gave the company an "outperform" rating in a research note on Thursday, January 29th. Four 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 company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $837.09.

Meta Platforms Trading Up 2.5%

NASDAQ:META opened at $675.50 on Friday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The business's 50-day moving average price is $628.34 and its two-hundred day moving average price is $649.62. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.71 trillion, a price-to-earnings ratio of 28.74, a PEG ratio of 1.07 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same quarter in the prior year, the firm posted $8.02 earnings per share. The company's quarterly revenue was up 23.8% on a year-over-year basis. On average, equities analysts expect that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's dividend payout ratio is presently 8.94%.

More Meta Platforms News

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

• Positive Sentiment: Meta signed a multiyear, multibillion-dollar agreement to deploy tens of millions of AWS Graviton5 cores to power its agentic AI workloads — investors view this as a scalable, cost-efficient way to boost AI capacity and cut future capex risk. Meta strikes deal with Amazon's cloud unit to use its CPU chips
• Positive Sentiment: Management announced plans to cut ~10% of the workforce (~8,000 roles) and freeze hiring for ~6,000 openings to "run more efficiently" and offset AI investments — a move markets often reward when paired with heavy AI capex. Meta will cut 10% of workforce as it pushes more into AI
• Positive Sentiment: Analyst support and buy-side interest (price-target upgrades and bullish notes on AI-driven ad monetization) are reinforcing the upside narrative around revenue and margins. Guggenheim reaffirms buy and sets $850 target
• Neutral Sentiment: Insider sales by the COO were disclosed (executed under a Rule 10b5‑1 plan) — routine but noted by traders watching insider activity. SEC filing: Javier Olivan insider sales
• Negative Sentiment: Staff reactions describe weeks of limbo and morale damage ("28 days of hell") ahead of the May cuts, raising execution and product-risk concerns if key teams are disrupted. Meta employees react to pending job cuts
• Negative Sentiment: Reports that Meta is tracking employee keystrokes and web usage to train AI models raise privacy/ethical questions and potential regulatory scrutiny that could create reputational or legal costs. Meta is tracking employee usage for AI training
• Negative Sentiment: Ongoing legal/ESG pressures (court rulings, shareholder proposals on human rights and AI energy/climate impacts) remain a medium-term headwind for sentiment and could spur additional disclosures or costs. Meta faces new ESG pressures

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 2,778 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares in the company, valued at $6,645,103.65. The trade was a 20.83% decrease in their position. 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 quarter, insiders have sold 166,117 shares of company stock valued at $106,367,778. 13.61% of the stock is currently owned by company insiders.

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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