Factory Mutual Insurance Co. Sells 5,950 Shares of Meta Platforms, Inc. $META

Key Points

• Factory Mutual Insurance Co. trimmed its position in Meta by 2.0%, selling 5,950 shares and now holds 291,441 shares valued at about $192.38 million, making Meta its 10th-largest holding.
• Meta beat expectations for the quarter with EPS of $8.88 vs. $8.16 estimated and revenue of $59.89 billion, up 23.8% year-over-year.
• Insiders sold 165,079 shares worth $105.6 million over the last quarter (including director and COO sales under Rule 10b5‑1 plans), while institutional ownership is roughly 80%.

Factory Mutual Insurance Co. cut its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 291,441 shares of the social networking company's stock after selling 5,950 shares during the quarter. Meta Platforms makes up about 2.0% of Factory Mutual Insurance Co.'s holdings, making the stock its 10th biggest position. Factory Mutual Insurance Co.'s holdings in Meta Platforms were worth $192,377,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldstone Financial Group LLC grew its stake in Meta Platforms by 44.4% in 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 buying an additional 1,153 shares during the last quarter. Ashton Thomas Private Wealth LLC grew its stake in Meta Platforms by 34.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company's stock valued at $38,373,000 after buying an additional 13,311 shares during the last quarter. Becker Capital Management Inc. grew its position in Meta Platforms by 5.0% in the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company's stock worth $25,741,000 after purchasing an additional 1,657 shares during the last quarter. Diversified Trust Co. grew its position in Meta Platforms by 4.1% in the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock worth $55,487,000 after purchasing an additional 3,336 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC grew its position in Meta Platforms by 16.2% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company's stock worth $5,091,000 after purchasing an additional 968 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $688.55 on Monday. 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 firm's 50-day simple moving average is $627.49 and its 200-day simple moving average is $650.79. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The firm has a market cap of $1.74 trillion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 1.12 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last issued 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 net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same period in the previous year, the business earned $8.02 EPS. The firm's revenue was up 23.8% on a year-over-year basis. As a group, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

More Meta Platforms News

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

• Positive Sentiment: Expanded AI partnerships and infrastructure deals boost revenue/AI roadmap visibility — Meta deepened and extended its Broadcom AI‑chip relationship (scaling capacity through 2029), supporting faster AI feature rollout and higher ad/engagement monetization potential. Meta Platforms Taps AVGO for AI Expansion: Buy or Hold META Stock?
• Positive Sentiment: Large capacity commitments to CoreWeave underline sizable, long‑dated AI infrastructure spending that supports Meta’s compute roadmap and revenue mix. This signals durable demand for Meta’s AI stack and gives investors visibility on AI spend scale. CoreWeave's April Shockwave — Meta, Anthropic, Jane Street All Say Yes
• Positive Sentiment: Analyst support: TD Cowen reiterated a buy and assigned a high $820 price target, which can drive positive sentiment and flows into the stock. Meta Platforms NASDAQ: META Receives Buy Rating from TD Cowen
• Neutral Sentiment: Hardware pricing update: Meta will raise U.S. prices for Quest VR headsets to offset rising component costs — a margin/profitability mix impact that’s ambiguous for top‑line growth. Meta to raise Quest VR headset prices in US on rising component costs
• Neutral Sentiment: Insider sales: COO Javier Olivan sold shares under a pre‑arranged 10b5‑1 plan (disclosed SEC filing) — routine but noted by traders as liquidity/positioning data. SEC ownership filing
• Neutral Sentiment: Reputation/regulatory watch: Reports of AI‑generated fake influencer accounts across platforms (TikTok/Instagram/Facebook) add moderation and policy risk, but near‑term financial impact is uncertain. Hundreds of Fake Pro-Trump Avatars Emerge on Social Media
• Negative Sentiment: Major layoffs planned: Reuters reports Meta will cut roughly 10% of its global workforce (~8,000 jobs) in an initial wave targeted for May 20, with additional rounds later in 2026. That reduces near‑term operating costs but raises execution, morale and product roadmap risk; markets often react variably to large cuts. Exclusive: Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
• Negative Sentiment: Regulatory pressure in Europe: The European Commission is considering interim measures to force WhatsApp policy rollbacks that could limit how third‑party AI services access WhatsApp Business — a potential hit to monetization plans in a key market. European Action On WhatsApp AI Access Tests Meta’s Monetization Plans

Insider Activity

In other news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. The trade was a 13.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 2,778 shares of Meta Platforms stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the sale, the chief operating officer owned 10,557 shares in the company, valued at approximately $6,645,103.65. This trade represents a 20.83% 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 quarter, insiders have sold 165,079 shares of company stock worth $105,624,755. 13.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have issued reports on META. Canaccord Genuity Group raised their price target on shares of Meta Platforms from $900.00 to $930.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Evercore raised 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. TD Cowen restated a "buy" rating and issued a $820.00 price target on shares of Meta Platforms in a research report on Thursday. Argus restated a "buy" rating and issued a $800.00 price target on shares of Meta Platforms in a research report on Monday, February 2nd. Finally, Scotiabank raised their price target on shares of Meta Platforms from $685.00 to $700.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and an average target price of $837.72.

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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