Global Wealth Management Investment Advisory Inc. Has $5.56 Million Holdings in Meta Platforms, Inc. $META

Key Points

• Global Wealth Management Investment Advisory Inc. increased its Meta Platforms stake by 18.9% in the fourth quarter, ending with 8,419 shares worth about $5.56 million.
• Meta continues to draw heavy institutional interest, with large firms like Vanguard and State Street also adding to positions; overall, institutional investors and hedge funds own 79.91% of the stock.
• Analyst sentiment remains upbeat, with multiple firms raising price targets and Meta holding a consensus “Moderate Buy” rating and average price target of $840.19.

Global Wealth Management Investment Advisory Inc. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,419 shares of the social networking company's stock after acquiring an additional 1,337 shares during the period. Global Wealth Management Investment Advisory Inc.'s holdings in Meta Platforms were worth $5,557,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock worth $132,015,115,000 after acquiring an additional 7,269,279 shares during the last quarter. State Street Corp lifted its position in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after acquiring an additional 1,650,435 shares during the last quarter. Danske Bank A S acquired a new position in Meta Platforms during the 3rd quarter worth $1,191,175,000. PFA Pension Forsikringsaktieselskab acquired a new position in Meta Platforms during the 4th quarter worth $813,994,000. Finally, Concentrum Wealth Management lifted its position in Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after acquiring an additional 1,124,998 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Canaccord Genuity Group boosted their target price 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. Pivotal Research cut their target price on shares of Meta Platforms from $930.00 to $910.00 and set a "buy" rating for the company in a research report on Thursday, January 29th. BMO Capital Markets boosted their target price on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a "market perform" rating in a research report on Thursday, January 29th. Monness Crespi & Hardt boosted their target price on shares of Meta Platforms from $808.00 to $890.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $810.00 target price on shares of Meta Platforms in a research report on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Meta Platforms has a consensus rating of "Moderate Buy" and a consensus price target of $840.19.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
• Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
• Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
• Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
• Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
• Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.

Insider Activity

In other news, CTO Andrew Bosworth sold 7,847 shares of the company's stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, the chief technology officer owned 414 shares of the company's stock, valued at approximately $251,641.62. This represents a 94.99% decrease in their ownership of the stock. The sale was disclosed in a 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 2,778 shares of the company's 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 completion of the sale, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $6,645,103.65. The trade was a 20.83% decrease in their position. 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 90 days, insiders sold 152,728 shares of company stock valued at $96,925,217. Insiders own 13.53% of the company's stock.

Meta Platforms Stock Up 0.5%

Shares of META opened at $610.26 on Friday. The company has a 50-day simple moving average of $617.68 and a 200-day simple moving average of $637.00. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 22.18, a P/E/G ratio of 1.07 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm's revenue for the quarter was up 33.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.43 earnings per share. On average, equities research analysts expect that Meta Platforms, Inc. will post 29.49 earnings per share for the current year.

Meta Platforms Profile

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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