Hedeker Wealth LLC Sells 1,314 Shares of Meta Platforms, Inc. $META

Key Points

• Hedeker Wealth LLC trimmed its stake in Meta by 7.2% in Q4, selling 1,314 shares and leaving 16,965 shares valued at about $11.20 million, with Meta comprising 2.3% of its portfolio (its 12th largest holding).
• There has been notable insider and institutional activity: insiders sold a total of 164,562 shares (~$105.3 million) over the past three months while institutional investors own roughly 79.9% of Meta stock.
• Key company developments are creating mixed sentiment—Meta partnered with Broadcom to build custom AI chips (reducing NVIDIA dependence) but is also reportedly planning ~10% layoffs starting May 20, raising near‑term execution and employee‑disruption risks.

Hedeker Wealth LLC trimmed its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 16,965 shares of the social networking company's stock after selling 1,314 shares during the period. Meta Platforms comprises 2.3% of Hedeker Wealth LLC's investment portfolio, making the stock its 12th biggest position. Hedeker Wealth LLC's holdings in Meta Platforms were worth $11,198,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. 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. Ashton Thomas Private Wealth LLC grew its position in shares of Meta Platforms by 34.2% during 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 acquiring an additional 13,311 shares during the period. Becker Capital Management Inc. grew its position in shares of Meta Platforms by 5.0% during the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company's stock valued at $25,741,000 after acquiring an additional 1,657 shares during the period. Diversified Trust Co. grew its position in shares of Meta Platforms by 4.1% during the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock valued at $55,487,000 after acquiring an additional 3,336 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC grew its position in shares of Meta Platforms by 16.2% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company's stock valued at $5,091,000 after acquiring an additional 968 shares during the period. 79.91% of the stock is owned by institutional investors.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta expanded its AI infrastructure strategy by partnering with Broadcom to develop custom AI chips, a move investors view as reducing dependence on NVIDIA and potentially lowering long‑term AI costs. The Meta‑Broadcom AI Chip Deal
• Positive Sentiment: Performance divergence vs. Alphabet highlights Meta’s stronger recent investor returns and market leadership in ad recovery and AI monetization, supporting a bullish narrative on share appreciation. Meta vs. Alphabet: One Just Handed Investors a 40% Return
• Positive Sentiment: Analysts continue to call Meta a momentum buy after strong app metrics and downloads; Barclays reaffirmed a Buy and other outlets highlight long‑term momentum, which helps underpin demand for the shares. Meta Gets Analyst Approval After Record App Downloads
• Neutral Sentiment: Bank of America trimmed its price target to $820 from $885 but kept a Buy rating — a modest downgrade to upside while signaling confidence in Meta’s ad and AI positioning. BofA Trims Meta Price Target to $820
• Neutral Sentiment: Multiple pre‑earnings writeups and fund‑level analyses (Rowan Street Capital, InsiderMonkey pieces) are increasing investor attention ahead of results — this raises volatility but not a clear directional signal. Rowan Street Capital’s Analysis on Meta
• Negative Sentiment: Meta is preparing a large round of layoffs beginning May 20 (reported as ~10% of headcount), which signals cost pressure from rising AI infrastructure spending and raises near‑term execution risks and employee disruption. Meta Prepares for "May 20" Layoffs
• Negative Sentiment: An SEC filing shows a Meta director sold about $386,860 in stock; insider sales can create short‑term selling pressure or signal portfolio rebalancing concerns. Director Sells $386,860 in Stock
• Negative Sentiment: Competition is intensifying as Apple tests AI‑powered smart glasses — a credible rival in the AR hardware race that could pressure future device monetization. How Apple Plans to Compete with Meta In Smart Glasses

Meta Platforms Stock Performance

Shares of META stock opened at $670.91 on Tuesday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. 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 stock has a market capitalization of $1.70 trillion, a P/E ratio of 28.55, a PEG ratio of 1.12 and a beta of 1.31. The firm's 50 day moving average is $627.36 and its 200 day moving average is $650.39.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS 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 firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same period last year, the firm earned $8.02 EPS. The business's quarterly revenue was up 23.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,778 shares of the firm's stock in a transaction on 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 of the company's stock, valued at $6,645,103.65. This trade represents a 20.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 8,089 shares of the firm's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company's stock, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 164,562 shares of company stock valued at $105,310,238 in the last three months. Company insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on META shares. Morgan Stanley reduced their target price on shares of Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a research report on Monday, March 30th. Canaccord Genuity Group upped their price target on shares of Meta Platforms from $900.00 to $930.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Stifel Nicolaus dropped their price target on shares of Meta Platforms from $820.00 to $805.00 and set a "buy" rating on the stock in a research note on Monday, April 13th. Wells Fargo & Company dropped their price target on shares of Meta Platforms from $856.00 to $765.00 and set an "overweight" rating on the stock in a research note on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Meta Platforms from $880.00 to $920.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Four investment 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. Based on data from MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $836.30.

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.

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.