Legacy Advisors LLC Purchases 1,289 Shares of Meta Platforms, Inc. $META

Key Points

• Legacy Advisors LLC raised its stake in Meta by 4.6%, buying an additional 1,289 shares to hold 29,120 shares worth about $19.22 million, making Meta 1.6% of the fund's portfolio and its 12th largest holding.
• Meta posted strong Q1 results—EPS $10.44 vs. $6.67 estimate and revenue $56.31B (up 33.1%)—driven by ad demand and early AI monetization traction.
• Investors remain cautious despite the beat after Meta raised 2026 capex guidance sharply to roughly $125–$145B, faces reports of a possible $20–$25B bond sale, and has seen notable insider selling.

Legacy Advisors LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,120 shares of the social networking company's stock after purchasing an additional 1,289 shares during the period. Meta Platforms comprises 1.6% of Legacy Advisors LLC's investment portfolio, making the stock its 12th largest holding. Legacy Advisors LLC's holdings in Meta Platforms were worth $19,222,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in META. State Street Corp grew its holdings in shares of Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Danske Bank A S bought a new stake in shares of Meta Platforms during the third quarter worth about $1,191,175,000. Concentrum Wealth Management grew its holdings in shares of Meta Platforms by 948.7% during the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after purchasing an additional 1,124,998 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Meta Platforms by 209.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company's stock worth $314,340,000 after purchasing an additional 824,276 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of Meta Platforms during the third quarter worth about $540,634,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

Shares of META stock opened at $611.91 on Friday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business's 50 day simple moving average is $629.62 and its 200 day simple moving average is $648.40. The stock has a market capitalization of $1.55 trillion, a PE ratio of 22.24, a PEG ratio of 1.09 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 38.83% and a net margin of 32.84%.The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the firm earned $6.43 earnings per share. The company's revenue was up 33.1% compared to the same quarter last year. As a group, research analysts forecast that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared 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 payout ratio is 8.94%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the business's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Andrew Bosworth sold 8,089 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 167,155 shares of company stock valued at $107,067,129. 13.61% of the stock is currently owned by company insiders.

Meta Platforms News Roundup

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

• Positive Sentiment: Strong earnings & ad momentum — Meta beat Q1 revenue and EPS expectations (revenue ~$56.3B; EPS well above consensus), showing robust ad demand and early AI monetization that supports long-term revenue growth. Read More.
• Positive Sentiment: AI product traction — Meta says its Business AI now handles ~10 million conversations per week, evidence that AI features are being adopted and could drive new ad/enterprise revenue streams. Read More.
• Positive Sentiment: New monetization moves — Pilot to pay creators in USDC and partnerships to secure energy for data centers signal diversification of payments and longer-term infrastructure planning. Read More. Read More.
• Neutral Sentiment: Insider selling disclosed — COO Javier Oliván sold shares under a pre-arranged 10b5-1 plan; typical disclosure but watched by investors for signal. Read More.
• Negative Sentiment: Massive capex raise — Meta raised 2026 capital expenditure guidance sharply (now ~$125B–$145B), triggering concerns about near-term free cash flow, funding needs and the payback timeline on multiyear AI infrastructure spending. Investors pitched the stock down on this news. Read More.
• Negative Sentiment: Market reaction vs peers — Investors rewarded Alphabet’s AI strategy but punished Meta for the scale and funding model of its AI spend (no cloud cushion), widening the gap in market confidence. Read More.
• Negative Sentiment: Funding & financing signals — Reports that Meta is exploring a $20–$25B investment-grade bond sale to fund AI expansion add to investor worry about higher leverage and dilution of near-term cash returns. Read More.
• Negative Sentiment: Cost cuts + job risk — Management told staff that layoffs are tied to capex priorities and did not rule out further cuts, underscoring reallocation toward AI at the expense of labor and short-term execution risk. Read More.
• Negative Sentiment: Regulatory/legal exposure — EU Digital Services Act charges over under‑13 users and a New Mexico AG standoff on age verification raise the possibility of fines, restrictions or costly compliance measures. Read More. Read More.
• Negative Sentiment: Loss-making bets & M&A headwinds — Reality Labs reported another multi‑billion operating loss and Meta faces pushback/unwinding of deals (Manus acquisition), highlighting high-cost bets with uncertain returns. Read More. Read More.

Analyst Ratings Changes

Several analysts recently commented on the company. Stifel Nicolaus reduced their target price on Meta Platforms from $820.00 to $805.00 and set a "buy" rating on the stock in a report on Monday, April 13th. Wedbush upped their target price on Meta Platforms from $880.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. KeyCorp reiterated an "overweight" rating and issued a $760.00 target price on shares of Meta Platforms in a report on Thursday. TD Cowen reduced their target price on Meta Platforms from $820.00 to $800.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Monness Crespi & Hardt upped their target price on Meta Platforms from $808.00 to $890.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $841.26.

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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