Maj Invest Holding A S Grows Position in Meta Platforms, Inc. $META

Key Points

• Maj Invest Holding A S boosted its Meta Platforms stake by 22.2% in the fourth quarter, adding 29,019 shares to reach 159,708 shares worth about $105.4 million.
• Other large institutional investors also increased their Meta holdings, and hedge funds and institutions now own 79.91% of the company’s stock.
• Meta reported strong quarterly results, with EPS of $10.44 topping estimates and revenue rising 33.1% year over year to $56.31 billion, while analysts maintain a consensus Moderate Buy rating with an average price target of $840.19.

Maj Invest Holding A S raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 22.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,708 shares of the social networking company's stock after acquiring an additional 29,019 shares during the period. Meta Platforms makes up 4.9% of Maj Invest Holding A S's investment portfolio, making the stock its 13th largest position. Maj Invest Holding A S's holdings in Meta Platforms were worth $105,423,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of 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 valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. State Street Corp increased its position in shares of 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 valued at $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Capital World Investors increased its position in shares of Meta Platforms by 0.7% during the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company's stock valued at $28,823,375,000 after purchasing an additional 278,180 shares during the last quarter. Invesco Ltd. increased its position in shares of Meta Platforms by 0.8% during the 3rd quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company's stock valued at $12,597,374,000 after purchasing an additional 142,229 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Meta Platforms by 4.1% during the 3rd quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company's stock valued at $10,525,258,000 after purchasing an additional 558,792 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

META has been the topic of several recent research reports. Canaccord Genuity Group increased their price objective on Meta Platforms from $900.00 to $930.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. Mizuho reduced their price objective on Meta Platforms from $850.00 to $835.00 and set an "outperform" rating on the stock in a research report on Tuesday, May 5th. Wells Fargo & Company reduced their price objective on Meta Platforms from $770.00 to $765.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 20th. UBS Group reduced their price objective on Meta Platforms from $908.00 to $865.00 and set a "buy" rating on the stock in a research report on Thursday, April 30th. Finally, Cantor Fitzgerald lowered their target price on Meta Platforms from $850.00 to $750.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $840.19.

Insider Buying and Selling

In other news, COO Javier Olivan sold 2,778 shares of Meta Platforms stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $629.45, for a total value of $1,748,612.10. Following the sale, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $6,645,103.65. This trade represents a 20.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, the chief technology officer owned 414 shares in the company, valued at approximately $251,641.62. This represents a 94.99% decrease in their ownership of the stock. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 40,366 shares of company stock worth $25,038,396 in the last ninety days. 13.53% of the stock is owned by insiders.

Key Meta Platforms News

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

• Positive Sentiment: Meta launched paid subscription plans for Facebook, Instagram, WhatsApp, and Meta AI, creating a new monetization path beyond advertising. Early reports suggest the pricing could meaningfully add to revenue over time, and analysts have highlighted upside if adoption builds. Article Title
• Positive Sentiment: Meta also announced a quarterly cash dividend, which may appeal to income-focused investors and signals confidence in the company’s cash generation. Article Title
• Positive Sentiment: Analyst commentary remained constructive, with Rosenblatt reaffirming a buy rating and raising its price target, reflecting optimism around Meta’s ad business, AI efforts, and new subscription revenue. Article Title
• Neutral Sentiment: Meta committed additional funding to its Oversight Board through 2028, which supports governance stability but is unlikely to move the stock much on its own. Article Title
• Neutral Sentiment: COO Javier Olivan sold shares under a pre-arranged trading plan, which is routine insider activity and not necessarily a bearish signal.
• Negative Sentiment: Meta faces continued legal and reputational overhangs, including a Kentucky trial seeking a large penalty and a Supreme Court setback in the Vermont Instagram addiction case. Article Title

Meta Platforms Price Performance

META opened at $635.29 on Friday. The stock's 50 day simple moving average is $617.50 and its 200 day simple moving average is $636.91. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The firm has a market cap of $1.61 trillion, a price-to-earnings ratio of 23.09, a PEG ratio of 1.13 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period last year, the company earned $6.43 EPS. Meta Platforms's revenue for the quarter was up 33.1% compared to the same quarter last year. As a group, analysts predict that Meta Platforms, Inc. will post 29.35 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is presently 7.63%.

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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