Meta Platforms, Inc. $META Holdings Cut by SVB Wealth LLC

Key Points

• SVB Wealth LLC reduced its Meta position by 3.4% in the second quarter, selling 1,057 shares and retaining 29,720 shares valued at approximately $16.7 million.
• Institutional investors own approximately 79.91% of Meta’s outstanding shares, with several major funds—including Geode Capital, Norges Bank and Bank of America—recently increasing their holdings.
• Meta’s latest quarterly results showed revenue growth of 28% year over year to $60.8 billion, though earnings of $6.18 per share missed analyst expectations of $7.19. Analysts maintain a “Moderate Buy” consensus, with an average price target of $787.86.

SVB Wealth LLC lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,720 shares of the social networking company's stock after selling 1,057 shares during the quarter. Meta Platforms makes up approximately 1.0% of SVB Wealth LLC's holdings, making the stock its 22nd biggest holding. SVB Wealth LLC's holdings in Meta Platforms were worth $16,741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of META. Auto Owners Insurance Co boosted its holdings in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after purchasing an additional 105,154,977 shares during the last quarter. Geode Capital Management LLC increased its stake in Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock valued at $34,734,628,000 after purchasing an additional 878,396 shares during the last quarter. Norges Bank acquired a new position in Meta Platforms in the fourth quarter valued at $22,152,075,000. Bank of America Corp DE lifted its position in Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock worth $12,036,491,000 after buying an additional 2,673,494 shares during the period. Finally, Invesco Ltd. lifted its position in Meta Platforms by 6.1% during the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock worth $12,013,948,000 after buying an additional 1,046,715 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Up 3.3%

Shares of NASDAQ META opened at $739.43 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $779.82. The stock's 50-day simple moving average is $618.47 and its 200-day simple moving average is $613.86. The firm has a market cap of $1.88 trillion, a price-to-earnings ratio of 27.85, a PEG ratio of 1.25 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. During the same period in the prior year, the company posted $7.14 EPS. The company's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were paid a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's dividend payout ratio is 7.91%.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 7,848 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer directly owned 828 shares of the company's stock, valued at $462,024. This represents a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the transaction, the chief operating officer owned 9,498 shares in the company, valued at $5,708,013.06. This trade represents a 26.06% 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. In the last 90 days, insiders sold 150,307 shares of company stock worth $101,851,357. 13.53% of the stock is currently owned by insiders.

Meta Platforms News Summary

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

• Positive Sentiment: Meta expanded Muse for Small Business, adding integrations with Shopify, QuickBooks, Stripe, Canva, Dropbox and Slack. The initiative could create subscription, transaction and enterprise-software revenue streams while reducing the company’s reliance on digital advertising. Meta expands Muse AI agent for small businesses
• Positive Sentiment: Analysts highlighted Muse’s rapid adoption and potential to become a multibillion-dollar growth catalyst. Its integration with Meta’s large Facebook, Instagram, Messenger and WhatsApp user base may support future subscriptions, commerce fees, advertising improvements and AI-api revenue. Beyond advertising: analysts align on Meta Muse
• Positive Sentiment: Meta’s push into business AI was reinforced by its new Meta Enterprise Platform and the hiring of former MongoDB CEO Chirantan “CJ” Desai to lead the effort. The move signals an attempt to monetize substantial AI infrastructure spending through corporate customers. Meta launches enterprise AI platform
• Positive Sentiment: Monness Crespi & Hardt raised its META price target to $830 from $730 and maintained a Buy rating. Analysts also point to AI-driven increases in advertising engagement, clicks and conversions as evidence that current investments may strengthen Meta’s core business. Meta Platforms price target raised
• Neutral Sentiment: Meta CEO Mark Zuckerberg sold 27,474 shares for approximately $21.4 million under a pre-arranged Rule 10b5-1 plan. Because the sale was scheduled in advance, it is not necessarily a signal about the company’s outlook. Mark Zuckerberg sells Meta shares
• Negative Sentiment: OpenAI unveiled its always-on Dots agents, creating a direct competitive threat to Muse in consumer and enterprise AI. Reports that Muse exposed private information, including a user’s address, also raise privacy, safety, regulatory and reputational risks. OpenAI unveils Dots agents
• Negative Sentiment: Investors continue to weigh Meta’s sharply higher AI and data-center expenses against uncertain returns. The company also faces scrutiny over teen safety, data practices and potential regulation, which could increase costs or constrain monetization.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Arete Research lifted their price target on Meta Platforms from $735.00 to $806.00 and gave the company a "buy" rating in a report on Wednesday, September 16th. Loop Capital boosted their target price on shares of Meta Platforms from $740.00 to $955.00 and gave the company a "buy" rating in a report on Thursday, September 24th. HSBC cut their price target on shares of Meta Platforms from $905.00 to $830.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. The Goldman Sachs Group restated a "buy" rating and set a $725.00 price objective (down from $815.00) on shares of Meta Platforms in a report on Thursday, August 27th. Finally, Evercore increased their target price on Meta Platforms from $820.00 to $860.00 in a research report on Tuesday, August 25th. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $787.86.

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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