Meta Platforms, Inc. $META Shares Acquired by Blackhawk Capital Partners LLC

Key Points

• Blackhawk Capital Partners increased its Meta stake by 7.9% in the fourth quarter, ending with 17,082 shares worth about $11.3 million. Meta is now its second-largest holding and makes up roughly 4.2% of its portfolio.
• Meta’s latest quarterly results were strong, with earnings per share of $10.44 and revenue of $56.31 billion, both ahead of expectations. Revenue rose 33.1% year over year, and analysts still expect full-year EPS of 29.49.
• Despite the earnings beat, investors are watching Meta’s AI-driven restructuring, including about 8,000 layoffs and the shift of workers into AI roles. The changes highlight the company’s push to fund heavy AI investments, which could pressure near-term margins and cash flow.

Blackhawk Capital Partners LLC boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,082 shares of the social networking company's stock after buying an additional 1,245 shares during the quarter. Meta Platforms accounts for approximately 4.2% of Blackhawk Capital Partners LLC's investment portfolio, making the stock its 2nd largest position. Blackhawk Capital Partners LLC's holdings in Meta Platforms were worth $11,276,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its holdings in Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after buying an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Meta Platforms during the second quarter worth approximately $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms in the second quarter worth approximately $322,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,778 shares of the stock in a transaction that occurred 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 sale, the chief operating officer owned 10,557 shares in the company, valued at $6,645,103.65. This represents a 20.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction on Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 171,517 shares of company stock valued at $109,138,067. Corporate insiders own 13.53% of the company's stock.

Trending Headlines about Meta Platforms

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

• Negative Sentiment: Meta began cutting about 8,000 jobs, or roughly 10% of its workforce, as part of a broader AI-first restructuring. Investors may view the move as evidence that the company needs to offset rising AI investment costs, which could weigh on near-term profitability. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
• Negative Sentiment: Multiple reports say Meta tied the layoffs to funding its AI push, reinforcing worries that aggressive investment in AI could pressure earnings and cash flow before the benefits show up. Zuckerberg says 'success isn't a given' in memo to employees amid Meta layoffs
• Negative Sentiment: Management’s decision to reassign about 7,000 workers into AI-related roles while cutting headcount highlights the scale of the internal overhaul and may keep morale and execution risks in focus. Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
• Negative Sentiment: Meta’s CFO, Susan Li, sold shares in a pre-arranged transaction, which can add to short-term caution even though the sale was reportedly for tax withholding purposes. Meta Platforms NASDAQ: META CFO Susan Li Sells 2,127 Shares
• Neutral Sentiment: Meta also offered rival AI chatbots limited free access to WhatsApp in Europe, a move that could support platform usage but does not yet have a clear near-term financial impact. Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say
• Neutral Sentiment: Analysts remain generally constructive on Meta’s long-term earnings power, with Wells Fargo only slightly trimming its price target while keeping an Overweight rating. Wells Fargo Trims Meta Platforms Price Target to $765: Why the AI Infrastructure Bet Still Has Believers

Meta Platforms Stock Up 0.4%

Shares of Meta Platforms stock opened at $605.06 on Thursday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market cap of $1.53 trillion, a P/E ratio of 21.99, a P/E/G ratio of 1.06 and a beta of 1.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average price of $619.50 and a 200 day moving average price of $637.47.

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

Analyst Ratings Changes

META has been the subject of a number of recent research reports. Guggenheim cut their price objective on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Wall Street Zen lowered Meta Platforms from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Sanford C. Bernstein reduced their target price on Meta Platforms from $900.00 to $850.00 and set an "outperform" rating for the company in a report on Thursday, April 30th. Truist Financial decreased their price target on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Finally, TD Cowen dropped their price target on Meta Platforms from $820.00 to $800.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Four equities 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $840.19.

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.

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