Meta Platforms, Inc. $META Shares Acquired by Elevate Capital Advisors LLC

Key Points

• Elevate Capital Advisors LLC boosted its Meta stake by 13.3% to 6,485 shares (worth $4.281 million), making Meta ~2.8% of the fund and its sixth-largest holding.
• Meta beat quarterly expectations with EPS $8.88 vs. $8.16 and revenue $59.89B (+23.8%), and analysts hold a "Moderate Buy" consensus with a $837.72 average target (many firms issuing $820–$872 targets).
• Insiders have sold significant stock—165,079 shares worth $105.6M in the last three months (including COO Javier Olivan and Director Robert Kimmitt)—while Reuters reports Meta plans to cut ~10% of its workforce (~8,000 jobs), posing execution and morale risks.

Elevate Capital Advisors LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,485 shares of the social networking company's stock after acquiring an additional 760 shares during the period. Meta Platforms comprises about 2.8% of Elevate Capital Advisors LLC's investment portfolio, making the stock its 6th biggest holding. Elevate Capital Advisors LLC's holdings in Meta Platforms were worth $4,281,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Sentinel Pension Advisors LLC lifted its holdings in Meta Platforms by 1.6% in the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company's stock worth $672,000 after acquiring an additional 14 shares during the last quarter. Alpine Bank Wealth Management lifted its holdings in Meta Platforms by 0.3% in the third quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company's stock worth $3,159,000 after acquiring an additional 14 shares during the last quarter. Valued Wealth Advisors LLC lifted its holdings in Meta Platforms by 3.2% in the third quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company's stock worth $334,000 after acquiring an additional 14 shares during the last quarter. Vista Capital Partners Inc. lifted its holdings in Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after acquiring an additional 14 shares during the last quarter. Finally, JGP Wealth Management LLC lifted its holdings in Meta Platforms by 0.7% in the third quarter. JGP Wealth Management LLC now owns 2,274 shares of the social networking company's stock worth $1,653,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on META. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $860.00 price target (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. TD Cowen restated a "buy" rating and issued a $820.00 target price on shares of Meta Platforms in a research report on Thursday. UBS Group reaffirmed a "buy" rating and set a $872.00 target price (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Roth Mkm reduced their price target on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Monday, January 26th. Finally, Wells Fargo & Company decreased their price target on Meta Platforms from $856.00 to $765.00 and set an "overweight" rating for the company in a research note on Thursday, April 2nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $837.72.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 580 shares of the business's stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director owned 3,847 shares of the company's stock, valued at $2,565,949. The trade was a 13.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 2,778 shares of the business's 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. The trade was a 20.83% decrease in their position. 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 three months, insiders have sold 165,079 shares of company stock worth $105,624,755. 13.61% of the stock is owned by corporate insiders.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Expanded AI partnerships and infrastructure deals boost revenue/AI roadmap visibility — Meta deepened and extended its Broadcom AI‑chip relationship (scaling capacity through 2029), supporting faster AI feature rollout and higher ad/engagement monetization potential. Meta Platforms Taps AVGO for AI Expansion: Buy or Hold META Stock?
• Positive Sentiment: Large capacity commitments to CoreWeave underline sizable, long‑dated AI infrastructure spending that supports Meta’s compute roadmap and revenue mix. This signals durable demand for Meta’s AI stack and gives investors visibility on AI spend scale. CoreWeave's April Shockwave — Meta, Anthropic, Jane Street All Say Yes
• Positive Sentiment: Analyst support: TD Cowen reiterated a buy and assigned a high $820 price target, which can drive positive sentiment and flows into the stock. Meta Platforms NASDAQ: META Receives Buy Rating from TD Cowen
• Neutral Sentiment: Hardware pricing update: Meta will raise U.S. prices for Quest VR headsets to offset rising component costs — a margin/profitability mix impact that’s ambiguous for top‑line growth. Meta to raise Quest VR headset prices in US on rising component costs
• Neutral Sentiment: Insider sales: COO Javier Olivan sold shares under a pre‑arranged 10b5‑1 plan (disclosed SEC filing) — routine but noted by traders as liquidity/positioning data. SEC ownership filing
• Neutral Sentiment: Reputation/regulatory watch: Reports of AI‑generated fake influencer accounts across platforms (TikTok/Instagram/Facebook) add moderation and policy risk, but near‑term financial impact is uncertain. Hundreds of Fake Pro-Trump Avatars Emerge on Social Media
• Negative Sentiment: Major layoffs planned: Reuters reports Meta will cut roughly 10% of its global workforce (~8,000 jobs) in an initial wave targeted for May 20, with additional rounds later in 2026. That reduces near‑term operating costs but raises execution, morale and product roadmap risk; markets often react variably to large cuts. Exclusive: Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
• Negative Sentiment: Regulatory pressure in Europe: The European Commission is considering interim measures to force WhatsApp policy rollbacks that could limit how third‑party AI services access WhatsApp Business — a potential hit to monetization plans in a key market. European Action On WhatsApp AI Access Tests Meta’s Monetization Plans

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $688.55 on Monday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a market cap of $1.74 trillion, a price-to-earnings ratio of 29.30, a PEG ratio of 1.12 and a beta of 1.31. The stock's 50 day moving average price is $627.49 and its 200 day moving average price is $650.79. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm had revenue of $59.89 billion for the quarter, compared to analysts' expectations of $58.33 billion. During the same quarter in the previous year, the company earned $8.02 earnings per share. The firm's quarterly revenue was up 23.8% compared to the same quarter last year. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were issued a dividend of $0.525 per share. 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 presently 8.94%.

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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