Meta Platforms, Inc. $META Shares Acquired by XXI Wealth LLC

Key Points

• XXI Wealth LLC increased its Meta Platforms stake by 52.4% in the third quarter, adding 1,950 shares for a total of 5,669 shares valued at approximately $4.11 million.
• Institutional investors and hedge funds own 79.91% of Meta’s shares, with major holders including State Street, Bank of America, UBS, Amundi, and Dimensional Fund Advisors expanding their positions.
• Analysts maintain a broadly positive view, with Meta receiving a “Moderate Buy” consensus rating and an average price target of $833.12; however, COO Javier Olivan sold 946 shares under a pre-arranged Rule 10b5-1 plan.

XXI Wealth LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 52.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,669 shares of the social networking company's stock after acquiring an additional 1,950 shares during the quarter. Meta Platforms accounts for about 1.6% of XXI Wealth LLC's portfolio, making the stock its 11th largest position. XXI Wealth LLC's holdings in Meta Platforms were worth $4,111,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. State Street Corp increased its holdings in Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock worth $51,841,811,000 after purchasing an additional 3,510,123 shares during the period. Bank of America Corp DE raised its position in Meta Platforms by 14.6% in the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock valued at $12,036,491,000 after purchasing an additional 2,673,494 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Meta Platforms by 1.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company's stock valued at $7,230,426,000 after buying an additional 162,909 shares during the period. Amundi boosted its stake in shares of Meta Platforms by 18.1% in the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company's stock valued at $6,784,873,000 after buying an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Meta Platforms by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company's stock valued at $5,964,745,000 after buying an additional 404,948 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

META has been the topic of a number of recent research reports. Daiwa Securities Group cut their target price on shares of Meta Platforms from $790.00 to $687.00 and set a "buy" rating on the stock in a research note on Tuesday, August 4th. Rothschild & Co Redburn raised their target price on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a "buy" rating in a report on Tuesday, July 21st. BNP Paribas Exane decreased their price target on shares of Meta Platforms from $955.00 to $855.00 and set an "outperform" rating for the company in a research note on Thursday, July 30th. Yorkville Ives began coverage on shares of Meta Platforms in a research note on Tuesday, October 6th. They issued an "outperform" rating and a $900.00 price target for the company. Finally, Susquehanna boosted their price target on shares of Meta Platforms from $650.00 to $850.00 and gave the stock a "positive" rating in a report on Thursday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $833.12.

Insider Activity

In related news, COO Javier Olivan sold 946 shares of the firm's stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $640.00, for a total transaction of $605,440.00. Following the transaction, the chief operating officer owned 5,040 shares in the company, valued at $3,225,600. This trade represents a 15.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 150,015 shares of company stock valued at $102,464,300. 13.53% of the stock is owned by corporate insiders.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta priced a $25 billion Class A common-stock offering and a $12.5 billion mandatory convertible preferred-stock offering, with proceeds earmarked for its artificial-intelligence infrastructure. The common offering reportedly attracted demand several times greater than the shares available, suggesting institutional interest in Meta’s AI strategy. Meta offering pricing
• Positive Sentiment: Nvidia plans to invest $3 billion in Meta and expand its partnership around Meta’s Muse AI assistant and models. The deal provides third-party validation for Meta’s AI ambitions and may help secure access to Nvidia hardware. Nvidia invests in Meta partnership
• Positive Sentiment: Meta’s core advertising business remains strong: ad impressions increased 10% year over year, average ad prices rose 14%, and AI improvements reportedly lifted app-ad conversions by 9.6%. Early adoption of Muse and new AI experiments such as Waddle World could create future commerce and subscription revenue. Meta AI risk and reward
• Neutral Sentiment: Meta delayed indefinitely the rollout of new commercial terms after publisher objections. The move could reduce near-term conflict but leaves unresolved questions about the company’s relationship with media organizations and use of publisher content. Meta delays commercial terms
• Negative Sentiment: The major concern is dilution: Meta is pursuing nearly $98 billion in equity financing, including new common and convertible preferred securities. Investors appear worried that the funding will reduce per-share value even if it finances long-term AI growth. Meta stock analysis and dilution
• Negative Sentiment: AI investment is weighing heavily on near-term financials. Capital expenditures reached $34.9 billion, producing negative free cash flow of $2.1 billion, while higher spending and legal costs pressured margins. This has led some analysts to downgrade the stock, despite revenue exceeding expectations. Meta AI spending downgrade
• Negative Sentiment: Meta COO Javier Olivan sold shares worth approximately $1.0 million in two transactions. Both sales were executed under a pre-arranged Rule 10b5-1 plan, reducing their significance as a signal of management’s outlook. SEC insider transaction filing

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $612.49 on Thursday. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $779.82. The firm has a market capitalization of $1.56 trillion, a P/E ratio of 20.88, a P/E/G ratio of 1.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.90 and a quick ratio of 1.90. The company's fifty day moving average price is $667.08 and its 200 day moving average price is $632.53.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.86. The company had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. Meta Platforms's revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $7.25 earnings per share. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 28.98 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were given a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio is 7.16%.

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company's principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.

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