Meta Platforms, Inc. $META Shares Bought by Matrix Asset Advisors Inc. NY

Key Points

• Matrix Asset Advisors boosted its Meta stake by 14.4% in Q4 to 32,186 shares worth $21.25 million, making Meta 1.9% of its portfolio and part of the broader trend that leaves institutional investors owning about 79.9% of the company.
• Analysts have recently lifted price targets (e.g., DA Davidson, Truist, Scotiabank) and the consensus sits at a "Moderate Buy" with an average target of $843.57, reflecting renewed bullishness around Meta's AI and ad prospects.
• Meta beat Q4 estimates with EPS of $8.88 versus $8.16 and revenue of $59.89 billion (up 23.8% YoY), and the company pays a quarterly dividend of $0.525 ($2.10 annual, ~0.4% yield).

Matrix Asset Advisors Inc. NY boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 14.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,186 shares of the social networking company's stock after acquiring an additional 4,052 shares during the period. Meta Platforms comprises 1.9% of Matrix Asset Advisors Inc. NY's investment portfolio, making the stock its 20th biggest holding. Matrix Asset Advisors Inc. NY's holdings in Meta Platforms were worth $21,246,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms during the 3rd quarter worth approximately $26,000. Knuff & Co LLC acquired a new position in Meta Platforms during the 2nd quarter worth approximately $44,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock worth $65,000 after acquiring an additional 35 shares in the last quarter. PMV Capital Advisers LLC grew its holdings in Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company's stock worth $63,000 after acquiring an additional 20 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in Meta Platforms during the 3rd quarter worth approximately $71,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on META. DA Davidson upped their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Scotiabank upped their target price on shares of Meta Platforms from $685.00 to $700.00 and gave the company a "sector perform" rating in a report on Thursday, January 29th. Truist Financial upped their target price on shares of Meta Platforms from $875.00 to $900.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 target price on shares of Meta Platforms in a report on Monday, January 26th. Finally, Erste Group Bank cut shares of Meta Platforms from a "buy" rating to a "hold" rating in a report 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 given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $843.57.

More Meta Platforms News

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

• Positive Sentiment: OpenAI’s shutdown of the Sora app removes a high-profile competitor to short-form video (Reels), easing competitive pressure on Meta’s ad franchise and Reels monetization runway. This bolsters the case for sustainable ad growth and margin leverage.
• Positive Sentiment: Analyst/investor bullishness and stock-pickers calling Meta a buy: a Seeking Alpha piece argues Meta’s Q4 beat, AI-driven ad improvements, and tighter discretionary spending make it a buy (potential upside to sentiment). Meta Platforms: Time To Double Down
• Positive Sentiment: Goldman Sachs / broader macro narrative: coverage noting cheaper tech valuations and a new “opportunity” view on AI-exposed large caps supports rotation back into names like Meta as AI optimism normalizes. High Growth, Lower Valuations
• Neutral Sentiment: Upcoming quarterly report is a near-term catalyst—investors are focused on Q1 guidance, ad trends, and AI monetization progress; the preview outlines what to watch but outcome uncertainty makes this a binary event. What to Expect From Meta Platforms' Next Quarterly Earnings Report
• Neutral Sentiment: Market microstructure: trading commentary shows Meta’s price action is relatively controlled with lower intraday volatility compared with high-beta AI plays, which may attract institutional flows looking for large-cap AI exposure with lower volatility. Meta Vs. SMCI: 1 AI Trade, 2 Risk Profiles
• Neutral Sentiment: Product and ad tools: guides and coverage on Meta’s Collection Ads and ad agency use-cases reinforce steady demand from e-commerce advertisers but are incremental rather than immediate share-movers. Meta Collection Ads For eCommerce Businesses
• Negative Sentiment: Analyst downgrade to “Hold” injects short-term headwinds for sentiment—downgrades can pressure shares and reduce the pool of buyers at current levels. Analyst Downgrades Meta Platforms (META) to ‘Hold’
• Negative Sentiment: Lingering concerns — higher AI spending, legal/regulatory risks and geopolitical noise — continue to cap multiple expansion and leave shares sensitive to negative headlines. General market write-ups highlight these ongoing risks. What's going on with Meta stock today?

Meta Platforms Stock Up 0.4%

Shares of NASDAQ:META opened at $575.05 on Wednesday. The stock has a market cap of $1.45 trillion, a P/E ratio of 24.47, a P/E/G ratio of 0.89 and a beta of 1.31. The firm has a fifty day moving average price of $633.84 and a 200 day moving average price of $656.17. 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, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

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

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were paid a dividend of $0.525 per share. The ex-dividend date was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms's dividend payout ratio is currently 8.94%.

Insider Buying and Selling

In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $366,571.60. Following the completion of the sale, the director owned 4,427 shares in the company, valued at $2,797,952.54. This represents a 11.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 56,571 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The SEC filing for this sale provides additional information. Insiders sold a total of 160,931 shares of company stock worth $102,997,526 in the last 90 days. Company insiders own 13.61% of the company's stock.

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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