Meta Platforms, Inc. $META Shares Bought by Turtle Creek Wealth Advisors LLC

Key Points

• Turtle Creek Wealth Advisors increased its Meta position by 11.8% in Q4 to 29,501 shares valued at $19,474,000, making Meta about 1.5% of the fund and its 11th-largest holding.
• Meta beat Q1 estimates with EPS $10.44 (vs. $6.67 est.) and revenue $56.31B (up 33.1% YoY), and management highlighted AI-driven ad momentum, but a large planned 2026 CapEx increase for AI data centers and ongoing Reality Labs losses have pressured the stock.
• Insiders sold 166,638 shares (~$106.7M) last quarter (insiders own 13.61%) while institutional ownership sits at ~79.91%; analysts' consensus is a Moderate Buy with an average target of $840.67.

Turtle Creek Wealth Advisors LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 11.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 29,501 shares of the social networking company's stock after acquiring an additional 3,104 shares during the period. Meta Platforms accounts for about 1.5% of Turtle Creek Wealth Advisors LLC's holdings, making the stock its 11th biggest position. Turtle Creek Wealth Advisors LLC's holdings in Meta Platforms were worth $19,474,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Sentinel Pension Advisors LLC raised its holdings in Meta Platforms by 1.6% in the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company's stock valued at $672,000 after acquiring an additional 14 shares during the last quarter. Alpine Bank Wealth Management raised its holdings in Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company's stock valued at $3,159,000 after acquiring an additional 14 shares during the last quarter. Valued Wealth Advisors LLC raised its holdings in Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company's stock valued at $334,000 after acquiring an additional 14 shares during the last quarter. Vista Capital Partners Inc. raised its holdings in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock valued at $794,000 after acquiring an additional 14 shares during the last quarter. Finally, Forza Wealth Management LLC raised its holdings in Meta Platforms by 3.9% in the 3rd quarter. Forza Wealth Management LLC now owns 402 shares of the social networking company's stock valued at $295,000 after acquiring an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 629 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $670.84, for a total value of $421,958.36. Following the completion of the sale, the chief operating officer directly owned 2,372 shares in the company, valued at approximately $1,591,232.48. This represents a 20.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the completion of the sale, the director owned 3,847 shares of the company's stock, valued at approximately $2,565,949. This represents a 13.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 166,638 shares of company stock valued at $106,697,681. 13.61% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on META shares. Truist Financial cut their price target on Meta Platforms from $900.00 to $840.00 and set a "buy" rating for the company in a report on Thursday. Monness Crespi & Hardt upped their price objective on Meta Platforms from $808.00 to $890.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Morgan Stanley dropped their price objective on Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a report on Monday, March 30th. JPMorgan Chase & Co. restated a "neutral" rating and set a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a report on Thursday. Finally, Mizuho upped their price objective on Meta Platforms from $815.00 to $850.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and an average target price of $840.67.

Meta Platforms Trading Down 0.0%

META stock opened at $608.74 on Monday. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 22.13, a PEG ratio of 0.98 and a beta of 1.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $629.62 and a 200-day simple moving average of $647.50. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the business posted $6.43 EPS. The business's quarterly revenue was up 33.1% on a year-over-year basis. On average, equities research analysts expect that Meta Platforms, Inc. will post 30.82 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms's dividend payout ratio is currently 7.63%.

More Meta Platforms News

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

• Positive Sentiment: Q1 beat & AI ad momentum — Meta reported robust Q1 revenue and EPS, and management highlighted AI-driven ad tools and full‑stack model+chip co‑design that are expanding ad automation and advertiser reach. Meta Does Things Their Own Way
• Positive Sentiment: Robotics/AI talent add — Meta acquired humanoid‑robot startup Assured Robot Intelligence to accelerate robotics model optimization, signaling product diversification in AI/robotics. WSJ: Meta Acquires Assured Robot Intelligence
• Positive Sentiment: Energy and creator initiatives — Meta is signing energy partnerships (space solar/long‑duration storage) to secure power for compute-heavy AI centers and piloting stablecoin creator payouts — moves that support long‑term AI scale and monetization. AI drives growth (context)
• Neutral Sentiment: Analyst reactions mixed — Some firms (e.g., Stifel) trimmed price targets but retained “buy”; others raised targets on longer‑term AI upside. These tweaks sustain divergent Wall Street views on valuation vs. heavy CapEx. Benzinga: Analyst Moves
• Neutral Sentiment: Insider sales disclosed — COO Javier Oliván sold shares under a Rule 10b5‑1 plan; routine but notable given market noise. SEC Filing
• Negative Sentiment: Large CapEx raise spooks investors — Meta lifted 2026 capital expenditure guidance materially (now targeting major AI data‑center buildout), prompting concerns about near‑term free‑cash‑flow and returns; that is the primary reason the stock has been sold. Reuters: CapEx & market reaction
• Negative Sentiment: Regulatory/legal pressure — Threats to pull apps from New Mexico over child‑safety rules and US senators’ scrutiny over ad removals amplify litigation/compliance risk and potential costs. Reuters: Lawmaker Scrutiny
• Negative Sentiment: Reality Labs losses & deal setbacks — Continued multi‑billion losses in Reality Labs and a blocked Manus acquisition in China highlight near‑term cash drag and execution risks on speculative bets. CNBC: Reality Labs Loss

Meta Platforms Company Profile

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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