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Meta Platforms, Inc. $META Shares Purchased by Consolidated Portfolio Review Corp

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Key Points

  • Consolidated Portfolio Review Corp boosted its Meta stake by 208% in Q4 to 10,235 shares valued at $6.756 million, making META 0.6% of the fund and its 20th-largest holding.
  • Meta struck a multiyear deal to deploy AWS Graviton5 cores for its AI workloads and announced plans to cut about 10% of its workforce and freeze hiring for roughly 6,000 roles to fund AI investments, moves investors viewed positively.
  • Company insiders sold a total of 166,117 shares (~$106.4 million) in the past three months, including disclosed sales by Director Robert Kimmitt and COO Javier Olivan executed under Rule 10b5‑1 plans.
  • Five stocks we like better than Meta Platforms.

Consolidated Portfolio Review Corp boosted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 208.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,235 shares of the social networking company's stock after purchasing an additional 6,912 shares during the quarter. Meta Platforms makes up 0.6% of Consolidated Portfolio Review Corp's portfolio, making the stock its 20th biggest holding. Consolidated Portfolio Review Corp's holdings in Meta Platforms were worth $6,756,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% in the 4th 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 in the last quarter. Headwater Capital Co Ltd lifted its stake in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock valued at $86,454,000 after purchasing an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Meta Platforms in the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC acquired a new position in shares of Meta Platforms in the 2nd quarter valued at about $322,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms 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 approximately $2,565,949. The trade was a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $680.09, for a total value of $629,763.34. Following the sale, the chief operating officer directly owned 9,631 shares in the company, valued at approximately $6,549,946.79. This trade represents a 8.77% 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 sold 166,117 shares of company stock worth $106,367,778. Company insiders own 13.61% of the company's stock.

Wall Street Analysts Forecast Growth

META has been the subject of several recent research reports. Sanford C. Bernstein reissued an "outperform" rating and issued a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Canaccord Genuity Group increased their price objective on shares of Meta Platforms from $900.00 to $930.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Erste Group Bank cut Meta Platforms from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Scotiabank boosted their price objective on Meta Platforms from $685.00 to $700.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 29th. Finally, Arete Research restated a "neutral" rating on shares of Meta Platforms in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $837.09.

Check Out Our Latest Stock Analysis on Meta Platforms

More Meta Platforms News

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

  • Positive Sentiment: Meta signed a multiyear, multibillion-dollar agreement to deploy tens of millions of AWS Graviton5 cores to power its agentic AI workloads — investors view this as a scalable, cost-efficient way to boost AI capacity and cut future capex risk. Meta strikes deal with Amazon's cloud unit to use its CPU chips
  • Positive Sentiment: Management announced plans to cut ~10% of the workforce (~8,000 roles) and freeze hiring for ~6,000 openings to "run more efficiently" and offset AI investments — a move markets often reward when paired with heavy AI capex. Meta will cut 10% of workforce as it pushes more into AI
  • Positive Sentiment: Analyst support and buy-side interest (price-target upgrades and bullish notes on AI-driven ad monetization) are reinforcing the upside narrative around revenue and margins. Guggenheim reaffirms buy and sets $850 target
  • Neutral Sentiment: Insider sales by the COO were disclosed (executed under a Rule 10b5‑1 plan) — routine but noted by traders watching insider activity. SEC filing: Javier Olivan insider sales
  • Negative Sentiment: Staff reactions describe weeks of limbo and morale damage ("28 days of hell") ahead of the May cuts, raising execution and product-risk concerns if key teams are disrupted. Meta employees react to pending job cuts
  • Negative Sentiment: Reports that Meta is tracking employee keystrokes and web usage to train AI models raise privacy/ethical questions and potential regulatory scrutiny that could create reputational or legal costs. Meta is tracking employee usage for AI training
  • Negative Sentiment: Ongoing legal/ESG pressures (court rulings, shareholder proposals on human rights and AI energy/climate impacts) remain a medium-term headwind for sentiment and could spur additional disclosures or costs. Meta faces new ESG pressures

Meta Platforms Stock Up 2.5%

NASDAQ:META opened at $675.50 on Friday. The company has a market capitalization of $1.71 trillion, a price-to-earnings ratio of 28.74, a price-to-earnings-growth ratio of 1.07 and a beta of 1.31. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The stock has a 50-day simple moving average of $628.34 and a 200 day simple moving average of $650.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts' consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same period last year, the firm earned $8.02 earnings per share. The company's revenue for the quarter was up 23.8% compared to the same quarter last year. Sell-side analysts predict that Meta Platforms, Inc. will post 29.83 EPS for the current fiscal 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. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 8.94%.

Meta Platforms Profile

(Free Report)

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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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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