Meta Platforms, Inc. $META Shares Sold by Atria Investments Inc

Key Points

• Atria Investments trimmed its Meta stake by 4.7% in the fourth quarter, selling 6,372 shares and ending with 128,337 shares valued at about $84.7 million.
• Meta’s latest earnings were better than expected, with Q1 EPS of $10.44 versus the $6.67 consensus and revenue up 33.1% year over year to $56.31 billion.
• Analysts remain broadly positive on the stock, with a consensus rating of “Moderate Buy” and an average price target of $840.19, even as some firms slightly lowered targets.

Atria Investments Inc lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,337 shares of the social networking company's stock after selling 6,372 shares during the period. Meta Platforms makes up approximately 1.0% of Atria Investments Inc's portfolio, making the stock its 13th biggest holding. Atria Investments Inc's holdings in Meta Platforms were worth $84,714,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings 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 buying an additional 875 shares during the period. Headwater Capital Co Ltd boosted its holdings 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 buying an additional 112,000 shares during the period. 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. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Royal Bank Of Canada reissued an "outperform" rating and set a $810.00 target price on shares of Meta Platforms in a research note on Thursday, April 30th. KeyCorp reissued an "overweight" rating and set a $760.00 target price on shares of Meta Platforms in a research note on Thursday, April 30th. Mizuho cut their target price on shares of Meta Platforms from $850.00 to $835.00 and set an "outperform" rating for the company in a research note on Tuesday, May 5th. Erste Group Bank lowered shares of Meta Platforms from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Finally, TD Cowen cut their price target on shares of Meta Platforms from $820.00 to $800.00 and set a "buy" rating on the stock in a report on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $840.19.

Insider Activity at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the business's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $644.70, for a total value of $36,471,323.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Javier Olivan sold 2,778 shares of the business's stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares of the company's stock, valued at approximately $6,645,103.65. This represents a 20.83% decrease in their ownership of the stock. 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. Insiders sold 152,728 shares of company stock valued at $96,925,217 in the last ninety days. Insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $610.26 on Friday. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The firm's fifty day simple moving average is $617.68 and its 200 day simple moving average is $637.00. The firm has a market capitalization of $1.54 trillion, a PE ratio of 22.18, a PEG ratio of 1.07 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the prior year, the firm earned $6.43 EPS. The business's revenue was up 33.1% on a year-over-year basis. On average, sell-side analysts anticipate that Meta Platforms, Inc. will post 29.49 EPS for the current year.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
• Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
• Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
• Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
• Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
• Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.

Meta Platforms 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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