Managed Asset Portfolios LLC cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 18.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,905 shares of the social networking company's stock after selling 8,879 shares during the quarter. Meta Platforms accounts for about 3.1% of Managed Asset Portfolios LLC's portfolio, making the stock its 12th largest holding. Managed Asset Portfolios LLC's holdings in Meta Platforms were worth $25,681,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its position in Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC grew its position in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after purchasing an additional 875 shares during the period. Headwater Capital Co Ltd grew its position in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after purchasing an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of Meta Platforms during 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 currently owned by institutional investors and hedge funds.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Several analysts remain bullish on Meta Platforms, with recent notes from firms like BofA and Erste Group lifting earnings estimates or price targets after strong Q1 results, reinforcing expectations for meaningful upside. Article Title
- Positive Sentiment: Meta’s AI push is drawing attention as the company reportedly works on AI agents and improved models like Muse Spark, which could support new products and future monetization opportunities. Article Title
- Neutral Sentiment: Commentary pieces continue to frame Meta as an important AI and large-cap tech name, but these are mostly opinion-driven and do not add new fundamental information for the stock. Article Title
- Neutral Sentiment: Meta was also mentioned in a deal roundup about acquiring Assured Robot Intelligence, but the report provided little detail, so the market impact is unclear. Article Title
- Negative Sentiment: Reports highlighting employee dissatisfaction and impending layoffs suggest Meta’s AI transformation is creating internal friction, while also reminding investors that the company’s AI ambitions come with higher costs. Article Title
- Negative Sentiment: Investor concern remains centered on Meta’s enormous 2026 capex plan, estimated at $125 billion to $145 billion, which is fueling fears that profitability could come under pressure before AI investments pay off. Article Title
Insider Buying and Selling at Meta Platforms
In other news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $607.74, for a total value of $562,767.24. Following the sale, the chief operating officer owned 7,779 shares in the company, valued at $4,727,609.46. This trade represents a 10.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the business's stock in a transaction dated 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 directly owned 3,847 shares of the company's stock, valued at $2,565,949. This represents a 13.10% 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 168,193 shares of company stock valued at $107,642,717. 13.61% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
META has been the topic of a number of recent research reports. Piper Sandler restated an "overweight" rating and issued a $800.00 target price (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Barclays lifted their price target on Meta Platforms from $800.00 to $830.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Jefferies Financial Group upped their price objective on Meta Platforms from $910.00 to $1,000.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Evercore raised their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, January 29th. Finally, Citigroup reaffirmed an "outperform" rating on shares of Meta Platforms in a report on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.31.
Check Out Our Latest Stock Analysis on Meta Platforms
Meta Platforms Stock Performance
Shares of META stock opened at $609.63 on Friday. The company has a market capitalization of $1.54 trillion, a P/E ratio of 22.16, a P/E/G ratio of 1.08 and a beta of 1.25. The business's 50 day moving average is $627.67 and its two-hundred day moving average is $645.30. 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 12-month low of $520.26 and a 12-month high of $796.25.
Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts' consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business's revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business earned $6.43 earnings per share. Analysts expect that Meta Platforms, Inc. will post 29.67 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.
About Meta Platforms
(
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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