Meta Platforms, Inc. $META Shares Sold by Milestone Asset Management LLC

Key Points

• Milestone Asset Management trimmed its stake in Meta by 73.5% in Q4, selling 6,061 shares and leaving 2,186 shares valued at about $1.443 million.
• Strong Q1 results—Meta reported $10.44 EPS vs. $6.67 expected and $56.31 billion in revenue (up 33.1% YoY)—but the stock has been pressured after management raised 2026 CapEx for AI data‑center buildout and faced Reality Labs losses and regulatory/legal risks.
• Insider selling has been notable: insiders sold 166,638 shares worth $106.7 million over the last 90 days, including Director Robert M. Kimmitt and COO Javier Oliván selling under pre‑arranged Rule 10b5‑1 plans.

Milestone Asset Management LLC trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 73.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,186 shares of the social networking company's stock after selling 6,061 shares during the period. Milestone Asset Management LLC's holdings in Meta Platforms were worth $1,443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westchester Capital Management Inc. acquired a new stake in shares of Meta Platforms during the 3rd quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in shares of Meta Platforms during the 4th quarter worth approximately $48,000. Evergreen Private Wealth LLC raised its position in shares of 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 purchasing an additional 35 shares during the last quarter. PMV Capital Advisers LLC raised its position in shares of 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 purchasing an additional 20 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Meta Platforms during the 3rd quarter worth approximately $71,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

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

Meta Platforms News Summary

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

Wall Street Analyst Weigh In

META has been the subject of several research reports. Rosenblatt Securities restated a "buy" rating and set a $1,015.00 price objective on shares of Meta Platforms in a research report on Thursday. Royal Bank Of Canada restated an "outperform" rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Thursday. 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 research report on Thursday. Roth Mkm restated a "buy" rating on shares of Meta Platforms in a research report on Thursday. Finally, Rothschild & Co Redburn set a $900.00 price objective on Meta Platforms in a research report on Monday, January 26th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has an average rating of "Moderate Buy" and an average price target of $840.67.

Meta Platforms Stock Down 0.0%

META stock opened at $608.74 on Monday. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 22.13, a PEG ratio of 0.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a 50 day moving average price of $629.62 and a two-hundred day moving average price of $647.50.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms's revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company earned $6.43 EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 30.82 EPS for the current year.

Meta Platforms Dividend Announcement

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

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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