Meta Platforms, Inc. $META Shares Sold by Oak Harvest Investment Services

Key Points

• Oak Harvest Investment Services cut its stake in Meta by 89.1% in Q4, selling 6,507 shares and leaving it with 797 shares valued at about $526,000.
• Company insiders have sold heavily — 165,600 shares worth roughly $106.0 million over the past three months — including Director Robert M. Kimmitt and COO Javier Oliván, with those trades executed under Rule 10b5‑1 plans.
• Beijing ordered Meta to unwind its roughly $2 billion acquisition of Manus, a significant geopolitical setback for Meta’s agentic‑AI buildout and a major near‑term negative catalyst.

Oak Harvest Investment Services reduced its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 89.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 797 shares of the social networking company's stock after selling 6,507 shares during the quarter. Oak Harvest Investment Services' holdings in Meta Platforms were worth $526,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of META. Goldstone Financial Group LLC raised its holdings in shares of Meta Platforms by 44.4% in the third quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company's stock worth $2,756,000 after acquiring an additional 1,153 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of Meta Platforms by 34.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company's stock worth $38,373,000 after acquiring an additional 13,311 shares during the last quarter. Becker Capital Management Inc. raised its holdings in shares of Meta Platforms by 5.0% in the third quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company's stock worth $25,741,000 after acquiring an additional 1,657 shares during the last quarter. Diversified Trust Co. raised its holdings in shares of Meta Platforms by 4.1% in the fourth quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company's stock worth $55,487,000 after acquiring an additional 3,336 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC grew its position in shares of Meta Platforms by 16.2% in the third quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company's stock valued at $5,091,000 after purchasing an additional 968 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: AI-driven ad thesis and upbeat Q1 outlook — analysts and bullish commentators say Meta’s ad revenue is being re-accelerated by AI improvements, and some expect another beat-and-raise around the April 29 results, supporting upside for shares. Meta Q1: AI Ad Thesis Getting Stronger
• Positive Sentiment: Strategic infrastructure partnerships — Meta signed a pact with Overview Energy for space-based solar to power data centers (longer-term operational/energy advantage) and a multi-year partnership with CBRE to train fiber technicians, both reinforcing infrastructure and cost/scale plans. Meta partners with space startup Overview Energy to secure solar power for data centers Meta Platforms (META) Partners With CBRE to Train Fiber Technicians
• Positive Sentiment: Commercial AI partnerships with cloud providers — broader coverage of AI partnerships (including reports that AWS and others are working with AI players) underscores demand for Meta’s AI-driven products and ad monetization potential. Amazon Is About to Report Q1 Earnings. Do Options Traders Expect a Major Move in AMZN Stock?
• Neutral Sentiment: Big Tech earnings theme — the upcoming Magnificent Seven reports (including Meta) are being framed around AI monetization and cloud demand; this macro narrative can lift or pressure META depending on actual ad/cloud signals. Big Tech faces key earnings test on AI spending and cloud growth
• Neutral Sentiment: Institutional interest — Meta appears on several “top buy” lists and remains heavily held by hedge funds, which supports liquidity but can increase volatility around earnings. 5 Best Big Name Stocks to Buy
• Negative Sentiment: China blocks Manus acquisition — Beijing ordered Meta to unwind its ~$2B purchase of Manus, a setback for Meta’s agentic-AI capability buildout and a reminder of geopolitical risk in cross-border AI deals; this is the biggest immediate negative catalyst. China vetoes Meta's $2B Manus deal after months-long probe
• Negative Sentiment: Options/volatility and margin concerns — some observers warn that heavy bullish options positioning and rising AI-related spending (Reality Labs and infra/CapEx) leave META exposed to a post-earnings volatility collapse or margin-pressure-driven pullback. Meta's Stock May Plunge Following Results Buy, Sell or Hold Meta Platforms Stock? Key Tips Ahead of Q1 Earnings

Insider Transactions at Meta Platforms

In other Meta Platforms news, 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 completion of 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $6,549,946.79. This trade represents a 8.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 165,600 shares of company stock valued at $106,023,973. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

META stock opened at $678.62 on Tuesday. The stock has a 50-day moving average price of $629.12 and a two-hundred day moving average price of $648.75. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.72 trillion, a PE ratio of 28.88, a price-to-earnings-growth ratio of 1.10 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the previous year, the business earned $8.02 earnings per share. The firm's quarterly revenue was up 23.8% compared to the same quarter last year. As a group, research analysts predict that Meta Platforms, Inc. will post 29.83 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's payout ratio is 8.94%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on META shares. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $860.00 price objective (up from $750.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Scotiabank lifted their price objective on Meta Platforms from $685.00 to $700.00 and gave the company a "sector perform" rating in a research report on Thursday, January 29th. BMO Capital Markets lifted their price objective on Meta Platforms from $710.00 to $730.00 and gave the company a "market perform" rating in a research report on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 price objective on Meta Platforms in a research report on Monday, January 26th. Finally, Raymond James Financial lowered their price objective on Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating for the company in a research report on Monday, January 26th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $837.09.

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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