Meta Platforms, Inc. $META Shares Sold by Zevenbergen Capital Investments LLC

Key Points

• Zevenbergen Capital Investments reduced its Meta stake by 4.7% in the third quarter, selling 10,360 shares and retaining 210,063 shares valued at approximately $152.3 million. Meta remains the firm’s 10th-largest holding and represents about 3.5% of its portfolio.
• Other institutional investors generally increased their Meta positions, and institutional investors and hedge funds collectively own 79.91% of the company. However, insiders sold 148,222 shares worth roughly $101 million over the past 90 days.
• Meta shares opened at $720.89, while analysts maintain a “Moderate Buy” consensus with an average price target of $791.86. The company’s latest quarterly revenue rose 28% year over year to $60.8 billion, although earnings per share missed consensus estimates.

Zevenbergen Capital Investments LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,063 shares of the social networking company's stock after selling 10,360 shares during the period. Meta Platforms accounts for about 3.5% of Zevenbergen Capital Investments LLC's investment portfolio, making the stock its 10th largest position. Zevenbergen Capital Investments LLC's holdings in Meta Platforms were worth $152,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Artemis Investment Management LLP grew its holdings in Meta Platforms by 329.6% in the third quarter. Artemis Investment Management LLP now owns 192,252 shares of the social networking company's stock valued at $139,417,000 after purchasing an additional 147,497 shares during the period. Dickmeyer Boyce Financial Management Inc. increased its position in Meta Platforms by 7.3% during the third quarter. Dickmeyer Boyce Financial Management Inc. now owns 897 shares of the social networking company's stock worth $651,000 after purchasing an additional 61 shares during the last quarter. Aletheian Wealth Advisors LLC raised its stake in Meta Platforms by 12.6% during the third quarter. Aletheian Wealth Advisors LLC now owns 2,405 shares of the social networking company's stock worth $1,744,000 after purchasing an additional 270 shares during the period. YHB Investment Advisors Inc. raised its stake in Meta Platforms by 1.2% during the third quarter. YHB Investment Advisors Inc. now owns 14,745 shares of the social networking company's stock worth $10,693,000 after purchasing an additional 178 shares during the period. Finally, Titleist Asset Management LLC boosted its holdings in shares of Meta Platforms by 5.2% in the 3rd quarter. Titleist Asset Management LLC now owns 11,609 shares of the social networking company's stock valued at $8,419,000 after purchasing an additional 573 shares during the last quarter. 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: Meta’s growing role in the micro-drama market could create a new advertising revenue stream. Short-form serialized shows are expanding beyond China, and the platform is becoming an important distribution channel for this content. Why Meta is winning the micro drama wars
• Positive Sentiment: Wells Fargo reportedly set a $1,000 price target, citing AI as a potential catalyst, while TD Cowen reaffirmed its “buy” rating with an $865 target. These targets imply analysts see substantial upside if Meta converts AI investment into higher engagement, advertising and commerce revenue. Meta Could Hit $1,000, Says Wells Fargo
• Positive Sentiment: Meta’s Muse assistant continues to expand, including a new iPad app, and the company is working with Sierra, Shopify, Stripe and Walmart on standards for AI agents to interact with businesses. Successful agentic commerce could eventually provide Meta with transaction-based revenue. Meta's Muse launches on iPad
• Neutral Sentiment: President Donald Trump disclosed purchases of as much as $25 million in Meta stock, a headline that may support investor sentiment but does not change the company’s fundamentals. Trump bought up to $25 million in Meta
• Negative Sentiment: Jefferies found that roughly one-third of tested websites blocked Meta’s Muse agent. Access limitations could delay Meta’s plans to earn transaction fees from AI-powered shopping and other agentic-commerce services. Meta's Muse AI agent blocked by websites
• Negative Sentiment: Florida is pursuing restrictions on Meta’s platforms, including a possible ban for users under 14 and limits on infinite scrolling for teenagers. Such rules could reduce engagement, advertising inventory and the effectiveness of Meta’s core products while increasing legal costs. Meta Stock Falls as Florida challenges infinite scroll
• Negative Sentiment: Investors remain concerned that Meta’s substantial AI data-center spending is consuming cash before returns are clear. Commentary also highlights criticism of CEO Mark Zuckerberg’s AI strategy and the risk that AI infrastructure becomes a prolonged cash-flow drag. Why AI Infrastructure Is Turning Meta and Amazon Into Cash-Flow Sinks

Insider Activity at Meta Platforms

In other news, CFO Susan Li sold 9,196 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. This trade represents a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the firm's stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares in the company, valued at approximately $3,875,854.26. The trade was a 34.07% 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 have sold a total of 148,222 shares of company stock valued at $101,033,627 over the last 90 days. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

Shares of META stock opened at $720.89 on Friday. The company's fifty day simple moving average is $637.74 and its 200-day simple moving average is $619.40. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The company has a market cap of $1.84 trillion, a PE ratio of 27.15, a P/E/G ratio of 1.26 and a beta of 1.19.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The business had revenue of $60.80 billion for the quarter, compared to analysts' expectations of $60.22 billion. During the same period last year, the company posted $7.14 earnings per share. The firm's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 27.94 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were paid a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms's payout ratio is currently 7.91%.

Analysts Set New Price Targets

META has been the subject of several research reports. Canaccord Genuity Group boosted their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the company a "buy" rating in a research note on Friday, September 25th. Evercore increased their target price on Meta Platforms from $820.00 to $860.00 in a research report on Tuesday, August 25th. Guggenheim reiterated a "buy" rating and issued a $800.00 target price on shares of Meta Platforms in a report on Tuesday, July 28th. HSBC lowered their price target on Meta Platforms from $905.00 to $830.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Finally, UBS Group restated an "overweight" rating on shares of Meta Platforms in a research note on Wednesday, September 23rd. Three analysts have rated the stock with a Strong Buy rating, forty-four have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and an average price target of $791.86.

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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