Meta Platforms, Inc. $META Stake Lowered by Wrapmanager Inc.

Key Points

• Wrapmanager Inc. cut its Meta stake by 14.2% in the fourth quarter, selling 929 shares and leaving it with 5,635 shares worth about $3.72 million. Meta still represented 1.3% of the firm’s portfolio.
• Meta is pushing new revenue streams through paid subscriptions across its flagship apps and Meta AI, with analysts saying the move could add billions in annual revenue if adoption is strong. The company is also exploring a possible cloud business using excess AI/data-center capacity.
• Insider selling and regulatory concerns are adding caution, including recent stock sales by CFO Susan J. Li and CTO Andrew Bosworth, plus Reuters reporting that Meta’s employee tracking tool for AI training could face EU privacy challenges.

Wrapmanager Inc. reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 14.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,635 shares of the social networking company's stock after selling 929 shares during the period. Meta Platforms accounts for 1.3% of Wrapmanager Inc.'s investment portfolio, making the stock its 22nd biggest holding. Wrapmanager Inc.'s holdings in Meta Platforms were worth $3,720,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms in the 3rd quarter valued at $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at $29,000. Key Capital Management INC acquired a new position in shares of Meta Platforms in the 4th quarter valued at $48,000. Entrust Financial LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at $48,000. Finally, Fairway Wealth LLC raised its stake in shares of Meta Platforms by 36.8% in the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company's stock valued at $51,000 after buying an additional 21 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

More Meta Platforms News

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

• Positive Sentiment: Meta launched paid subscription plans across its flagship apps and Meta AI, opening a new monetization path that could reduce reliance on ad revenue. Mark Zuckerberg says a Meta cloud computing business 'definitely on the table'
• Positive Sentiment: Analysts and market commentators are pointing to the subscription push as a meaningful upside driver, with some estimating it could add billions in annual revenue if adoption is strong. Meta's Subscription Push Could Add $13.5 Billion By 2028 Across Instagram, Facebook, WhatsApp
• Neutral Sentiment: Meta also said it may eventually use excess AI/data-center capacity for a cloud business, which adds long-term optionality but is still early-stage. Mark Zuckerberg says a Meta cloud computing business 'definitely on the table'
• Neutral Sentiment: The company declared a quarterly dividend, which is modest but reinforces capital-return strength. Meta Announces Quarterly Cash Dividend
• Negative Sentiment: Reuters reported Meta’s employee mouse-click tracking tool for AI training may run into EU privacy concerns, creating regulatory risk around data collection and cross-border use. Exclusive: Meta tool to track employee mouse clicks on collision course with EU privacy rules
• Negative Sentiment: Recent commentary from Jim Cramer and disclosures of insider selling add some caution around execution and valuation. Jim Cramer Says Meta “Has Not Excelled in a Visible Way”

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 9,195 shares of the company's stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the transaction, the chief financial officer owned 13,186 shares of the company's stock, valued at $8,014,978.24. This represents a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Andrew Bosworth sold 7,847 shares of the company's stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the transaction, the chief technology officer directly owned 414 shares of the company's stock, valued at $251,641.62. This represents a 94.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 40,890 shares of company stock worth $25,315,558 in the last ninety days. Insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

META stock opened at $632.51 on Monday. The company has a fifty day moving average price of $617.84 and a two-hundred day moving average price of $636.92. The stock has a market cap of $1.60 trillion, a price-to-earnings ratio of 22.99, a price-to-earnings-growth ratio of 1.12 and a beta of 1.23. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) 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 company had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. During the same quarter in the previous year, the business posted $6.43 earnings per share. Meta Platforms's quarterly revenue was up 33.1% on a year-over-year basis. Equities analysts anticipate that Meta Platforms, Inc. will post 29.35 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is presently 7.63%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on META shares. Stifel Nicolaus dropped their price objective on shares of Meta Platforms from $805.00 to $780.00 and set a "buy" rating for the company in a research note on Friday, May 1st. Argus reiterated a "buy" rating and set a $800.00 target price on shares of Meta Platforms in a research report on Monday, February 2nd. Cantor Fitzgerald dropped their target price on shares of Meta Platforms from $850.00 to $750.00 and set an "overweight" rating for the company in a research report on Thursday, April 30th. Guggenheim lowered their price objective on shares of Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Thursday, April 30th. Finally, Morgan Stanley lowered their price objective on shares of Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a research report on Monday, March 30th. Four 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 company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $840.19.

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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