AM Investment Strategies LLC boosted its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 5.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,755 shares of the social networking company's stock after buying an additional 1,089 shares during the quarter. Meta Platforms makes up about 3.1% of AM Investment Strategies LLC's holdings, making the stock its 7th biggest position. AM Investment Strategies LLC's holdings in Meta Platforms were worth $15,020,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Vanguard Group Inc. lifted its stake in Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after buying an additional 7,269,279 shares in the last quarter. State Street Corp lifted its stake in shares of Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the period. Danske Bank A S purchased a new position in shares of Meta Platforms during the 3rd quarter worth $1,191,175,000. PFA Pension Forsikringsaktieselskab purchased a new position in shares of Meta Platforms during the 4th quarter worth $813,994,000. Finally, Concentrum Wealth Management lifted its stake in shares of Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after purchasing an additional 1,124,998 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.
Insider Activity at Meta Platforms
In related news, CTO Andrew Bosworth sold 7,847 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares in the company, valued at approximately $251,641.62. This represents a 94.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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, COO Javier Olivan sold 837 shares of the stock in a transaction on Monday, May 18th. The shares were sold at an average price of $609.35, for a total value of $510,025.95. Following the completion of the sale, the chief operating officer owned 14,660 shares of the company's stock, valued at approximately $8,933,071. This represents a 5.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders sold 151,173 shares of company stock worth $95,910,299. Corporate insiders own 13.53% of the company's stock.
Analysts Set New Price Targets
META has been the topic of a number of recent analyst reports. Stifel Nicolaus reduced their price target on Meta Platforms from $805.00 to $780.00 and set a "buy" rating on the stock in a research note on Friday, May 1st. DA Davidson increased their price target on Meta Platforms from $825.00 to $850.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Cantor Fitzgerald dropped their price objective on Meta Platforms from $850.00 to $750.00 and set an "overweight" rating for the company in a report on Thursday, April 30th. Citigroup restated an "outperform" rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Pivotal Research dropped their price objective on Meta Platforms from $930.00 to $910.00 and set a "buy" rating for the company in a report on Thursday, January 29th. Four equities research 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's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $840.19.
Read Our Latest Report on META
Meta Platforms Stock Performance
META stock opened at $610.26 on Monday. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.08 and a beta of 1.25. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $617.68 and a 200-day simple moving average of $636.99. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.
Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the prior year, the firm posted $6.43 EPS. The business's revenue for the quarter was up 33.1% on a year-over-year basis. On average, equities research analysts expect that Meta Platforms, Inc. will post 29.49 EPS for the current year.
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
- Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
- Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
- Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
- Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
- Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.
Meta Platforms Profile
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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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