Meta Platforms, Inc. $META Stake Raised by Buck Wealth Strategies LLC

Key Points

• Buck Wealth Strategies LLC increased its Meta Platforms stake by 66.1% in the fourth quarter, buying 1,392 additional shares to bring its total to 3,498 shares valued at about $2.31 million.
• Meta continues to draw mixed institutional activity, with some hedge funds and asset managers adding shares while others trimmed positions; overall, institutional investors hold 79.91% of the stock.
• The company’s latest fundamentals and analyst sentiment remain broadly positive: Meta beat quarterly EPS and revenue estimates, while analysts maintain a Moderate Buy rating with an average target price of about $840.31.

Buck Wealth Strategies LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 66.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,498 shares of the social networking company's stock after buying an additional 1,392 shares during the period. Buck Wealth Strategies LLC's holdings in Meta Platforms were worth $2,309,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC raised its holdings in Meta Platforms by 3.2% during the third quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company's stock worth $334,000 after purchasing an additional 14 shares in the last quarter. First National Bank Sioux Falls raised its holdings in Meta Platforms by 0.7% during the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company's stock worth $1,321,000 after purchasing an additional 14 shares in the last quarter. Levin Capital Strategies L.P. raised its holdings in Meta Platforms by 1.4% during the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company's stock worth $649,000 after purchasing an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its holdings in Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after purchasing an additional 14 shares in the last quarter. Finally, Macroview Investment Management LLC raised its holdings in Meta Platforms by 3.3% during the third quarter. Macroview Investment Management LLC now owns 465 shares of the social networking company's stock worth $341,000 after purchasing an additional 15 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta’s AI and advertising strategy still appears to be generating real business results, with one analysis pointing to strong ad impressions, higher ad prices, and continued revenue growth that could help justify its heavy capital spending. Meta's Selloff Looks Like A Major Misread
• Positive Sentiment: Meta also announced new parental supervision tools across Facebook, Instagram, Messenger, and Horizon, which could support trust and platform engagement over time. Meta's new tools allow parents to better supervise their kids' social media accounts. Will they work?
• Positive Sentiment: Zefr said it is deepening its partnership with Meta by adding AI-powered pre-bid controls to Threads, a sign that advertisers continue building on Meta’s newer products. Zefr Deepens Meta Partnership, Bringing AI-Powered Pre-Bid Controls to Threads Feed
• Neutral Sentiment: Several hedge-fund filings showed mixed investor sentiment, with some managers adding to Meta while others trimmed stakes, offering no clear single-direction signal for the shares. Tiger Global boosts Meta Platforms stake by 336,249 shares
• Negative Sentiment: Meta is starting layoffs affecting about 8,000 employees, roughly 10% of its workforce, and expects the cuts to roll out in waves this week and possibly continue later in the year. Meta layoffs starting this week stress harsh AI reality inside Zuckerberg's company
• Negative Sentiment: Reports that Meta is reorganizing 7,000 employees toward AI and telling workers to stay remote during the layoff process reinforce fears that rising AI investment is creating pressure on headcount and margins. Meta Reassigns 7,000 Employees to Focus on A.I.
• Negative Sentiment: Commentary around Meta’s “brutal” AI spending and large-scale job cuts is fueling concern that capital expenditures are getting too large before investors see enough return. Meta's 8,000 Job Cuts To Foot The $145B AI Bill

Meta Platforms Trading Down 0.5%

Meta Platforms stock opened at $611.21 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market cap of $1.55 trillion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The firm's 50 day moving average price is $621.20 and its two-hundred day moving average price is $638.95.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the business posted $6.43 earnings per share. The firm's quarterly revenue was up 33.1% compared to the same quarter last year. On average, research analysts predict that Meta Platforms, Inc. will post 29.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the business's stock in a transaction on Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CTO Andrew Bosworth sold 8,089 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the sale, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 158,971 shares of company stock worth $101,676,729. Corporate insiders own 13.53% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Raymond James Financial dropped their target price on Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating on the stock in a report on Monday, January 26th. Wedbush boosted their target price on Meta Platforms from $880.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Evercore boosted their target price on Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Robert W. Baird boosted their target price on Meta Platforms from $815.00 to $830.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Meta Platforms from $880.00 to $920.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $840.31.

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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