Meta Platforms, Inc. $META Stock Acquired by N10 Assets LLC

Key Points

• N10 Assets LLC increased its Meta Platforms position by 16.1% in the third quarter, bringing its holdings to 17,704 shares valued at approximately $12.8 million. Institutional investors and hedge funds collectively own 79.91% of Meta’s stock.
• Analysts remain broadly positive, with Meta receiving a “Moderate Buy” consensus rating and an average price target of $801.53, although some firms have lowered targets amid concerns about rising expenses and heavy AI investment.
• Meta’s latest quarter showed 28% year-over-year revenue growth to $60.8 billion, but earnings per share of $6.18 missed the $7.19 consensus estimate. The company also declared a quarterly dividend of $0.525 per share.

N10 Assets LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 16.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,704 shares of the social networking company's stock after acquiring an additional 2,453 shares during the quarter. Meta Platforms comprises 4.7% of N10 Assets LLC's portfolio, making the stock its 8th biggest position. N10 Assets LLC's holdings in Meta Platforms were worth $12,839,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Israel Discount Bank of New York acquired a new position in shares of Meta Platforms during the third quarter worth about $252,000. Generate Investment Management Ltd boosted its holdings in Meta Platforms by 8.5% in the third quarter. Generate Investment Management Ltd now owns 183,126 shares of the social networking company's stock valued at $132,799,000 after purchasing an additional 14,302 shares during the last quarter. WestHill Financial Advisors Inc. raised its position in shares of Meta Platforms by 22.9% in the 3rd quarter. WestHill Financial Advisors Inc. now owns 869 shares of the social networking company's stock valued at $630,000 after purchasing an additional 162 shares in the last quarter. Wealth Forward LLC boosted its stake in Meta Platforms by 7.8% during the 3rd quarter. Wealth Forward LLC now owns 554 shares of the social networking company's stock valued at $402,000 after acquiring an additional 40 shares during the last quarter. Finally, First Citizens Bank & Trust Co. raised its stake in shares of Meta Platforms by 26.1% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 94,115 shares of the social networking company's stock valued at $68,250,000 after purchasing an additional 19,491 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta’s new Muse Wonder and Muse Wonder Full AI models are strengthening its competitive position. Muse Wonder ranked second in a 57-model accounting benchmark, ahead of OpenAI and Google models, supporting the view that Meta is narrowing the gap with leading AI developers. Muse Wonder benchmark article
• Positive Sentiment: Bank of America reiterated its Buy rating and $810 price target, while Guggenheim raised its target to $850 and Truist maintained a bullish $1,000 target. Analysts cited Meta’s large user base, AI distribution and potential future revenue from personal AI agents. Bank of America AI outlook
• Positive Sentiment: Meta expanded WhatsApp with free guest voice and video calling for non-account holders, potentially improving adoption and business utility by removing registration and download barriers. WhatsApp guest calling article
• Neutral Sentiment: Wall Street remains broadly constructive but divided. KeyCorp and Rosenblatt reaffirmed bullish ratings with targets of $900 and $886, respectively, while Goldman Sachs cut its target from $860 to $762 but retained a Buy rating. The differing views reflect uncertainty over AI monetization and investment requirements.
• Negative Sentiment: Goldman Sachs cited rising operating expenses, while other commentary warned that accelerated Meta Superintelligence Labs investment could pressure free cash flow and lead to valuation compression around the upcoming third-quarter earnings report.
• Negative Sentiment: COO Javier Olivan disclosed sales totaling 1,575 shares at an average $728.10. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their signaling value, but the sales still represent a notable reduction in his direct holdings.

Meta Platforms Stock Down 3.3%

Shares of Meta Platforms stock opened at $737.54 on Thursday. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $779.82. The stock has a market capitalization of $1.88 trillion, a P/E ratio of 27.78, a PEG ratio of 1.33 and a beta of 1.19. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a 50 day moving average price of $650.50 and a two-hundred day moving average price of $623.78.

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

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were given a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms's dividend payout ratio is 7.91%.

Analysts Set New Price Targets

META has been the topic of a number of recent research reports. Citic Securities cut their target price on Meta Platforms from $770.00 to $718.00 and set a "buy" rating on the stock in a research note on Monday, August 3rd. KeyCorp restated an "overweight" rating and set a $900.00 target price on shares of Meta Platforms in a report on Tuesday. DA Davidson decreased their price target on Meta Platforms from $850.00 to $700.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. President Capital upgraded shares of Meta Platforms from a "neutral" rating to a "buy" rating and upped their price target for the company from $660.00 to $897.00 in a research report on Thursday, September 24th. Finally, Pivotal Research boosted their target price on shares of Meta Platforms from $790.00 to $930.00 and gave the company a "buy" rating in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $801.53.

Insider Buying and Selling at Meta Platforms

In related news, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $777.44, for a total transaction of $21,359,386.56. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the transaction, the chief technology officer directly owned 828 shares of the company's stock, valued at $462,024. This represents a 90.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 149,797 shares of company stock worth $102,180,385 over the last three months. 13.53% of the stock is currently owned by insiders.

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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