Meta Platforms, Inc. $META Stock Bought by N10 Wealth LLC

Key Points

• N10 Wealth LLC increased its Meta Platforms stake by 25.9% in the third quarter, reaching 19,904 shares valued at approximately $14.4 million. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Meta insiders have sold roughly 149,797 shares worth $102.2 million over the past three months, including sales by COO Javier Olivan and CEO Mark Zuckerberg under pre-arranged Rule 10b5-1 plans.
• Meta shares were trading near $737.54, down 3.3%, while analysts maintained a broadly positive outlook with a “Moderate Buy” consensus and an average price target of $801.53. The company’s latest earnings report included revenue growth of 28% year over year but missed consensus EPS estimates.

N10 Wealth LLC increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 25.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,904 shares of the social networking company's stock after purchasing an additional 4,089 shares during the quarter. Meta Platforms makes up approximately 4.0% of N10 Wealth LLC's portfolio, making the stock its 9th largest position. N10 Wealth LLC's holdings in Meta Platforms were worth $14,434,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Auto Owners Insurance Co increased its holdings in Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. State Street Corp increased its holdings in shares of Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock valued at $51,841,811,000 after acquiring an additional 3,510,123 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Meta Platforms by 14.6% in the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock valued at $12,036,491,000 after acquiring an additional 2,673,494 shares in the last quarter. Invesco Ltd. raised its position in shares of Meta Platforms by 6.1% in the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock valued at $12,013,948,000 after purchasing an additional 1,046,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Meta Platforms by 1.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company's stock worth $7,230,426,000 after buying an additional 162,909 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 946 shares of the business's stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $728.10, for a total transaction of $688,782.60. Following the completion of the transaction, the chief operating officer directly owned 6,932 shares in the company, valued at $5,047,189.20. The trade was a 12.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 149,797 shares of company stock valued at $102,180,385. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Trading Down 3.3%

Shares of Meta Platforms stock opened at $737.54 on Thursday. The stock has a market cap of $1.88 trillion, a P/E ratio of 27.78, a P/E/G ratio of 1.33 and a beta of 1.19. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $779.82. The business's 50 day moving average is $650.50 and its 200-day moving average is $623.78. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32.

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 analyst estimates of $60.22 billion. During the same period last year, the firm earned $7.14 EPS. Meta Platforms's quarterly revenue was up 28.0% compared to the same quarter last year. Equities research analysts predict that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were given 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 dividend payout ratio is presently 7.91%.

Meta Platforms News Roundup

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.

Wall Street Analyst Weigh In

META has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on Meta Platforms from $820.00 to $920.00 and gave the stock an "overweight" rating in a research note on Thursday, September 24th. Sanford C. Bernstein reiterated an "outperform" rating and set a $800.00 target price (down from $850.00) on shares of Meta Platforms in a research report on Thursday, July 30th. Daiwa Securities Group dropped their price objective on Meta Platforms from $790.00 to $687.00 and set a "buy" rating for the company in a research note on Tuesday, August 4th. Wolfe Research reiterated an "outperform" rating and set a $700.00 target price on shares of Meta Platforms in a research report on Thursday, July 30th. Finally, Jefferies Financial Group boosted their target price on Meta Platforms from $710.00 to $875.00 and gave the stock a "buy" rating in a report on Tuesday, September 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms has an average rating of "Moderate Buy" and a consensus price target of $801.53.

About Meta Platforms

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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