Meta Platforms, Inc. $META Stock Holdings Trimmed by Nexus Investment Management ULC

Key Points

• Nexus Investment Management ULC trimmed its Meta stake by 2.1%, selling 1,430 shares to hold 65,662 shares valued at $43.343 million, about 5.9% of its portfolio and its 7th-largest position.
• Several large institutions (State Street, Capital World Investors, Invesco, Legal & General, BNY Mellon) have recently added to Meta, resulting in roughly 79.91% institutional ownership of the stock.
• Company insiders sold a total of 160,414 shares worth $102.66 million last quarter—including sales by COO Javier Olivan and CTO Andrew Bosworth—leaving insiders with about 13.61% ownership.

Nexus Investment Management ULC trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,662 shares of the social networking company's stock after selling 1,430 shares during the quarter. Meta Platforms accounts for about 5.9% of Nexus Investment Management ULC's portfolio, making the stock its 7th largest position. Nexus Investment Management ULC's holdings in Meta Platforms were worth $43,343,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. State Street Corp grew its stake in 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 buying an additional 1,650,435 shares during the last quarter. Capital World Investors grew its stake in Meta Platforms by 0.7% during the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company's stock worth $28,823,375,000 after buying an additional 278,180 shares during the last quarter. Invesco Ltd. grew its stake in Meta Platforms by 0.8% during the 3rd quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company's stock worth $12,597,374,000 after buying an additional 142,229 shares during the last quarter. Legal & General Group Plc lifted its position in Meta Platforms by 4.1% during the 3rd quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company's stock worth $10,525,258,000 after acquiring an additional 558,792 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Meta Platforms by 3.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 13,619,341 shares of the social networking company's stock worth $10,001,772,000 after acquiring an additional 481,276 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Stifel Nicolaus lowered their price target on Meta Platforms from $820.00 to $805.00 and set a "buy" rating for the company in a research report on Monday. Roth Mkm lowered their price target on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a research report on Monday, January 26th. Bank of America lifted their price target on Meta Platforms from $810.00 to $885.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. BMO Capital Markets lifted their price target on Meta Platforms from $710.00 to $730.00 and gave the stock a "market perform" rating in a research report on Thursday, January 29th. Finally, KeyCorp lowered their price target on Meta Platforms from $855.00 to $760.00 and set an "overweight" rating for the company in a research report on Thursday, April 9th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $837.72.

Insider Activity

In other news, COO Javier Olivan sold 2,461 shares of the business's stock in a transaction dated Sunday, February 15th. The stock was sold at an average price of $639.77, for a total value of $1,574,473.97. Following the completion of the transaction, the chief operating officer owned 12,108 shares of the company's stock, valued at $7,746,335.16. The trade was a 16.89% decrease in their position. 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 dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company's stock, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 160,414 shares of company stock valued at $102,659,925 in the last quarter. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Stock Performance

Shares of META stock opened at $662.36 on Wednesday. The stock has a market cap of $1.68 trillion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31. The business has a 50-day simple moving average of $626.76 and a 200-day simple moving average of $651.90. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to analysts' expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company's revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $8.02 EPS. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's payout ratio is 8.94%.

Key Meta Platforms News

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

• Positive Sentiment: Meta struck a multi‑year strategic deal with Broadcom to support its in‑house MTIA (training & inference) chips and committed to a large-scale (multi‑gigawatt / one‑gigawatt) infrastructure rollout through 2029 — a major capex and AI-infrastructure win that de‑risks Meta’s chip roadmap and supports long‑term AI margin leverage. Meta inks deal with Broadcom for custom AI chips
• Positive Sentiment: Industry data (eMarketer/WSJ coverage) projects Meta will overtake Google as the world’s largest digital‑ad seller this year — a bullish revenue narrative that supports higher ad monetization expectations heading into Q1 results. Meta poised surpass Google in digital ad revenue
• Positive Sentiment: Prominent investors and some sell‑side coverage continue to back Meta as a growth name (Bank of America, Philippe Laffont mentions, Bill Ackman interest), which can attract flows and support multiple expansion versus peers. Wall Street Firms Assert Meta as a Top Growth Stock
• Neutral Sentiment: Meta scheduled its Q1 2026 earnings release for April 29 — a near‑term catalyst where ad growth and AI spend commentary could move the stock materially. Meta to Announce First Quarter 2026 Results
• Neutral Sentiment: Several analysts trimmed price targets (Stifel, Wolfe Research) but maintained constructive ratings — modest recalibration rather than a broad sell‑signal; watch revisions after the April earnings print. Stifel target cut on META
• Neutral Sentiment: Company disclosed upcoming board changes (including director Hock E. Tan), which investors will monitor for governance and potential conflicts related to the Broadcom relationship. Meta Platforms Announces Upcoming Board of Directors Changes
• Negative Sentiment: An Italian court approved a class action over Facebook data scraping in Italy, exposing Meta to potential damages, legal costs and reputational risk in Europe. Italy court allows class action against Meta
• Negative Sentiment: Regulatory pressure persists — the Philippines ordered Meta to tighten measures against “panic‑inducing” fake news, and other jurisdictions’ scrutiny of platform content and scams could weigh on operations and compliance costs. Philippines Orders Meta to Tighten Measures
• Negative Sentiment: Internal AI experiments (e.g., a photorealistic AI likeness of Mark Zuckerberg for employees) have drawn critical press and could pose short‑term PR/reputational headwinds. Meta builds AI replica of Zuckerberg

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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