Free Trial

MOR Wealth Management LLC Takes $1.47 Million Position in Meta Platforms, Inc. $META

Meta Platforms logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MOR Wealth Management acquired a new position of 2,225 shares of Meta worth approximately $1,469,000, representing about 0.7% of the firm's holdings and its 26th largest holding.
  • Meta beat Q4 expectations with $8.88 EPS (vs. $8.16 estimated) and $59.89 billion in revenue (up 23.8% year‑over‑year), and carries a MarketBeat consensus rating of "Moderate Buy" with an average price target of $843.57.
  • Insider activity shows heavy selling recently—insiders sold 161,448 shares worth $103.33 million in the last 90 days (CTO and COO among sellers)—while institutional investors own about 79.91% and insiders hold 13.61% of the stock.
  • MarketBeat previews the top five stocks to own by June 1st.

MOR Wealth Management LLC acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,225 shares of the social networking company's stock, valued at approximately $1,469,000. Meta Platforms comprises about 0.7% of MOR Wealth Management LLC's holdings, making the stock its 26th largest holding.

Several other large investors also recently bought and sold shares of META. Westchester Capital Management Inc. purchased a new stake in shares of Meta Platforms during the 3rd quarter valued at about $26,000. Bare Financial Services Inc bought a new stake in shares of Meta Platforms in the second quarter worth approximately $30,000. Knuff & Co LLC purchased a new position in shares of Meta Platforms during the second quarter valued at approximately $44,000. PMV Capital Advisers LLC lifted its position in Meta Platforms by 26.3% during the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company's stock valued at $63,000 after purchasing an additional 20 shares during the period. Finally, Evergreen Private Wealth LLC lifted its position in Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock valued at $65,000 after purchasing an additional 35 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Meta Platforms in a research report on Friday, March 27th. Evercore increased their price target on Meta Platforms from $875.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Guggenheim raised their price target on Meta Platforms from $800.00 to $850.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Scotiabank lifted their price objective on Meta Platforms from $685.00 to $700.00 and gave the stock a "sector perform" rating in a report on Thursday, January 29th. Finally, Robert W. Baird increased their target price on Meta Platforms from $815.00 to $830.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $843.57.

View Our Latest Stock Analysis on META

Meta Platforms Stock Performance

Shares of META stock opened at $574.46 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The company has a market cap of $1.45 trillion, a price-to-earnings ratio of 24.45, a PEG ratio of 0.89 and a beta of 1.31. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm has a fifty day moving average price of $637.79 and a 200-day moving average price of $660.71.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts' consensus estimates of $8.16 by $0.72. The company had revenue of $59.89 billion for 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%.Meta Platforms's revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period last year, the firm earned $8.02 EPS. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's payout ratio is presently 8.94%.

Key Meta Platforms News

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

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of Meta Platforms stock in a transaction that occurred 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 transaction, the chief technology officer owned 2,841 shares of the company's stock, valued at $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Javier Olivan sold 2,461 shares of the company's stock in a transaction that occurred on Sunday, February 15th. The stock was sold at an average price of $639.77, for a total transaction 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 approximately $7,746,335.16. The trade was a 16.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 161,448 shares of company stock worth $103,333,788. 13.61% of the stock is owned by company insiders.

About Meta Platforms

(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.

Further Reading

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Meta Platforms Right Now?

Before you consider Meta Platforms, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.

While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy Before SpaceX Goes Public Cover

SpaceX has quietly filed to go public later this year. Ahead of what's expected to be the largest IPO of all time, there are seven space stocks that you can buy today that are positioned to benefit from accelerating space commercialization in 2026.

These seven companies are shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines