OLD National Bancorp IN Sells 2,334 Shares of Meta Platforms, Inc. $META

Key Points

• OLD National Bancorp IN trimmed its stake in Meta by 3.0%, selling 2,334 shares and retaining 74,728 shares valued at about $49.33 million (Meta is ~0.8% of the firm's portfolio and its 15th-largest holding).
• Meta posted a strong Q1 beat with EPS $10.44 vs. $6.67 expected and revenue of $56.31 billion (+33.1% YoY); the company has a $1.54 trillion market cap and a MarketBeat consensus of "Moderate Buy" with an average price target of $840.67.
• Investor concerns persist despite the beat—Meta raised 2026 capital expenditures for AI data‑center buildout, continues to report heavy Reality Labs losses, and has seen notable insider share sales, which have weighed on the stock.

OLD National Bancorp IN cut its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,728 shares of the social networking company's stock after selling 2,334 shares during the period. Meta Platforms comprises about 0.8% of OLD National Bancorp IN's investment portfolio, making the stock its 15th largest position. OLD National Bancorp IN's holdings in Meta Platforms were worth $49,327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of META. Westchester Capital Management Inc. acquired a new stake in Meta Platforms in the 3rd quarter valued at $26,000. Key Capital Management INC bought a new position in shares of Meta Platforms during the fourth quarter valued at $48,000. Fairway Wealth LLC lifted its holdings in shares of Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company's stock valued at $51,000 after acquiring an additional 21 shares during the period. Dorato Capital Management bought a new position in shares of Meta Platforms during the fourth quarter valued at $62,000. Finally, PMV Capital Advisers LLC lifted its holdings in shares of 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 acquiring an additional 20 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

Meta Platforms stock opened at $608.74 on Monday. 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 $1.54 trillion, a P/E ratio of 22.13, a P/E/G ratio of 0.98 and a beta of 1.25. The business's fifty day moving average is $629.62 and its two-hundred day moving average is $647.50. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business's revenue was up 33.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.43 earnings per share. Equities research analysts forecast that Meta Platforms, Inc. will post 30.82 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's payout ratio is currently 7.63%.

Insiders Place Their Bets

In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of the business's stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the transaction, the chief technology officer owned 2,841 shares of the company's stock, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 2,778 shares of the business's stock in a transaction on Monday, April 13th. The stock was sold at an average price of $629.45, for a total value of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $6,645,103.65. This represents a 20.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 166,638 shares of company stock valued at $106,697,681. 13.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on META shares. Piper Sandler reissued an "overweight" rating and set a $800.00 price objective (down from $880.00) on shares of Meta Platforms in a report on Thursday. Evercore lifted their price objective on Meta Platforms from $875.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Wolfe Research cut their price objective on Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a report on Friday, April 10th. Morgan Stanley cut their price objective on Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a report on Monday, March 30th. Finally, Wells Fargo & Company lifted their price objective on Meta Platforms from $765.00 to $770.00 and gave the company an "overweight" rating in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $840.67.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Q1 beat & AI ad momentum — Meta reported robust Q1 revenue and EPS, and management highlighted AI-driven ad tools and full‑stack model+chip co‑design that are expanding ad automation and advertiser reach. Meta Does Things Their Own Way
• Positive Sentiment: Robotics/AI talent add — Meta acquired humanoid‑robot startup Assured Robot Intelligence to accelerate robotics model optimization, signaling product diversification in AI/robotics. WSJ: Meta Acquires Assured Robot Intelligence
• Positive Sentiment: Energy and creator initiatives — Meta is signing energy partnerships (space solar/long‑duration storage) to secure power for compute-heavy AI centers and piloting stablecoin creator payouts — moves that support long‑term AI scale and monetization. AI drives growth (context)
• Neutral Sentiment: Analyst reactions mixed — Some firms (e.g., Stifel) trimmed price targets but retained “buy”; others raised targets on longer‑term AI upside. These tweaks sustain divergent Wall Street views on valuation vs. heavy CapEx. Benzinga: Analyst Moves
• Neutral Sentiment: Insider sales disclosed — COO Javier Oliván sold shares under a Rule 10b5‑1 plan; routine but notable given market noise. SEC Filing
• Negative Sentiment: Large CapEx raise spooks investors — Meta lifted 2026 capital expenditure guidance materially (now targeting major AI data‑center buildout), prompting concerns about near‑term free‑cash‑flow and returns; that is the primary reason the stock has been sold. Reuters: CapEx & market reaction
• Negative Sentiment: Regulatory/legal pressure — Threats to pull apps from New Mexico over child‑safety rules and US senators’ scrutiny over ad removals amplify litigation/compliance risk and potential costs. Reuters: Lawmaker Scrutiny
• Negative Sentiment: Reality Labs losses & deal setbacks — Continued multi‑billion losses in Reality Labs and a blocked Manus acquisition in China highlight near‑term cash drag and execution risks on speculative bets. CNBC: Reality Labs Loss

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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