Pallas Capital Advisors LLC Has $17.17 Million Position in Meta Platforms, Inc. $META

Key Points

• Pallas Capital Advisors increased its stake in Meta by 13.6% in Q4 to hold 26,004 shares worth approximately $17.17 million.
• Several large institutions also adjusted positions, leaving institutional ownership at 79.91%; meanwhile insiders have sold 161,448 shares (~$103.3M) in the past 90 days and now own 13.61%.
• Meta is pushing growth with new Ray‑Ban prescription smart glasses and an AI infrastructure buildout with Corning, but faces legal/regulatory setbacks and layoffs; analysts still carry a "Moderate Buy" consensus with a ~$845.54 target.

Pallas Capital Advisors LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,004 shares of the social networking company's stock after acquiring an additional 3,117 shares during the period. Pallas Capital Advisors LLC's holdings in Meta Platforms were worth $17,165,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in META. State Street Corp lifted its stake in Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Capital World Investors boosted its holdings in shares of Meta Platforms by 0.7% in the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company's stock valued at $28,823,375,000 after purchasing an additional 278,180 shares in the last quarter. Norges Bank bought a new position in shares of Meta Platforms in the 2nd quarter valued at $23,155,393,000. Invesco Ltd. raised its holdings in shares of 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Meta Platforms by 1.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company's stock worth $10,694,644,000 after buying an additional 262,550 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Key Meta Platforms News

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

• Positive Sentiment: Meta launched new Ray‑Ban prescription smart glasses and Oakley updates that add hands‑free features (nutrition logging, real‑time translation), reinforcing growth prospects for Reality Labs and consumer AR wearables. Article Title Article Title
• Positive Sentiment: Meta and Corning broke ground on a large optical‑cable expansion in North Carolina to support AI data‑center buildout—strengthening Meta’s supply chain for AI infrastructure. Article Title
• Positive Sentiment: Analysts and market pieces highlight Meta’s AI and engagement feature rollouts (and recent product launches) as drivers for ad growth; buy‑side firms including Morgan Stanley/others continue to call the pullback a tactical buying opportunity. Article Title Article Title
• Neutral Sentiment: Meta is testing Instagram Plus (paid tier) and other monetization experiments; these could boost ARPU if scaled, but are currently limited pilot programs. Article Title
• Neutral Sentiment: Meta is sharing retail and wearables learnings with partners to help physical retail for its AI/VR products—incremental channel development, uncertain near‑term revenue impact. Article Title
• Negative Sentiment: Meta suffered two major legal setbacks: a New Mexico ruling holding it accountable for child safety and an LA jury finding apps were designed to addict teens—both raise potential damages, regulatory pressure and litigation risk. Article Title
• Negative Sentiment: Indonesia summoned Meta over non‑compliance with new rules protecting under‑16 users, and regulators in other markets are flagging potential breaches—heightening compliance costs and moderation burdens. Article Title
• Negative Sentiment: Meta announced another round of layoffs impacting ~168 Washington state employees, signalling continued cost actions but also operational disruption in key VR/Reality teams. Article Title

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 926 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the completion of the transaction, the chief operating officer directly owned 13,335 shares in the company, valued at approximately $8,072,742.30. This represents a 6.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robert M. Kimmitt sold 580 shares of the firm's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $366,571.60. Following the transaction, the director directly owned 4,427 shares of the company's stock, valued at $2,797,952.54. The trade was a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 161,448 shares of company stock valued at $103,333,788 in the last ninety days. 13.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Raymond James Financial reduced their price objective on Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating on the stock in a research note on Monday, January 26th. JPMorgan Chase & Co. boosted their target price on Meta Platforms from $800.00 to $825.00 and gave the stock an "overweight" rating in a research note on Thursday, January 29th. Piper Sandler increased their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the stock an "overweight" rating in a report on Thursday, January 29th. Monness Crespi & Hardt raised their price target on shares of Meta Platforms from $808.00 to $890.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $810.00 price target on shares of Meta Platforms in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $845.54.

Meta Platforms Price Performance

Meta Platforms stock opened at $572.13 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $1.45 trillion, a PE ratio of 24.35, a P/E/G ratio of 0.83 and a beta of 1.30. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a 50-day moving average price of $641.61 and a two-hundred day moving average price of $663.23.

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

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a dividend of $0.525 per share. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms's dividend payout ratio (DPR) is currently 8.94%.

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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