Perfromance Wealth Partners LLC Decreases Holdings in Meta Platforms, Inc. $META

Key Points

• Meta reported stronger-than-expected Q results—EPS $8.88 and revenue $59.89B (up 23.8% year-over-year)—and several brokers raised price targets (average MarketBeat target $837.72, consensus "Moderate Buy").
• Meta struck a multi-year partnership with Broadcom to support its custom AI chips, materially de‑risking its AI compute buildout while management reorganizes to accelerate AI/hardware execution.
• Regulatory and legal risks in Europe (EU orders over WhatsApp access, an Italian class action) plus notable insider sales (COO Javier Olivan and others; insiders sold ~$105M last quarter) create near-term sentiment and compliance headwinds.

Perfromance Wealth Partners LLC decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 78,771 shares of the social networking company's stock after selling 758 shares during the quarter. Meta Platforms makes up 1.4% of Perfromance Wealth Partners LLC's investment portfolio, making the stock its 15th largest position. Perfromance Wealth Partners LLC's holdings in Meta Platforms were worth $51,996,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Westchester Capital Management Inc. bought a new position in shares of Meta Platforms during the 3rd quarter worth $26,000. Evergreen Private Wealth LLC grew its stake in shares of Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock worth $65,000 after acquiring an additional 35 shares during the period. PMV Capital Advisers LLC grew its stake in shares of Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company's stock worth $63,000 after acquiring an additional 20 shares during the period. Aster Capital Management DIFC Ltd bought a new position in shares of Meta Platforms during the 3rd quarter worth $71,000. Finally, Dorato Capital Management bought a new position in shares of Meta Platforms during the 4th quarter worth $62,000. Institutional investors own 79.91% of the company's stock.

Wall Street Analyst Weigh In

META has been the subject of several research reports. Deutsche Bank Aktiengesellschaft increased their price target on Meta Platforms from $880.00 to $920.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Canaccord Genuity Group increased their price target on Meta Platforms from $900.00 to $930.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Barclays restated an "overweight" rating and issued a $800.00 target price (up from $770.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Wells Fargo & Company cut their target price on Meta Platforms from $856.00 to $765.00 and set an "overweight" rating for the company in a research note on Thursday, April 2nd. Finally, Jefferies Financial Group raised their target price on Meta Platforms from $910.00 to $1,000.00 and gave the stock a "buy" rating in a research note 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 given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $837.72.

Meta Platforms Stock Up 1.4%

Shares of NASDAQ META opened at $671.58 on Thursday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The business has a 50-day simple moving average of $626.81 and a two-hundred day simple moving average of $652.04. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.70 trillion, a P/E ratio of 28.58, a P/E/G ratio of 1.02 and a beta of 1.31.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate 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 last year, the company posted $8.02 EPS. Research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared 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 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms's dividend payout ratio (DPR) is 8.94%.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta struck a multi-year partnership with Broadcom through 2029 that includes an initial commitment to deploy >1 gigawatt of custom silicon capacity to support Meta’s Training & Inference Accelerator chips — it materially de-risks Meta’s AI compute buildout and signals scalable infrastructure plans. Meta inks deal with Broadcom for custom AI chips
• Positive Sentiment: Wall Street bullishness: Morgan Stanley named META its top tech pick into earnings with a $775 target, and other firms emphasize strong long-term AI-driven upside — supports positive sentiment and buying pressure. Meta Stock Is the Top Pick for Tech Earnings, Morgan Stanley Says. Here's Why.
• Positive Sentiment: Fundamentals/earnings momentum: Meta has a recent history of beating estimates and is expected to continue doing so; analysts highlight revenue and margin strength tied to ads and AI monetization. Why Meta Platforms (META) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Operational focus on AI/hardware execution: Meta is reorganizing Reality Labs and creating an Applied AI Engineering division to accelerate product execution — a sign management is prioritizing speed on high‑investment initiatives. Meta Makes Major Changes to Speed Reality Labs' Progress
• Neutral Sentiment: Product experiments: Meta is developing an internal, photorealistic AI replica of CEO Mark Zuckerberg for employee engagement — interesting for culture and demo value but uncertain near-term revenue impact. Meta Platforms Is Building a Mark Zuckerberg AI Bot. Does That Matter for META Stock?
• Neutral Sentiment: Board/governance moves announced recently — likely manageable but worth tracking for any strategic implications. Meta Platforms Announces Upcoming Board of Directors Changes
• Negative Sentiment: EU regulators are preparing orders to force Meta to restore rival AI assistants’ access to WhatsApp after Meta imposed access fees — a direct regulatory threat that could limit Meta’s product control and create compliance costs. EU warns Meta WhatsApp AI fee breaches antitrust rules, orders rollback
• Negative Sentiment: Legal exposure: An Italian court allowed a class action over Facebook data scraping — another regulatory/legal headline that adds to GDPR-era litigation risk in Europe. Italy court allows class action against Meta over Facebook data scraping
• Negative Sentiment: Insider selling: COO Javier Olivan executed Rule 10b5-1 sales totaling several thousand shares on April 13 — disclosed trades reduce his holdings materially; trades were under pre-arranged plans but can create short-term perception pressure. SEC filing: Javier Olivan insider sales
• Negative Sentiment: Some sell-side caution: recent price-target cuts and a pessimistic note from Stifel flag near-term upside risks despite the longer-term bull case. Meta Platforms (META) Price Target Reduced by $95 Amid Market Volatility Stifel Nicolaus Issues Pessimistic Forecast for Meta Platforms NASDAQ: META Stock Price

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $632.02, for a total transaction of $366,571.60. Following the completion of the sale, the director owned 4,427 shares in the company, valued at approximately $2,797,952.54. This trade represents a 11.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 2,778 shares of Meta Platforms stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the sale, the chief operating officer owned 10,557 shares of the company's stock, valued at approximately $6,645,103.65. This trade represents a 20.83% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 164,499 shares of company stock valued at $105,237,895. Corporate insiders own 13.61% of the company's stock.

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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