Petredis Investment Advisors LLC Sells 1,192 Shares of Meta Platforms, Inc. $META

Key Points

• Petredis Investment Advisors trimmed its stake in Meta by 2.5% in Q4, selling 1,192 shares and now holds 45,613 shares worth about $30.1 million, which represents 2.4% of its portfolio and is its 12th largest holding.
• Significant insider selling: COO Javier Olivan and CFO Susan J. Li disclosed large sales (2,461 and 56,571 shares respectively), and insiders sold 161,448 shares totaling ~$103.3 million in the last quarter while still owning 13.61% of the company.
• Fundamentals and analyst view: Meta beat Q4 estimates (EPS $8.88; revenue $59.89B, +23.8% YoY), has a market cap of ~$1.45T, and a consensus analyst rating of "Moderate Buy" with a $843.57 average price target.

Petredis Investment Advisors LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,613 shares of the social networking company's stock after selling 1,192 shares during the period. Meta Platforms accounts for 2.4% of Petredis Investment Advisors LLC's portfolio, making the stock its 12th largest holding. Petredis Investment Advisors LLC's holdings in Meta Platforms were worth $30,109,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Trust Co of the South increased its position in Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company's stock worth $1,359,000 after buying an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC lifted its position in shares of Meta Platforms by 1.6% in the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company's stock valued at $672,000 after buying an additional 14 shares during the last quarter. Alpine Bank Wealth Management lifted its position in shares of Meta Platforms by 0.3% in the third quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company's stock valued at $3,159,000 after buying an additional 14 shares during the last quarter. Valued Wealth Advisors LLC boosted its stake in shares of Meta Platforms by 3.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company's stock worth $334,000 after acquiring an additional 14 shares during the period. Finally, Vista Capital Partners Inc. boosted its stake in shares of Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after acquiring an additional 14 shares during the period. 79.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

META has been the topic of a number of research analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Meta Platforms in a research note on Friday, March 27th. Pivotal Research decreased their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a "buy" rating on the stock in a report on Thursday, January 29th. Wolfe Research reissued an "outperform" rating and issued a $850.00 price objective (up from $800.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Truist Financial raised their target price on shares of Meta Platforms from $875.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Finally, Morgan Stanley reduced their target price on shares of Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $843.57.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 2,461 shares of the firm's stock in a transaction that occurred on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total transaction of $1,574,473.97. Following the transaction, the chief operating officer directly owned 12,108 shares of the company's stock, valued at approximately $7,746,335.16. This trade represents a 16.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The SEC filing for this sale provides additional information. Insiders have sold a total of 161,448 shares of company stock worth $103,333,788 in the last quarter. Corporate insiders own 13.61% of the company's stock.

Meta Platforms Stock Down 0.8%

META opened at $574.46 on Friday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market capitalization of $1.45 trillion, a P/E ratio of 24.45, a P/E/G ratio of 0.90 and a beta of 1.31. The stock has a fifty day moving average of $639.47 and a 200-day moving average of $662.03.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. During the same period in the prior year, the company posted $8.02 earnings per share. Meta Platforms's revenue was up 23.8% compared to the same quarter last year. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current 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 issued 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 0.4%. Meta Platforms's payout ratio is currently 8.94%.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Morgan Stanley kept Meta as a top pick despite trimming its price target to $775, signaling continued conviction in the company's long‑term AI and ad recovery story. Morgan Stanley trims PT
• Positive Sentiment: Meta is building an elite AI lab for its recommendations division and deploying AI to accelerate risk reviews — moves that should improve product relevancy, ad monetization, and safety over time. Business Insider: AI lab
• Positive Sentiment: Product updates (new Ray‑Ban prescription smart glasses) expand hardware monetization optionality and signal progress in Reality Labs consumer offerings. MSN: Ray‑Ban glasses
• Neutral Sentiment: China’s commerce ministry said it supports law‑abiding transnational tech deals amid reports of a review of a Meta transaction — a stabilizing comment for deal risk but not a definitive clearance. Reuters: China supports deals
• Negative Sentiment: Wells Fargo cut Meta’s price target sharply to $765 (from $856) though it kept an Overweight rating — the sizable PT cut reinforces near‑term sentiment weakness despite a positive medium‑term view; Wells Fargo highlighted upcoming earnings as a potential catalyst. Invezz: Wells Fargo PT cut
• Negative Sentiment: Erste Group downgraded META from Buy to Hold, adding to analyst caution and likely contributing to selling pressure. Finviz: Erste downgrade
• Negative Sentiment: Recent legal losses (New Mexico civil penalties and a “bellwether” California jury verdict) are the largest near‑term overhang — they raise the risk of follow‑on suits, potential billings for damages/legal fees, and political/regulatory scrutiny that could materially affect sentiment and valuation. MarketBeat: legal losses analysis

Meta Platforms Company 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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