ProCore Advisors LLC Makes New $967,000 Investment in Meta Platforms, Inc. $META

ProCore Advisors LLC acquired a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,465 shares of the social networking company's stock, valued at approximately $967,000. Meta Platforms makes up 1.0% of ProCore Advisors LLC's holdings, making the stock its 23rd biggest holding.

A number of other institutional investors have also recently added to or reduced their stakes in META. Westchester Capital Management Inc. acquired a new stake in shares of Meta Platforms during the third quarter worth approximately $26,000. Dorato Capital Management acquired a new stake in shares of Meta Platforms during the fourth quarter worth approximately $62,000. PMV Capital Advisers LLC grew its position 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 worth $63,000 after buying an additional 20 shares in the last quarter. Evergreen Private Wealth LLC grew its position in shares of Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock worth $65,000 after buying an additional 35 shares in the last quarter. Finally, eCIO Inc. acquired a new stake in shares of Meta Platforms during the fourth quarter worth approximately $66,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In related news, CTO Andrew Bosworth sold 8,089 shares of the firm's 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 in the company, valued at $1,793,352.84. This trade represents a 74.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Javier Olivan sold 2,778 shares of the firm's stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the transaction, the chief operating officer owned 10,557 shares in the company, valued at $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. Insiders sold 164,499 shares of company stock worth $105,237,895 in the last 90 days. Corporate insiders own 13.61% of the company's stock.

Meta Platforms Stock Up 1.4%

Shares of Meta Platforms stock opened at $671.58 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business's fifty day moving average price is $626.81 and its two-hundred day moving average price is $652.04. The company has a market capitalization of $1.70 trillion, a P/E ratio of 28.58, a PEG 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 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $58.33 billion. During the same period last year, the company earned $8.02 earnings per share. The company's quarterly revenue was up 23.8% compared to the same quarter last year. As a group, research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms's dividend payout ratio is currently 8.94%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on META shares. Wolfe Research decreased their price target on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a research report on Friday, April 10th. Bank of America increased their price target on shares of Meta Platforms from $810.00 to $885.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Argus reaffirmed a "buy" rating and set a $800.00 price target on shares of Meta Platforms in a research report on Monday, February 2nd. Rothschild & Co Redburn set a $900.00 price target on shares of Meta Platforms in a research report on Monday, January 26th. Finally, Mizuho increased their price target on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $837.72.

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

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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