Pursuit Wealth Management LLC Purchases Shares of 1,271 Meta Platforms, Inc. $META

Key Points

• Pursuit Wealth Management LLC purchased a new stake of 1,271 Meta shares in Q4 (≈$839,000), and institutional investors now own about 79.91% of the company.
• Insiders have been net sellers: COO Javier Olivan and CTO Andrew Bosworth executed recent sales (Olivan under a Rule 10b5‑1 plan), and insiders sold 166,117 shares worth roughly $106.4 million in the past 90 days, though insiders still hold 13.61%.
• Operational and financial update: Meta beat Q1 estimates (EPS $8.88 vs. $8.16; revenue $59.89B vs. $58.33B), paid a $0.525 quarterly dividend, signed a multiyear AWS Graviton5 deal to boost AI capacity, and plans about a 10% workforce reduction

Pursuit Wealth Management LLC purchased a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,271 shares of the social networking company's stock, valued at approximately $839,000.

Other large investors have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms in the 3rd quarter valued at approximately $26,000. Dorato Capital Management acquired a new position in Meta Platforms in the 4th quarter valued at approximately $62,000. PMV Capital Advisers LLC raised its holdings in Meta Platforms by 26.3% in the 4th 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 in the last quarter. Evergreen Private Wealth LLC raised its holdings in Meta Platforms by 64.8% in the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock valued at $65,000 after acquiring an additional 35 shares in the last quarter. Finally, eCIO Inc. acquired a new position in Meta Platforms in the 4th quarter valued at approximately $66,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,778 shares of the company's stock in a transaction 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 completion of the sale, the chief operating officer owned 10,557 shares in the company, valued at approximately $6,645,103.65. The trade was a 20.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 166,117 shares of company stock worth $106,367,778. Insiders own 13.61% of the company's stock.

Meta Platforms Stock Up 2.5%

Shares of META opened at $675.50 on Friday. The firm has a market capitalization of $1.71 trillion, a price-to-earnings ratio of 28.74, a PEG ratio of 1.07 and a beta of 1.31. 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 business's fifty day moving average price is $628.34 and its two-hundred day moving average price is $649.62. 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 announced its quarterly earnings data 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. The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business's quarterly revenue was up 23.8% compared to the same quarter last year. During the same period last year, the company earned $8.02 EPS. On average, analysts predict that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders 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 (DPR) is presently 8.94%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. UBS Group increased their target price on Meta Platforms from $872.00 to $908.00 and gave the stock a "buy" rating in a report on Tuesday. Stifel Nicolaus dropped their target price on Meta Platforms from $820.00 to $805.00 and set a "buy" rating for the company in a report on Monday, April 13th. Barclays reissued an "overweight" rating and issued a $800.00 target price (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Mizuho increased their target price on Meta Platforms from $815.00 to $850.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. increased their target price on Meta Platforms from $800.00 to $825.00 and gave the stock an "overweight" rating in a report 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 assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $837.09.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta signed a multiyear, multibillion-dollar agreement to deploy tens of millions of AWS Graviton5 cores to power its agentic AI workloads — investors view this as a scalable, cost-efficient way to boost AI capacity and cut future capex risk. Meta strikes deal with Amazon's cloud unit to use its CPU chips
• Positive Sentiment: Management announced plans to cut ~10% of the workforce (~8,000 roles) and freeze hiring for ~6,000 openings to "run more efficiently" and offset AI investments — a move markets often reward when paired with heavy AI capex. Meta will cut 10% of workforce as it pushes more into AI
• Positive Sentiment: Analyst support and buy-side interest (price-target upgrades and bullish notes on AI-driven ad monetization) are reinforcing the upside narrative around revenue and margins. Guggenheim reaffirms buy and sets $850 target
• Neutral Sentiment: Insider sales by the COO were disclosed (executed under a Rule 10b5‑1 plan) — routine but noted by traders watching insider activity. SEC filing: Javier Olivan insider sales
• Negative Sentiment: Staff reactions describe weeks of limbo and morale damage ("28 days of hell") ahead of the May cuts, raising execution and product-risk concerns if key teams are disrupted. Meta employees react to pending job cuts
• Negative Sentiment: Reports that Meta is tracking employee keystrokes and web usage to train AI models raise privacy/ethical questions and potential regulatory scrutiny that could create reputational or legal costs. Meta is tracking employee usage for AI training
• Negative Sentiment: Ongoing legal/ESG pressures (court rulings, shareholder proposals on human rights and AI energy/climate impacts) remain a medium-term headwind for sentiment and could spur additional disclosures or costs. Meta faces new ESG pressures

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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