Requisite Capital Management LLC Boosts Stock Position in Meta Platforms, Inc. $META

Key Points

• Requisite Capital Management increased its Meta Platforms stake by 174.1% in the fourth quarter, buying an additional 1,375 shares and bringing its total to 2,165 shares worth about $1.43 million.
• Several other institutional investors also added to or initiated positions in META, and hedge funds and other institutions now own 79.91% of the stock.
• Meta’s recent earnings beat expectations, with EPS of $10.44 versus $6.67 expected and revenue up 33.1% year over year, while Wall Street currently has a Moderate Buy consensus and a target price of about $840.19.

Requisite Capital Management LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 174.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,165 shares of the social networking company's stock after purchasing an additional 1,375 shares during the period. Meta Platforms accounts for approximately 0.3% of Requisite Capital Management LLC's portfolio, making the stock its 28th largest position. Requisite Capital Management LLC's holdings in Meta Platforms were worth $1,429,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of META. Brighton Jones LLC boosted its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after purchasing an additional 875 shares during the period. Headwater Capital Co Ltd boosted its holdings in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after purchasing an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Meta Platforms during the second quarter worth about $213,000. Finally, Capital & Planning LLC purchased a new stake in shares of Meta Platforms during the second quarter worth about $322,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the firm's 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 directly owned 10,557 shares of the company's stock, 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. Over the last quarter, insiders sold 95,471 shares of company stock valued at $60,616,955. Corporate insiders own 13.53% of the company's stock.

More Meta Platforms News

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

• Positive Sentiment: Investors are viewing Meta’s massive AI spending more favorably as analysts and market commentators argue the AI boom could last longer than expected, potentially strengthening the company’s competitive position. Article Title
• Positive Sentiment: Several recent pieces continue to frame Meta as a top long-term growth stock and a stock drawing increased investor attention, which can help reinforce bullish sentiment around the name. Article Title
• Neutral Sentiment: Meta is making a major workforce reduction in Washington state as part of a broader AI-driven restructuring, which may improve efficiency over time but also signals a significant internal reset. Article Title
• Neutral Sentiment: The company is also getting additional investor and public scrutiny around AI, jobs, and capital allocation, with commentary suggesting the market is still debating whether Meta’s heavy AI investment will pay off. Article Title
• Neutral Sentiment: JLens is urging shareholders to back a proposal demanding more transparency on content moderation, highlighting ongoing governance and brand-safety concerns ahead of the annual meeting. Article Title
• Negative Sentiment: The U.S. Supreme Court declined to hear Meta’s challenge to Vermont’s social media addiction lawsuit, keeping legal exposure alive in a case centered on alleged harms to young users. Article Title
• Negative Sentiment: Meta also faces a new lawsuit from Santa Clara County over allegedly scam-related AI ads, adding another regulatory and reputational overhang tied to ad practices and user safety. Article Title

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on META. Tigress Financial increased their target price on shares of Meta Platforms from $935.00 to $945.00 and gave the stock a "strong-buy" rating in a report on Wednesday, March 18th. Scotiabank raised their price objective on shares of Meta Platforms from $685.00 to $700.00 and gave the stock a "sector perform" rating in a report on Thursday, January 29th. Argus restated a "buy" rating and issued a $800.00 price objective on shares of Meta Platforms in a report on Monday, February 2nd. Wolfe Research lowered their price objective on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a report on Friday, April 10th. Finally, Morgan Stanley lowered their price objective on shares of Meta Platforms from $825.00 to $775.00 and set an "overweight" rating for the company in a report on Monday, March 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $840.19.

Meta Platforms Stock Performance

Shares of META opened at $612.34 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a 50-day simple moving average of $617.09 and a two-hundred day simple moving average of $636.70. The firm has a market capitalization of $1.55 trillion, a PE ratio of 22.26, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same period last year, the business posted $6.43 earnings per share. Meta Platforms's quarterly revenue was up 33.1% compared to the same quarter last year. On average, analysts anticipate that Meta Platforms, Inc. will post 29.49 EPS for the current fiscal year.

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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