Richard Young Associates Ltd. Purchases New Holdings in Meta Platforms, Inc. $META

Key Points

• Richard Young Associates Ltd. opened a new position in Meta Platforms during the fourth quarter, buying 834 shares valued at about $551,000. The stake represents roughly 0.4% of the firm’s portfolio and is its 12th-largest holding.
• Meta continues to attract major institutional interest, with large investors like Vanguard and State Street increasing their holdings. In total, 79.91% of Meta’s stock is owned by institutional investors and hedge funds.
• Despite recent insider sales by CTO Andrew Bosworth and CFO Susan J. Li, Meta reported strong quarterly results, beating earnings and revenue estimates. Analysts remain broadly bullish, with a consensus rating of Moderate Buy and a price target of $840.19.

Richard Young Associates Ltd. purchased a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 834 shares of the social networking company's stock, valued at approximately $551,000. Meta Platforms comprises about 0.4% of Richard Young Associates Ltd.'s investment portfolio, making the stock its 12th largest holding.

Several other large investors have also recently bought and sold shares of META. Vanguard Group Inc. boosted its position in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. State Street Corp boosted its stake in shares of Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock worth $64,158,971,000 after acquiring an additional 1,650,435 shares during the period. Danske Bank A S bought a new position in shares of Meta Platforms during the 3rd quarter worth approximately $1,191,175,000. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Meta Platforms during the 4th quarter worth approximately $813,994,000. Finally, Concentrum Wealth Management increased its holdings in shares of Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after acquiring an additional 1,124,998 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Key Meta Platforms News

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

• Positive Sentiment: Meta is being viewed as an early leader in the AI trade, with recent commentary arguing the market may be underestimating how much AI could boost the company’s long-term earnings and valuation. The AI Trade Might Be Grossly Underestimated — and It Could Be Time To Rethink How We View the Mag 7
• Positive Sentiment: Meta’s AI strategy is getting more attention, including reporting on CTO Andrew Bosworth’s push to use AI to reshape the workforce and improve efficiency, which could support margins over time. Meet Mark Zuckerberg's Right-Hand Man Who's Unleashing AI at Meta
• Positive Sentiment: Analysts remain bullish on Meta Platforms despite recent volatility, reinforcing confidence that the company’s ad business and AI investments can continue driving upside. Wall Street analysts predict Meta stock price for the next 12 months
• Positive Sentiment: Meta is expanding its AI ecosystem through a $125 million UCLA semiconductor hub with partners including Broadcom and Synopsys, which could help strengthen long-term AI infrastructure and talent development. Meta, Broadcom And Others Launch $125 Million UCLA AI Chip Hub
• Neutral Sentiment: Coverage about a potential AI “sidekick” or digital twin for Mark Zuckerberg adds to the company’s AI narrative, but it is more of a concept story than a confirmed business catalyst. Mark Zuckerberg May Already Have an AI Agent Sidekick — Could This Be the Future for CEOs?
• Neutral Sentiment: Meta’s expanding use of WhatsApp in government services in Gujarat is a positive adoption signal, but the direct financial impact is still unclear. Gujarat moves to WhatsApp governance, signs MoU with Meta Platforms
• Negative Sentiment: Meta is also dealing with scrutiny over the environmental impact of its data centers, after lawmakers raised concerns about water usage and called for an EPA probe, which could create regulatory and reputational pressure. AOC Raises Concerns Over Meta Data Center Water Impact

Insider Buying and Selling

In related news, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares of the company's stock, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the sale, the chief financial officer directly owned 13,186 shares of the company's stock, valued at approximately $8,014,978.24. The trade was a 41.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 95,471 shares of company stock valued at $60,616,955. Insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $610.26 on Tuesday. The stock has a market cap of $1.54 trillion, a P/E ratio of 22.18, a PEG ratio of 1.08 and a beta of 1.25. The stock has a 50 day simple moving average of $617.12 and a 200 day simple moving average of $636.87. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25.

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

Analyst Ratings Changes

A number of research firms recently weighed in on META. Raymond James Financial decreased their target price on Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating on the stock in a report on Monday, January 26th. Erste Group Bank lowered Meta Platforms from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. JPMorgan Chase & Co. reissued a "neutral" rating and set a $725.00 target price (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a report on Monday, January 26th. Finally, Evercore boosted their target price on Meta Platforms from $875.00 to $900.00 and gave the stock an "outperform" rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms has a consensus rating of "Moderate Buy" and a consensus price target of $840.19.

About Meta Platforms

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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