San Luis Wealth Advisors LLC Purchases 1,461 Shares of Meta Platforms, Inc. $META

Key Points

• San Luis Wealth Advisors LLC increased its stake in Meta by 16.7% in Q4, buying 1,461 shares to hold 10,224 shares worth $6.749 million, about 1.1% of the fund's portfolio and its 27th largest position.
• Meta beat Q4 expectations with EPS $8.88 vs. $8.16 and revenue of $59.89 billion (up 23.8% YoY); the stock trades at a $1.67 trillion market cap with a P/E of 28.05 and pays a $0.525 quarterly dividend (0.3% yield).
• Outlook is mixed: Meta plans roughly 8,000 layoffs to offset AI spending and insiders have sold sizable stakes, but analysts remain generally bullish with a consensus "Moderate Buy" and a $837.09 target price.

San Luis Wealth Advisors LLC grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 16.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,224 shares of the social networking company's stock after purchasing an additional 1,461 shares during the quarter. Meta Platforms makes up about 1.1% of San Luis Wealth Advisors LLC's portfolio, making the stock its 27th largest position. San Luis Wealth Advisors LLC's holdings in Meta Platforms were worth $6,749,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Westchester Capital Management Inc. bought a new stake in Meta Platforms during the third quarter valued at $26,000. Dorato Capital Management bought a new position in shares of Meta Platforms in the 4th quarter worth about $62,000. PMV Capital Advisers LLC lifted its stake in shares of 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 purchasing an additional 20 shares during the period. Evergreen Private Wealth LLC lifted its stake in shares of 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 purchasing an additional 35 shares during the period. Finally, eCIO Inc. bought a new stake in shares of Meta Platforms during the 4th quarter valued at about $66,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ META opened at $659.15 on Friday. The company has a market cap of $1.67 trillion, a P/E ratio of 28.05, a PEG ratio of 1.10 and a beta of 1.31. The company has a fifty day simple moving average of $627.63 and a 200 day simple moving average of $650.33. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms, Inc. has a 12-month low of $517.50 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, topping 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 firm had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the prior year, the company posted $8.02 earnings per share. The business's revenue was up 23.8% on a year-over-year basis. Sell-side analysts predict that Meta Platforms, Inc. will post 29.83 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Wall Street support: Guggenheim reaffirmed a "buy" and $850 price target and other firms (Deutsche Bank, Citizens) remain constructive, highlighting AI-driven ad upside and margin leverage. Guggenheim Reaffirms Buy Rating, $850 PT
• Positive Sentiment: Deutsche Bank and others emphasize AI investments could strengthen Meta’s core advertising product and lift monetization, supporting bullish price targets. This Is the Impact of AI on Meta Platforms' Core Advertising Business
• Positive Sentiment: Product and engagement catalysts — Threads added Live Chats and Meta Quest gained DirecTV streaming, which could help user engagement and new content monetization paths. Live Chats Are Now on Threads You Can Now Stream DirecTV on Your Meta Quest Headset
• Neutral Sentiment: Account and UX improvements: Meta is revamping its cross-app Meta Account system to streamline logins and device management — a product-level improvement with unclear near-term revenue impact. Meta Is Revamping Its Cross-App Management System
• Neutral Sentiment: Safety/parent tools: Meta added a feature letting parents see topics teens ask Meta AI about; reputationally positive but unlikely to move near-term revenue. Parents Can Now See What Their Kids Are Asking Meta AI About
• Negative Sentiment: Large workforce reduction: Meta will cut ~8,000 roles (10% of staff) and freeze hiring for ~6,000 open positions to "run more efficiently" and offset AI capex — the scale of the move signals heavy near-term restructuring and underscores how costly Meta’s AI buildout remains. Meta Prepares 8,000 Layoffs to Offset AI Infrastructure Investments
• Negative Sentiment: Employee-tracking controversy: Reports that Meta is logging employee keystrokes, clicks and mouse activity to train AI raise privacy/ethical concerns and potential regulatory scrutiny. Meta Is Tracking Employee Usage on Google, LinkedIn, Wikipedia
• Negative Sentiment: Legal and ESG pressures: New shareholder proposals, recent court rulings around teen addiction liability and a consumer suit over ad-related scams increase potential legal costs and reputational risk. Meta Verdict Poised to Shift Platform Liability Consumer Watchdog Group Files Suit
• Negative Sentiment: Insider selling: COO Javier Olivan disclosed multi-hundred-thousand-dollar share sales under a 10b5-1 plan, a data point some investors watch as a mild negative signal. SEC Filing: Javier Olivan Share Sales

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the sale, the chief technology officer directly owned 2,841 shares of the company's stock, valued at $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 166,117 shares of company stock valued at $106,367,778. 13.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

META has been the subject of several recent analyst reports. Monness Crespi & Hardt raised their target price on Meta Platforms from $808.00 to $890.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Morgan Stanley cut their price target on Meta Platforms from $825.00 to $775.00 and set an "overweight" rating on the stock in a report on Monday, March 30th. Stifel Nicolaus reduced their price objective on shares of Meta Platforms from $820.00 to $805.00 and set a "buy" rating for the company in a research report on Monday, April 13th. Canaccord Genuity Group raised their price objective on shares of Meta Platforms from $900.00 to $930.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Finally, Rothschild & Co Redburn set a $900.00 target price on shares of Meta Platforms in a research report on Monday, January 26th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $837.09.

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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