Sendero Wealth Management LLC Reduces Stock Position in Meta Platforms, Inc. $META

Key Points

• Sendero Wealth Management cut its position in Meta Platforms by 24.8% in Q4, selling 5,045 shares and retaining 15,307 shares worth about $10.10 million (Meta is 1.1% of Sendero’s holdings and its 13th largest position).
• Meta posted a quarterly earnings beat (EPS $8.88 vs. $8.16; revenue $59.89B vs. $58.33B, +23.8% YoY) and declared a quarterly dividend of $0.525 per share (annualized $2.10, ~0.4% yield).
• Institutional investors own roughly 79.9% of Meta with notable large fund activity (e.g., Norges Bank adding a multibillion-dollar position), while insiders have sold about 161,448 shares (~$103.3M) in the past three months, leaving insiders with 13.61% ownership.

Sendero Wealth Management LLC cut its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 24.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,307 shares of the social networking company's stock after selling 5,045 shares during the period. Meta Platforms makes up 1.1% of Sendero Wealth Management LLC's holdings, making the stock its 13th largest position. Sendero Wealth Management LLC's holdings in Meta Platforms were worth $10,104,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank acquired a new position in Meta Platforms in the 2nd quarter worth approximately $23,155,393,000. Laurel Wealth Advisors LLC lifted its stake in Meta Platforms by 73,443.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company's stock valued at $6,212,506,000 after acquiring an additional 8,405,558 shares during the period. State Street Corp boosted its holdings in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock valued at $64,158,971,000 after acquiring an additional 1,650,435 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Meta Platforms in the 3rd quarter valued at $1,191,175,000. Finally, Concentrum Wealth Management increased its stake in shares of Meta Platforms by 948.7% in the third 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 period. Institutional investors and hedge funds own 79.91% of the company's stock.

More Meta Platforms News

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

• Positive Sentiment: Morgan Stanley and other firms are calling Meta a tactical buying opportunity and reiterating Buy/top-pick views, arguing the pullback has created a discounted entry given Meta’s fundamentals and AI exposure. Article Title
• Positive Sentiment: Jefferies also highlights that regulatory scrutiny is a persistent theme but not necessarily a crippling near-term catalyst, framing current legal headlines as a potential buying opportunity for longer-term investors. Article Title
• Neutral Sentiment: Meta has begun testing a paid Instagram subscription ("Instagram Plus") in select markets — a potential new ARPU/revenue stream if expanded, but currently a limited pilot with uncertain near-term revenue impact. Article Title
• Neutral Sentiment: Meta is sharing learnings from its Meta Lab stores with wearables/retail partners — a strategic move to accelerate Reality Labs retail presence and partner adoption, but with gradual monetization potential. Article Title
• Neutral Sentiment: Meta’s El Paso data‑center project has grown to a ~$10B, 1‑gigawatt complex — evidence of big infrastructure buildout to support AI workloads; bullish for long‑term capacity but highlights larger capex commitments. Article Title
• Negative Sentiment: Recent court losses and ongoing regulatory/legal scrutiny remain material headline risk — coverage warns these rulings could constrain AI research practices and raise liability exposure, increasing near‑term uncertainty. Article Title
• Negative Sentiment: Analysts and commentators continue to debate Meta’s heavy capex (large multi‑year AI/Reality Labs spending). Deeper analyses flag the risk of near‑term negative free cash flow and pressure on margins despite long‑term optionality. Article Title
• Negative Sentiment: Morgan Stanley lowered its price target (from $825 to $775) even while keeping an overweight rating — a mixed signal that narrows upside expectations versus earlier forecasts. Article Title

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the business's stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $632.02, for a total value of $366,571.60. Following the completion of the sale, the director directly owned 4,427 shares in the company, valued at $2,797,952.54. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Javier Olivan sold 926 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $605.38, for a total value of $560,581.88. Following the transaction, the chief operating officer directly owned 13,335 shares of the company's stock, valued at approximately $8,072,742.30. The trade was a 6.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 161,448 shares of company stock valued at $103,333,788. Company insiders own 13.61% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on META shares. Rosenblatt Securities raised their target price on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Meta Platforms in a research report on Friday. Pivotal Research reduced their price objective on Meta Platforms from $930.00 to $910.00 and set a "buy" rating for the company in a research note on Thursday, January 29th. Robert W. Baird boosted their price objective on Meta Platforms from $815.00 to $830.00 and gave the company an "outperform" rating in a report on Thursday, January 29th. Finally, Truist Financial upped their target price on Meta Platforms from $875.00 to $900.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $845.54.

Meta Platforms Trading Up 2.0%

Shares of Meta Platforms stock opened at $536.38 on Tuesday. The firm has a 50-day simple moving average of $642.25 and a two-hundred day simple moving average of $664.52. The company has a market cap of $1.36 trillion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 0.81 and a beta of 1.30. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its 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 firm had revenue of $59.89 billion for the quarter, compared to analysts' expectations of $58.33 billion. During the same period last year, the firm earned $8.02 EPS. The company's quarterly revenue was up 23.8% on a year-over-year basis. As a group, equities analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were given a dividend of $0.525 per share. The ex-dividend date was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms's dividend payout ratio is currently 8.94%.

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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