TD Waterhouse Canada Inc. Trims Stock Position in Meta Platforms, Inc. $META

Key Points

• TD Waterhouse Canada Inc. trimmed its stake in Meta by 1.5% in Q4, selling 2,815 shares and finishing with 189,631 shares worth about $125.12 million.
• Meta beat Q1 estimates with EPS of $10.44 (vs. $6.67 expected) and $56.31 billion in revenue, but the company’s much higher FY capex guidance and a >$4 billion Reality Labs loss spooked investors and triggered a share pullback.
• Insider selling was heavy: CFO Susan J. Li sold 56,571 shares (~$36.47M) and COO Javier Oliván sold 2,778 shares under a Rule 10b5‑1 plan, with insiders disposing of 167,155 shares (~$107.07M) in the quarter.

TD Waterhouse Canada Inc. decreased its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,631 shares of the social networking company's stock after selling 2,815 shares during the period. TD Waterhouse Canada Inc.'s holdings in Meta Platforms were worth $125,124,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in META. Vista Capital Partners Inc. lifted its stake in Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after acquiring an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC increased its position in shares of Meta Platforms by 1.6% in the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company's stock valued at $672,000 after purchasing an additional 14 shares during the last quarter. Alpine Bank Wealth Management increased its position in shares of Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company's stock valued at $3,159,000 after purchasing an additional 14 shares during the last quarter. Valued Wealth Advisors LLC raised its holdings in shares of Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company's stock valued at $334,000 after purchasing an additional 14 shares in the last quarter. Finally, SWS Partners raised its holdings in shares of Meta Platforms by 0.3% in the 3rd quarter. SWS Partners now owns 4,519 shares of the social networking company's stock valued at $3,318,000 after purchasing an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 2,778 shares of the firm's stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the transaction, the chief operating officer owned 10,557 shares in the company, valued at approximately $6,645,103.65. This trade represents a 20.83% 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. Insiders have sold a total of 167,155 shares of company stock valued at $107,067,129 over the last quarter. Company insiders own 13.61% of the company's stock.

Wall Street Analyst Weigh In

META has been the subject of a number of analyst reports. Wolfe Research lowered their target price on shares of Meta Platforms from $850.00 to $800.00 and set an "outperform" rating for the company in a research note on Friday, April 10th. Needham & Company LLC restated a "hold" rating on shares of Meta Platforms in a research note on Thursday, January 29th. Roth Mkm decreased their price target on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a report on Monday, January 26th. Tigress Financial upped their price objective on Meta Platforms from $935.00 to $945.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, March 18th. Finally, DA Davidson increased their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Four investment 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 company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $837.09.

More Meta Platforms News

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

• Positive Sentiment: Strong monetization and product moves — Meta continues to monetize AI-driven ad demand and reported robust Q1 results that beat revenue/earnings expectations, supporting the company's growth narrative. Earnings/Press Release
• Positive Sentiment: New revenue/creator options — Meta launched a pilot to pay eligible creators in USDC stablecoins (Colombia, Philippines), which could lower payout friction and open new monetization paths in developing markets. Meta Pays Creators In Stablecoins
• Positive Sentiment: Energy/infra partnerships to support AI data centers — Meta announced collaborations (space-based solar, long-duration storage) intended to lock in continuous power for AI workloads, a strategic move to reduce energy risk and support long-term AI capacity. Meta Bets on Space-Based Solar
• Neutral Sentiment: Management disclosures and housekeeping — Meta filed its Q1 results, slide deck and conference materials; COO Javier Oliván executed a planned Rule 10b5-1 sale (disclosed). These are routine but noted by traders. SEC Filing
• Negative Sentiment: Big increase in capital spending — Meta raised FY capital-expenditure guidance substantially (now targeting far larger AI/data-center investment), a near-term cash and free‑cash‑flow headwind that spooked investors. CapEx Forecast Increase
• Negative Sentiment: Reality Labs losses persist — Reality Labs recorded a multibillion-dollar operating loss in Q1 (reported >$4B), reinforcing concerns about long-standing cash burn in AR/VR. Reality Labs Loss
• Negative Sentiment: Regulatory and legal risks in Europe — EU regulators charged Meta with failing to keep under‑13s off Facebook/Instagram under the Digital Services Act and warned of potential fines; the company also flagged legal scrutiny in its communications. EU Charges
• Negative Sentiment: Market reaction to guidance and user growth — Despite strong top-line beats, investors focused on higher spending, mixed user-growth signals and slightly cautious guidance, which led to a pullback in shares after the print. Market Reaction / WSJ

Meta Platforms Stock Performance

NASDAQ META opened at $669.12 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25. The company has a market capitalization of $1.69 trillion, a PE ratio of 28.47, a P/E/G ratio of 1.10 and a beta of 1.31. The company has a fifty day moving average of $630.28 and a two-hundred day moving average of $648.65.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business had revenue of $56.31 billion for the quarter, compared to analysts' expectations of $55.36 billion. During the same quarter in the previous year, the firm earned $6.43 earnings per share. The business's revenue was up 33.1% compared to the same quarter last year. As a group, analysts expect that Meta Platforms, Inc. will post 29.83 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company 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 of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is 8.94%.

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.

Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.