Tritonpoint Wealth LLC Sells 1,815 Shares of Meta Platforms, Inc. $META

Key Points

• Tritonpoint Wealth LLC reduced its stake in Meta by 21.5%, selling 1,815 shares in Q4 and leaving 6,630 shares valued at about $4.38 million.
• Meta beat expectations with Q4 EPS of $8.88 (vs. $8.16) and revenue of $59.89B (up 23.8% YoY), and recently paid a quarterly dividend of $0.525 ($2.10 annualized, ~0.3% yield).
• Sentiment is mixed: AI momentum (Muse Spark, a $21B CoreWeave deal and analyst upgrades) supports the stock, but substantial insider selling (CFO sold 56,571 shares; insiders sold 160,931 shares in 90 days) and new legal risks (Massachusetts teen addiction lawsuit) are key headwinds.

Tritonpoint Wealth LLC lessened its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 21.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,630 shares of the social networking company's stock after selling 1,815 shares during the quarter. Tritonpoint Wealth LLC's holdings in Meta Platforms were worth $4,376,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of META. State Street Corp lifted its position 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 buying 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. Concentrum Wealth Management lifted its position 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 buying an additional 1,124,998 shares during the period. Corient Private Wealth LLC raised its position in Meta Platforms by 103.5% in the 2nd quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company's stock valued at $1,475,166,000 after purchasing an additional 1,016,667 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in Meta Platforms by 209.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company's stock valued at $314,340,000 after purchasing an additional 824,276 shares during the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Up 0.2%

NASDAQ META opened at $629.83 on Friday. The stock has a fifty day moving average of $628.78 and a 200-day moving average of $654.74. The stock has a market capitalization of $1.59 trillion, a P/E ratio of 26.80, a price-to-earnings-growth ratio of 0.97 and a beta of 1.31. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 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 released its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. The company had revenue of $59.89 billion during the quarter, compared to analysts' expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business's revenue for the quarter was up 23.8% on a year-over-year basis. During the same period last year, the firm earned $8.02 EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms's dividend payout ratio (DPR) is 8.94%.

Insider Activity

In other news, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the completion of the sale, the chief operating officer directly owned 13,335 shares of the company's stock, valued at $8,072,742.30. This trade represents a 6.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 160,931 shares of company stock valued at $102,997,526. Company insiders own 13.61% of the company's stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Muse Spark launch strengthens Meta’s AI narrative — investors see the new LLM as evidence Meta can compete with other big‑model providers and begin monetizing AI via commerce, APIs and ad tools; early analyst support and bullish writeups helped lift shares. Meta's AI Outlook Brightens With Muse Spark Release
• Positive Sentiment: Expanded $21B CoreWeave deal gives Meta committed AI compute capacity through 2032 — reduces operational risk of running large models, signals scale and continuity for AI roadmaps (though it implies heavy future spending). CoreWeave signs $21 billion AI cloud deal with Meta
• Positive Sentiment: Analyst support is improving — CFRA upgraded Meta to Strong Buy and some firms remain constructive on share recovery tied to AI gains, helping sentiment. CFRA Just Upgraded Meta to Strong Buy. The AI Turnaround Story Is Getting Hard to Argue With
• Neutral Sentiment: Street price targets and ratings are mixed — some firms trimmed targets while keeping outperform/buy ratings, reflecting confidence in long‑term AI upside but concern over valuation and spend. (See recent Wolfe/KeyCorp/Rosenblatt notes.)
• Negative Sentiment: Massachusetts Supreme Judicial Court ruled Meta must face a state lawsuit alleging features were designed to addict teens — the decision increases legal and regulatory risk and could widen damages exposure if similar suits progress. Meta must face youth addiction lawsuit by Massachusetts, court rules
• Negative Sentiment: Meta pulled ads recruiting potential plaintiffs for social‑media addiction suits — a defensive PR/legal move that underscores ongoing litigation pressure and recent adverse jury outcomes. Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits

Analyst Ratings Changes

Several equities analysts have issued reports on META shares. Raymond James Financial cut their price objective on Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating for the company in a research report on Monday, January 26th. Deutsche Bank Aktiengesellschaft lifted their price objective on Meta Platforms from $880.00 to $920.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. Stifel Nicolaus lifted their price objective on Meta Platforms from $785.00 to $820.00 and gave the company a "buy" rating in a research report on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 price objective on Meta Platforms in a research report on Monday, January 26th. Finally, Argus reiterated a "buy" rating and issued a $800.00 price objective on shares of Meta Platforms in a research report on Monday, February 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $838.04.

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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