Pacific Heights Asset Management LLC Acquires 4,000 Shares of Meta Platforms, Inc. $META

Pacific Heights Asset Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 160,000 shares of the social networking company’s stock after purchasing an additional 4,000 shares during the period. Meta Platforms accounts for about 5.2% of Pacific Heights Asset Management LLC’s holdings, making the stock its 4th biggest holding. Pacific Heights Asset Management LLC’s holdings in Meta Platforms were worth $117,501,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in META. Vanguard Group Inc. grew its position in Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after acquiring an additional 1,532,568 shares in the last quarter. State Street Corp boosted its stake in shares of Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares during the period. Geode Capital Management LLC boosted its stake in shares of Meta Platforms by 1.3% in the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after purchasing an additional 682,768 shares during the period. Norges Bank acquired a new stake in Meta Platforms during the 2nd quarter valued at $23,155,393,000. Finally, Charles Schwab Investment Management Inc. increased its stake in Meta Platforms by 1.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock worth $10,694,644,000 after buying an additional 262,550 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

More Meta Platforms News

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

• Positive Sentiment: Q4 results materially beat expectations: revenue roughly $59.9B and EPS of $8.88, plus first‑quarter revenue guidance above consensus ($53.5B–$56.5B). Strong ad momentum and user metrics support the core business. CNBC: Meta beats on top, bottom lines, gives stronger-than-expected forecast
• Positive Sentiment: Wall Street reaction includes fresh bullish calls and upgrades ahead of/after the print, reflecting confidence in ad recovery and AI-driven monetization. Evercore reiterates outperform
• Neutral Sentiment: Meta is testing premium subscription tiers across Instagram, Facebook and WhatsApp to diversify revenue and add AI features — a potential long‑term positive but unclear near‑term impact. CNBC: Meta to test premium subscription plans
• Neutral Sentiment: Large supplier deals (e.g., up to $6B with Corning for fiber‑optic cable) validate Meta’s AI data‑center buildout but also signal sustained capital intensity. CNBC: Corning deal
• Negative Sentiment: Reality Labs continues to be a heavy drag: an operating loss of about $6.02B in Q4 and management disclosing multi‑billion‑dollar losses tied to XR investments. That amplifies margin risk. CNBC: Reality Labs loss
• Negative Sentiment: Meta signaled a dramatic increase in AI capex for 2026 (management cited a $115B–$135B buildout range), a front‑loaded spending plan that raises questions about near‑term returns and margin dilution. Reuters: Capex rise
• Negative Sentiment: Earlier TechCrunch reporting shows Reality Labs burned roughly $19B in recent periods and layoffs in that unit — a reminder that XR investment remains costly and uncertain. TechCrunch: $19B VR burn
• Negative Sentiment: Insider sale: COO Javier Olivan sold 517 shares (small amount relative to his holdings) — a minor negative signal that some investors will note. SEC filing

Insider Transactions at Meta Platforms

In related news, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $618.28, for a total value of $358,602.40. Following the sale, the director owned 5,587 shares of the company’s stock, valued at approximately $3,454,330.36. This trade represents a 9.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $658.69, for a total value of $341,860.11. Following the transaction, the insider owned 28,658 shares of the company’s stock, valued at approximately $18,876,738.02. The trade was a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 40,113 shares of company stock worth $24,621,042. 13.61% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on META shares. Raymond James Financial decreased their price objective on shares of Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a research report on Monday. Jefferies Financial Group reissued a “buy” rating and issued a $910.00 price target on shares of Meta Platforms in a report on Thursday, January 22nd. Citizens Jmp restated an “outperform” rating and set a $900.00 price objective (up from $750.00) on shares of Meta Platforms in a report on Monday, November 24th. Arete Research set a $718.00 target price on Meta Platforms in a research note on Thursday, December 4th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $822.00.

Meta Platforms Stock Performance

Meta Platforms stock opened at $668.73 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a fifty day moving average price of $646.63 and a two-hundred day moving average price of $695.85. The company has a market cap of $1.69 trillion, a PE ratio of 29.54, a P/E/G ratio of 1.33 and a beta of 1.29.

Meta Platforms (NASDAQ:META) last posted its quarterly 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. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. During the same period in the previous year, the business posted $8.02 EPS. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is 9.28%.

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.