SMART Wealth LLC Acquires Shares of 1,513 Meta Platforms, Inc. $META

SMART Wealth LLC bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,513 shares of the social networking company’s stock, valued at approximately $1,111,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in Meta Platforms in the second quarter valued at approximately $23,155,393,000. Laurel Wealth Advisors LLC raised its position in Meta Platforms by 73,443.1% in 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 purchasing an additional 8,405,558 shares during the last quarter. State Street Corp increased its stake in 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. Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 1,532,568 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Meta Platforms by 103.5% during the second quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock worth $1,475,166,000 after buying an additional 1,016,667 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Oppenheimer lowered Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. Morgan Stanley boosted their price objective on shares of Meta Platforms from $750.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Bank of America lifted their target price on shares of Meta Platforms from $810.00 to $885.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $850.00 price objective (up previously from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $844.44.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta struck a multiyear deal to deploy up to 6 gigawatts of AMD GPUs for its AI data centers, giving it a second major supplier and reducing single-vendor supply risk as it scales AI infrastructure. Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
• Positive Sentiment: The WSJ reports the AMD agreement could be north of $100 billion and may lead Meta to own up to ~10% of AMD, signaling a strategic, long-term commitment to securing chip supply and potentially creating financial upside from the stake. Meta and AMD Agree to AI Chips Deal Worth More Than $100 Billion
• Positive Sentiment: These AMD plans come days after Meta committed to deploying millions of Nvidia GPUs — together the dual-supplier approach accelerates capacity buildout that underpins ad/revenue growth and AI monetization prospects. Meta strikes AI chip deal with AMD days after committing to deploy millions of Nvidia GPUs
• Positive Sentiment: Meta’s board declared a $0.525 quarterly cash dividend, a direct shareholder return that can attract income-focused investors and signal confidence in cash flow. Meta (META) Strengthens Investor Appeal With Dividend Payout and Platform Expansion Efforts
• Neutral Sentiment: Analysts maintain a favorable view (consensus “Moderate Buy”), supporting upside expectations but reflecting mixed views on valuation vs. near-term capex/earnings tradeoffs. Meta Platforms, Inc. (NASDAQ:META) Given Consensus Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Industry context: Bridgewater estimates Big Tech will invest roughly $650B in AI this year — a tailwind for Meta but also a signal of intense, costly competition. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
• Negative Sentiment: Court filings show internal warnings that encrypting Messenger could hinder child-exploitation detection — a fresh legal/regulatory and reputational risk that could prompt scrutiny or remediation costs. Meta executive warned Facebook Messenger encryption plan was ‘so irresponsible’, shows court filing
• Negative Sentiment: Reports highlight hyperscalers (including Meta) taking on more debt to fund AI capex — higher leverage and bond issuance shift risk to creditors and could concern investors focused on capital efficiency. How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investors
• Negative Sentiment: Regulatory/legal exposure continues globally — India’s Supreme Court will hear Meta/WhatsApp pleas over a privacy penalty, adding jurisdictional legal risk. Indian Supreme Court To Hear Meta, WhatsApp Pleas Against ₹213 Crore Penalty Over Privacy Policy

Insider Activity at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $642.22, for a total transaction of $333,312.18. Following the completion of the transaction, the insider directly owned 30,734 shares in the company, valued at $19,737,989.48. The trade was a 1.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Susan J. Li sold 6,418 shares of the stock in a transaction on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total value of $4,106,043.86. Following the sale, the chief financial officer owned 73,346 shares in the company, valued at approximately $46,924,570.42. This trade represents a 8.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,791 shares of company stock valued at $17,835,648 in the last quarter. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $637.25 on Tuesday. The firm has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 1.12 and a beta of 1.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business’s 50 day simple moving average is $656.47 and its 200-day simple moving average is $688.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.16 by $0.72. The firm 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%.Meta Platforms’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm posted $8.02 earnings per share. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is 8.94%.

Meta Platforms Company 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.