Legacy Private Trust Co. Has $14.90 Million Stock Holdings in Meta Platforms, Inc. $META

Legacy Private Trust Co. boosted its position in Meta Platforms, Inc. (NASDAQ:META) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,576 shares of the social networking company’s stock after acquiring an additional 1,064 shares during the quarter. Meta Platforms accounts for 0.9% of Legacy Private Trust Co.’s holdings, making the stock its 21st largest holding. Legacy Private Trust Co.’s holdings in Meta Platforms were worth $14,902,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms during the 3rd quarter worth $26,000. Bare Financial Services Inc acquired a new stake in Meta Platforms in the second quarter valued at about $30,000. Knuff & Co LLC acquired a new stake in Meta Platforms in the second quarter valued at about $44,000. Evergreen Private Wealth LLC grew its position in Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after acquiring an additional 35 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new position in Meta Platforms in the third quarter valued at about $71,000. 79.91% of the stock is currently owned by institutional investors.

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 2,461 shares of the business’s stock in a transaction on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total value of $1,574,473.97. Following the sale, the chief operating officer owned 12,108 shares of the company’s stock, valued at $7,746,335.16. The trade was a 16.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the sale, the chief technology officer owned 2,841 shares of the company’s stock, valued at $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 160,929 shares of company stock worth $103,074,540. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $592.92 on Wednesday. The business has a 50 day moving average of $647.70 and a 200-day moving average of $670.27. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 company has a market capitalization of $1.50 trillion, a P/E ratio of 25.23, a P/E/G ratio of 0.93 and a beta of 1.30.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. During the same period last year, the company earned $8.02 EPS. The firm’s revenue was up 23.8% compared to the same quarter last year. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Wall Street Analyst Weigh In

META has been the subject of a number of research reports. Morgan Stanley increased their target price on shares of Meta Platforms from $750.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wells Fargo & Company lifted their price target on shares of Meta Platforms from $849.00 to $856.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Sanford C. Bernstein reiterated an “outperform” rating and set a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. UBS Group reissued a “buy” rating and issued a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Finally, Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $846.63.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: CTO Andrew Bosworth will lead Meta’s “AI for Work” initiatives, signaling a top-down push to embed AI across operations that could improve productivity and long-term margins. Meta Names New Leader of Company’s Efforts To Become AI Native
• Positive Sentiment: Meta hired the Dreamer team to scale personalized AI agents, strengthening its talent and product roadmap for agentic AI — a strategic move that supports future ad/product monetization. Meta Recruits Dreamer Team to Scale Personalized AI Agents
• Positive Sentiment: Meta is building in-house AI infrastructure (custom MTIA chips and optical interconnect work) to lower long-term AI costs and secure supply — a step that could expand gross margins as GenAI demand grows. Meta’s Custom AI Chips And Optical Links Reframe Long Term Margins
• Positive Sentiment: Erste Group upgraded META to Buy, citing AI investments and pricing power — a supportive analyst signal that may attract some buyers despite near-term volatility. Erste Group Upgrades Meta (META) to Buy, Highlights the Company’s AI Investments
• Neutral Sentiment: Meta is experimenting with internal CEO/exec AI agents and paying creators to boost engagement — these are strategic experiments that could help product engagement but are not guaranteed to move near-term revenue. Meta Will Pay Influencers Up to $3,000/Month to Post on Facebook
• Neutral Sentiment: Reported short-interest figures in the feed appear inconsistent/zero and are not providing clear bearish pressure today (data unreliable).
• Negative Sentiment: A New Mexico jury ordered Meta to pay $375 million after finding the company misled consumers and failed to protect minors from predators — a significant legal loss that raises potential damages exposure, regulatory scrutiny and reputational risk; a separate Los Angeles trial remains unresolved and could add further liability. Meta Ordered to Pay $375 Million Over Child Safety Violations
• Negative Sentiment: Additional legal pressure: a lawsuit alleges Meta targeted older workers in layoffs — another potential litigation headline that can add to near-term uncertainty. Lawsuit Claims Meta Platforms Targeted Older Workers in Layoffs

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.