Waldron Private Wealth LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,601 shares of the social networking company’s stock after selling 930 shares during the period. Waldron Private Wealth LLC’s holdings in Meta Platforms were worth $10,298,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Brighton Jones LLC lifted its stake in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares in the last quarter. Headwater Capital Co Ltd increased its holdings in shares of Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after purchasing an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in Meta Platforms during the second quarter worth approximately $213,000. Finally, Capital & Planning LLC purchased a new position in Meta Platforms during the second quarter worth approximately $322,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on META. Rosenblatt Securities raised their target price on Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Argus reiterated a “buy” rating and set a $800.00 price target on shares of Meta Platforms in a report on Monday, February 2nd. Bank of America upped their price objective 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. Wells Fargo & Company raised their price objective on shares of Meta Platforms from $849.00 to $856.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Finally, Truist Financial lifted their target price on shares of Meta Platforms from $875.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $845.54.
Insider Activity
In related news, COO Javier Olivan sold 926 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $605.38, for a total value of $560,581.88. Following the sale, the chief operating officer owned 13,335 shares in the company, valued at approximately $8,072,742.30. The trade was a 6.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $632.02, for a total value of $366,571.60. Following the transaction, the director owned 4,427 shares of the company’s stock, valued at $2,797,952.54. This trade represents a 11.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 161,448 shares of company stock valued at $103,333,788. 13.61% of the stock is currently owned by corporate insiders.
Meta Platforms Trading Up 1.2%
Shares of META stock opened at $579.23 on Thursday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market cap of $1.47 trillion, a PE ratio of 24.65, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31. The company has a 50-day moving average of $640.94 and a two-hundred day moving average of $662.64. 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 (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. The business had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm earned $8.02 EPS. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is currently 8.94%.
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: China’s commerce ministry said it supports law‑abiding transnational technology deals, which reduces near‑term risk that Beijing will block or heavily restrict Meta’s cross‑border partnerships. China says it supports law-abiding transnational deals after reports of Meta deal review
- Positive Sentiment: Morgan Stanley trimmed its price target to $775 but kept an “Overweight” rating and called Meta a top pick — a high‑profile analyst endorsement that supports buying interest after the recent pullback. Morgan Stanley Trims PT on Meta Platforms (META) to $775 Amid Softer Advertising Backdrop
- Positive Sentiment: Meta continues to push AI product and infra initiatives: it’s building an elite AI lab for recommendations and expanding data‑center supply chains (Corning ground‑breaking) — moves that underpin management’s AI monetization thesis. Meta is assembling an elite new AI lab for its recommendations division Corning and Meta Celebrate Start of Construction on Cable Manufacturing Expansion
- Positive Sentiment: New product launches — two new Ray‑Ban prescription smart glasses and Oakley updates — provide nearer‑term consumer monetization levers outside ads. Product momentum is being cited as a reason investors are “buying the dip.” Meta unveils two new Ray‑Ban prescription smart glasses
- Neutral Sentiment: Meta said it’s deploying AI to speed internal risk reviews during product development — operationally positive but with unclear immediate financial impact. Meta Deploys AI to Accelerate and Enhance Risk Review During Product Development
- Neutral Sentiment: More layoffs (168 roles in Washington state, VR division hit) are being reported — lowers near‑term opex but highlights execution and morale risks. Latest Meta layoffs target 168 employees in Washington state
- Negative Sentiment: Legal setbacks remain the largest overhang: recent jury verdicts (New Mexico and a California “addiction” case) create precedent risk and could open the door to thousands of follow‑on suits and potentially large aggregate damages — a major driver of the recent volatility. Meta is appealing, but uncertainty is high. Meta was finally held accountable for harming teens. Now what? Why Meta’s “Bellwether” Legal Loss Could Open Up a Can of Worms
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.
See Also
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