VCI Wealth Management LLC Acquires 1,926 Shares of Meta Platforms, Inc. $META

VCI Wealth Management LLC grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 25.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 9,474 shares of the social networking company’s stock after acquiring an additional 1,926 shares during the quarter. Meta Platforms makes up 1.7% of VCI Wealth Management LLC’s holdings, making the stock its 15th biggest holding. VCI Wealth Management LLC’s holdings in Meta Platforms were worth $6,254,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in META. Benedict Financial Advisors Inc. raised its holdings in Meta Platforms by 32.6% during the 4th quarter. Benedict Financial Advisors Inc. now owns 976 shares of the social networking company’s stock valued at $644,000 after buying an additional 240 shares during the period. Mainstay Capital Management LLC ADV boosted its stake in Meta Platforms by 9.3% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 2,571 shares of the social networking company’s stock worth $1,697,000 after buying an additional 218 shares during the period. Summit Wealth Partners LLC increased its position in Meta Platforms by 9.6% during the fourth quarter. Summit Wealth Partners LLC now owns 951 shares of the social networking company’s stock valued at $628,000 after acquiring an additional 83 shares during the last quarter. TFR Capital LLC. increased its position in Meta Platforms by 1.7% during the fourth quarter. TFR Capital LLC. now owns 9,789 shares of the social networking company’s stock valued at $6,462,000 after acquiring an additional 168 shares during the last quarter. Finally, Elevated Capital Advisors LLC raised its stake in shares of Meta Platforms by 24.0% in the fourth quarter. Elevated Capital Advisors LLC now owns 2,452 shares of the social networking company’s stock valued at $1,618,000 after acquiring an additional 475 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

META opened at $671.34 on Wednesday. The company has a market capitalization of $1.70 trillion, a price-to-earnings ratio of 28.57, a PEG ratio of 1.10 and a beta of 1.31. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The business’s fifty day simple moving average is $629.76 and its 200-day simple moving average is $648.51.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same period in the previous year, the company posted $8.02 earnings per share. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 29.83 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were issued a $0.525 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 8.94%.

Analysts Set New Price Targets

Several research firms have recently issued reports on META. Canaccord Genuity Group raised their target price on shares of Meta Platforms from $900.00 to $930.00 and gave the stock a “buy” rating in a report 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. TD Cowen reissued a “buy” rating and issued a $820.00 price objective on shares of Meta Platforms in a research report on Thursday, April 16th. DA Davidson raised their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Rosenblatt Securities dropped their target price on Meta Platforms from $1,144.00 to $1,015.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $837.09.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 926 shares of the stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $680.09, for a total transaction of $629,763.34. Following the transaction, the chief operating officer directly owned 9,631 shares in the company, valued at approximately $6,549,946.79. This trade represents a 8.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the transaction, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. The trade was a 13.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 165,600 shares of company stock valued at $106,023,973 in the last ninety days. Corporate 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: AI-driven ad boom supports revenue outlook — reports highlight that Meta is benefiting from AI automation that is boosting digital ad sales, a key fundamental underpinning for the stock. A.I. Helps Online Ad Businesses Boom
• Positive Sentiment: Muse Spark raises product-confidence — Meta’s new Muse Spark model shows promise and could help monetize AI beyond ads if management provides a credible commercial roadmap at earnings. Meta’s new AI model shows early promise
• Positive Sentiment: Long-term infrastructure move — Meta agreed to reserve space-based solar capacity to power data centers, signaling long-horizon planning for AI capex and sustainability that supports the AI growth story. Meta Taps Space Based Solar To Power AI Growth
• Neutral Sentiment: Concentrated “Mag‑7” earnings day increases volatility — Meta reports alongside other tech giants, making results/calls on AI monetization and CapEx the immediate driver of large stock moves. Traders are positioned for a big reaction to guidance and commentary. META, MSFT, AMZN, GOOG head for ‘biggest earnings day’
• Neutral Sentiment: Regulatory/legal noise outside Europe — a U.S. probe into WhatsApp encryption reportedly closed, removing one overhang, but broader regulatory scrutiny remains. US agency shuts probe into WhatsApp encryption claims
• Negative Sentiment: EU charges under the Digital Services Act — the European Commission says Meta is failing to keep under‑13s off Facebook/Instagram and warned of major fines, creating regulatory, compliance cost and reputational risk in a key ad market. Meta Threatened With Major EU Fine
• Negative Sentiment: China blocks Manus acquisition and Meta may unwind the deal — Beijing’s decision to block the ~$2B Manus takeover forces write-offs, disrupts AI M&A strategy, and underscores geopolitical deal risk. Meta prepares to undo Manus acquisition after China ban
• Negative Sentiment: Analyst actions and reputational headwinds — Bank of America trimmed its price target and regulators/FTC data on social‑media scams highlight policy and trust issues that could pressure multiples. Bank of America Lowered Price Target on Meta

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.