Meta Platforms, Inc. $META Shares Purchased by Oliver Luxxe Assets LLC

Oliver Luxxe Assets LLC lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 7.2% in the fourth quarter, HoldingsChannel reports. The firm owned 14,187 shares of the social networking company’s stock after buying an additional 951 shares during the period. Meta Platforms makes up about 1.4% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 13th biggest holding. Oliver Luxxe Assets LLC’s holdings in Meta Platforms were worth $9,365,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after buying an additional 1,532,568 shares during the last quarter. State Street Corp raised its position in shares of Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the period. Capital World Investors lifted its holdings in Meta Platforms by 0.7% in the third quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock valued at $28,823,375,000 after acquiring an additional 278,180 shares during the last quarter. Norges Bank acquired a new position in Meta Platforms in the second quarter valued at approximately $23,155,393,000. Finally, Invesco Ltd. grew its position in Meta Platforms by 0.8% in the third quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company’s stock worth $12,597,374,000 after acquiring an additional 142,229 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

META has been the subject of several recent analyst reports. Truist Financial raised their target price on Meta Platforms from $875.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Sanford C. Bernstein reiterated an “outperform” rating and set a $900.00 price target (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Arete Research reissued a “neutral” rating on shares of Meta Platforms in a research report on Thursday, March 5th. KeyCorp reduced their price objective on shares of Meta Platforms from $875.00 to $835.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Finally, Roth Mkm dropped their price target on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $846.63.

Meta Platforms News Summary

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 Trading Down 1.8%

NASDAQ:META opened at $592.92 on Wednesday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market cap of $1.50 trillion, a PE ratio of 25.23, a price-to-earnings-growth ratio of 0.93 and a beta of 1.30. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a fifty day moving average price of $647.70 and a 200 day moving average price of $670.27.

Meta Platforms (NASDAQ:META) last posted 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 company had revenue of $59.89 billion for the quarter, compared to analyst estimates 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 for the quarter was up 23.8% compared to the same quarter last year. During the same quarter last year, the company earned $8.02 EPS. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is 8.94%.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $644.70, for a total value of $36,471,323.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $632.02, for a total transaction 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 160,929 shares of company stock valued at $103,074,540 over the last 90 days. 13.61% of the stock is owned by corporate insiders.

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.