Meta Platforms, Inc. $META Shares Purchased by InTrack Investment Management Inc

InTrack Investment Management Inc raised its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 29.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,861 shares of the social networking company’s stock after acquiring an additional 1,329 shares during the period. Meta Platforms makes up 2.2% of InTrack Investment Management Inc’s portfolio, making the stock its 14th biggest position. InTrack Investment Management Inc’s holdings in Meta Platforms were worth $3,869,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of META. Goldstone Financial Group LLC boosted its position in Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock worth $2,756,000 after purchasing an additional 1,153 shares during the period. CW Advisors LLC raised its position in Meta Platforms by 27.8% in the second quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock valued at $130,467,000 after purchasing an additional 38,432 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in shares of Meta Platforms by 34.2% during the third quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock worth $38,373,000 after purchasing an additional 13,311 shares in the last quarter. Becker Capital Management Inc. boosted its position in shares of Meta Platforms by 5.0% in the third quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company’s stock worth $25,741,000 after buying an additional 1,657 shares during the period. Finally, Diversified Trust Co. grew its stake in shares of Meta Platforms by 4.1% in the fourth quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company’s stock valued at $55,487,000 after buying an additional 3,336 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Trading Down 0.8%

NASDAQ META opened at $574.46 on Friday. The company has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 24.45, a price-to-earnings-growth ratio of 0.90 and a beta of 1.31. 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, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company’s fifty day moving average price is $639.47 and its two-hundred day moving average price is $662.03.

Meta Platforms (NASDAQ:META) last issued its 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. 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 analyst estimates of $58.33 billion. During the same quarter in the prior year, the business posted $8.02 EPS. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Morgan Stanley kept Meta as a top pick despite trimming its price target to $775, signaling continued conviction in the company’s long‑term AI and ad recovery story. Morgan Stanley trims PT
• Positive Sentiment: Meta is building an elite AI lab for its recommendations division and deploying AI to accelerate risk reviews — moves that should improve product relevancy, ad monetization, and safety over time. Business Insider: AI lab
• Positive Sentiment: Product updates (new Ray‑Ban prescription smart glasses) expand hardware monetization optionality and signal progress in Reality Labs consumer offerings. MSN: Ray‑Ban glasses
• Neutral Sentiment: China’s commerce ministry said it supports law‑abiding transnational tech deals amid reports of a review of a Meta transaction — a stabilizing comment for deal risk but not a definitive clearance. Reuters: China supports deals
• Negative Sentiment: Wells Fargo cut Meta’s price target sharply to $765 (from $856) though it kept an Overweight rating — the sizable PT cut reinforces near‑term sentiment weakness despite a positive medium‑term view; Wells Fargo highlighted upcoming earnings as a potential catalyst. Invezz: Wells Fargo PT cut
• Negative Sentiment: Erste Group downgraded META from Buy to Hold, adding to analyst caution and likely contributing to selling pressure. Finviz: Erste downgrade
• Negative Sentiment: Recent legal losses (New Mexico civil penalties and a “bellwether” California jury verdict) are the largest near‑term overhang — they raise the risk of follow‑on suits, potential billings for damages/legal fees, and political/regulatory scrutiny that could materially affect sentiment and valuation. MarketBeat: legal losses analysis

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a report on Friday, March 27th. Bank of America boosted their target price on shares of Meta Platforms from $810.00 to $885.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Sanford C. Bernstein reaffirmed 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. Evercore boosted their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $843.57.

Insider Transactions at Meta Platforms

In other news, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction dated 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 transaction, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Javier Olivan sold 2,461 shares of Meta Platforms stock in a transaction dated Sunday, February 15th. The shares were sold at an average price of $639.77, for a total transaction of $1,574,473.97. Following the completion of the transaction, the chief operating officer directly owned 12,108 shares of the company’s stock, valued at $7,746,335.16. This trade represents a 16.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 161,448 shares of company stock worth $103,333,788. 13.61% of the stock is currently owned by corporate insiders.

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.