KLP Kapitalforvaltning AS Sells 2,400 Shares of Meta Platforms, Inc. $META

KLP Kapitalforvaltning AS decreased its position in Meta Platforms, Inc. (NASDAQ:META) by 0.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 801,710 shares of the social networking company’s stock after selling 2,400 shares during the quarter. Meta Platforms comprises about 2.3% of KLP Kapitalforvaltning AS’s portfolio, making the stock its 5th largest holding. KLP Kapitalforvaltning AS’s holdings in Meta Platforms were worth $588,760,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Bare Financial Services Inc acquired a new position in Meta Platforms during the second quarter worth $30,000. Evergreen Private Wealth LLC lifted its position in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Meta Platforms during the 2nd quarter worth about $42,000. Knuff & Co LLC acquired a new position in shares of Meta Platforms during the 2nd quarter worth about $44,000. Finally, WFA Asset Management Corp grew its holdings in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after acquiring an additional 20 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $653.00, for a total transaction of $337,601.00. Following the transaction, the chief operating officer owned 11,166 shares in the company, valued at approximately $7,291,398. This trade represents a 4.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $646.00, for a total value of $374,680.00. Following the sale, the director directly owned 6,167 shares of the company’s stock, valued at approximately $3,983,882. The trade was a 8.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 40,571 shares of company stock worth $25,137,541 over the last quarter. Company insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on META. JPMorgan Chase & Co. dropped their target price on Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Cowen reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Tuesday. Cantor Fitzgerald upped their price objective on Meta Platforms from $720.00 to $750.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Monday, December 29th. Finally, Robert W. Baird dropped their price target on shares of Meta Platforms from $820.00 to $815.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $822.96.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Big‑tech energy deals reduce a major execution risk for Meta’s AI/data‑center buildout — Meta signed prepayment/partner arrangements (e.g., Oklo) that de‑risk long‑term baseload power for its compute expansion, which supports the Meta Compute plan. Oklo’s Meta Deal De-Risks the Story—Rebound Setup Emerging
• Positive Sentiment: Additional nuclear partnerships (Terrapower reports) signal Meta is securing long‑term, reliable power — important as Meta scales “tens/hundreds of gigawatts” for AI. Bill Gates’ Terrapower to supply Meta Platforms with nuclear reactors
• Positive Sentiment: Demand signals for AI wearables: Meta and EssilorLuxottica are discussing ramping Ray‑Ban Meta smart glasses output, supporting the company’s pivot to AI devices and potential revenue diversification beyond advertising. Meta mulls doubling output of Ray-Ban glasses by year end
• Positive Sentiment: Analyst bullishness: a couple of firms reaffirmed/raised targets (Rosenblatt, TD Cowen), indicating upside expectation if Meta’s AI investments pay off.
• Neutral Sentiment: Meta Compute initiative outlines a massive data‑center/data‑power capex path to own AI infrastructure — strategically positive long term but increases near‑term capital intensity and execution risk. Meta Compute: Inside Zuckerberg’s Massive Data Center Bet
• Neutral Sentiment: Quarterly release scheduled after the close on Jan. 28 — upcoming results and guidance will be a key catalyst for the next leg of the stock’s move. Meta to Announce Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: Reality Labs layoffs (~1,500 jobs, ~10% of division) signal contraction of metaverse ambitions and larger restructuring; while this cuts costs, it raises near‑term execution and product risks for VR/metaverse roadmap. Meta Lays Off 1,500 People in Metaverse Division
• Negative Sentiment: Analyst downgrades and pessimistic forecasts (some outlets reporting cuts in sentiment and price targets) are pressuring the stock amid concerns about very large 2026 capex guidance and falling free‑cash‑flow. Wells Fargo & Company Issues Pessimistic Forecast for Meta Platforms
• Negative Sentiment: Insider selling: COO Javier Olivan disclosed a sale (~517 shares) which, paired with other negative headlines, can amplify short‑term selling pressure. SEC Filing: Javier Olivan sale
• Negative Sentiment: Regulatory/legal risks persist (e.g., Brazil/WhatsApp orders and appeals) that could add litigation or compliance costs in key markets. Meta, WhatsApp approach Supreme Court against NCLAT decision

Meta Platforms Trading Down 2.5%

META stock opened at $615.52 on Thursday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market cap of $1.55 trillion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 1.25 and a beta of 1.29. The company has a fifty day moving average price of $641.01 and a two-hundred day moving average price of $701.60. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the company posted $6.03 EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s payout ratio is currently 9.28%.

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.