Prevail Innovative Wealth Advisors LLC trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 29.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,415 shares of the social networking company’s stock after selling 1,804 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Meta Platforms were worth $3,242,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms during the 3rd quarter valued at about $26,000. Bare Financial Services Inc bought a new position in shares of Meta Platforms in the 2nd quarter valued at approximately $30,000. Knuff & Co LLC acquired a new stake in Meta Platforms in the 2nd quarter worth approximately $44,000. Spurstone Advisory Services LLC acquired a new stake in Meta Platforms in the 2nd quarter worth approximately $59,000. Finally, Evergreen Private Wealth LLC boosted its position in Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after purchasing an additional 35 shares during the period. 79.91% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the sale, the chief technology officer 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $634.94, for a total value of $587,954.44. Following the sale, the chief operating officer directly owned 15,187 shares in the company, valued at $9,642,833.78. The trade was a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 161,446 shares of company stock valued at $103,451,688 over the last three months. 13.61% of the stock is owned by corporate insiders.
Meta Platforms Trading Down 2.5%
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share 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 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 prior year, the firm earned $8.02 EPS. The business’s revenue was up 23.8% on a year-over-year basis. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.
Key Stories Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta unveiled a roadmap for four new in‑house AI chips (MTIA 300/400/450/500) aimed at inference workloads and faster iterative deployments — a long‑term win for gross‑margin control and scalability if Meta can reduce third‑party hardware spend. Meta Chip Roadmap Puts AI Inference And Costs In Sharper Focus
- Positive Sentiment: Facebook Marketplace rolled out Meta AI features that auto‑write listings and suggest prices — these product improvements can increase seller throughput and ad/commerce monetization. Meta AI Writes Listings and Sets Prices for Facebook Marketplace Sellers
- Positive Sentiment: Meta expanded AI‑driven scam detection across Facebook, WhatsApp and Messenger, which helps reduce fraud liability and could improve user trust and engagement. Meta Rolls Out New Scam Alerts Across Facebook, WhatsApp, and Messenger
- Positive Sentiment: Investor endorsement: Michael Cuggino cited Meta as an AI pick for its cost discipline — a vote of confidence that may support long‑term investor sentiment. Cuggino likes Meta for cost discipline
- Neutral Sentiment: Analysts at Evercore flagged that large internet names (including Meta) may be oversold amid AI/geopolitical worries — this could imply a rebound if sentiment stabilizes. Amazon, Uber, and Other Internet Stocks Look Too Cheap After AI and Iran Worries
- Neutral Sentiment: Meta acquired Moltbook, a niche social network for AI agents — strategically relevant for agent research but commercially unproven; more of a signal on R&D direction than immediate revenue impact. Meta to acquire Moltbook, the social network for AI agents
- Negative Sentiment: Insider selling: COO Javier Olivan reduced holdings in recent SEC filings — such sizable insider disposals can spook short‑term investors even if routine. Insider sale filing
- Negative Sentiment: Regulatory risk: UK regulators and lawmakers are pressing big tech (including Meta) to do more to keep children off platforms — potential for stricter rules or compliance costs in key markets. UK watchdogs press Meta, TikTok, Snap and YouTube to block children
- Negative Sentiment: Public skepticism on costs: Commentary (e.g., Jim Cramer) asking why Meta retains ~78k employees if AI boosts productivity raises investor questions about future headcount, restructuring and near‑term cost cuts. Cramer: Why does Meta need 78,000 employees if AI makes them 10x more productive?
- Negative Sentiment: Market reaction note: coverage flagged that Meta fell more than the broader market on the latest session — signaling profit‑taking or short‑term risk aversion despite the strategic positives. Here’s Why Meta Platforms (META) Fell More Than Broader Market
Analyst Ratings Changes
A number of research firms have recently commented on META. Piper Sandler lifted their price target on shares of Meta Platforms from $840.00 to $880.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Wolfe Research reaffirmed an “outperform” rating and set a $850.00 price objective (up from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. Arete Research reiterated a “neutral” rating on shares of Meta Platforms in a research note on Thursday, March 5th. DA Davidson lifted their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, BMO Capital Markets boosted their target price on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a “market perform” rating in a research report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $844.44.
Check Out Our Latest Report on Meta Platforms
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.
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