Joel Isaacson & Co. LLC Purchases 3,302 Shares of Meta Platforms, Inc. $META

Joel Isaacson & Co. LLC grew its position in Meta Platforms, Inc. (NASDAQ:META) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,738 shares of the social networking company’s stock after acquiring an additional 3,302 shares during the period. Meta Platforms accounts for 1.2% of Joel Isaacson & Co. LLC’s portfolio, making the stock its 18th largest holding. Joel Isaacson & Co. LLC’s holdings in Meta Platforms were worth $36,792,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Meta Platforms by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares in the last quarter. State Street Corp increased its holdings in shares of Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Meta Platforms in the third quarter valued at approximately $1,191,175,000. Concentrum Wealth Management increased its holdings in shares of Meta Platforms by 948.7% in the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock valued at $913,000 after purchasing an additional 1,124,998 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Meta Platforms by 209.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock valued at $314,340,000 after purchasing an additional 824,276 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Several analysts remain bullish on Meta Platforms, with recent notes from firms like BofA and Erste Group lifting earnings estimates or price targets after strong Q1 results, reinforcing expectations for meaningful upside. Article Title
• Positive Sentiment: Meta’s AI push is drawing attention as the company reportedly works on AI agents and improved models like Muse Spark, which could support new products and future monetization opportunities. Article Title
• Neutral Sentiment: Commentary pieces continue to frame Meta as an important AI and large-cap tech name, but these are mostly opinion-driven and do not add new fundamental information for the stock. Article Title
• Neutral Sentiment: Meta was also mentioned in a deal roundup about acquiring Assured Robot Intelligence, but the report provided little detail, so the market impact is unclear. Article Title
• Negative Sentiment: Reports highlighting employee dissatisfaction and impending layoffs suggest Meta’s AI transformation is creating internal friction, while also reminding investors that the company’s AI ambitions come with higher costs. Article Title
• Negative Sentiment: Investor concern remains centered on Meta’s enormous 2026 capex plan, estimated at $125 billion to $145 billion, which is fueling fears that profitability could come under pressure before AI investments pay off. Article Title

Analysts Set New Price Targets

A number of brokerages recently weighed in on META. Jefferies Financial Group raised their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company raised their price target on shares of Meta Platforms from $765.00 to $770.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Canaccord Genuity Group raised their price target on shares of Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Truist Financial lowered their price target on shares of Meta Platforms from $900.00 to $840.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $840.31.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, May 4th. The shares were sold at an average price of $607.74, for a total transaction of $562,767.24. Following the transaction, the chief operating officer directly owned 7,779 shares of the company’s stock, valued at $4,727,609.46. This trade represents a 10.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 on Wednesday, April 15th. The stock was 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. This represents 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 have sold a total of 167,676 shares of company stock valued at $107,299,848 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

META opened at $609.63 on Monday. The company has a fifty day moving average price of $627.67 and a two-hundred day moving average price of $645.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The firm has a market capitalization of $1.54 trillion, a PE ratio of 22.16, a P/E/G ratio of 1.07 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the business earned $6.43 EPS. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, analysts anticipate that Meta Platforms, Inc. will post 29.68 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm 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 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s payout ratio is currently 7.63%.

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.