Requisite Capital Management LLC Acquires 1,375 Shares of Meta Platforms, Inc. $META

Requisite Capital Management LLC raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 174.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,165 shares of the social networking company’s stock after purchasing an additional 1,375 shares during the period. Meta Platforms comprises 0.3% of Requisite Capital Management LLC’s portfolio, making the stock its 28th largest holding. Requisite Capital Management LLC’s holdings in Meta Platforms were worth $1,429,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in META. Westchester Capital Management Inc. bought a new stake in shares of Meta Platforms during the third quarter valued at approximately $26,000. Strategic Wealth Advisors LLC bought a new stake in shares of Meta Platforms during the fourth quarter valued at approximately $29,000. Key Capital Management INC bought a new stake in shares of Meta Platforms during the fourth quarter valued at approximately $48,000. Fairway Wealth LLC increased its position in shares of Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock valued at $51,000 after acquiring an additional 21 shares in the last quarter. Finally, Merrithew & Thorsten Inc bought a new stake in shares of Meta Platforms during the fourth quarter valued at approximately $52,000. Institutional investors own 79.91% of the company’s stock.

More Meta Platforms News

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

• Positive Sentiment: Investors are viewing Meta’s massive AI spending more favorably as analysts and market commentators argue the AI boom could last longer than expected, potentially strengthening the company’s competitive position. Article Title
• Positive Sentiment: Several recent pieces continue to frame Meta as a top long-term growth stock and a stock drawing increased investor attention, which can help reinforce bullish sentiment around the name. Article Title
• Neutral Sentiment: Meta is making a major workforce reduction in Washington state as part of a broader AI-driven restructuring, which may improve efficiency over time but also signals a significant internal reset. Article Title
• Neutral Sentiment: The company is also getting additional investor and public scrutiny around AI, jobs, and capital allocation, with commentary suggesting the market is still debating whether Meta’s heavy AI investment will pay off. Article Title
• Neutral Sentiment: JLens is urging shareholders to back a proposal demanding more transparency on content moderation, highlighting ongoing governance and brand-safety concerns ahead of the annual meeting. Article Title
• Negative Sentiment: The U.S. Supreme Court declined to hear Meta’s challenge to Vermont’s social media addiction lawsuit, keeping legal exposure alive in a case centered on alleged harms to young users. Article Title
• Negative Sentiment: Meta also faces a new lawsuit from Santa Clara County over allegedly scam-related AI ads, adding another regulatory and reputational overhang tied to ad practices and user safety. Article Title

Wall Street Analyst Weigh In

Several 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 research report on Thursday, January 29th. Arete Research reissued a “neutral” rating on shares of Meta Platforms in a research report on Thursday, March 5th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $725.00 price target (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Guggenheim reduced 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 Thursday, April 30th. Finally, Stifel Nicolaus reduced their price target on shares of Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Four investment 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $840.19.

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the transaction, the chief technology officer owned 414 shares in the company, valued at $251,641.62. This trade represents a 94.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction on Monday, May 18th. The stock was sold at an average price of $609.35, for a total transaction of $510,025.95. Following the transaction, the chief operating officer owned 14,660 shares in the company, valued at $8,933,071. This represents a 5.40% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 95,471 shares of company stock worth $60,616,955. 13.53% of the stock is owned by insiders.

Meta Platforms Trading Up 0.3%

Shares of META stock opened at $612.34 on Wednesday. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average is $617.09 and its 200 day moving average is $636.70. The stock has a market capitalization of $1.55 trillion, a P/E ratio of 22.26, a P/E/G ratio of 1.08 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. During the same quarter last year, the company posted $6.43 earnings per share. The firm’s quarterly revenue was up 33.1% on a year-over-year basis. Research analysts expect that Meta Platforms, Inc. will post 29.49 earnings per share for the current year.

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.