Meta Platforms, Inc. $META Stock Position Raised by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. grew its position in Meta Platforms, Inc. (NASDAQ:META) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,950 shares of the social networking company’s stock after purchasing an additional 7,330 shares during the quarter. Meta Platforms comprises approximately 3.6% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 6th biggest position. Nippon Life Global Investors Americas Inc.’s holdings in Meta Platforms were worth $91,336,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in META. Bill Few Associates Inc. increased its position in Meta Platforms by 1.3% during the 3rd quarter. Bill Few Associates Inc. now owns 1,206 shares of the social networking company’s stock worth $874,000 after buying an additional 15 shares during the period. Value Partners Investments Inc. boosted its position in shares of Meta Platforms by 1.8% in the third quarter. Value Partners Investments Inc. now owns 866 shares of the social networking company’s stock valued at $630,000 after acquiring an additional 15 shares during the period. CWS Financial Advisors LLC boosted its position in shares of Meta Platforms by 1.7% in the first quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company’s stock valued at $564,000 after acquiring an additional 16 shares during the period. Tenzing Financial LLC grew its stake in shares of Meta Platforms by 1.3% in the second quarter. Tenzing Financial LLC now owns 1,210 shares of the social networking company’s stock valued at $726,000 after acquiring an additional 16 shares in the last quarter. Finally, Uptown Financial Advisors LLC increased its position in Meta Platforms by 1.3% during the second quarter. Uptown Financial Advisors LLC now owns 1,273 shares of the social networking company’s stock worth $717,000 after acquiring an additional 16 shares during the period. Institutional investors own 79.91% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Spaces, a collaboration feature for its Muse AI agents, following the rollout of Muse Voice. The new offerings may help strengthen user engagement and expand Meta’s consumer AI ecosystem. Meta introduces Spaces
• Positive Sentiment: Recent earnings commentary points to AI supporting Meta’s advertising operations, reinforcing the potential for the company’s AI investments to generate revenue. Takeaways from recent earnings
• Neutral Sentiment: Meta paused planned updates to its terms and is keeping existing rules in place. The move avoids an immediate policy change, though the underlying issues remain unresolved. Meta pauses planned terms updates
• Neutral Sentiment: Plans for new nonvoting Class C shares have been described as effectively creating a 2-for-1 split. A split changes the number of shares, but does not by itself change the company’s underlying value; the structure preserves Mark Zuckerberg’s voting control. Is Meta Platforms next for a stock split?
• Negative Sentiment: Meta and other platforms sued to block California restrictions on social-media features for users under 16. The case adds regulatory uncertainty and potential legal costs. Platforms sue over California teen social-media law
• Negative Sentiment: Meta warned that political backlash and possible limits on data-center construction could complicate its AI expansion. Its $15 billion senior-notes offering also highlights the scale of financing required for investment. Data-center expansion concerns
• Negative Sentiment: Reported ETF net selling and insider share sales may add short-term pressure, although the disclosed insider transaction was made under a pre-arranged trading plan. ETFs are net sellers of Meta Platforms

Wall Street Analysts Forecast Growth

Several analysts have weighed in on META shares. Weiss Ratings upgraded shares of Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Tigress Financial restated a “strong-buy” rating and set a $945.00 target price (down from $995.00) on shares of Meta Platforms in a research report on Thursday, September 24th. Rothschild & Co Redburn raised their target price on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Pivotal Research lifted their price target on shares of Meta Platforms from $930.00 to $960.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Finally, DZ Bank reissued a “buy” rating on shares of Meta Platforms in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $833.12.

Meta Platforms Price Performance

Shares of NASDAQ:META traded up $5.07 during midday trading on Friday, hitting $610.15. The stock had a trading volume of 15,673,971 shares, compared to its average volume of 23,359,418. The company’s 50-day moving average price is $674.97 and its 200-day moving average price is $632.16. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $1.56 trillion, a P/E ratio of 20.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.86. The business had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The firm’s revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter last year, the business posted $7.25 EPS. As a group, equities research analysts predict that Meta Platforms, Inc. will post 29.01 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were issued a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is currently 7.16%.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 946 shares of Meta Platforms stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $614.15, for a total value of $580,985.90. Following the transaction, the chief operating officer owned 4,094 shares in the company, valued at approximately $2,514,330.10. This trade represents a 18.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 151,090 shares of company stock valued at $103,150,807. Company insiders own 13.53% of the company’s stock.

Meta Platforms Profile

Meta Platforms, Inc is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world.

The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.

Founded in 2004 as Facebook by Mark Zuckerberg and fellow students, the company changed its name to Meta Platforms in 2021 to reflect its broader focus on building social technologies and immersive digital experiences.