Retirement Planning Group LLC grew its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 76.2% in the third quarter, HoldingsChannel.com reports. The firm owned 3,389 shares of the social networking company’s stock after acquiring an additional 1,466 shares during the period. Retirement Planning Group LLC’s holdings in Meta Platforms were worth $2,489,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldstone Financial Group LLC lifted its stake in shares of Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock worth $2,756,000 after acquiring an additional 1,153 shares during the last quarter. Spirepoint Private Client LLC grew its holdings in Meta Platforms by 2.7% in the second quarter. Spirepoint Private Client LLC now owns 4,080 shares of the social networking company’s stock worth $3,011,000 after purchasing an additional 109 shares during the last quarter. Diversify Advisory Services LLC increased its holdings in shares of Meta Platforms by 10.4% during the second quarter. Diversify Advisory Services LLC now owns 55,431 shares of the social networking company’s stock valued at $43,790,000 after acquiring an additional 5,224 shares in the last quarter. CW Advisors LLC lifted its stake in shares of Meta Platforms by 27.8% during the second quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock worth $130,467,000 after buying an additional 38,432 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Meta Platforms by 11.0% in the second quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock valued at $155,387,000 after purchasing an additional 20,912 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction dated Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the transaction, the chief financial officer owned 88,370 shares of the company’s stock, valued at approximately $53,857,980.20. The trade was a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total value of $429,501.60. Following the completion of the transaction, the chief accounting officer owned 6,035 shares of the company’s stock, valued at $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,115 shares of company stock worth $24,741,055 in the last ninety days. Insiders own 13.61% of the company’s stock.
Meta Platforms Trading Up 1.5%
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $6.03 earnings per share. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 9.28%.
Analyst Ratings Changes
A number of research analysts have issued reports on META shares. Truist Financial decreased their price target on Meta Platforms from $900.00 to $875.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Mizuho decreased their target price on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Robert W. Baird decreased their price objective on shares of Meta Platforms from $820.00 to $815.00 and set an “outperform” rating for the company in a research report on Tuesday, December 23rd. Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Jefferies Financial Group dropped their price target on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $821.55.
Get Our Latest Stock Analysis on META
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta will begin showing ads on Threads globally next week — Threads has passed ~400M users and data suggests rapid DAU growth versus X; global ad availability is a direct near‑term revenue catalyst as the company starts to monetize that audience. Meta to begin rolling out Threads ads globally
- Positive Sentiment: Meta’s new AI lab (Superintelligence Labs) has delivered its first in‑house models, per the CTO — this progress supports product differentiation, reduces dependency on third‑party models, and improves the narrative around AI ROI for Meta’s heavy capex. Exclusive: Meta’s new AI team has delivered first key models
- Positive Sentiment: Oklo’s stock upgrade highlights Meta’s agreement to use advanced nuclear power for data centers — a multi‑year, binding energy supply deal could lower long‑term data‑center energy costs and improve sustainability credentials. Oklo Stock Upgraded to Buy. Meta Nuclear Deal Is a ‘Meaningful Step Forward.
- Neutral Sentiment: UBS trimmed its price target (from $915 to $830) but kept a buy rating — analysts still see upside, though the lowered target highlights ongoing uncertainty around timing/returns of AI investments. UBS lowers META price target
- Neutral Sentiment: Meta cut ~1,500 Reality Labs roles and reported additional smaller layoffs — a cost‑reduction move that trims losses in non‑core metaverse projects but signals scaling back of prior bets. Meta lays off 331 workers in Washington state
- Negative Sentiment: The FTC will appeal its loss in the antitrust case over Instagram and WhatsApp — renewed legal risk keeps a regulatory overhang that could drive volatility and potential future remedies. FTC will appeal ruling in Meta antitrust case
- Negative Sentiment: Some customers left Manus after Meta’s ~$2B acquisition — customer attrition and privacy concerns around the buy create execution and reputational risk for Meta’s AI push. Meta’s $2 billion Manus deal pushes away some customers
- Negative Sentiment: UK regulator alleges Meta profited from illegal gambling ads — another regulatory/PR headwind that could prompt stricter oversight or fines in key markets. Britain accuses Meta of profiting from illegal gambling ads
- Negative Sentiment: Insider sale: a director sold 580 shares (filed disclosure) — small size but sometimes taken by investors as a modest negative signal. Insider filing: Kimmitt sale
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.
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