Frank Rimerman Advisors LLC Has $29.76 Million Stock Position in Meta Platforms, Inc. $META

Frank Rimerman Advisors LLC raised its position in Meta Platforms, Inc. (NASDAQ:META) by 2.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,526 shares of the social networking company’s stock after purchasing an additional 946 shares during the quarter. Meta Platforms makes up approximately 1.9% of Frank Rimerman Advisors LLC’s holdings, making the stock its 11th biggest position. Frank Rimerman Advisors LLC’s holdings in Meta Platforms were worth $29,761,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in META. Norges Bank acquired a new position in shares of Meta Platforms during the 2nd quarter worth $23,155,393,000. Laurel Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 73,443.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after purchasing an additional 8,405,558 shares during the last quarter. State Street Corp boosted its holdings in 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 worth $64,158,971,000 after purchasing an additional 1,650,435 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares in the last quarter. Finally, Corient Private Wealth LLC increased its position in Meta Platforms by 103.5% during the second quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock worth $1,475,166,000 after buying an additional 1,016,667 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Big-capex boost: Meta’s plan to spend up to $135 billion in 2026 continues to be a major positive catalyst for investors who view it as funding AI, data centers and long‑term growth — the announcement previously drove a large share pop and is supporting bullish sentiment. META Pops 10% on $135b Capex Announcement
• Positive Sentiment: Institutional support: Diamond Hill Capital increased its stake, a signal that some money managers remain confident in Meta’s fundamentals and long‑run thesis. Institutional buying can underpin the stock even amid headline noise. Diamond Hill boosts stake
• Neutral Sentiment: AI/data center progress & deal activity: Reporting indicates an AI/data‑center deal is advancing while related corporate developments proceed — commercially positive but still distant from immediate revenue recognition. Child safety lawsuit proceeds as AI data center deal advances
• Neutral Sentiment: Reality Labs repositioning: Meta’s CTO called cuts to Reality Labs “a real cause for sadness” but reiterated the company remains bullish on VR — suggests management is reallocating capital toward higher‑growth AI and data infrastructure. Meta CTO on Reality Labs cuts
• Negative Sentiment: EU antitrust escalation: The European Commission has sent a statement of objections and signaled it may impose interim measures to stop Meta from blocking rival AI assistants on WhatsApp — a material regulatory risk that could weaken Meta’s AI distribution advantages in Europe and force product changes or fines. Meta has publicly criticised the move, but the threat of fast interim remedies increases near‑term uncertainty. EU threatens Meta with interim measure
• Negative Sentiment: Legal exposure in U.S. trials: Opening arguments began in high‑profile cases (New Mexico, LA) alleging addictive design and child‑safety failures; unsealed researcher documents alleging large numbers of exploited minors amplify reputational and litigation risk and could lead to damages or stricter regulation. These proceedings keep downside risk elevated for investors. Meta and YouTube Created ‘Digital Casinos,’ Lawyers Argue

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Thursday, January 29th. UBS Group restated a “buy” rating and issued a $872.00 target price (up from $830.00) on shares of Meta Platforms in a report on Thursday, January 29th. Raymond James Financial decreased their target price on Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a research report on Monday, January 26th. Wolfe Research reissued an “outperform” rating and issued a $850.00 price target (up previously from $800.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Erste Group Bank cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Four investment analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $847.40.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,610 shares of the firm’s stock in a transaction that occurred on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the completion of the sale, the chief operating officer owned 9,784 shares in the company, valued at approximately $5,962,956.64. This trade represents a 21.06% 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, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 88,370 shares in the company, valued at approximately $53,857,980.20. This represents a 7.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 38,561 shares of company stock worth $23,673,584. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Price Performance

NASDAQ:META opened at $677.37 on Tuesday. The stock has a market cap of $1.71 trillion, a P/E ratio of 28.82, a PEG ratio of 1.13 and a beta of 1.28. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a fifty day moving average price of $657.49 and a 200 day moving average price of $694.73. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.16 by $0.72. The company had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $8.02 EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were issued a $0.525 dividend. 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 8.94%.

Meta Platforms 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.