Meridian Wealth Management LLC decreased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 9.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 31,468 shares of the social networking company’s stock after selling 3,164 shares during the period. Meta Platforms comprises about 0.9% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding. Meridian Wealth Management LLC’s holdings in Meta Platforms were worth $23,109,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Goldstone Financial Group LLC grew its holdings 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 valued at $2,756,000 after acquiring an additional 1,153 shares in the last quarter. CW Advisors LLC grew its stake in Meta Platforms by 27.8% in the second quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock valued at $130,467,000 after purchasing an additional 38,432 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Meta Platforms by 11.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock worth $155,387,000 after purchasing an additional 20,912 shares during the last quarter. Stephens Inc. AR raised its stake in shares of Meta Platforms by 5.6% during the 2nd quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after purchasing an additional 4,473 shares in the last quarter. Finally, Motiv8 Investments LLC lifted its holdings in shares of Meta Platforms by 11.5% during the 2nd quarter. Motiv8 Investments LLC now owns 2,080 shares of the social networking company’s stock valued at $1,535,000 after buying an additional 214 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Meta Platforms
In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was 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. This represents a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 of the company’s stock, valued at $5,962,956.64. This represents a 21.06% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 38,561 shares of company stock worth $23,673,584. Insiders own 13.61% of the company’s stock.
Meta Platforms Stock Performance
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating the consensus estimate of $8.16 by $0.72. The company had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.Meta Platforms’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period in the prior year, the business earned $8.02 earnings per share. On average, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio (DPR) is currently 8.94%.
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
Analyst Ratings Changes
META has been the topic of a number of research reports. BNP Paribas Exane initiated coverage on Meta Platforms in a report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price objective on the stock. Wolfe Research reaffirmed an “outperform” rating and issued a $850.00 price objective (up previously from $800.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Rosenblatt Securities upped their price objective on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. UBS Group restated a “buy” rating and set a $872.00 target price (up from $830.00) on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $847.40.
Read Our Latest Research Report on Meta Platforms
About Meta Platforms
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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