Cypress Point Wealth Management LLC Lowers Stake in Meta Platforms, Inc. $META

Cypress Point Wealth Management LLC lowered its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 36.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,774 shares of the social networking company’s stock after selling 2,155 shares during the period. Meta Platforms makes up 0.6% of Cypress Point Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. Cypress Point Wealth Management LLC’s holdings in Meta Platforms were worth $2,772,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after buying an additional 1,532,568 shares in the last quarter. State Street Corp raised its position in shares of Meta Platforms by 1.9% in the 2nd 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 during the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Meta Platforms by 1.3% in the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after buying an additional 682,768 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Meta Platforms during the second quarter valued at approximately $23,155,393,000. Institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on META shares. BNP Paribas began coverage on Meta Platforms in a research note on Monday, November 24th. They set an “outperform” rating and a $800.00 target price on the stock. DA Davidson set a $825.00 price objective on Meta Platforms in a report on Thursday, October 30th. Wells Fargo & Company decreased their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,117.00 price target on shares of Meta Platforms in a report on Friday, December 5th. Finally, Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $818.59.

Meta Platforms Stock Down 0.9%

Shares of META stock opened at $658.77 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The stock has a market cap of $1.66 trillion, a P/E ratio of 29.10, a P/E/G ratio of 1.39 and a beta of 1.28. The company has a 50 day simple moving average of $659.76 and a two-hundred day simple moving average of $707.02.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to analysts’ expectations of $49.34 billion. During the same quarter last year, the company posted $6.03 EPS. The company’s revenue was up 26.2% compared to the same quarter last year. On average, research analysts expect 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 will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 15th. Meta Platforms’s payout ratio is currently 9.28%.

Key Meta Platforms News

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

• Positive Sentiment: Meta is reported to be developing new multimodal AI — an image/video model codenamed “Mango” and a text model called “Avocado” targeted for H1‑2026, which could accelerate product differentiation and ad/engagement upgrades. Read More.
• Positive Sentiment: U.S. federal action on AI (an executive order to create a national AI framework) is being viewed as a net positive for Big Tech — it could reduce a patchwork of state rules and lower compliance complexity for large platforms like Meta. Read More.
• Neutral Sentiment: Wedbush trimmed its price target from $920 to $880 but kept an “outperform” rating — the cut tempers upside expectations but the firm still implies substantial upside vs. current levels. Read More.
• Negative Sentiment: Austrias Supreme Court ruled Meta’s personalized ad model unlawful and ordered sweeping user‑data access changes across the EU — this is a binding precedent that raises regulatory, compliance and revenue risk in Europe. Read More.
• Negative Sentiment: Several insiders (including General Counsel Jennifer Newstead and COO Javier Olivan) have sold blocks of shares in recent weeks — repeated insider sales can be perceived negatively by the market even if amounts are small relative to overall holdings. Read More. Read More.

Insider Buying and Selling

In other news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $646.00, for a total value of $333,982.00. Following the transaction, the chief operating officer owned 13,234 shares of the company’s stock, valued at $8,549,164. This trade represents a 3.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $646.00, for a total value of $374,680.00. Following the transaction, the director owned 6,167 shares of the company’s stock, valued at approximately $3,983,882. This trade represents a 8.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 42,074 shares of company stock worth $26,478,698. Corporate insiders own 13.61% of the company’s stock.

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.