Perkins Coie Trust Co Has $7.71 Million Stake in Meta Platforms, Inc. $META

Perkins Coie Trust Co lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,492 shares of the social networking company’s stock after purchasing an additional 977 shares during the quarter. Meta Platforms accounts for about 1.4% of Perkins Coie Trust Co’s portfolio, making the stock its 19th biggest position. Perkins Coie Trust Co’s holdings in Meta Platforms were worth $7,705,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Princeton Global Asset Management LLC increased its stake in Meta Platforms by 11.1% during the 3rd quarter. Princeton Global Asset Management LLC now owns 5,853 shares of the social networking company’s stock worth $4,298,000 after purchasing an additional 583 shares in the last quarter. Breakthru Advisory Services LLC acquired a new position in shares of Meta Platforms in the third quarter valued at approximately $1,140,000. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Meta Platforms by 0.5% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 37,138 shares of the social networking company’s stock valued at $27,273,000 after buying an additional 194 shares during the period. Prentice Wealth Management LLC increased its position in shares of Meta Platforms by 3.4% during the third quarter. Prentice Wealth Management LLC now owns 1,818 shares of the social networking company’s stock worth $1,335,000 after acquiring an additional 60 shares in the last quarter. Finally, Kennebec Savings Bank raised its holdings in shares of Meta Platforms by 1.1% during the third quarter. Kennebec Savings Bank now owns 1,430 shares of the social networking company’s stock worth $1,050,000 after acquiring an additional 16 shares during the period. Institutional investors own 79.91% of the company’s stock.

Insider Activity

In other Meta Platforms news, CTO Andrew Bosworth sold 11,690 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total value of $6,935,793.90. Following the sale, the chief technology officer owned 2,415 shares in the company, valued at $1,432,843.65. This represents a 82.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $643.23, for a total value of $333,836.37. Following the transaction, the insider owned 29,696 shares of the company’s stock, valued at $19,101,358.08. This represents a 1.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 41,557 shares of company stock valued at $26,074,750. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on META. Benchmark lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Bank of America dropped their target price on Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Morgan Stanley cut their target price on Meta Platforms from $820.00 to $750.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Finally, Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $818.59.

More 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.

Meta Platforms Trading Down 0.9%

Shares of Meta Platforms stock opened at $658.77 on Monday. 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 1.38 and a beta of 1.28. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $659.76 and its 200-day moving average is $707.43.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $49.34 billion. During the same period last year, the business earned $6.03 earnings per share. The firm’s revenue was up 26.2% on a year-over-year basis. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th will be issued a $0.525 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 is Monday, December 15th. Meta Platforms’s dividend payout ratio is presently 9.28%.

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.