Meta Platforms, Inc. $META Position Lessened by Congress Asset Management Co.

Congress Asset Management Co. lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 339,671 shares of the social networking company’s stock after selling 1,623 shares during the quarter. Meta Platforms makes up 1.7% of Congress Asset Management Co.’s portfolio, making the stock its 6th biggest position. Congress Asset Management Co.’s holdings in Meta Platforms were worth $249,447,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in META. Brighton Jones LLC lifted its holdings in Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd lifted its stake in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after purchasing an additional 112,000 shares during the period. Anson Funds Management LP bought a new stake in shares of Meta Platforms during the first quarter valued at approximately $1,153,000. Finally, Apexium Financial LP boosted its position in shares of Meta Platforms by 7.7% during the first quarter. Apexium Financial LP now owns 4,816 shares of the social networking company’s stock valued at $2,776,000 after purchasing an additional 344 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on META. Erste Group Bank lowered Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Morgan Stanley lowered their price target on shares of Meta Platforms from $820.00 to $750.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Wells Fargo & Company cut their price objective on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Finally, Mizuho lowered their target price on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $818.59.

Meta Platforms Trading Up 0.4%

NASDAQ:META opened at $661.50 on Tuesday. The stock has a market cap of $1.67 trillion, a price-to-earnings ratio of 29.22, a PEG 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 company’s 50 day moving average price is $658.67 and its 200-day moving average price is $707.27. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, beating the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s revenue was up 26.2% compared to the same quarter last year. During the same period last year, the business posted $6.03 EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th will be issued a dividend of $0.525 per share. 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 (DPR) is presently 9.28%.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Ads Uploader (a third‑party SaaS for scaling Facebook/Instagram campaigns) exits public beta with users in ~30 countries — a signal of growing demand for Meta ad infrastructure and potential to boost ad spend/retention among agencies and brands. Ad Launching Platform Ads Uploader Exits Beta with Users in 30 Countries
• Positive Sentiment: Reports that Meta is preparing a new “Mango” AI model in addition to previously reported models (Avocado) reinforce the company’s pipeline in generative AI — a key growth and ad-monetization catalyst that investors reward. Get Ready for a Fruity Facebook as Meta Preps New Mango AI Model
• Positive Sentiment: Ongoing bullish analyst commentary and media pieces rank Meta among top megacap AI beneficiaries and candidates for further market-cap upside, supporting sentiment that current valuation still has upside if AI boosts ad effectiveness and user engagement. Prediction: These 3 Stocks Will Join the $3 Trillion Club in 2026
• Neutral Sentiment: Technical analysis notes META testing a rising trendline with momentum cooling below resistance near $675 — suggests cautious near-term price action until a clear technical breakout or breakdown. Meta Stock Tests Rising Trendline As Momentum Cools Below $675 Resistance
• Neutral Sentiment: Several articles discuss investor interest, option strategies (FBY high‑yield play), and broader commentary on tech/AI — useful for traders but not company-specific catalysts. FBY: A High-Yield Option Play On Meta Platforms
• Negative Sentiment: Wedbush trimmed its price target on META to $880 from $920, a modestly bearish signal from a sell‑side firm that could pressure sentiment among target‑sensitive investors. Wedbush slashes PT on Meta Platforms (META) to $880 from $920
• Negative Sentiment: Insider selling disclosed: Jennifer Newstead sold ~519 shares (~$333k) at an average ~$643 — not large relative to Meta’s market cap but can be read as a small negative signal by some investors. Insider Selling: Meta Platforms (NASDAQ:META) Insider Sells $333,836.37 in Stock

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $646.00, for a total transaction of $374,680.00. Following the transaction, the director owned 6,167 shares in the company, valued at $3,983,882. This represents a 8.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $643.23, for a total transaction of $333,836.37. Following the transaction, the insider directly owned 29,696 shares in the company, valued at $19,101,358.08. This represents a 1.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 41,038 shares of company stock valued at $25,675,535. Insiders own 13.61% of the company’s stock.

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.