Corsicana & Co. acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 793 shares of the social networking company’s stock, valued at approximately $582,000.
Other large investors also recently made changes to their positions in the company. Bare Financial Services Inc acquired a new position in shares of Meta Platforms during the 2nd quarter worth about $30,000. Evergreen Private Wealth LLC grew its holdings in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the period. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the second quarter worth approximately $42,000. Knuff & Co LLC bought a new stake in Meta Platforms in the second quarter valued at approximately $44,000. Finally, WFA Asset Management Corp lifted its position in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insiders Place Their Bets
In other news, COO Javier Olivan sold 2,610 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 $1,590,690.60. Following the completion of the transaction, the chief operating officer directly owned 9,784 shares in the company, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 600 shares of Meta Platforms stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the completion of the transaction, the director directly owned 7,347 shares in the company, valued at $4,476,894.45. This trade represents a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 42,074 shares of company stock valued at $26,359,548 over the last 90 days. 13.61% of the stock is owned by company insiders.
Key Meta Platforms News
- Positive Sentiment: Baird reaffirmed an “Outperform” rating on META and kept a high price target (trimmed slightly to $815), signaling continued analyst confidence in ad recovery and AI-driven margin upside. Article Title
- Positive Sentiment: Multiple outlets report analysts remain generally bullish on Meta heading into 2026, supporting demand for shares as investors position for AI monetization and ad strength. Article Title
- Positive Sentiment: Product/AI momentum: reports of a new “Mango” AI model and a software update improving noise reduction for Meta’s AI glasses bolster prospects for differentiated AI features that can lift user engagement and ad effectiveness. Article Title Article Title
- Neutral Sentiment: Ad product execution: Ads Uploader exiting beta in 30 countries could improve ad operations for agencies (incremental revenue/enhanced ad spend efficiency), but impact will be gradual. Article Title
- Neutral Sentiment: Technical/market commentary notes momentum cooling below resistance around $675 — useful for short‑term traders but not a direct fundamental change. Article Title
- Negative Sentiment: Two insider sales were filed this week: Jennifer Newstead sold 519 shares and COO Javier Oliván sold 517 shares — small dollar amounts relative to insider holdings but sometimes interpreted negatively by short‑term traders. Newstead SEC Filing Oliván SEC Filing
- Negative Sentiment: Product/policy headwinds: reports that Meta is testing pay‑walls for URLs in Facebook posts and limiting links could hurt creators and small business marketers, a potential risk to engagement and ad demand if widespread. Article Title Article Title
- Negative Sentiment: Reputational risk: FTC data highlights $65M in rental scams since 2020 that often originate on Facebook, reminding investors of regulatory and trust issues that could pressure engagement or attract enforcement. Article Title
Meta Platforms Stock Performance
Shares of NASDAQ:META opened at $664.94 on Wednesday. The company’s 50 day moving average price is $657.80 and its two-hundred day moving average price is $707.04. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market cap of $1.68 trillion, a PE ratio of 29.37, 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.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same quarter in the prior year, the business posted $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were given a $0.525 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on META shares. Oppenheimer lowered Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. BNP Paribas started coverage on shares of Meta Platforms in a report on Monday, November 24th. They set an “outperform” rating and a $800.00 target price for the company. The Goldman Sachs Group reiterated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Finally, Roth Capital reissued a “buy” rating on shares of Meta Platforms in a report on Thursday, October 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $820.22.
Meta Platforms Company 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.
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