Norden Group LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 32.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,212 shares of the social networking company’s stock after acquiring an additional 3,956 shares during the quarter. Meta Platforms accounts for 1.2% of Norden Group LLC’s holdings, making the stock its 11th biggest position. Norden Group LLC’s holdings in Meta Platforms were worth $11,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of the company. Bare Financial Services Inc bought a new position in shares of Meta Platforms during the second quarter worth $30,000. Evergreen Private Wealth LLC raised its stake in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after buying an additional 38 shares during the period. Briaud Financial Planning Inc bought a new position in Meta Platforms during the second quarter worth about $42,000. Knuff & Co LLC bought a new position in Meta Platforms during the second quarter worth about $44,000. Finally, WFA Asset Management Corp grew its stake in 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 acquiring an additional 20 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Meta Platforms
In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $659.38, for a total value of $342,218.22. Following the completion of the sale, the insider owned 29,177 shares of the company’s stock, valued at approximately $19,238,730.26. This represents a 1.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $661.11, for a total transaction of $341,793.87. Following the transaction, the chief operating officer owned 12,717 shares in the company, valued at approximately $8,407,335.87. The trade was a 3.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 41,557 shares of company stock worth $25,972,459 in the last 90 days. Corporate insiders own 13.61% of the company’s stock.
Meta Platforms Stock Down 0.6%
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter last year, the company earned $6.03 EPS. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Dividend Announcement
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 dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is 9.28%.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the company. Zacks Research lowered Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Bank of America lowered their target price on Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Finally, Arete Research set a $718.00 price objective on shares of Meta Platforms in a report on Thursday, December 4th. 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $820.22.
View Our Latest Research Report on Meta Platforms
Key Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Company-level AI product roadmap — reports say Meta will ship two major AI products in 2026 (including a next‑gen large language model called “Avocado”), which could boost engagement, ad targeting and new monetization avenues. Meta Platforms (META) Set to Release Two New AI Developments in 2026
- Positive Sentiment: AI-driven upside narratives remain strong — analysts and feature pieces peg Meta alongside other AI winners (Nvidia, Tesla, Broadcom) as a candidate to re‑rate toward the largest market caps as AI adoption accelerates. This sustains bullish investor expectations around long‑term growth. Prediction: This AI Stock Could Be the First New $2 Trillion Company in 2026
- Positive Sentiment: Potential stock split chatter — commentary highlights that a split could increase liquidity and broaden retail participation if management pursues it, a catalyst that often lifts demand for large‑cap tech shares. The Next Stock-Split Stock That Could Make You Rich
- Positive Sentiment: Hardware/AR optionality — long‑form investor pieces note Meta’s continued dominance in social networks while pushing into AI glasses/AR hardware, an adjacent revenue stream that could meaningfully expand monetization over time. Investing in These 3 Millionaire-Maker Stocks Right Now Could Set You Up for Life
- Neutral Sentiment: Blockchain ecosystem commentary — commentary on Ethereum vs Solana growth dynamics underscores broader tokenization and on‑chain activity trends; indirect for Meta unless it accelerates Web3 initiatives, so near‑term impact is uncertain. Dragonfly Partner: Ethereum and Solana Will Coexist Like Two Facebooks
- Neutral Sentiment: Cultural/usage commentary — pieces about “analog refuges” and changing user habits are interesting context but don’t point to an immediate revenue or cost swing for Meta. ‘The past gives comfort’: Finding refuge on analog islands amid deepening digital seas
- Negative Sentiment: Ad quality and scam ad allegations — reporting and internal documents cited in analysis claim Facebook hosts a disproportionate share of scam ads and suggest Meta may have profited significantly from them (~$16B projected). That raises regulatory, reputational and potential ad‑policy risks that can pressure valuation. The $16 Billion Question Haunting Mark Zuckerberg
- Negative Sentiment: Legal/settlement cost — AARP reached a $12.5M settlement over alleged data sharing with Facebook; while the dollar amount is small vs. Meta’s revenue, it adds to the stream of privacy/legal issues that create headline risk and potential regulatory scrutiny. AARP Settles $12.5 Million Class Action Over Sharing With Facebook
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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