InTrack Investment Management Inc Purchases 1,127 Shares of Meta Platforms, Inc. $META

InTrack Investment Management Inc grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 33.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 4,532 shares of the social networking company’s stock after acquiring an additional 1,127 shares during the period. Meta Platforms comprises about 2.0% of InTrack Investment Management Inc’s holdings, making the stock its 12th largest holding. InTrack Investment Management Inc’s holdings in Meta Platforms were worth $3,328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Alpine Bank Wealth Management boosted its position in shares of Meta Platforms by 0.3% during the third quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares in the last quarter. Abacus Planning Group Inc. boosted its holdings in shares of Meta Platforms by 1.1% during the 3rd quarter. Abacus Planning Group Inc. now owns 3,846 shares of the social networking company’s stock valued at $2,825,000 after buying an additional 41 shares in the last quarter. Gateway Investment Advisers LLC grew its position in shares of Meta Platforms by 37.1% in the 3rd quarter. Gateway Investment Advisers LLC now owns 573,676 shares of the social networking company’s stock worth $421,296,000 after buying an additional 155,391 shares during the period. Winthrop Advisory Group LLC increased its stake in shares of Meta Platforms by 4.1% in the 3rd quarter. Winthrop Advisory Group LLC now owns 7,794 shares of the social networking company’s stock worth $5,724,000 after acquiring an additional 305 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC lifted its position in Meta Platforms by 4.3% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 52,151 shares of the social networking company’s stock valued at $38,299,000 after acquiring an additional 2,138 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In other news, CAO Aaron Anderson sold 726 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $429,501.60. Following the transaction, the chief accounting officer directly owned 6,035 shares of the company’s stock, valued at $3,570,306. This represents a 10.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert M. Kimmitt sold 600 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $609.35, for a total value of $365,610.00. Following the completion of the transaction, the director owned 7,347 shares in the company, valued at approximately $4,476,894.45. This trade represents a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,555 shares of company stock valued at $25,869,502 over the last quarter. 13.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. UBS Group upped their price objective on shares of Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. BNP Paribas Exane began coverage on Meta Platforms in a research note on Monday, November 24th. They issued an “outperform” rating and a $800.00 price target on the stock. Royal Bank Of Canada lowered their price objective on Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Guggenheim dropped their target price on Meta Platforms from $875.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Jefferies Financial Group reduced their price target on Meta Platforms from $950.00 to $910.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $822.89.

Meta Platforms Trading Up 1.1%

Shares of NASDAQ:META opened at $653.06 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a market cap of $1.65 trillion, a P/E ratio of 28.85, a PEG ratio of 1.29 and a beta of 1.29. The stock’s fifty day moving average price is $641.26 and its 200-day moving average price is $703.56.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the company earned $6.03 EPS. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. Sell-side 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 disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s payout ratio is presently 9.28%.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Secured multi‑gigawatt nuclear power deals (Vistra, TerraPower, Oklo) to supply Meta’s Prometheus AI data center — long‑dated agreements help lock in reliable, low‑carbon capacity for heavy AI compute and reduce power‑supply risk for future growth. Meta strikes nuclear power agreements with three companies
• Positive Sentiment: Nuclear deals receive broad coverage (TechCrunch, Bloomberg) and have already lifted shares of partners (Oklo, Vistra) — a signal markets view the agreements as material to Meta’s AI infrastructure buildout and future margins. Meta signs deals with three nuclear companies for 6+ GW
• Positive Sentiment: Strong demand signals for Meta’s Ray‑Ban Display AI glasses — company paused international rollout because U.S. demand outstripped limited inventory, which supports upside for Reality Labs if Meta can scale production. Meta’s New AI Glasses See “Unprecedented Demand”
• Neutral Sentiment: Analyst activity mixed but constructive: some price targets trimmed (Guggenheim lowered its target) yet many firms retain Buy/Outperform views given AI growth and healthy fundamentals — watch updates for guidance impact. Guggenheim price target note
• Negative Sentiment: Regulatory risk in China — Beijing announced a probe/assessment of Meta’s ~$2B Manus acquisition to check export/security compliance; this creates near‑term transaction uncertainty and geopolitical headline risk. China to assess/investigate Manus deal
• Negative Sentiment: Insider selling: COO Javier Oliván disclosed small, regular share sales — routine but sometimes interpreted by market participants as a mild near‑term negative signal. SEC filing: Javier Oliván sale

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.