Adams Diversified Equity Fund Inc. Has $90.70 Million Stake in Meta Platforms, Inc. $META

Adams Diversified Equity Fund Inc. decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,500 shares of the social networking company’s stock after selling 2,000 shares during the period. Meta Platforms accounts for about 3.1% of Adams Diversified Equity Fund Inc.’s investment portfolio, making the stock its 6th largest position. Adams Diversified Equity Fund Inc.’s holdings in Meta Platforms were worth $90,696,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in META. Bare Financial Services Inc purchased a new position in Meta Platforms during the 2nd quarter valued at approximately $30,000. Evergreen Private Wealth LLC lifted its holdings in shares of Meta Platforms by 237.5% in 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 purchased a new position in Meta Platforms during the 2nd quarter valued at about $42,000. Knuff & Co LLC bought a new stake in Meta Platforms during the 2nd quarter valued at $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 purchasing an additional 20 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Analyst bullishness — TD Cowen raised its price target on META to $820 and kept a Buy rating, giving investors a near‑term valuation upside narrative amid the recent pullback. Benzinga: TD Cowen price target
• Positive Sentiment: Stronger commercial demand for Ray‑Ban Meta smart glasses — Meta and EssilorLuxottica are reportedly discussing doubling production capacity (10M→20M units, with upside to 30M) this year, signaling product-market fit for AI wearables and potential revenue growth outside advertising. Reuters: doubling Ray‑Ban output
• Positive Sentiment: Executive hire to drive AI strategy — Meta named Dina Powell McCormick as president and vice chair to help steer its AI and infrastructure buildout, a governance move investors see as strengthening execution. Reuters: Dina Powell McCormick joins Meta
• Neutral Sentiment: Strategic repositioning in Reality Labs — Wedbush views the cuts and resource reallocation as a discipline shift toward consumer wearables (and away from broad metaverse bets), which could improve capital efficiency but delays returns. ProactiveInvestors: Wedbush on Reality Labs cuts
• Neutral Sentiment: Energy/infrastructure play — Meta’s Meta Compute and deals (including the Oklo prepayment) to secure gigawatt‑scale baseload power are a long‑term moat for AI scale but lock in very large capex outlays and long timelines. MarketBeat: Meta energy strategy / Oklo
• Negative Sentiment: Reality Labs job cuts and restructuring — Reports say Meta will cut ~10–15% of Reality Labs (1,000–1,500 jobs) as it shifts from VR/metaverse projects to AI wearables; this highlights past capital waste and near‑term restructuring costs that weigh on sentiment. Fox Business: Reality Labs cuts
• Negative Sentiment: CapEx and execution concerns — Meta continues to plan massive capex (Meta Compute, data centers, nuclear prepayments). Some investors fear the pace/scale of spending and execution risk, and high-profile critics (e.g., Michael Burry commentary) amplify downside pressure. Benzinga: Michael Burry critique
• Negative Sentiment: Regulatory noise — Brazil’s antitrust suspension of a WhatsApp policy and Australia account‑removal/teen‑ban issues add jurisdictional regulatory risk that could create headline volatility. TechCrunch: Brazil WhatsApp order

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $658.69, for a total transaction of $341,860.11. Following the transaction, the insider directly owned 28,658 shares of the company’s stock, valued at approximately $18,876,738.02. This trade represents a 1.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $650.41, for a total value of $336,261.97. Following the sale, the chief operating officer directly owned 11,683 shares of the company’s stock, valued at approximately $7,598,740.03. This represents a 4.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 40,054 shares of company stock valued at $24,799,940 over the last ninety days. Insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $631.09 on Wednesday. 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 firm has a market cap of $1.59 trillion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 1.27 and a beta of 1.29. The company’s 50 day moving average is $641.42 and its two-hundred day moving average is $702.20. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 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 during the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the company posted $6.03 earnings per share. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. On average, research analysts expect 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 paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio is currently 9.28%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Arete Research set a $718.00 target price on Meta Platforms in a research note on Thursday, December 4th. DA Davidson set a $825.00 price target on Meta Platforms in a research report on Thursday, October 30th. Citizens Jmp reiterated an “outperform” rating and set a $900.00 price target (up previously from $750.00) on shares of Meta Platforms in a research report on Monday, November 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,117.00 price target on shares of Meta Platforms in a research note on Tuesday, December 30th. Finally, Guggenheim lowered 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, January 8th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $822.96.

About Meta Platforms

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.