Meta Platforms, Inc. $META Position Raised by CoreCap Advisors LLC

CoreCap Advisors LLC increased its position in Meta Platforms, Inc. (NASDAQ:META) by 20.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,829 shares of the social networking company’s stock after acquiring an additional 2,504 shares during the period. CoreCap Advisors LLC’s holdings in Meta Platforms were worth $10,891,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Meta Platforms by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after buying an additional 13 shares during the last quarter. Pachira Investments Inc. increased its position in Meta Platforms by 3.0% in the 2nd quarter. Pachira Investments Inc. now owns 488 shares of the social networking company’s stock valued at $360,000 after acquiring an additional 14 shares during the period. Hemington Wealth Management raised its stake in Meta Platforms by 0.6% during the 2nd quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock valued at $1,641,000 after acquiring an additional 14 shares in the last quarter. Trust Co of the South boosted its position in Meta Platforms by 0.8% during the 3rd quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock worth $1,359,000 after acquiring an additional 14 shares during the period. Finally, Sentinel Pension Advisors LLC grew its stake in shares of Meta Platforms by 1.6% in the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock worth $672,000 after purchasing an additional 14 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on META shares. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Morgan Stanley lowered their price objective on shares of Meta Platforms from $820.00 to $750.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Roth Capital reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Four research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $822.96.

Meta Platforms News Roundup

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

Meta Platforms Price Performance

NASDAQ META opened at $631.09 on Wednesday. The stock has a market capitalization of $1.59 trillion, a P/E ratio of 27.88, a P/E/G ratio of 1.27 and a beta of 1.29. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The business’s fifty day moving average is $641.42 and its two-hundred day moving average is $702.20. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to analyst estimates 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 company posted $6.03 EPS. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 9.28%.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 28,658 shares in the company, valued at $18,876,738.02. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert M. Kimmitt sold 580 shares of the company’s 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 completion of the sale, the director owned 6,167 shares of the company’s stock, valued at approximately $3,983,882. This trade represents a 8.60% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 40,054 shares of company stock worth $24,799,940. Company insiders own 13.61% of the company’s stock.

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.