New York Life Investment Management LLC Has $217.02 Million Stake in Meta Platforms, Inc. $META

New York Life Investment Management LLC lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 0.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 295,516 shares of the social networking company’s stock after selling 1,029 shares during the quarter. Meta Platforms accounts for 1.9% of New York Life Investment Management LLC’s holdings, making the stock its 7th biggest holding. New York Life Investment Management LLC’s holdings in Meta Platforms were worth $217,021,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Goldstone Financial Group LLC lifted its holdings in shares of Meta Platforms by 44.4% during the third quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock worth $2,756,000 after purchasing an additional 1,153 shares during the period. CW Advisors LLC lifted its stake in Meta Platforms by 27.8% during the 2nd quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock valued at $130,467,000 after acquiring an additional 38,432 shares during the period. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Meta Platforms by 34.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock valued at $38,373,000 after acquiring an additional 13,311 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Meta Platforms by 11.0% in the second quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock worth $155,387,000 after acquiring an additional 20,912 shares during the period. Finally, Stephens Inc. AR raised its holdings in shares of Meta Platforms by 5.6% during the second quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after purchasing an additional 4,473 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on META shares. Pivotal Research cut their price target on Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Benchmark lowered Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, October 30th. Wolfe Research reissued an “outperform” rating and issued a $850.00 price target (up from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. KeyCorp dropped their price objective on shares of Meta Platforms from $875.00 to $835.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. Finally, Canaccord Genuity Group lifted their target price on shares of Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $845.50.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $663.19, for a total value of $342,869.23. Following the transaction, the chief operating officer owned 9,098 shares in the company, valued at $6,033,702.62. This trade represents a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $658.69, for a total value of $341,860.11. Following the completion of the sale, the insider directly owned 28,658 shares in the company, valued at $18,876,738.02. This represents a 1.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 10,478 shares of company stock worth $6,799,696. Corporate insiders own 13.61% of the company’s stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Bill Ackman has made a very large new investment in Meta — described as a multi-billion-dollar (reported ~$1–2B) stake — and called the shares “deeply discounted,” sparking renewed investor demand. Ackman’s $2B Bet
• Positive Sentiment: Media/analyst pieces highlight Meta as a top AI/advertising platform with diversified revenue streams, reinforcing the long-term growth argument tied to AI-driven ad demand. Billionaire Bill Ackman Reveals New Position
• Positive Sentiment: Barron’s reports strong traction for Meta’s smart glasses (7M+ pairs sold in 2025), highlighting a growing hardware/reality‑compute revenue stream that could expand monetization beyond ads. Meta Is the Winner in Smart Glasses
• Positive Sentiment: Multiple asset managers have recently increased Meta positions (examples include Bowie Capital, Night Owl, Causeway, Columbus Hill), signaling continued institutional interest. Bowie Capital Boosts Meta Stake
• Neutral Sentiment: Philippe Laffont (Scion) lists Meta among his top holdings, reflecting concentrated hedge-fund exposure but not an immediate catalyst. Is Meta Platforms Philippe Laffont’s Top Pick?
• Neutral Sentiment: Coverage notes Ackman rotated assets (sold Hilton) into AI bets including Meta and Amazon — shows conviction but is part of broader portfolio moves. Ackman Sold Hilton and Bought AI Stock
• Negative Sentiment: White House adviser Peter Navarro said the administration may force data-center builders to “internalize” utility costs — a policy risk that could raise Meta’s operating and capital costs for AI infrastructure. Trump trade adviser Navarro says administration may force data center builders like Meta to ‘internalize’ costs
• Negative Sentiment: Some managers trimmed Meta (Abrams Capital trimmed shares), a reminder that profit-taking and rebalancing are occurring even amid buy-side interest. Abrams Capital Trims Meta Stake

Meta Platforms Price Performance

Meta Platforms stock opened at $639.77 on Tuesday. The stock has a market capitalization of $1.62 trillion, a P/E ratio of 27.22, a P/E/G ratio of 1.09 and a beta of 1.28. The company’s fifty day moving average price is $657.09 and its 200 day moving average price is $692.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company’s revenue was up 23.8% compared to the same quarter last year. During the same period last year, the firm posted $8.02 earnings per share. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 16th. Meta Platforms’s payout ratio is presently 8.94%.

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.