2,158 Shares in Meta Platforms, Inc. $META Bought by Chaney Capital Management Inc.

Chaney Capital Management Inc. acquired a new stake in Meta Platforms, Inc. (NASDAQ:META) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,158 shares of the social networking company’s stock, valued at approximately $1,584,000. Meta Platforms comprises approximately 0.6% of Chaney Capital Management Inc.’s holdings, making the stock its 15th largest position.

Other large investors also recently modified their holdings of the company. Westchester Capital Management Inc. acquired a new stake in Meta Platforms during the 3rd quarter valued at approximately $26,000. Bare Financial Services Inc purchased a new position in shares of Meta Platforms during the 2nd quarter valued at approximately $30,000. Knuff & Co LLC purchased a new position in shares of Meta Platforms during the 2nd quarter valued at approximately $44,000. Spurstone Advisory Services LLC acquired a new stake in shares of Meta Platforms during the second quarter worth approximately $59,000. Finally, Evergreen Private Wealth LLC increased its stake in shares of Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after buying an additional 35 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on META. Sanford C. Bernstein reiterated an “outperform” rating and set a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Erste Group Bank cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. DA Davidson lifted their price target on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Meta Platforms in a report on Tuesday, January 13th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $844.44.

Meta Platforms Stock Up 1.9%

NASDAQ:META opened at $667.73 on Thursday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a 50 day moving average of $655.49 and a 200-day moving average of $682.65. The firm has a market capitalization of $1.69 trillion, a PE ratio of 28.41, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30. 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 results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping 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 return on equity of 38.61% and a net margin of 30.08%.The business’s revenue was up 23.8% on a year-over-year basis. During the same quarter last year, the business posted $8.02 EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Insider Activity

In other news, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $639.18, for a total transaction of $370,724.40. Following the completion of the transaction, the director directly owned 5,007 shares in the company, valued at approximately $3,200,374.26. The trade was a 10.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Susan J. Li sold 56,571 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The SEC filing for this sale provides additional information. Insiders sold 160,927 shares of company stock worth $103,155,254 in the last 90 days. 13.61% of the stock is currently owned by insiders.

Meta Platforms News Summary

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

• Positive Sentiment: News Corp signed a multiyear AI content-licensing deal that gives Meta paid access to US/UK newsroom content for model training and retrieval — reduces legal risk around training data and improves quality of AI outputs. News Corp licensing deal
• Positive Sentiment: Meta is forming a new applied AI engineering organization (flat structure, close partnership with its Superintelligence Lab/Reality Labs) to speed model development — signals continued R&D investment that supports future AI product rollouts and monetization. Applied AI org
• Positive Sentiment: Reports say Meta is testing an AI-powered shopping research tool inside its chatbot — a direct move to expand commerce monetization beyond ads if rolled out at scale. AI shopping tool test
• Neutral Sentiment: Policy/power risk for data centers: the White House discussion on data-center self-supplied power and energy-cost pledges creates regulatory and capex uncertainty for operators (including hyperscalers). It’s a macro/legal issue rather than a Meta-specific earnings shock for now. Data center power policy
• Neutral Sentiment: Analysts and outlets are re‑examining Meta’s valuation after a strong multi‑year run; useful context for positioning but not an immediate catalyst. Valuation analysis
• Negative Sentiment: CFO Susan J. Li sold 56,571 shares (~$36.5M) in a disclosed SEC filing — large insider sales can spook retail investors even if done under pre-set plans. SEC filing – insider sale
• Negative Sentiment: Facebook experienced outages for thousands of U.S. users (Downdetector/Reuters) — a short-term engagement and reputation hit that can transiently pressure ad impressions and sentiment. Outage report
• Negative Sentiment: Reports that Meta scaled back parts of its custom “Olympus” AI accelerator program highlight execution risk and likely greater near‑term reliance on external GPU suppliers — a potential margin/capex and partner-concentration consideration. Chip program pullback

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.