Meta Platforms, Inc. $META is Elo Mutual Pension Insurance Co’s 4th Largest Position

Elo Mutual Pension Insurance Co grew its stake in Meta Platforms, Inc. (NASDAQ:META) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 261,145 shares of the social networking company’s stock after buying an additional 11,680 shares during the quarter. Meta Platforms accounts for about 3.1% of Elo Mutual Pension Insurance Co’s portfolio, making the stock its 4th largest holding. Elo Mutual Pension Insurance Co’s holdings in Meta Platforms were worth $191,780,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Goldstone Financial Group LLC boosted its holdings in 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 buying an additional 1,153 shares in the last quarter. CW Advisors LLC increased its holdings in Meta Platforms by 27.8% in the second quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock valued at $130,467,000 after buying an additional 38,432 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in Meta Platforms by 34.2% in the third quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock valued at $38,373,000 after buying an additional 13,311 shares in the last quarter. Cherokee Insurance Co acquired a new position in shares of Meta Platforms in the second quarter worth about $3,321,000. Finally, Bangor Savings Bank raised its position in shares of Meta Platforms by 36.6% in the third quarter. Bangor Savings Bank now owns 3,134 shares of the social networking company’s stock worth $2,302,000 after acquiring an additional 840 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the sale, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Susan J. Li sold 56,571 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 160,927 shares of company stock valued at $103,155,254. 13.61% of the stock is currently owned by insiders.

Meta Platforms Trading Down 2.4%

META opened at $644.86 on Friday. The stock has a market capitalization of $1.63 trillion, a PE ratio of 27.44, a P/E/G ratio of 1.00 and a beta of 1.30. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The business’s 50 day moving average price is $654.99 and its 200 day moving average price is $681.16.

Meta Platforms (NASDAQ:META) last posted its 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. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same quarter last year, the firm earned $8.02 earnings per share. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.

More Meta Platforms News

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

• Positive Sentiment: Closed multiyear AI/content and chip-supply deals that should improve model training quality and reduce sourcing risk — supports AI product road map and longer-term ad/engagement upside. Read More.
• Positive Sentiment: Signed paid content-licensing arrangements (reported coverage highlights a News Corp deal) and created a new applied-AI engineering organization to speed model development — both point to faster commercialization of AI features that can lift ad yields. Read More.
• Positive Sentiment: Prominent investors and some brokers continue to list META as a buy or top idea (e.g., inclusion on Bill Ackman-related lists and select upgrades), supporting demand from long-term investors. Read More.
• Neutral Sentiment: Company presented at investor conferences and several sell‑side reports reiterated valuation/scale arguments — useful for analyst color but not an immediate catalyst. Read More.
• Negative Sentiment: Wall Street downgrades and cut price targets citing concerns that Meta is “lagging on AI” — raises short-term growth and competition worries and likely contributed to intraday selling pressure. Read More.
• Negative Sentiment: Large insider sales disclosed: CFO Susan Li sold roughly $36.5M and COO Javier Olivan also executed significant sales — while often planned (tax/vesting), these filers increase headline risk and can create short-term supply. Read More.
• Negative Sentiment: Regulatory and competition pressure in Europe and Indonesia — Meta agreed to allow rival AI chatbots on WhatsApp in Europe (for a fee) to head off EU action, and Indonesia issued warnings over disinformation and algorithm transparency, adding compliance and revenue uncertainty in key markets. Read More. Read More.
• Negative Sentiment: 13F filings show several high‑profile managers trimmed or exited META in Q4 — signals profit‑taking and reduced conviction from some large investors. Read More.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on META shares. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Morgan Stanley upped their price target on Meta Platforms from $750.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wells Fargo & Company increased their price target on Meta Platforms from $849.00 to $856.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Citigroup reissued an “outperform” rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Citizens Jmp restated an “outperform” rating and issued a $900.00 price objective (up from $750.00) on shares of Meta Platforms in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $844.44.

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.