Deepwater Asset Management LLC Has $14.34 Million Stock Position in Meta Platforms, Inc. $META

Deepwater Asset Management LLC decreased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 7.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,530 shares of the social networking company’s stock after selling 1,579 shares during the quarter. Meta Platforms accounts for approximately 5.7% of Deepwater Asset Management LLC’s holdings, making the stock its biggest position. Deepwater Asset Management LLC’s holdings in Meta Platforms were worth $14,342,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms during the third quarter valued at approximately $26,000. Bare Financial Services Inc purchased a new stake in Meta Platforms in the second quarter worth approximately $30,000. Knuff & Co LLC purchased a new stake in Meta Platforms in the second quarter worth approximately $44,000. Spurstone Advisory Services LLC bought a new stake in Meta Platforms in the 2nd quarter worth approximately $59,000. Finally, Evergreen Private Wealth LLC raised its stake in Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after buying an additional 35 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction on 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 completion of the sale, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $637.21, for a total transaction of $590,056.46. Following the sale, the chief operating officer owned 16,113 shares in the company, valued at $10,267,364.73. The trade was a 5.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 160,410 shares of company stock worth $102,809,055. Company insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $644.86 on Monday. The stock has a market cap of $1.63 trillion, a P/E ratio of 27.44, a P/E/G ratio of 1.00 and a beta of 1.30. 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 stock’s fifty day moving average is $654.99 and its 200 day moving average is $680.69. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same quarter in the prior year, the business posted $8.02 earnings per share. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Sell-side analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently announced 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 of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio is currently 8.94%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Erste Group Bank raised Meta Platforms from a “hold” rating to a “buy” rating in a report on Thursday. Evercore upped their price objective on Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. increased their target price on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $860.00 target price (up from $750.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Raymond James Financial cut their price target on Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a research note on Monday, January 26th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $844.44.

Key Headlines Impacting Meta Platforms

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.

Meta Platforms Company 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.