Elevatus Welath Management lowered its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 53.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,262 shares of the social networking company’s stock after selling 8,259 shares during the quarter. Meta Platforms makes up approximately 1.3% of Elevatus Welath Management’s holdings, making the stock its 21st biggest position. Elevatus Welath Management’s holdings in Meta Platforms were worth $4,793,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Westchester Capital Management Inc. bought a new stake in shares of Meta Platforms in the 3rd quarter valued at approximately $26,000. Bare Financial Services Inc bought a new position in Meta Platforms during the second quarter valued at approximately $30,000. Knuff & Co LLC bought a new position in Meta Platforms during the second quarter valued at approximately $44,000. PMV Capital Advisers LLC lifted its stake in Meta Platforms by 26.3% in the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock valued at $63,000 after acquiring an additional 20 shares during the last quarter. Finally, Evergreen Private Wealth LLC lifted its stake in Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after acquiring an additional 35 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts have recently commented on the stock. Mizuho increased their price target on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Argus reaffirmed a “buy” rating and issued a $800.00 price objective on shares of Meta Platforms in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Rosenblatt Securities increased their target price on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, DA Davidson raised their target price on Meta Platforms from $825.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $845.54.
Insider Transactions at Meta Platforms
In related news, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the transaction, the chief technology officer owned 2,841 shares of the company’s stock, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Javier Olivan sold 2,461 shares of the firm’s stock in a transaction that occurred on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total value of $1,574,473.97. Following the completion of the sale, the chief operating officer directly owned 12,108 shares in the company, valued at $7,746,335.16. This trade represents a 16.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 161,448 shares of company stock worth $103,333,788. Company insiders own 13.61% of the company’s stock.
Meta Platforms News Summary
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched new Ray‑Ban prescription smart glasses and Oakley updates that add hands‑free features (nutrition logging, real‑time translation), reinforcing growth prospects for Reality Labs and consumer AR wearables. Article Title Article Title
- Positive Sentiment: Meta and Corning broke ground on a large optical‑cable expansion in North Carolina to support AI data‑center buildout—strengthening Meta’s supply chain for AI infrastructure. Article Title
- Positive Sentiment: Analysts and market pieces highlight Meta’s AI and engagement feature rollouts (and recent product launches) as drivers for ad growth; buy‑side firms including Morgan Stanley/others continue to call the pullback a tactical buying opportunity. Article Title Article Title
- Neutral Sentiment: Meta is testing Instagram Plus (paid tier) and other monetization experiments; these could boost ARPU if scaled, but are currently limited pilot programs. Article Title
- Neutral Sentiment: Meta is sharing retail and wearables learnings with partners to help physical retail for its AI/VR products—incremental channel development, uncertain near‑term revenue impact. Article Title
- Negative Sentiment: Meta suffered two major legal setbacks: a New Mexico ruling holding it accountable for child safety and an LA jury finding apps were designed to addict teens—both raise potential damages, regulatory pressure and litigation risk. Article Title
- Negative Sentiment: Indonesia summoned Meta over non‑compliance with new rules protecting under‑16 users, and regulators in other markets are flagging potential breaches—heightening compliance costs and moderation burdens. Article Title
- Negative Sentiment: Meta announced another round of layoffs impacting ~168 Washington state employees, signalling continued cost actions but also operational disruption in key VR/Reality teams. Article Title
Meta Platforms Price Performance
NASDAQ META opened at $572.13 on Wednesday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a fifty day simple moving average of $641.61 and a 200 day simple moving average of $663.23. 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 company has a market cap of $1.45 trillion, a P/E ratio of 24.35, a P/E/G ratio of 0.83 and a beta of 1.30.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. The firm 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 business’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter last year, the firm posted $8.02 EPS. On average, sell-side analysts predict 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 was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. 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.
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