Buffalo Business & Estate Services Ltd. acquired a new stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,717 shares of the social networking company’s stock, valued at approximately $9,054,000. Meta Platforms accounts for approximately 1.3% of Buffalo Business & Estate Services Ltd.’s holdings, making the stock its 14th largest holding.
Several other institutional investors and hedge funds have also recently bought and sold shares of META. Westchester Capital Management Inc. bought a new stake in Meta Platforms in the third quarter valued at approximately $26,000. Dorato Capital Management bought a new stake in Meta Platforms in the fourth quarter valued at approximately $62,000. PMV Capital Advisers LLC raised 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 buying an additional 20 shares during the period. Evergreen Private Wealth LLC raised 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 buying an additional 35 shares during the period. Finally, eCIO Inc. bought a new stake in Meta Platforms in the fourth quarter valued at approximately $66,000. Institutional investors own 79.91% of the company’s stock.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Muse Spark launch strengthens Meta’s AI narrative — investors see the new LLM as evidence Meta can compete with other big‑model providers and begin monetizing AI via commerce, APIs and ad tools; early analyst support and bullish writeups helped lift shares. Meta’s AI Outlook Brightens With Muse Spark Release
- Positive Sentiment: Expanded $21B CoreWeave deal gives Meta committed AI compute capacity through 2032 — reduces operational risk of running large models, signals scale and continuity for AI roadmaps (though it implies heavy future spending). CoreWeave signs $21 billion AI cloud deal with Meta
- Positive Sentiment: Analyst support is improving — CFRA upgraded Meta to Strong Buy and some firms remain constructive on share recovery tied to AI gains, helping sentiment. CFRA Just Upgraded Meta to Strong Buy. The AI Turnaround Story Is Getting Hard to Argue With
- Neutral Sentiment: Street price targets and ratings are mixed — some firms trimmed targets while keeping outperform/buy ratings, reflecting confidence in long‑term AI upside but concern over valuation and spend. (See recent Wolfe/KeyCorp/Rosenblatt notes.)
- Negative Sentiment: Massachusetts Supreme Judicial Court ruled Meta must face a state lawsuit alleging features were designed to addict teens — the decision increases legal and regulatory risk and could widen damages exposure if similar suits progress. Meta must face youth addiction lawsuit by Massachusetts, court rules
- Negative Sentiment: Meta pulled ads recruiting potential plaintiffs for social‑media addiction suits — a defensive PR/legal move that underscores ongoing litigation pressure and recent adverse jury outcomes. Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits
Analyst Upgrades and Downgrades
View Our Latest Analysis on Meta Platforms
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the firm’s stock in a transaction 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the completion of the sale, the chief operating officer directly owned 13,335 shares in the company, valued at approximately $8,072,742.30. This represents a 6.49% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 160,414 shares of company stock valued at $102,659,925. 13.61% of the stock is currently owned by corporate insiders.
Meta Platforms Trading Down 0.0%
Shares of NASDAQ:META opened at $629.83 on Monday. The company has a market capitalization of $1.59 trillion, a P/E ratio of 26.80, a P/E/G ratio of 0.97 and a beta of 1.31. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business’s 50 day simple moving average is $628.78 and its 200 day simple moving average is $653.28.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 38.61% and a net margin of 30.08%.The company’s revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the business posted $8.02 EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is currently 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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