Convergence Investment Partners LLC Decreases Stock Position in Meta Platforms, Inc. $META

Convergence Investment Partners LLC decreased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,904 shares of the social networking company’s stock after selling 1,064 shares during the quarter. Meta Platforms makes up about 1.8% of Convergence Investment Partners LLC’s investment portfolio, making the stock its 7th largest position. Convergence Investment Partners LLC’s holdings in Meta Platforms were worth $8,008,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bare Financial Services Inc acquired a new position in Meta Platforms during the 2nd quarter worth about $30,000. Briaud Financial Planning Inc bought a new position in shares of Meta Platforms in the second quarter worth about $42,000. Knuff & Co LLC bought a new position in shares of Meta Platforms in the second quarter worth about $44,000. WFA Asset Management Corp lifted its position in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares in the last quarter. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Meta Platforms during the second quarter valued at approximately $59,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

META has been the subject of several research analyst reports. Mizuho boosted their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. TD Cowen restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, January 13th. Wedbush raised their price target on Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Robert W. Baird upped their target price on shares of Meta Platforms from $815.00 to $830.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $845.50.

Insider Activity at Meta Platforms

In related news, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $618.28, for a total transaction of $358,602.40. Following the sale, the director owned 5,587 shares of the company’s stock, valued at approximately $3,454,330.36. This trade represents a 9.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $714.60, for a total value of $369,448.20. Following the completion of the transaction, the chief operating officer directly owned 9,615 shares of the company’s stock, valued at approximately $6,870,879. The trade was a 5.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,561 shares of company stock worth $23,673,584 in the last quarter. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $670.72 on Wednesday. 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 firm has a market capitalization of $1.70 trillion, a P/E ratio of 28.54, a PEG ratio of 1.16 and a beta of 1.28. The business has a 50-day moving average of $657.96 and a 200-day moving average of $694.43. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share 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 analyst estimates of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. Meta Platforms’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the firm earned $8.02 EPS. On average, equities analysts anticipate 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 was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is 8.94%.

Key Meta Platforms News

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

• Positive Sentiment: High-profile bullish commentary: Jim Cramer publicly called META a buy, reinforcing retail and momentum interest in the name and supporting short-term demand. Jim Cramer on Meta Platforms (META): “I just think this one’s a buy”
• Positive Sentiment: Long-term AI investment thesis: A Seeking Alpha piece highlights aggressive AI capex and forecasts 22–31% near-term revenue growth, arguing Meta can sustain growth despite margin pressure — a supportive fundamental narrative for investors focused on multi-year returns. Meta Platforms: Follow The Numbers
• Positive Sentiment: Ad tools & ad revenue durability: A new free Meta Ads Rolling Reach Report for e-commerce advertisers could help optimize campaigns and demonstrate continued advertiser demand for Meta’s platforms. Incremental ad product adoption supports the advertising revenue outlook. growthzacks Releases Meta Ads Rolling Reach Report Generator for ECommerce Advertisers to Measure Audience Saturation
• Positive Sentiment: Analyst/shopper endorsements: Recent retail and analyst write-ups (e.g., The Motley Fool) continue to feature META as a top growth pick, backing investor interest and buy-side conviction. 1 Top Growth Stock to Buy in February
• Neutral Sentiment: Valuation/peer comparisons: Pieces comparing Broadcom and Meta highlight AI exposure but present them as different risk/reward profiles; useful for allocation decisions but not an immediate catalyst. Broadcom or Meta Platforms? Which Is the Better Buy
• Neutral Sentiment: Market context: Broader AI-led rotation and macro commentary (Zacks, market note) are lifting tech sentiment generally; Meta participates in that theme but is also idiosyncratically exposed to legal/regulatory news. Bulls Take Control Amid New AI Spending & Expanding Breadth
• Negative Sentiment: Alarming internal findings made public: Unsealed documents report a Meta researcher warned of up to 500,000 daily child exploitation cases on Facebook/Instagram — a reputational and litigation risk that can amplify regulatory scrutiny and attract settlement/penalty concerns. Meta researcher warned of 500K child exploitation cases daily on Facebook and Instagram platforms
• Negative Sentiment: Regulatory pressure in EU over WhatsApp AI policy: The European Commission has charged Meta with breaching antitrust rules and threatened interim measures to force WhatsApp access for rival AI assistants — potential changes could limit product control and create compliance costs. EU threatens Meta with interim measure for blocking AI rivals from WhatsApp
• Negative Sentiment: Legal setbacks and trials: Landmark US trials accuse Meta of designing addictive products; separately, a German court ordered Meta’s Edge Network to pay Deutsche Telekom ~€30M — legal exposure and adverse rulings increase uncertainty and headline risk. Meta subsidiary loses appeal against Deutsche Telekom over network services Meta and YouTube Created ‘Digital Casinos,’ Lawyers Argue in Landmark Trial

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.