Beirne Wealth Consulting Services LLC purchased a new stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,044 shares of the social networking company’s stock, valued at approximately $2,236,000.
A number of other large investors have also made changes to their positions in META. Bare Financial Services Inc acquired a new position in shares of Meta Platforms in the 2nd quarter valued at approximately $30,000. Briaud Financial Planning Inc bought a new position in Meta Platforms in the second quarter valued at approximately $42,000. Knuff & Co LLC bought a new position in Meta Platforms in the second quarter valued at approximately $44,000. WFA Asset Management Corp boosted its holdings in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares during the period. Finally, Spurstone Advisory Services LLC bought a new stake in shares of Meta Platforms during the second quarter worth $59,000. Institutional investors own 79.91% of the company’s stock.
Insider Activity
In related news, Director Robert M. Kimmitt sold 580 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $639.18, for a total transaction of $370,724.40. Following the completion of the sale, the director directly owned 5,007 shares in the company, valued at $3,200,374.26. This represents a 10.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the sale, the chief technology officer owned 2,841 shares in the company, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 27,791 shares of company stock worth $17,835,648. 13.61% of the stock is owned by company insiders.
Meta Platforms Stock Down 2.8%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share 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 company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter last year, the firm earned $8.02 earnings per share. The company’s revenue was up 23.8% on a year-over-year basis. As a group, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.
Meta Platforms Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders 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 is Monday, March 16th. Meta Platforms’s dividend payout ratio is presently 8.94%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Piper Sandler upped their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Guggenheim upped their price objective on Meta Platforms from $800.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley increased their price objective on Meta Platforms from $750.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Wolfe Research restated an “outperform” rating and issued a $850.00 target price (up previously from $800.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Finally, Mizuho lifted their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Three 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $844.44.
Get Our Latest Analysis on Meta Platforms
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Board approved a quarterly cash dividend of $0.525/share (payable Mar. 26); Goldman Sachs lists Meta among top growth picks — this boosts yield and buyback/dividend narrative that can support the stock. Meta (META) Strengthens Investor Appeal With Dividend Payout and Platform Expansion Efforts
- Positive Sentiment: Billionaire and institutional buying headlines (e.g., Bill Ackman, David Tepper coverage) are being cited by media — signals of high-profile conviction that can attract momentum buyers. A Billionaire Just Bet Big on This AI Stock. Should Investors Follow Suit?
- Positive Sentiment: Industry-level tailwind: Bridgewater projects ~ $650B of AI capex among big tech in 2026 — validates Meta’s heavy AI investment as part of a broad secular cycle that could expand ad/compute monetization over time. Big Tech to invest about $650 billion in AI in 2026, Bridgewater says
- Neutral Sentiment: Market commentary and analyst features (Jim Cramer, MarketBeat, Motley Fool) highlight Meta’s long-term AI/cloud ambitions and relative valuation within the “Magnificent Seven” — supportive for medium/long-term holders but not immediate catalysts. Jim Cramer Believes Meta’s (META) Developing Its Own Cloud Business
- Negative Sentiment: Investor concern about funding model: coverage highlights hyperscalers (including Meta) increasingly using debt to finance AI buildouts — shifts risk profile and worries some investors about rising leverage and capital allocation. How the AI debt binge shattered hyperscalers’ ‘unspoken contract’ with investors
- Negative Sentiment: WSJ reports Meta continues to borrow billions for AI despite strong free cash flow — reinforces investor unease that spending pace and financing choices could pressure margins or returns. Meta Rakes It In, Yet Still Borrows Billions for AI
- Negative Sentiment: Regulatory/legal risk: India’s Supreme Court will review appeals by Meta/WhatsApp over a ~₹213 crore penalty related to privacy policy — an active legal overhang in a key growth market. Indian Supreme Court To Hear Meta, WhatsApp Pleas Against ₹213 Crore Penalty Over Privacy Policy
- Negative Sentiment: Minor insider selling disclosed (director sale ~ $370k) — not large enough alone to move fundamentals but adds to mixed sentiment. Insider Selling: Meta Platforms (NASDAQ:META) Director Sells $370,724.40 in Stock
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.
See Also
- Five stocks we like better than Meta Platforms
- Elon Musk already made me a “wealthy man”
- Elon’s Secret AI Partner?
- Elon Musk: This Could Turn $100 into $100,000
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META – Free Report).
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.
