Axxcess Wealth Management LLC Buys 5,866 Shares of Meta Platforms, Inc. $META

Axxcess Wealth Management LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,342 shares of the social networking company’s stock after purchasing an additional 5,866 shares during the period. Meta Platforms accounts for 0.9% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding. Axxcess Wealth Management LLC’s holdings in Meta Platforms were worth $42,845,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Bare Financial Services Inc purchased a new stake in Meta Platforms in the 2nd quarter worth about $30,000. Briaud Financial Planning Inc bought a new position in Meta Platforms during the second quarter worth about $42,000. Knuff & Co LLC purchased a new position in shares of Meta Platforms in the second quarter worth about $44,000. WFA Asset Management Corp raised its position 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 purchasing an additional 20 shares during the period. Finally, Spurstone Advisory Services LLC purchased a new stake in shares of Meta Platforms during the 2nd quarter valued at approximately $59,000. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on META shares. BMO Capital Markets boosted their target price on shares of Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a report on Thursday, January 29th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $900.00 price target (up from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a report on Thursday, January 29th. Argus restated a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a research note on Monday, February 2nd. Finally, Wall Street Zen cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Three research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $844.44.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Big AI chip deal with AMD: Meta agreed to a multiyear supply/partnership to deploy up to ~6 GW of AMD AI GPUs and could purchase as much as 10% of AMD, representing billions in committed chip spend that diversifies Meta’s supplier base and validates its large-scale AI buildout. VIEW AMD secures Meta as next big AI chip customer
• Positive Sentiment: Shareholder return: Meta declared a quarterly cash dividend of $0.525 per share, payable March 26, which supports total-return investors and can help underpin the stock during AI‑capex cycles. Meta (META) Strengthens Investor Appeal With Dividend Payout
• Neutral Sentiment: Stablecoin/payments push: Multiple reports say Meta is preparing to re-enter payments with stablecoin integration across Facebook, Instagram and WhatsApp potentially in H2 2026 — a longer‑term monetization opportunity but subject to partner deals and regulatory scrutiny. Meta Hopes to Launch Stablecoin Payments Project This Year
• Neutral Sentiment: Renewable power deal: Meta signed a long-term offtake for an 80 MW solar project in Pennsylvania to support US data‑center operations — positive for operations/ESG but limited immediate financial impact. MN8 Energy Supports Meta’s U.S. Data Center Operations
• Neutral Sentiment: Analyst sentiment: Consensus analyst coverage remains positive-to-cautious (consensus “Moderate Buy”), suggesting Wall Street sees upside tied to AI execution but also recognizes valuation and capex risks. Meta Platforms Given Consensus Rating of “Moderate Buy”
• Negative Sentiment: Insider sale: CFO Susan J. Li sold 18,789 shares (~$12.2M at ~$650 average), lowering her stake ~21%; insider sales can raise concern about executive conviction despite routine explanations. SEC filing: Susan J. Li sale
• Negative Sentiment: Legal/reputational risk: Court filings show internal warnings that planned end‑to‑end encryption could impede reporting of child‑exploitation cases, heightening regulatory and litigation risk that could create headlines and potential compliance costs. Meta executive warned Facebook Messenger encryption plan was ‘so irresponsible’

Meta Platforms Stock Performance

Meta Platforms stock opened at $639.30 on Wednesday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. 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 has a market cap of $1.62 trillion, a P/E ratio of 27.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28. The firm’s fifty day moving average price is $656.11 and its 200-day moving average price is $687.24.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $58.33 billion. During the same quarter in the prior year, the firm earned $8.02 earnings per share. The firm’s revenue was up 23.8% on a year-over-year basis. On average, equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be issued 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 of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is currently 8.94%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 172 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $639.18, for a total value of $109,938.96. Following the completion of the sale, the chief operating officer owned 17,965 shares of the company’s stock, valued at $11,482,868.70. This represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred 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 transaction, the director directly owned 5,007 shares in the company, valued at $3,200,374.26. This trade represents a 10.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 46,580 shares of company stock worth $30,048,498. 13.61% of the stock is owned by corporate insiders.

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.