Bornite Capital Management LP Reduces Stock Position in Meta Platforms, Inc. $META

Bornite Capital Management LP lessened its position in Meta Platforms, Inc. (NASDAQ:META) by 20.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,000 shares of the social networking company’s stock after selling 10,000 shares during the period. Meta Platforms accounts for 2.7% of Bornite Capital Management LP’s investment portfolio, making the stock its 16th biggest position. Bornite Capital Management LP’s holdings in Meta Platforms were worth $29,375,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of META. CenterBook Partners LP raised its stake in shares of Meta Platforms by 26.3% during the third quarter. CenterBook Partners LP now owns 48,096 shares of the social networking company’s stock valued at $35,321,000 after acquiring an additional 10,009 shares during the last quarter. Westchester Capital Management Inc. purchased a new position in Meta Platforms during the 3rd quarter valued at about $26,000. MJP Associates Inc. ADV raised its position in Meta Platforms by 6.4% during the 3rd quarter. MJP Associates Inc. ADV now owns 6,923 shares of the social networking company’s stock valued at $5,084,000 after purchasing an additional 417 shares during the last quarter. King Wealth Management Group lifted its holdings in Meta Platforms by 2.8% in the 3rd quarter. King Wealth Management Group now owns 22,753 shares of the social networking company’s stock worth $16,709,000 after buying an additional 627 shares during the period. Finally, Syon Capital LLC lifted its holdings in Meta Platforms by 4.9% in the 3rd quarter. Syon Capital LLC now owns 74,255 shares of the social networking company’s stock worth $54,531,000 after buying an additional 3,454 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity

In other news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $642.22, for a total value of $333,312.18. Following the completion of the transaction, the insider owned 30,734 shares of the company’s stock, valued at $19,737,989.48. The trade was a 1.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Susan J. Li sold 18,789 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $650.00, for a total transaction of $12,212,850.00. Following the completion of the transaction, the chief financial officer owned 68,888 shares in the company, valued at approximately $44,777,200. The trade was a 21.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 46,580 shares of company stock valued at $30,048,498. 13.61% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on META shares. KeyCorp decreased their target price on Meta Platforms from $875.00 to $835.00 and set an “overweight” rating for the company in a report on Monday, January 26th. UBS Group restated a “buy” rating and issued a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a report on Thursday, January 29th. Raymond James Financial dropped their target price on shares of Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a research report on Monday, January 26th. JPMorgan Chase & Co. boosted their price target on shares of Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Rothschild & Co Redburn set a $900.00 price target on shares of Meta Platforms in a research note on Monday, January 26th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $844.44.

Meta Platforms News Summary

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 Price Performance

Shares of META 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 firm’s 50-day simple moving average is $656.11 and its two-hundred day simple moving average is $687.24. The stock has a market cap of $1.62 trillion, a PE ratio of 27.20, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $8.02 EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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 paid 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 is Monday, March 16th. Meta Platforms’s dividend payout ratio is currently 8.94%.

About Meta Platforms

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.