Wrapmanager Inc. Sells 1,703 Shares of Meta Platforms, Inc. $META

Wrapmanager Inc. decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 20.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,564 shares of the social networking company’s stock after selling 1,703 shares during the period. Meta Platforms makes up about 1.5% of Wrapmanager Inc.’s investment portfolio, making the stock its 18th largest position. Wrapmanager Inc.’s holdings in Meta Platforms were worth $4,820,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in META. Vanguard Group Inc. boosted its position in shares of Meta Platforms by 0.8% during the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after buying an additional 1,532,568 shares during the period. State Street Corp boosted its holdings in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after acquiring an additional 1,650,435 shares during the period. Geode Capital Management LLC grew its position in Meta Platforms by 1.3% in the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock valued at $37,902,948,000 after acquiring an additional 682,768 shares during the last quarter. Norges Bank bought a new stake in shares of Meta Platforms during the second quarter worth $23,155,393,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Meta Platforms by 1.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock valued at $10,694,644,000 after purchasing an additional 262,550 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 1.3%

Shares of NASDAQ META opened at $648.18 on Monday. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business has a fifty day moving average price of $655.83 and a 200 day moving average price of $684.58. The stock has a market capitalization of $1.64 trillion, a P/E ratio of 27.58, a price-to-earnings-growth ratio of 1.01 and a beta of 1.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

Meta Platforms (NASDAQ:META) last announced its 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 business had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the company posted $8.02 earnings per share. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is 8.94%.

Insider Activity

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $639.18, for a total value of $370,724.40. Following the transaction, the director directly owned 5,007 shares of the company’s stock, valued at approximately $3,200,374.26. The trade was a 10.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Susan J. Li sold 55,702 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $633.61, for a total value of $35,293,344.22. Following the completion of the sale, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $8,354,781.46. The trade was a 80.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 103,320 shares of company stock valued at $66,026,381 in the last ninety days. 13.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on META. Truist Financial raised their price target on shares of Meta Platforms from $875.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Arete Research set a $718.00 price target on shares of Meta Platforms in a research note on Thursday, December 4th. Pivotal Research lowered their price target on Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a report on Monday, December 29th. Finally, Monness Crespi & Hardt upped their target price on Meta Platforms from $808.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $844.44.

More Meta Platforms News

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

• Positive Sentiment: Reported multiyear deal to rent Google’s TPU chips to accelerate model training — expands Meta’s compute capacity quickly without buying all hardware, supporting AI roadmap and ad/AI monetization prospects. Read More.
• Positive Sentiment: Deal with AMD for GPUs and plans for very large 2026 capex (reported commitments and nuclear power pacts) strengthen Meta’s in‑house training scale and long‑term AI competitiveness, which investors view as revenue‑accretive over time. Read More.
• Positive Sentiment: Meta is trialing stablecoin payments across Facebook/Instagram/WhatsApp, targeting faster payments and adoption in underbanked markets — a potential new revenue stream and higher engagement in emerging markets. Read More.
• Positive Sentiment: Company sued advertisers over celebrity‑impersonation scams and took technical enforcement actions — a move to shore up ad quality and preserve advertiser trust. Read More.
• Neutral Sentiment: OpenAI hired a high‑profile Meta AI researcher — talent movement highlights competition for AI engineers but is common across the sector and not unique to Meta. Read More.
• Neutral Sentiment: Analyst/industry comparisons show Alphabet gaining share in AI‑fuelled search and investing aggressively — useful context for competitive positioning but not an immediate earnings event. Read More.
• Negative Sentiment: EU court adviser sided with regulators in a dispute over antitrust data requests — raises regulatory/compliance risk and potential costs in Europe. Read More.
• Negative Sentiment: High‑profile US trial testimony about social‑media harms and new Instagram parent‑alert policies keep litigation and reputational risk elevated, which can pressure sentiment and regulatory scrutiny. Read More.
• Negative Sentiment: Large insider sales by CFO Susan Li (55,702 shares) and recent COO selling may be read negatively by some investors, adding near‑term selling pressure despite common non‑signal reasons for sales; SEC filing available. Read More.

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.