TIAA Trust National Association Sells 3,270 Shares of Meta Platforms, Inc. $META

TIAA Trust National Association trimmed its stake in Meta Platforms, Inc. (NASDAQ:META) by 1.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 191,743 shares of the social networking company’s stock after selling 3,270 shares during the quarter. TIAA Trust National Association’s holdings in Meta Platforms were worth $140,814,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Westchester Capital Management Inc. purchased a new position in Meta Platforms in the third quarter worth about $26,000. Bare Financial Services Inc purchased a new stake in shares of Meta Platforms during the second quarter valued at approximately $30,000. Knuff & Co LLC bought a new stake in shares of Meta Platforms during the second quarter valued at approximately $44,000. Spurstone Advisory Services LLC purchased a new position in Meta Platforms in the 2nd quarter worth approximately $59,000. Finally, Evergreen Private Wealth LLC lifted its position in Meta Platforms by 64.8% in the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after acquiring an additional 35 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Key Meta Platforms News

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

• Positive Sentiment: Meta agreed to let rival AI chatbots operate on WhatsApp in Europe for a year to head off a potential EC injunction — this reduces immediate regulatory tail-risk and preserves WhatsApp’s platform role. Meta to allow AI rivals on WhatsApp in bid to stave off EU action
• Positive Sentiment: Meta struck a multiyear AI content-licensing deal with News Corp (reported as ~$50M/yr), which helps secure training/retrieval data and reduces legal/quality risk for its AI products. News Corp strikes $50M per year AI licensing deal with Meta
• Positive Sentiment: Erste Group upgraded META from hold to buy and some sell‑side firms have raised targets recently, providing analyst support underpinned by strong AI monetization potential. Finviz (analyst note)
• Neutral Sentiment: Meta presented at Morgan Stanley’s TMT conference (useful for analyst color but not an immediate catalyst). Meta Presents at Morgan Stanley TMT conference — transcript
• Neutral Sentiment: Zacks noted the stock recently moved more steeply than the broader market (price action context); watch volatility around these news flows. Meta Platforms (META) Falls More Steeply Than Broader Market
• Negative Sentiment: CFO Susan Li disclosed a large sale (~$36.5M) and COO Javier Olivan has been selling shares in recent filings — big insider sales can create short-term supply and negative headlines. Insider Selling: Meta Platforms CFO Sells $36,471,323.70 in Stock
• Negative Sentiment: Form 13F filings show several prominent billionaire managers trimmed or exited META in Q4 — signals some profit‑taking by large funds and possible repositioning away from the name. 7 Preeminent Billionaire Money Managers Dumped Shares of Meta Platforms
• Negative Sentiment: Indonesia issued a stern warning over disinformation/gambling content and urged greater algorithm transparency — this increases regulatory and reputational risk in a large market. Indonesia gives Meta ‘stern warning’ over disinformation

Meta Platforms Stock Performance

META opened at $660.41 on Friday. The company’s 50 day moving average is $655.36 and its 200 day moving average is $682.50. 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 company has a market cap of $1.67 trillion, a price-to-earnings ratio of 28.10, a PEG ratio of 1.04 and a beta of 1.30. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results 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 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 company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period last year, the firm earned $8.02 earnings per share. On average, equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Analysts Set New Price Targets

META has been the subject of a number of research analyst reports. Citigroup reissued an “outperform” rating on shares of Meta Platforms in a report on Thursday, January 29th. Zacks Research downgraded Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft boosted their target price on Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Bank of America raised their price target on shares of Meta Platforms from $810.00 to $885.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Wells Fargo & Company boosted their price objective on shares of Meta Platforms from $849.00 to $856.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $844.44.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the sale, the chief technology officer owned 2,841 shares in the company, valued at $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $637.21, for a total value of $590,056.46. Following the completion of the transaction, the chief operating officer directly owned 16,113 shares in the company, valued at $10,267,364.73. This trade represents a 5.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 160,927 shares of company stock valued at $103,155,254. Company insiders own 13.61% of the company’s 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.