Texas Capital Bank Wealth Management Services Inc Acquires 4,031 Shares of Meta Platforms, Inc. $META

Texas Capital Bank Wealth Management Services Inc grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:METAFree Report) by 29.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,591 shares of the social networking company’s stock after acquiring an additional 4,031 shares during the quarter. Meta Platforms accounts for approximately 1.1% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 18th biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Meta Platforms were worth $12,918,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 56,571 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company’s stock, 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. In the last ninety days, insiders sold 161,446 shares of company stock worth $103,451,688. 13.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Monness Crespi & Hardt increased their target price on Meta Platforms from $808.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wells Fargo & Company lifted their price target on Meta Platforms from $849.00 to $856.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. raised their target price on shares of Meta Platforms from $800.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, BNP Paribas Exane began coverage on shares of Meta Platforms in a research note on Monday, November 24th. They issued an “outperform” rating and a $800.00 target price on the stock. Three research 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $844.44.

View Our Latest Analysis on META

Key Stories Impacting Meta Platforms

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

  • Positive Sentiment: Meta is rolling out new Meta AI features for Facebook Marketplace (automated listing creation and pricing) that help monetize its ads/commerce funnel and show ongoing productization of AI. Meta AI Writes Listings and Sets Prices for Facebook Marketplace Sellers
  • Positive Sentiment: Meta outlined an aggressive in‑house chip roadmap (MTIA series) focused on generative AI inference — this could lower long‑term inference costs and improve margins if deployed at scale. Meta Chip Roadmap Puts AI Inference And Costs In Sharper Focus
  • Positive Sentiment: Several bullish takeaways: fund managers cite Meta’s cost discipline and scale as advantages, and some analysts/notes argue the stock is attractively valued among large cap AI beneficiaries. These views provide a counterweight to short‑term AI execution concerns. Cuggino likes Meta for cost discipline
  • Neutral Sentiment: Insider selling: COO Javier Olivan disclosed sales in early March (files show multiple transactions). Sizeable insider sales can draw attention but don’t necessarily signal company fundamentals. SEC filing – Olivan insider sale
  • Neutral Sentiment: Regulatory scrutiny continues in the U.K. around child safety on platforms — a recurring policy risk that can affect product rollouts and compliance costs but is broadly anticipated by investors. UK watchdogs press Meta to block children
  • Negative Sentiment: Avocado delay: Multiple outlets report Meta pushed the Avocado launch from this month to at least May after performance concerns, prompting investor worry about missed timelines and competitive positioning vs. Google/OpenAI. Meta Delays Rollout of New A.I. Model After Performance Concerns
  • Negative Sentiment: Market reaction & scrutiny: Reports highlight that the delay increases scrutiny of Meta’s multibillion‑dollar AI investments and raises the risk of competitors pulling ahead, pressuring sentiment and the stock near term. Meta delays rollout of new AI model, NYT reports
  • Negative Sentiment: Additional coverage frames the pause as a potential strategic cost — analysts and commentary ask whether Meta can afford to wait while rivals sprint ahead, amplifying short‑term downside risk. Avocado on Ice: Can Meta Afford to Pause?

Meta Platforms Price Performance

Shares of META stock opened at $613.71 on Friday. The firm has a market cap of $1.55 trillion, a P/E ratio of 26.12, a P/E/G ratio of 0.99 and a beta of 1.30. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The business’s 50 day moving average price is $653.25 and its 200-day moving average price is $677.91. 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:METAGet Free Report) last announced 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 company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the prior year, the company earned $8.02 earnings per share. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders 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 yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s payout ratio is presently 8.94%.

Meta Platforms Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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