Inspirion Wealth Advisors LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 116.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,683 shares of the social networking company’s stock after purchasing an additional 906 shares during the quarter. Inspirion Wealth Advisors LLC’s holdings in Meta Platforms were worth $1,111,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. purchased a new stake in shares of Meta Platforms during the third quarter worth $26,000. Bare Financial Services Inc purchased a new position in shares of Meta Platforms in the second quarter worth about $30,000. Knuff & Co LLC acquired a new position in Meta Platforms during the second quarter worth about $44,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after acquiring an additional 35 shares during the last quarter. Finally, PMV Capital Advisers LLC grew its stake in Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock valued at $63,000 after acquiring an additional 20 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Meta Platforms 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 document filed with the SEC, which is available through the SEC website. Also, COO Javier Olivan sold 2,461 shares of the stock in a transaction dated Sunday, February 15th. The stock was sold at an average price of $639.77, for a total transaction of $1,574,473.97. Following the sale, the chief operating officer directly owned 12,108 shares in the company, valued at $7,746,335.16. This represents a 16.89% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 162,484 shares of company stock valued at $104,015,906. Corporate insiders own 13.61% of the company’s stock.
Key Meta Platforms News
- Positive Sentiment: Meta signed on as the launch customer/co-developer for Arm’s new AGI CPU, which de-risks Arm’s data-center push and signals Meta is securing bespoke AI infrastructure to lower long‑term AI costs and improve performance. Arm launches first own-brand chip with Meta as launch customer
- Positive Sentiment: Meta is rolling out AI initiatives for commerce and small businesses (Meta Small Business, AI shopping tools), and is integrating AI across workflows — developments investors view as revenue‑accretive and margin‑supporting over time. Meta launches new initiative to support entrepreneurship, drive AI adoption
- Neutral Sentiment: Meta granted performance‑tied stock awards and options to senior executives to retain talent during the AI race; markets see this as a retention positive but with aggressive targets (and potential dilution) embedded. Meta grants senior executives stock awards to retain talent
- Neutral Sentiment: Reports that Meta will cut several hundred roles (and unconfirmed reports of up to 20% headcount reductions) are being parsed as either necessary cost discipline amid huge AI CapEx or a sign of execution risk; investors are treating this as a mixed signal. Meta to lay off hundreds of employees
- Negative Sentiment: A New Mexico jury ordered Meta to pay $375 million after finding the company violated state consumer‑protection laws by enabling sexual exploitation of minors — a headline legal loss that increases litigation and reputational risk. Meta found liable in child exploitation case, ordered to pay $375 million
- Negative Sentiment: In a separate Los Angeles bellwether, jurors found Meta negligent in a youth social‑media addiction case and assessed punitive/compensatory damages (including a $2.1M punitive share for Meta), underscoring broader industry legal exposure that could prompt future damages or regulation. Jury Orders $3 Million in Punitive Damages Against Meta and YouTube
- Negative Sentiment: China has restricted founders of Manus amid a regulatory review of Meta’s acquisition, potentially delaying integration of AI talent and adding geopolitical execution risk. China bars Manus co-founders from leaving country as it reviews sale to Meta
Wall Street Analysts Forecast Growth
A number of analysts have commented on META shares. Argus reiterated a “buy” rating and issued a $800.00 price objective on shares of Meta Platforms in a report on Monday, February 2nd. Raymond James Financial lowered their target price on Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating on the stock in a report on Monday, January 26th. Wolfe Research restated an “outperform” rating and issued a $850.00 price target (up from $800.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Tigress Financial increased their price target on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. Finally, Barclays reiterated an “overweight” rating and set a $800.00 price objective (up from $770.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Four research 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 stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $846.63.
Read Our Latest Stock Report on Meta Platforms
Meta Platforms Stock Up 0.3%
Meta Platforms stock opened at $594.89 on Thursday. 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 firm has a 50 day moving average price of $647.29 and a 200 day moving average price of $669.74. The company has a market capitalization of $1.50 trillion, a PE ratio of 25.31, a price-to-earnings-growth ratio of 0.92 and a beta of 1.30.
Meta Platforms (NASDAQ:META – Get Free Report) last released 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. 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 for the quarter, compared to analysts’ expectations of $58.33 billion. During the same period in the prior year, the firm earned $8.02 earnings per share. The firm’s revenue was up 23.8% compared to the same quarter last year. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current 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 $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, March 16th. Meta Platforms’s payout ratio is currently 8.94%.
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.
Recommended Stories
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.
