Park National Corp OH Sells 8,028 Shares of Meta Platforms, Inc. $META

Park National Corp OH decreased its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,939 shares of the social networking company’s stock after selling 8,028 shares during the quarter. Meta Platforms accounts for approximately 1.7% of Park National Corp OH’s investment portfolio, making the stock its 14th largest holding. Park National Corp OH’s holdings in Meta Platforms were worth $61,596,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in META. Auto Owners Insurance Co raised its position in shares of Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after acquiring an additional 105,154,977 shares during the period. State Street Corp boosted its position in Meta Platforms by 4.0% during the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after purchasing an additional 3,510,123 shares in the last quarter. Norges Bank acquired a new stake in Meta Platforms in the fourth quarter valued at approximately $22,152,075,000. Bank of America Corp DE raised its stake in shares of Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after buying an additional 2,673,494 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Meta Platforms by 6.1% during the 4th quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company’s stock valued at $12,013,948,000 after buying an additional 1,046,715 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta’s advertising business delivered its strongest monthly stock performance in three years. Analysts see additional upside if ad growth, pricing and AI-driven monetization continue to support a higher 2027 valuation. Meta Stock Could Have Another Big Run Ahead
• Positive Sentiment: A bullish analysis awarded Meta a Buy rating, arguing that its large user base and advertising cash flow can fund AI investments. Revenue growth of 28% year over year has outpaced user growth, indicating better monetization through higher ad prices and engagement. Meta Platforms: The AI Spending Looks Crazy; The Economics Don’t
• Positive Sentiment: Commentary on Meta’s Muse AI launch suggests the technology could become a major catalyst for commerce and advertising, with one forecast envisioning a path toward $1,000 per share. The outlook is speculative but adds to the positive AI narrative. Meta Muse: Sparking the AI Revolution
• Neutral Sentiment: Meta executives are scheduled to testify before New York City officials about AI risks and possible legislation. The hearing could increase regulatory scrutiny, though no immediate financial impact was announced. AI Executives Set to Testify at NYC Council Hearing
• Negative Sentiment: Meta, TikTok and X are challenging Ofcom’s demands for information under the United Kingdom’s online-safety regime. The dispute highlights potential compliance costs and regulatory exposure. Meta, TikTok and X Challenge UK Watchdog
• Negative Sentiment: Meta’s planned AI infrastructure spending—estimated at $130 billion to $145 billion by 2026—raises execution and return-on-investment risks. Investors need evidence that AI monetization will justify the unusually large capital commitments. Meta AI Spending Analysis
• Negative Sentiment: Several lawsuits could create substantial liabilities and reduce Meta’s ability to spend on chips and data centers, presenting a direct risk to its AI strategy. Meta AI Plans Could Be Crippled by Lawsuits
• Negative Sentiment: Investor Steve Weiss said he reduced his Meta position as the 10-year Treasury yield approached 5.26%. Higher yields can pressure valuations for high-growth technology stocks and make Meta’s future cash flows less attractive. Analyst Sells Cisco and Trims Meta

Meta Platforms Price Performance

Shares of Meta Platforms stock traded up $16.09 during trading hours on Monday, reaching $744.17. 7,876,221 shares of the company’s stock were exchanged, compared to its average volume of 17,492,621. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $779.82. The company has a market capitalization of $1.90 trillion, a P/E ratio of 28.02, a price-to-earnings-growth ratio of 1.27 and a beta of 1.19. The business has a fifty day moving average of $625.52 and a two-hundred day moving average of $615.98. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The business had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. During the same period in the prior year, the business posted $7.14 earnings per share. The business’s quarterly revenue was up 28.0% on a year-over-year basis. As a group, research analysts predict that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is currently 7.91%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on META shares. Moffett Nathanson dropped their price target on shares of Meta Platforms from $800.00 to $740.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. New Street Research decreased their price objective on shares of Meta Platforms from $730.00 to $700.00 and set a “buy” rating on the stock in a report on Friday, July 31st. President Capital upgraded shares of Meta Platforms from a “neutral” rating to a “buy” rating and lifted their target price for the company from $660.00 to $897.00 in a research report on Thursday, September 24th. Jefferies Financial Group boosted their target price on shares of Meta Platforms from $710.00 to $875.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. Finally, CICC Research decreased their price target on shares of Meta Platforms from $773.00 to $700.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Three analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $787.86.

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the sale, the chief technology officer directly owned 828 shares in the company, valued at $462,024. This represents a 90.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan Li sold 9,196 shares of Meta Platforms stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 146,647 shares of company stock valued at $99,886,901 in the last three months. Company insiders own 13.53% of the company’s stock.

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.