Secure Asset Management LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 60.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 13,064 shares of the social networking company’s stock after purchasing an additional 4,944 shares during the quarter. Meta Platforms accounts for 1.2% of Secure Asset Management LLC’s portfolio, making the stock its 19th largest position. Secure Asset Management LLC’s holdings in Meta Platforms were worth $9,474,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. Horizons Wealth Management acquired a new position in Meta Platforms during the third quarter worth about $33,000. Advantage Trust Co bought a new stake in Meta Platforms in the second quarter worth about $28,000. Philadelphia Investment Partners LLC bought a new stake in Meta Platforms in the second quarter worth about $32,000. Axiom Investment Management LLC acquired a new stake in Meta Platforms in the 1st quarter valued at about $36,000. Finally, Schuylkill Financial LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at about $36,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta reported third-quarter revenue of $64.6 billion, up 26.1% year over year, while adjusted earnings of $7.40 per share exceeded analyst expectations. Advertising remained robust, supported by AI-driven engagement, higher ad prices and improved conversion rates. META’s Q3 Earnings Beat Estimates
- Positive Sentiment: Meta said its Muse AI assistant surpassed 10 million users shortly after launch, strengthening the long-term case for new advertising, consumer and enterprise revenue opportunities. Meta says Muse has over 10M users
- Positive Sentiment: Several firms raised their price targets and maintained bullish ratings, including Bank of America, JPMorgan, UBS, Citigroup, Mizuho and Pivotal Research, citing resilient advertising and improving AI prospects. Meta Stock Falls Despite Strong Q3 Results
- Neutral Sentiment: Meta announced a 2-for-1 stock split and a new non-voting Class C share. The structure could help fund its AI buildout while preserving Mark Zuckerberg’s voting control, but it also raises concerns about future dilution and governance. Meta wants to pay for its AI buildout
- Negative Sentiment: Investors were alarmed by Meta’s capital-spending outlook of approximately $135 billion to $145 billion for 2026. Heavy data-center and AI investment pushed free cash flow negative, while credit-default-swap costs reached a record, intensifying concerns about debt or equity financing. Meta stock sinks as AI spend pushes free cash flow negative
- Negative Sentiment: A New Mexico judge ordered Meta to pay $25 billion in a Cambridge Analytica-related privacy case. Meta plans to appeal, but the verdict adds substantial legal, regulatory and reputational risk. Meta ordered to pay $25 billion to New Mexico
- Negative Sentiment: Broader technology-market weakness, AI-investment concerns and escalating Middle East tensions added to the selling pressure, making it harder for Meta’s earnings beat to support the stock.
Analysts Set New Price Targets
Check Out Our Latest Research Report on META
Insider Buying and Selling at Meta Platforms
In related news, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total value of $21,359,386.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the sale, the insider owned 184,516 shares of the company’s stock, valued at $131,515,624.16. The trade was a 17.82% decrease in their ownership of the stock. 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 149,906 shares of company stock valued at $102,347,409 in the last three months. 13.53% of the stock is currently owned by company insiders.
Meta Platforms Trading Down 7.0%
NASDAQ:META opened at $648.85 on Friday. 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, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The firm has a market capitalization of $1.65 trillion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 1.33 and a beta of 1.19. The stock has a fifty day simple moving average of $663.35 and a 200 day simple moving average of $629.62.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.54 by $0.86. The firm had revenue of $64.60 billion for the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a return on equity of 31.74% and a net margin of 31.15%. The business’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.25 EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.28 earnings per share for the current year.
Meta Platforms Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 7.91%.
About Meta Platforms
Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.
Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.
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