ICICI Prudential Asset Management Co Ltd Has $9.94 Million Holdings in Meta Platforms, Inc. $META

ICICI Prudential Asset Management Co Ltd increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 22.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,539 shares of the social networking company’s stock after buying an additional 2,479 shares during the period. Meta Platforms accounts for 1.0% of ICICI Prudential Asset Management Co Ltd’s holdings, making the stock its 16th largest position. ICICI Prudential Asset Management Co Ltd’s holdings in Meta Platforms were worth $9,943,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new stake in shares of Meta Platforms during the 3rd quarter worth $26,000. Bare Financial Services Inc bought a new stake in Meta Platforms during the second quarter worth about $30,000. Briaud Financial Planning Inc acquired a new stake in Meta Platforms during the second quarter worth about $42,000. Knuff & Co LLC bought a new position in Meta Platforms in the 2nd quarter valued at about $44,000. Finally, WFA Asset Management Corp raised its position in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on META. Mizuho boosted their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Wedbush boosted their price target on Meta Platforms from $880.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Robert W. Baird upped their price objective on Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Benchmark cut Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $810.00 target price on shares of Meta Platforms in a research note on Thursday, January 29th. Three investment 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $844.44.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,789 shares of the company’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $650.00, for a total value of $12,212,850.00. Following the sale, the chief financial officer owned 68,888 shares in the company, valued at approximately $44,777,200. The trade was a 21.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $639.18, for a total value of $370,724.40. Following the completion of the sale, the director directly owned 5,007 shares of the company’s stock, valued at approximately $3,200,374.26. The trade was a 10.38% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 48,135 shares of company stock worth $31,063,415. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $653.69 on Thursday. The stock’s 50-day moving average is $656.19 and its 200-day moving average is $687.00. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. 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 stock has a market cap of $1.65 trillion, a P/E ratio of 27.82, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. During the same quarter last year, the business earned $8.02 EPS. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Big AMD AI deal validates Meta’s AI roadmap and diversifies suppliers — Meta agreed to deploy up to ~6 gigawatts of AMD Instinct GPUs (a multi‑year, multi‑billion-dollar commitment and potential equity stake), a major catalyst for confidence in Meta’s AI infrastructure strategy. AMD clinches second mega chip supply deal, this time with Meta
• Positive Sentiment: Short interest fell meaningfully in February (down ~16.5%), reducing one source of downward pressure and making squeezes less likely to amplify sell-offs in the near term.
• Neutral Sentiment: Wall Street reaction is mixed but constructive — some banks (e.g., BofA) see long‑term earnings upside from the AMD tie‑up despite higher capex, while others remain cautious about elevated investment intensity. Meta-AMD AI deal boosts scale but extends high capex cycle, analysts say
• Neutral Sentiment: Policy and operational items could affect costs or timelines — the White House plans talks with Big Tech on data‑center power costs (potentially easing power concerns), and Meta will appear at the Morgan Stanley TMT conference (CFO Susan Li on March 4). White House to host Big Tech in pledge to rein in power costs Meta to Participate in the Morgan Stanley Technology, Media & Telecom Conference
• Neutral Sentiment: Product/monetization runway: reports that Meta is preparing a stablecoin/payments push in H2 2026 are a longer‑term monetization positive but carry regulatory and execution risk. Meta Hopes to Launch Stablecoin Payments Project This Year
• Negative Sentiment: Insider selling — CFO Susan Li disclosed a large sale (18,789 shares, ~21% reduction at the time) and COO Javier Olivan sold shares recently; such high‑value insider sales can prompt investor concern about executive conviction even if they are often for diversification or taxes. SEC filing: Susan J. Li sale SEC filing: Javier Olivan sale
• Negative Sentiment: High‑profile investor exit — reports that billionaire Stanley Druckenmiller eliminated his fund’s Meta position may weigh on sentiment and be interpreted as a vote of caution by some institutional players. Billionaire Investor Stanley Druckenmiller Eliminated His Fund’s Position in Meta Platforms
• Negative Sentiment: Legal/reputational risk from ongoing litigation — court filings about encryption and child‑safety concerns could prompt regulatory scrutiny and headline risk. Meta executive warned Facebook Messenger encryption plan was ‘so irresponsible’

About Meta Platforms

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.