Meta Platforms, Inc. $META Holdings Decreased by Dorsey Asset Management LLC

Dorsey Asset Management LLC lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 21.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,224 shares of the social networking company’s stock after selling 52,884 shares during the quarter. Meta Platforms comprises approximately 12.7% of Dorsey Asset Management LLC’s investment portfolio, making the stock its 4th largest holding. Dorsey Asset Management LLC’s holdings in Meta Platforms were worth $141,165,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EFG Asset Management Americas Corp. boosted its stake in Meta Platforms by 0.4% in the 3rd quarter. EFG Asset Management Americas Corp. now owns 13,710 shares of the social networking company’s stock worth $10,068,000 after purchasing an additional 60 shares in the last quarter. Elevation Point Wealth Partners LLC increased its stake in Meta Platforms by 50.3% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 18,760 shares of the social networking company’s stock valued at $13,777,000 after purchasing an additional 6,275 shares in the last quarter. Eminence Capital LP increased its stake in Meta Platforms by 5.6% during the 3rd quarter. Eminence Capital LP now owns 58,578 shares of the social networking company’s stock valued at $43,019,000 after purchasing an additional 3,100 shares in the last quarter. Ehrenkranz Partners L.P. purchased a new position in shares of Meta Platforms in the third quarter worth $257,000. Finally, BlueSpruce Investments LP raised its holdings in shares of Meta Platforms by 35.1% in the third quarter. BlueSpruce Investments LP now owns 776,902 shares of the social networking company’s stock worth $570,541,000 after buying an additional 201,902 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Summary

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

• Positive Sentiment: Reports that Meta is preparing to cut roughly 20% of its workforce pushed expectations for multi‑billion dollar annual cost savings and sparked a rally as investors priced in faster path to profitability. Meta shares jump after Reuters report on plans for layoffs of 20% or more
• Positive Sentiment: JPMorgan reiterated an Overweight rating and reiterated a high price target, providing institutional support for the stock amid the headlines. Analysts set Meta stock price target
• Neutral Sentiment: Meta signed a large multi‑year AI infrastructure agreement with Nebius (reported up to $27B) — it secures compute capacity critical for scaling AI but also confirms very large future spend commitments. Markets see this as strategic but capital‑intensive. Meta signs deal worth up to $27 billion with Nebius for AI infrastructure
• Neutral Sentiment: Several bullish analyst/strategy pieces argue the pullback is a buying opportunity given Meta’s scale, ad growth and AI monetization runway — providing counterweight to cost/CapEx concerns. Delays, Compute Deals, And Sky‑High CapEx: Why I’m Still Bullish On Meta
• Neutral Sentiment: Nebius and other cloud partners have seen strong share moves on the deal, highlighting that Meta’s AI commitments are reshaping the supplier landscape even if the direct near‑term benefit to Meta is mixed. Meta’s $27B AI Cloud Deal Sends Nebius Group Stock Soaring
• Negative Sentiment: Multiple reports flag surging AI spending, product delays (Avocado AI, smart glasses) and high CapEx plans — investors worry these investments could pressure margins and cash flow before monetization. Meta Reportedly Plans Job Cuts as AI Spending Surges
• Negative Sentiment: Advertiser pushback on a new Facebook/Instagram payment policy raises modest short‑term ad revenue execution risk if it leads to reduced spend from affected advertisers. Why some Facebook and Instagram advertisers are freaking out about a new payment policy
• Negative Sentiment: Macro/regulatory uncertainty — including EU debates over content‑detection rules — keeps policy risk on investors’ radars; outcomes could affect compliance costs and product implementations in Europe. EU fails to extend rules on child abuse content detection by online platforms

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on META shares. Sanford C. Bernstein reissued an “outperform” rating and set a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Monness Crespi & Hardt raised their target price on Meta Platforms from $808.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Guggenheim lifted their price target on Meta Platforms from $800.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price target on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Finally, Mizuho increased their price objective on Meta Platforms from $815.00 to $850.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Three 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $844.44.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Javier Olivan sold 2,461 shares of the firm’s stock in a transaction that occurred on 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. The trade was a 16.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 159,830 shares of company stock valued at $102,409,190. 13.61% of the stock is owned by company insiders.

Meta Platforms Price Performance

Shares of META opened at $627.45 on Tuesday. The business’s 50-day moving average is $652.62 and its two-hundred day moving average is $676.01. The company has a market capitalization of $1.59 trillion, a P/E ratio of 26.70, a P/E/G ratio of 0.95 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 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: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 the consensus estimate of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same quarter in the previous year, the firm posted $8.02 EPS. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s payout ratio is presently 8.94%.

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.