Meta Platforms, Inc. $META is F m Investments LLC’s 7th Largest Position

F m Investments LLC lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 1.3% in the fourth quarter, Holdings Channel reports. The firm owned 85,652 shares of the social networking company’s stock after selling 1,162 shares during the period. Meta Platforms accounts for about 2.1% of F m Investments LLC’s investment portfolio, making the stock its 7th largest position. F m Investments LLC’s holdings in Meta Platforms were worth $56,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of META. Westchester Capital Management Inc. purchased a new stake in shares of Meta Platforms during the third quarter worth about $26,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $29,000. Key Capital Management INC purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $48,000. Fairway Wealth LLC increased its stake in shares of Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after purchasing an additional 21 shares in the last quarter. Finally, Merrithew & Thorsten Inc purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta’s AI and advertising strategy still appears to be generating real business results, with one analysis pointing to strong ad impressions, higher ad prices, and continued revenue growth that could help justify its heavy capital spending. Meta’s Selloff Looks Like A Major Misread
• Positive Sentiment: Meta also announced new parental supervision tools across Facebook, Instagram, Messenger, and Horizon, which could support trust and platform engagement over time. Meta’s new tools allow parents to better supervise their kids’ social media accounts. Will they work?
• Positive Sentiment: Zefr said it is deepening its partnership with Meta by adding AI-powered pre-bid controls to Threads, a sign that advertisers continue building on Meta’s newer products. Zefr Deepens Meta Partnership, Bringing AI-Powered Pre-Bid Controls to Threads Feed
• Neutral Sentiment: Several hedge-fund filings showed mixed investor sentiment, with some managers adding to Meta while others trimmed stakes, offering no clear single-direction signal for the shares. Tiger Global boosts Meta Platforms stake by 336,249 shares
• Negative Sentiment: Meta is starting layoffs affecting about 8,000 employees, roughly 10% of its workforce, and expects the cuts to roll out in waves this week and possibly continue later in the year. Meta layoffs starting this week stress harsh AI reality inside Zuckerberg’s company
• Negative Sentiment: Reports that Meta is reorganizing 7,000 employees toward AI and telling workers to stay remote during the layoff process reinforce fears that rising AI investment is creating pressure on headcount and margins. Meta Reassigns 7,000 Employees to Focus on A.I.
• Negative Sentiment: Commentary around Meta’s “brutal” AI spending and large-scale job cuts is fueling concern that capital expenditures are getting too large before investors see enough return. Meta’s 8,000 Job Cuts To Foot The $145B AI Bill

Meta Platforms Stock Performance

NASDAQ:META opened at $611.21 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The firm has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 22.22, a PEG ratio of 1.08 and a beta of 1.25. The company’s 50-day moving average is $621.20 and its two-hundred day moving average is $638.95. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms’s revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the business posted $6.43 EPS. Analysts forecast that Meta Platforms, Inc. will post 29.65 EPS for the current year.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the transaction, the chief technology officer directly owned 2,841 shares in the company, valued at $1,793,352.84. The trade was a 74.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Javier Olivan sold 2,778 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the completion of the transaction, the chief operating officer owned 10,557 shares in the company, valued at $6,645,103.65. The trade was a 20.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 158,971 shares of company stock worth $101,676,729 in the last ninety days. 13.53% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

META has been the subject of a number of research reports. Scotiabank boosted their target price on shares of Meta Platforms from $685.00 to $700.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 29th. Roth Mkm reaffirmed a “buy” rating on shares of Meta Platforms in a research note on Thursday, April 30th. UBS Group dropped their price objective on shares of Meta Platforms from $908.00 to $865.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Argus reaffirmed a “buy” rating and set a $800.00 price objective on shares of Meta Platforms in a research note on Monday, February 2nd. Finally, Pivotal Research dropped their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a research note on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $840.31.

Meta Platforms Company 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.