Meta Platforms, Inc. $META Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its holdings in Meta Platforms, Inc. (NASDAQ:META) by 15.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 34,557 shares of the social networking company’s stock after selling 6,507 shares during the quarter. TD Private Client Wealth LLC’s holdings in Meta Platforms were worth $22,811,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in META. Brighton Jones LLC grew its stake in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd grew its stake in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after purchasing an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Meta Platforms in the 2nd quarter worth approximately $213,000. Finally, Capital & Planning LLC acquired a new position in shares of Meta Platforms in the 2nd quarter worth approximately $322,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Meta Platforms stock opened at $612.34 on Wednesday. The firm’s 50 day simple moving average is $617.09 and its 200-day simple moving average is $636.70. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a market cap of $1.55 trillion, a P/E ratio of 22.26, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the previous year, the firm posted $6.43 earnings per share. The firm’s revenue was up 33.1% on a year-over-year basis. As a group, equities research analysts predict that Meta Platforms, Inc. will post 29.49 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on META shares. Pivotal Research lowered their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. BMO Capital Markets lifted their price objective on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a “market perform” rating in a research note on Thursday, January 29th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,015.00 price objective on shares of Meta Platforms in a research note on Thursday, April 30th. Evercore lifted their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Wedbush lifted their target price on shares of Meta Platforms from $880.00 to $900.00 and gave the stock an “outperform” rating in a research report 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 issued a Hold rating to the stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $840.19.

More Meta Platforms News

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

• Positive Sentiment: Investors are viewing Meta’s massive AI spending more favorably as analysts and market commentators argue the AI boom could last longer than expected, potentially strengthening the company’s competitive position. Article Title
• Positive Sentiment: Several recent pieces continue to frame Meta as a top long-term growth stock and a stock drawing increased investor attention, which can help reinforce bullish sentiment around the name. Article Title
• Neutral Sentiment: Meta is making a major workforce reduction in Washington state as part of a broader AI-driven restructuring, which may improve efficiency over time but also signals a significant internal reset. Article Title
• Neutral Sentiment: The company is also getting additional investor and public scrutiny around AI, jobs, and capital allocation, with commentary suggesting the market is still debating whether Meta’s heavy AI investment will pay off. Article Title
• Neutral Sentiment: JLens is urging shareholders to back a proposal demanding more transparency on content moderation, highlighting ongoing governance and brand-safety concerns ahead of the annual meeting. Article Title
• Negative Sentiment: The U.S. Supreme Court declined to hear Meta’s challenge to Vermont’s social media addiction lawsuit, keeping legal exposure alive in a case centered on alleged harms to young users. Article Title
• Negative Sentiment: Meta also faces a new lawsuit from Santa Clara County over allegedly scam-related AI ads, adding another regulatory and reputational overhang tied to ad practices and user safety. Article Title

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 56,571 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Javier Olivan sold 2,778 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief operating officer directly 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. Over the last three months, insiders have sold 95,471 shares of company stock valued at $60,616,955. Corporate insiders own 13.53% of the company’s stock.

Meta Platforms 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.