Spirepoint Private Client LLC Boosts Stock Position in Meta Platforms, Inc. $META

Spirepoint Private Client LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 19.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,885 shares of the social networking company’s stock after purchasing an additional 805 shares during the quarter. Spirepoint Private Client LLC’s holdings in Meta Platforms were worth $3,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Goldstone Financial Group LLC grew its holdings in Meta Platforms by 44.4% during the third quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock valued at $2,756,000 after purchasing an additional 1,153 shares during the period. Diversify Advisory Services LLC lifted its position in shares of Meta Platforms by 10.4% during the 2nd quarter. Diversify Advisory Services LLC now owns 55,431 shares of the social networking company’s stock valued at $43,790,000 after buying an additional 5,224 shares during the last quarter. CW Advisors LLC grew its stake in shares of Meta Platforms by 27.8% during the 2nd quarter. CW Advisors LLC now owns 176,762 shares of the social networking company’s stock worth $130,467,000 after acquiring an additional 38,432 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Meta Platforms by 11.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company’s stock worth $155,387,000 after acquiring an additional 20,912 shares during the period. Finally, Stephens Inc. AR increased its holdings in Meta Platforms by 5.6% in the 2nd quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company’s stock worth $62,507,000 after acquiring an additional 4,473 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Down 1.7%

META opened at $641.97 on Tuesday. The firm has a market capitalization of $1.62 trillion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.29 and a beta of 1.29. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a fifty day moving average price of $641.35 and a 200-day moving average price of $702.93. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.74 by $0.51. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the company earned $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% on a year-over-year basis. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.

More Meta Platforms News

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

• Positive Sentiment: Meta named Dina Powell McCormick as president and vice chair, a senior hire expected to help execute its large AI and infrastructure agenda. This adds experienced deal‑making and political connections to management. Reuters: Dina Powell joins Meta
• Positive Sentiment: Meta launched “Meta Compute” and reiterated plans to build gigawatt‑scale AI compute capacity — a strategic move to control AI infrastructure and product differentiation long term. Reuters: Meta Compute
• Positive Sentiment: Meta agreed to prepay/partner on large nuclear and energy projects (e.g., Oklo/Vistra) to secure baseload power for AI data centers — this reduces long‑term operating risk from grid constraints and could create a durable competitive moat. MarketBeat: Meta and Oklo energy deal
• Positive Sentiment: Analyst coverage remains constructive: Wells Fargo kept an overweight stance while slightly tweaking its price target, signaling continued analyst confidence in the multi‑year story. Benzinga: Wells Fargo note
• Neutral Sentiment: Meta rolled out a new performance program (“Checkpoint”) to reward top performers—could improve productivity but is mainly an HR/retention change. BI: Checkpoint program
• Neutral Sentiment: Meta adjusted WhatsApp policy scope in some markets (e.g., excluding Italy from a rival‑chatbot ban) — an operational compliance tweak that reduces friction in that market. Reuters: Italy exclusion
• Negative Sentiment: Meta plans cuts of roughly 10–15% of Reality Labs staff and other Reality Labs layoffs were reported — signals that metaverse businesses remain a drag and that near‑term restructuring / impairment risk remains. Reuters: Reality Labs cuts
• Negative Sentiment: Brazil’s antitrust authority opened an investigation and suspended new WhatsApp Business terms — adding regulatory/legal risk and potential product friction in a large market. Reuters: Brazil probe
• Negative Sentiment: Meta removed ~550k accounts in Australia to comply with an under‑16 ban and publicly urged policy rethink — regulatory actions and user‑coverage limits create near‑term user growth and PR headwinds. Yahoo: Australia under‑16 ban

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $593.31, for a total value of $6,935,793.90. Following the transaction, the chief technology officer owned 2,415 shares of the company’s stock, valued at $1,432,843.65. This represents a 82.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert M. Kimmitt sold 600 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the sale, the director owned 7,347 shares in the company, valued at approximately $4,476,894.45. This trade represents a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 40,519 shares of company stock valued at $25,133,331 in the last ninety days. Insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on META shares. Truist Financial dropped their price objective on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Citigroup reissued a “buy” rating on shares of Meta Platforms in a research report on Thursday, December 4th. DA Davidson set a $825.00 price objective on shares of Meta Platforms in a report on Thursday, October 30th. Wells Fargo & Company reduced their price objective on shares of Meta Platforms from $802.00 to $795.00 and set an “overweight” rating for the company in a research note on Monday. Finally, BNP Paribas initiated coverage on Meta Platforms in a research report on Monday, November 24th. They set an “outperform” rating and a $800.00 target price on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $822.73.

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.