Meta Platforms, Inc. $META Shares Sold by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META) by 18.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 9,622 shares of the social networking company’s stock after selling 2,145 shares during the period. Meta Platforms accounts for approximately 1.0% of Hohimer Wealth Management LLC’s portfolio, making the stock its 13th largest position. Hohimer Wealth Management LLC’s holdings in Meta Platforms were worth $7,066,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms in the 3rd quarter valued at approximately $26,000. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms during the second quarter worth $30,000. Knuff & Co LLC acquired a new stake in shares of Meta Platforms during the second quarter worth $44,000. Spurstone Advisory Services LLC purchased a new position in Meta Platforms in the 2nd quarter valued at $59,000. Finally, Evergreen Private Wealth LLC increased its stake in Meta Platforms by 64.8% in the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after buying an additional 35 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling at Meta Platforms

In other news, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction that occurred on 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 sale, the chief technology officer directly owned 2,841 shares in the company, valued at $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Javier Olivan sold 629 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $637.21, for a total transaction of $400,805.09. Following the transaction, the chief operating officer directly owned 2,828 shares of the company’s stock, valued at approximately $1,802,029.88. This trade represents a 18.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 160,927 shares of company stock valued at $103,155,254 in the last quarter. Insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

META has been the subject of several recent analyst reports. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research note on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $810.00 price target on shares of Meta Platforms in a report on Thursday, January 29th. Barclays reaffirmed an “overweight” rating and issued a $800.00 price objective (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Truist Financial increased their target price on Meta Platforms from $875.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company raised their price target on Meta Platforms from $849.00 to $856.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $844.44.

Key Meta Platforms News

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

• Positive Sentiment: News Corp signed a multiyear AI content-licensing deal that gives Meta paid access to US/UK newsroom content for model training and retrieval — reduces legal risk around training data and improves quality of AI outputs. News Corp licensing deal
• Positive Sentiment: Meta is forming a new applied AI engineering organization (flat structure, close partnership with its Superintelligence Lab/Reality Labs) to speed model development — signals continued R&D investment that supports future AI product rollouts and monetization. Applied AI org
• Positive Sentiment: Reports say Meta is testing an AI-powered shopping research tool inside its chatbot — a direct move to expand commerce monetization beyond ads if rolled out at scale. AI shopping tool test
• Neutral Sentiment: Policy/power risk for data centers: the White House discussion on data-center self-supplied power and energy-cost pledges creates regulatory and capex uncertainty for operators (including hyperscalers). It’s a macro/legal issue rather than a Meta-specific earnings shock for now. Data center power policy
• Neutral Sentiment: Analysts and outlets are re‑examining Meta’s valuation after a strong multi‑year run; useful context for positioning but not an immediate catalyst. Valuation analysis
• Negative Sentiment: CFO Susan J. Li sold 56,571 shares (~$36.5M) in a disclosed SEC filing — large insider sales can spook retail investors even if done under pre-set plans. SEC filing – insider sale
• Negative Sentiment: Facebook experienced outages for thousands of U.S. users (Downdetector/Reuters) — a short-term engagement and reputation hit that can transiently pressure ad impressions and sentiment. Outage report
• Negative Sentiment: Reports that Meta scaled back parts of its custom “Olympus” AI accelerator program highlight execution risk and likely greater near‑term reliance on external GPU suppliers — a potential margin/capex and partner-concentration consideration. Chip program pullback

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $667.73 on Thursday. The firm has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 1.02 and a beta of 1.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business’s 50 day simple moving average is $655.49 and its 200-day simple moving average is $682.65. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

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, topping the consensus estimate of $8.16 by $0.72. The firm had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.Meta Platforms’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm posted $8.02 earnings per share. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

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.