Oliver Luxxe Assets LLC Grows Position in Meta Platforms, Inc. $META

Oliver Luxxe Assets LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,187 shares of the social networking company’s stock after purchasing an additional 951 shares during the quarter. Meta Platforms makes up about 1.4% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 13th biggest holding. Oliver Luxxe Assets LLC’s holdings in Meta Platforms were worth $9,365,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in META. Westchester Capital Management Inc. purchased a new position in Meta Platforms in the third quarter valued at $26,000. Bare Financial Services Inc purchased a new stake in shares of Meta Platforms during the 2nd quarter worth about $30,000. Knuff & Co LLC purchased a new stake in shares of Meta Platforms during the 2nd quarter worth about $44,000. Evergreen Private Wealth LLC grew its position in shares of Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after acquiring an additional 35 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Meta Platforms during the 3rd quarter valued at about $71,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Down 1.8%

NASDAQ META opened at $592.92 on Wednesday. The business has a fifty day moving average price of $647.70 and a 200 day moving average price of $670.27. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The company has a market cap of $1.50 trillion, a P/E ratio of 25.23, a P/E/G ratio of 0.93 and a beta of 1.30. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results 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 company had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.02 EPS. Research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be given a dividend of $0.525 per share. The ex-dividend date is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms’s payout ratio is presently 8.94%.

More Meta Platforms News

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

• Positive Sentiment: CTO Andrew Bosworth will lead Meta’s “AI for Work” initiatives, signaling a top-down push to embed AI across operations that could improve productivity and long-term margins. Meta Names New Leader of Company’s Efforts To Become AI Native
• Positive Sentiment: Meta hired the Dreamer team to scale personalized AI agents, strengthening its talent and product roadmap for agentic AI — a strategic move that supports future ad/product monetization. Meta Recruits Dreamer Team to Scale Personalized AI Agents
• Positive Sentiment: Meta is building in-house AI infrastructure (custom MTIA chips and optical interconnect work) to lower long-term AI costs and secure supply — a step that could expand gross margins as GenAI demand grows. Meta’s Custom AI Chips And Optical Links Reframe Long Term Margins
• Positive Sentiment: Erste Group upgraded META to Buy, citing AI investments and pricing power — a supportive analyst signal that may attract some buyers despite near-term volatility. Erste Group Upgrades Meta (META) to Buy, Highlights the Company’s AI Investments
• Neutral Sentiment: Meta is experimenting with internal CEO/exec AI agents and paying creators to boost engagement — these are strategic experiments that could help product engagement but are not guaranteed to move near-term revenue. Meta Will Pay Influencers Up to $3,000/Month to Post on Facebook
• Neutral Sentiment: Reported short-interest figures in the feed appear inconsistent/zero and are not providing clear bearish pressure today (data unreliable).
• Negative Sentiment: A New Mexico jury ordered Meta to pay $375 million after finding the company misled consumers and failed to protect minors from predators — a significant legal loss that raises potential damages exposure, regulatory scrutiny and reputational risk; a separate Los Angeles trial remains unresolved and could add further liability. Meta Ordered to Pay $375 Million Over Child Safety Violations
• Negative Sentiment: Additional legal pressure: a lawsuit alleges Meta targeted older workers in layoffs — another potential litigation headline that can add to near-term uncertainty. Lawsuit Claims Meta Platforms Targeted Older Workers in Layoffs

Analyst Ratings Changes

A number of equities analysts recently weighed in on META shares. Guggenheim upped their price target on Meta Platforms from $800.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Monness Crespi & Hardt raised their price objective on Meta Platforms from $808.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Bank of America boosted their price objective on Meta Platforms from $810.00 to $885.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Mizuho upped their target price on Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $900.00 price target (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $846.63.

Insider Activity at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $632.02, for a total value of $366,571.60. Following the completion of the sale, the director owned 4,427 shares in the company, valued at approximately $2,797,952.54. This represents a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $632.02, for a total transaction of $585,250.52. Following the completion of the transaction, the chief operating officer directly owned 14,261 shares in the company, valued at $9,013,237.22. This trade represents a 6.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 160,929 shares of company stock valued at $103,074,540. Corporate insiders own 13.61% 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.