Park Place Capital Corp increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 53.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,964 shares of the social networking company’s stock after purchasing an additional 1,734 shares during the quarter. Meta Platforms makes up 0.7% of Park Place Capital Corp’s holdings, making the stock its 29th biggest position. Park Place Capital Corp’s holdings in Meta Platforms were worth $3,277,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. S.E.E.D. Planning Group LLC lifted its position in Meta Platforms by 6.6% in the fourth quarter. S.E.E.D. Planning Group LLC now owns 19,093 shares of the social networking company’s stock worth $12,603,000 after buying an additional 1,174 shares during the last quarter. GEM Asset Management LLC increased its position in Meta Platforms by 53.6% during the fourth quarter. GEM Asset Management LLC now owns 507 shares of the social networking company’s stock valued at $329,000 after acquiring an additional 177 shares during the last quarter. jvl associates llc increased its position in Meta Platforms by 9.7% during the fourth quarter. jvl associates llc now owns 1,075 shares of the social networking company’s stock valued at $710,000 after acquiring an additional 95 shares during the last quarter. RF&L Wealth Management LLC raised its stake in shares of Meta Platforms by 27.1% in the fourth quarter. RF&L Wealth Management LLC now owns 8,385 shares of the social networking company’s stock valued at $5,535,000 after acquiring an additional 1,790 shares during the period. Finally, Diversified Trust Co. raised its stake in shares of Meta Platforms by 4.1% in the fourth quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company’s stock valued at $55,487,000 after acquiring an additional 3,336 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Meta Platforms Price Performance
Shares of META stock opened at $547.25 on Friday. 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 company has a market capitalization of $1.38 trillion, a P/E ratio of 23.29, a P/E/G ratio of 0.92 and a beta of 1.30. The company’s 50-day simple moving average is $645.82 and its two-hundred day simple moving average is $668.89. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.
Meta Platforms Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s dividend payout ratio is presently 8.94%.
Wall Street Analyst Weigh In
META has been the subject of a number of recent analyst reports. Rosenblatt Securities lifted their price target on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Robert W. Baird increased their price objective on shares of Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Raymond James Financial decreased their price objective on shares of Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a research note on Monday, January 26th. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Morgan Stanley increased their price target on Meta Platforms from $750.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Four investment 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $846.63.
Check Out Our Latest Stock Analysis on Meta Platforms
Insider Transactions at Meta Platforms
In other news, CFO Susan J. Li sold 56,571 shares of the 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total transaction of $560,581.88. Following the transaction, the chief operating officer directly owned 13,335 shares in the company, valued at approximately $8,072,742.30. The trade was a 6.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 162,484 shares of company stock valued at $104,015,906. Company insiders own 13.61% of the company’s stock.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Large AI infrastructure commitment — Meta told investors it will boost spending on a West Texas AI data center to about $10 billion, signaling continued investment in model training capacity and long-term AI revenue opportunities. Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
- Positive Sentiment: Strategic silicon partnership — Meta is the lead partner / launch customer for Arm’s new AGI CPU, which could lower Meta’s long‑run costs for AI inference/training and validate its data‑center strategy. This reduces execution risk on large compute builds. Arm launches first own-brand chip with Meta as launch customer
- Positive Sentiment: Analyst view improving — Erste Group modestly raised FY2027 EPS estimates for Meta, showing some sell‑side confidence in profit power despite near‑term noise. Erste Group raises FY2027 EPS estimate for META
- Neutral Sentiment: Cost moves and workforce cuts — Meta has cut several hundred roles and reports of broader restructuring persist; layoffs can boost near‑term margins but also signal stress amid massive CapEx. Meta Lays Off 700 Employees, While Rewarding Top Executives
- Neutral Sentiment: Executive retention program — Meta awarded performance‑tied stock units/options to senior leaders to retain talent for its AI push; upside‑only payoff if aggressive targets are met (long‑term positive if execution succeeds). Meta grants senior executives stock awards to retain talent
- Neutral Sentiment: Unusual options activity — A surge in call buying suggests some traders are speculating on a rebound, increasing intraday volume and volatility (short‑term noise).
- Negative Sentiment: Landmark legal losses — Back‑to‑back jury verdicts (including a Los Angeles negligent‑design verdict and a New Mexico penalty) found Meta liable for harms to minors; investors fear follow‑on suits, regulatory changes and larger fines or restrictions that could materially affect business models and costs. Meta shares slip after US jury verdicts raise concerns of new legal exposure
- Negative Sentiment: Huge AI CapEx and free‑cash‑flow risk — Market commentary highlights an aggressive 2026 CapEx plan (reported ranges well above prior years), which could compress free cash flow and make the stock more sensitive to execution and legal shocks. That combination is a primary driver of the selloff. Meta Reportedly Plans 20% Layoff: A Sign of Weakness or Strength?
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.
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