Elevation Point Wealth Partners LLC Boosts Stock Position in Meta Platforms, Inc. $META

Elevation Point Wealth Partners LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META) by 50.3% during the third quarter, HoldingsChannel.com reports. The firm owned 18,760 shares of the social networking company’s stock after buying an additional 6,275 shares during the period. Meta Platforms makes up about 1.0% of Elevation Point Wealth Partners LLC’s portfolio, making the stock its 21st biggest holding. Elevation Point Wealth Partners LLC’s holdings in Meta Platforms were worth $13,777,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in META. Norges Bank acquired a new stake in Meta Platforms in the second quarter valued at $23,155,393,000. Laurel Wealth Advisors LLC grew its holdings in Meta Platforms by 73,443.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock worth $6,212,506,000 after acquiring an additional 8,405,558 shares in the last quarter. State Street Corp grew its holdings in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after acquiring an additional 1,650,435 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Meta Platforms by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares during the last quarter. Finally, Concentrum Wealth Management increased its position in shares of Meta Platforms by 948.7% in the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock worth $913,000 after purchasing an additional 1,124,998 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Meta Platforms News

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

• Positive Sentiment: Meta is rolling out new Meta AI features for Facebook Marketplace (automated listing creation and pricing) that help monetize its ads/commerce funnel and show ongoing productization of AI. Meta AI Writes Listings and Sets Prices for Facebook Marketplace Sellers
• Positive Sentiment: Meta outlined an aggressive in‑house chip roadmap (MTIA series) focused on generative AI inference — this could lower long‑term inference costs and improve margins if deployed at scale. Meta Chip Roadmap Puts AI Inference And Costs In Sharper Focus
• Positive Sentiment: Several bullish takeaways: fund managers cite Meta’s cost discipline and scale as advantages, and some analysts/notes argue the stock is attractively valued among large cap AI beneficiaries. These views provide a counterweight to short‑term AI execution concerns. Cuggino likes Meta for cost discipline
• Neutral Sentiment: Insider selling: COO Javier Olivan disclosed sales in early March (files show multiple transactions). Sizeable insider sales can draw attention but don’t necessarily signal company fundamentals. SEC filing – Olivan insider sale
• Neutral Sentiment: Regulatory scrutiny continues in the U.K. around child safety on platforms — a recurring policy risk that can affect product rollouts and compliance costs but is broadly anticipated by investors. UK watchdogs press Meta to block children
• Negative Sentiment: Avocado delay: Multiple outlets report Meta pushed the Avocado launch from this month to at least May after performance concerns, prompting investor worry about missed timelines and competitive positioning vs. Google/OpenAI. Meta Delays Rollout of New A.I. Model After Performance Concerns
• Negative Sentiment: Market reaction & scrutiny: Reports highlight that the delay increases scrutiny of Meta’s multibillion‑dollar AI investments and raises the risk of competitors pulling ahead, pressuring sentiment and the stock near term. Meta delays rollout of new AI model, NYT reports
• Negative Sentiment: Additional coverage frames the pause as a potential strategic cost — analysts and commentary ask whether Meta can afford to wait while rivals sprint ahead, amplifying short‑term downside risk. Avocado on Ice: Can Meta Afford to Pause?

Meta Platforms Price Performance

Shares of META opened at $613.71 on Monday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. 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 stock has a fifty day moving average price of $653.25 and a 200 day moving average price of $676.88. The company has a market cap of $1.55 trillion, a P/E ratio of 26.12, a PEG ratio of 0.95 and a beta of 1.30.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. During the same period last year, the business posted $8.02 earnings per share. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be given a $0.525 dividend. The ex-dividend date is Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is currently 8.94%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Guggenheim upped their target price on shares of Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Rosenblatt Securities boosted their price objective on Meta Platforms from $1,117.00 to $1,144.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research note on Thursday, January 29th. Citizens Jmp reaffirmed an “outperform” rating and set a $900.00 target price (up from $750.00) on shares of Meta Platforms in a report on Monday, November 24th. Finally, Barclays reaffirmed an “overweight” rating and set a $800.00 target price (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $844.44.

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $634.94, for a total value of $587,954.44. Following the sale, the chief operating officer owned 15,187 shares in the company, valued at approximately $9,642,833.78. This trade represents a 5.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 8,089 shares of Meta Platforms 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 approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 160,349 shares of company stock worth $102,743,026 in the last ninety days. 13.61% of the stock is owned by insiders.

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.