FSA Advisors Inc. Raises Holdings in Meta Platforms, Inc. $META

FSA Advisors Inc. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 5,360.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,692 shares of the social networking company’s stock after acquiring an additional 64,489 shares during the period. Meta Platforms makes up approximately 7.5% of FSA Advisors Inc.’s holdings, making the stock its largest holding. FSA Advisors Inc.’s holdings in Meta Platforms were worth $43,363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Meta Platforms by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares in the last quarter. State Street Corp increased its holdings in shares of Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares in the last quarter. Capital World Investors increased its holdings in shares of Meta Platforms by 0.7% during the third quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock worth $28,823,375,000 after buying an additional 278,180 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Meta Platforms by 0.8% during the third quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company’s stock worth $12,597,374,000 after buying an additional 142,229 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Meta Platforms by 4.1% during the third quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company’s stock worth $10,525,258,000 after buying an additional 558,792 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $604.57, for a total value of $559,831.82. Following the transaction, the chief operating officer directly owned 6,853 shares of the company’s stock, valued at approximately $4,143,118.21. This trade represents a 11.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the completion of the transaction, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. The trade was a 13.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 169,231 shares of company stock valued at $108,239,954. 13.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Evercore raised their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Robert W. Baird raised their price objective on shares of Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a report on Thursday, April 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Finally, Raymond James Financial dropped 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 report on Monday, January 26th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $840.31.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $616.63 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The firm has a market cap of $1.56 trillion, a P/E ratio of 22.41, a P/E/G ratio of 1.06 and a beta of 1.25. The firm has a 50 day simple moving average of $623.98 and a 200 day simple moving average of $641.75. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. Meta Platforms’s revenue for the quarter was up 33.1% compared to the same quarter last year. During the same quarter last year, the business posted $6.43 earnings per share. Sell-side analysts predict that Meta Platforms, Inc. will post 29.65 earnings per share for the current fiscal year.

Key Meta Platforms News

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

• Positive Sentiment: Meta is expanding WhatsApp’s privacy tools with a new “incognito” mode for AI chats, which could help ease user concerns and support adoption of its AI features. Reuters article on WhatsApp incognito mode
• Positive Sentiment: The company also introduced more private messaging and sharing products, including an Instagram feature and additional AI privacy controls, which may help strengthen engagement and user trust over time. CNET article on Instagram Instants
• Neutral Sentiment: Meta is reportedly preparing to monetize WhatsApp more aggressively through a premium subscription model, which could eventually add high-margin recurring revenue, but the financial impact is still speculative. Seeking Alpha article on WhatsApp Plus
• Negative Sentiment: Santa Clara County filed a lawsuit accusing Meta of profiting from scam ads on Facebook and Instagram, adding to concerns that the company may face restitution, damages, and stricter oversight of its ad systems. Business Wire article on Santa Clara County complaint
• Negative Sentiment: Reuters reported that Meta is challenging New Mexico’s proposed $3.7 billion remedy in the teen mental health trial, underscoring the scale of potential liabilities from social media-related lawsuits. Reuters article on New Mexico trial
• Negative Sentiment: Separate reports said Meta lost a court fight in Italy over paying publishers for news snippets, reinforcing that international regulation could create additional costs and legal pressure. Reuters article on Italian publishers ruling

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.