Meta Platforms, Inc. $META Holdings Trimmed by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. trimmed its position in Meta Platforms, Inc. (NASDAQ:META) by 5.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 47,664 shares of the social networking company’s stock after selling 2,795 shares during the period. Meta Platforms comprises 0.8% of SBI Securities Co. Ltd.’s investment portfolio, making the stock its 23rd biggest position. SBI Securities Co. Ltd.’s holdings in Meta Platforms were worth $34,565,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of META. Horizons Wealth Management purchased a new stake in shares of Meta Platforms during the 3rd quarter valued at $33,000. Advantage Trust Co bought a new stake in shares of Meta Platforms during the 2nd quarter worth $28,000. Philadelphia Investment Partners LLC bought a new stake in shares of Meta Platforms during the 2nd quarter worth $32,000. Axiom Investment Management LLC purchased a new position in shares of Meta Platforms in the 1st quarter worth about $36,000. Finally, Schuylkill Financial LLC bought a new position in Meta Platforms during the second quarter valued at about $36,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Insider Activity at Meta Platforms

In related news, CEO Mark Zuckerberg sold 27,474 shares of Meta Platforms stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 629 shares of the business’s stock in a transaction on Monday, October 19th. The shares were sold at an average price of $707.20, for a total transaction of $444,828.80. Following the sale, the chief operating officer directly owned 947 shares in the company, valued at $669,718.40. The trade was a 39.91% decrease in their position. 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 148,440 shares of company stock worth $101,456,300. Insiders own 13.53% of the company’s stock.

Meta Platforms News Summary

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

• Positive Sentiment: Nvidia partnership validates Meta’s AI strategy: Nvidia plans to invest $3 billion in Meta and expand cooperation on Meta’s Muse AI assistant and model family. Meta is expected to deploy more Nvidia hardware, potentially strengthening Muse’s capabilities and supporting future monetization. Nvidia, Meta partner on Muse agent as Nvidia invests $3 billion
• Positive Sentiment: Core business momentum remains strong: Meta reported quarterly revenue of $64.6 billion, up 26% year over year, and exceeded earnings expectations. Advertising benefited from higher impressions and pricing, while analysts cited Meta’s massive user base and Muse’s potential in commerce, subscriptions and business tools. Analysts Turn Bullish on Meta Platforms Despite Post-Earnings Fall
• Positive Sentiment: Analysts remain constructive: Several analysts raised price targets or maintained bullish ratings, arguing that AI-enhanced advertising and successful adoption of Muse could create significant long-term revenue growth. Meta’s $825B AI Bet Is Massive, But Muse Could Make It Worth It

Meta Platforms Price Performance

Shares of META opened at $620.19 on Wednesday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The business has a 50-day moving average of $665.70 and a 200 day moving average of $632.70.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 EPS for the quarter, beating the consensus estimate of $6.54 by $0.86. The business had revenue of $64.60 billion for the quarter, compared to analysts’ expectations of $63.34 billion. Meta Platforms’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same period last year, the company earned $7.25 earnings per share. On average, research analysts expect that Meta Platforms, Inc. will post 28.98 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were given a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a dividend yield of 0.3%.

Analyst Upgrades and Downgrades

META has been the subject of a number of research analyst reports. DA Davidson raised their price objective on shares of Meta Platforms from $700.00 to $800.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $885.00 price objective on shares of Meta Platforms in a research report on Thursday, October 22nd. Tigress Financial reiterated a “strong-buy” rating and issued a $945.00 target price (down from $995.00) on shares of Meta Platforms in a research note on Thursday, September 24th. BMO Capital Markets increased their target price on shares of Meta Platforms from $580.00 to $685.00 and gave the company a “market perform” rating in a research report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Meta Platforms from $920.00 to $940.00 and gave the company an “overweight” rating in a research report on Thursday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $833.12.

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.