Meta Platforms, Inc. $META is Pacific Heights Asset Management LLC’s 4th Largest Position

Pacific Heights Asset Management LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 2.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,000 shares of the social networking company’s stock after buying an additional 4,000 shares during the quarter. Meta Platforms comprises 5.2% of Pacific Heights Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Pacific Heights Asset Management LLC’s holdings in Meta Platforms were worth $117,501,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of META. Bare Financial Services Inc acquired a new position in Meta Platforms during the second quarter worth about $30,000. Evergreen Private Wealth LLC increased its stake in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares in the last quarter. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the second quarter worth $42,000. Knuff & Co LLC purchased a new stake in Meta Platforms during the second quarter worth $44,000. Finally, WFA Asset Management Corp grew its holdings in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $668.73 on Thursday. The business’s 50-day moving average price is $646.63 and its 200 day moving average price is $695.85. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a market capitalization of $1.69 trillion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the prior year, the company posted $8.02 EPS. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.

Insider Activity

In other news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $665.00, for a total transaction of $343,805.00. Following the completion of the sale, the chief operating officer directly owned 10,132 shares in the company, valued at $6,737,780. This represents a 4.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, December 30th. The shares were sold at an average price of $658.69, for a total value of $341,860.11. Following the completion of the transaction, the insider owned 28,658 shares in the company, valued at $18,876,738.02. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,113 shares of company stock valued at $24,621,042 in the last ninety days. 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: Q4 results materially beat expectations: revenue roughly $59.9B and EPS of $8.88, plus first‑quarter revenue guidance above consensus ($53.5B–$56.5B). Strong ad momentum and user metrics support the core business. CNBC: Meta beats on top, bottom lines, gives stronger-than-expected forecast
• Positive Sentiment: Wall Street reaction includes fresh bullish calls and upgrades ahead of/after the print, reflecting confidence in ad recovery and AI-driven monetization. Evercore reiterates outperform
• Neutral Sentiment: Meta is testing premium subscription tiers across Instagram, Facebook and WhatsApp to diversify revenue and add AI features — a potential long‑term positive but unclear near‑term impact. CNBC: Meta to test premium subscription plans
• Neutral Sentiment: Large supplier deals (e.g., up to $6B with Corning for fiber‑optic cable) validate Meta’s AI data‑center buildout but also signal sustained capital intensity. CNBC: Corning deal
• Negative Sentiment: Reality Labs continues to be a heavy drag: an operating loss of about $6.02B in Q4 and management disclosing multi‑billion‑dollar losses tied to XR investments. That amplifies margin risk. CNBC: Reality Labs loss
• Negative Sentiment: Meta signaled a dramatic increase in AI capex for 2026 (management cited a $115B–$135B buildout range), a front‑loaded spending plan that raises questions about near‑term returns and margin dilution. Reuters: Capex rise
• Negative Sentiment: Earlier TechCrunch reporting shows Reality Labs burned roughly $19B in recent periods and layoffs in that unit — a reminder that XR investment remains costly and uncertain. TechCrunch: $19B VR burn
• Negative Sentiment: Insider sale: COO Javier Olivan sold 517 shares (small amount relative to his holdings) — a minor negative signal that some investors will note. SEC filing

Analyst Upgrades and Downgrades

A number of brokerages recently commented on META. Citizens Jmp reissued an “outperform” rating and issued a $900.00 price objective (up from $750.00) on shares of Meta Platforms in a research note on Monday, November 24th. Benchmark cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Rothschild & Co Redburn raised Meta Platforms from a “neutral” rating to a “buy” rating and upped their target price for the company from $740.00 to $900.00 in a research note on Monday. Royal Bank Of Canada dropped their price target on Meta Platforms from $840.00 to $810.00 and set an “outperform” rating for the company in a research report on Thursday, October 30th. Finally, Erste Group Bank downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Five analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $822.00.

About Meta Platforms

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.