Meta Platforms, Inc. $META Position Lifted by TB Alternative Assets Ltd.

TB Alternative Assets Ltd. increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 93.7% during the third quarter, HoldingsChannel.com reports. The fund owned 104,806 shares of the social networking company’s stock after buying an additional 50,703 shares during the period. Meta Platforms makes up approximately 11.5% of TB Alternative Assets Ltd.’s holdings, making the stock its largest holding. TB Alternative Assets Ltd.’s holdings in Meta Platforms were worth $76,967,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in META. Bare Financial Services Inc purchased a new position in Meta Platforms during the 2nd quarter worth $30,000. Evergreen Private Wealth LLC increased its holdings in Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after buying 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 acquired a new position in shares of Meta Platforms during the 2nd quarter worth $44,000. Finally, WFA Asset Management Corp raised its position in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Manus acquisition accelerates Meta’s agent/automation strategy, adds millions of paying users and is being priced as a direct technology and user-base bolt-on that could lift long-term revenue growth. Read More.
• Positive Sentiment: Wall Street remains constructive — several firms have Buy/Outperform views and some elevated price targets, providing support that heavy AI spending could pay off and helping sentiment after the acquisition. Read More.
• Neutral Sentiment: Stock-split chatter and price/forecast pieces are generating retail interest but don’t change fundamentals; splits can boost retail demand but don’t affect intrinsic value. Read More.
• Negative Sentiment: Legal risk: the U.S. Virgin Islands sued Meta alleging it profited from scam ads and failed to protect children — litigation could bring fines, remediation costs and reputational damage. Read More.
• Negative Sentiment: Regulatory/geopolitical scrutiny: Manus’s founders’ China ties have already drawn Washington attention and reporting shows Meta prepared playbooks to fend off pressure — integration could face delays or extra oversight. Read More.
• Negative Sentiment: Insider selling: COO Javier Oliván and Chief Legal Officer Jennifer Newstead disclosed share sales in late December — small vs. total holdings but they add headline noise at a sensitive time. Read More.

Meta Platforms Trading Down 0.9%

NASDAQ:META opened at $660.09 on Thursday. The firm has a market capitalization of $1.66 trillion, a P/E ratio of 29.16, a P/E/G ratio of 1.37 and a beta of 1.28. The business has a 50 day simple moving average of $650.53 and a 200 day simple moving average of $705.70. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The firm’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same period last year, the company earned $6.03 earnings per share. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.

Insiders Place Their Bets

In other news, COO Javier Olivan sold 517 shares of the business’s stock in a transaction on Monday, December 29th. The stock was sold at an average price of $658.14, for a total value of $340,258.38. Following the sale, the chief operating officer owned 12,200 shares of the company’s stock, valued at approximately $8,029,308. The trade was a 4.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $658.69, for a total transaction of $341,860.11. Following the sale, the insider owned 28,658 shares of the company’s stock, valued at $18,876,738.02. The trade was a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,074 shares of company stock worth $26,269,739 over the last ninety days. Company insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Piper Sandler reduced their price objective on Meta Platforms from $880.00 to $840.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Stifel Nicolaus cut their price target on shares of Meta Platforms from $900.00 to $875.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Bank of America cut their price objective on Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Finally, Citizens Jmp reissued an “outperform” rating and set a $900.00 price target (up from $750.00) on shares of Meta Platforms in a research report on Monday, November 24th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $820.22.

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.