Meta Platforms, Inc. $META Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA decreased its position in Meta Platforms, Inc. (NASDAQ:META) by 0.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,010,840 shares of the social networking company’s stock after selling 6,690 shares during the quarter. Primecap Management Co. CA’s holdings in Meta Platforms were worth $742,341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in META. Westchester Capital Management Inc. purchased a new position in shares of Meta Platforms during the third quarter valued at approximately $26,000. Bare Financial Services Inc acquired a new position in Meta Platforms in the 2nd quarter valued at $30,000. Knuff & Co LLC purchased a new position in shares of Meta Platforms during the 2nd quarter worth $44,000. Spurstone Advisory Services LLC acquired a new stake in shares of Meta Platforms during the second quarter worth $59,000. Finally, Evergreen Private Wealth LLC boosted its holdings in shares of Meta Platforms by 64.8% during the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after purchasing an additional 35 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $639.18, for a total transaction of $370,724.40. Following the sale, the director owned 5,007 shares in the company, valued at $3,200,374.26. This trade represents a 10.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 926 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $652.68, for a total transaction of $604,381.68. Following the transaction, the chief operating officer directly owned 17,039 shares in the company, valued at approximately $11,121,014.52. The trade was a 5.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 159,372 shares of company stock valued at $102,164,393. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $654.99 on Wednesday. The firm has a fifty day moving average of $655.47 and a 200-day moving average of $682.76. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $1.66 trillion, a P/E ratio of 27.87, a PEG ratio of 1.01 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 for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same quarter in the previous year, the business posted $8.02 EPS. The business’s quarterly revenue was up 23.8% on a year-over-year basis. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Jefferies Financial Group increased their target price on Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Evercore increased 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. Argus restated a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a report on Monday, February 2nd. Stifel Nicolaus increased their price target on shares of Meta Platforms from $785.00 to $820.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $850.00 price target (up from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $844.44.

Key Meta Platforms News

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

• Positive Sentiment: Multiyear content-licensing agreement with News Corp provides paid training data and retrieval content for Meta’s AI tools, likely supporting AI product quality and potential revenue/licensing synergies. News Corp licensing deal
• Positive Sentiment: Meta is testing an AI-powered shopping research tool for its chatbot — a direct product push into commerce via AI that could expand monetization channels beyond ads. AI shopping tool test
• Positive Sentiment: Company is creating a new applied AI engineering org (flat structure, high IC:manager ratios) to speed up its superintelligence / Reality Labs AI work — signals continued R&D investment that supports long-term AI roadmap. Applied AI org
• Neutral Sentiment: Analysts and outlets are reassessing Meta’s valuation after a strong multi‑year run; some analyses describe the stock as reasonably priced given scale and profit margins — useful context for investors but not an immediate catalyst. Valuation analysis
• Neutral Sentiment: Marketwide volatility (geopolitical tensions) is weighing on tech names broadly and could pressure META alongside peers; this is a macro headwind rather than company-specific news. Macro risk note
• Negative Sentiment: CFO Susan J. Li sold 56,571 shares (~$36.5M) under a disclosed SEC filing; large insider sales can cause short-term investor concern even if executed via pre-set plans. SEC filing – insider sale
• Negative Sentiment: Facebook experienced outages for thousands of U.S. users (Downdetector reports), a short-term engagement/reputation hit that could transiently pressure ad impressions and sentiment. Outage report
• Negative Sentiment: Reports say Meta scrapped its second‑generation Olympus AI accelerator program, highlighting execution risks in custom silicon and likely increasing dependence on external GPU suppliers (Nvidia/AMD) — strategic cost/partner implications. Chip program pullback

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.