Meta Platforms, Inc. $META Stock Sold by Tanager Wealth Management LLP

Tanager Wealth Management LLP lessened its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 10.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,354 shares of the social networking company’s stock after selling 818 shares during the quarter. Tanager Wealth Management LLP’s holdings in Meta Platforms were worth $5,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Meta Platforms Trading Down 7.0%

META opened at $648.85 on Friday. The firm has a market capitalization of $1.65 trillion, a P/E ratio of 24.44, a P/E/G ratio of 1.33 and a beta of 1.19. The firm’s 50 day moving average is $663.35 and its 200-day moving average is $629.62. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, October 21st. The social networking company reported $7.40 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.86. The business had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 31.74%. The business’s quarterly revenue was up 26.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.25 earnings per share. Analysts expect that Meta Platforms, Inc. will post 26.28 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.91%.

Key Meta Platforms News

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

• Positive Sentiment: Meta reported third-quarter revenue of $64.6 billion, up 26.1% year over year, while adjusted earnings of $7.40 per share exceeded analyst expectations. Advertising remained robust, supported by AI-driven engagement, higher ad prices and improved conversion rates. META’s Q3 Earnings Beat Estimates
• Positive Sentiment: Meta said its Muse AI assistant surpassed 10 million users shortly after launch, strengthening the long-term case for new advertising, consumer and enterprise revenue opportunities. Meta says Muse has over 10M users
• Positive Sentiment: Several firms raised their price targets and maintained bullish ratings, including Bank of America, JPMorgan, UBS, Citigroup, Mizuho and Pivotal Research, citing resilient advertising and improving AI prospects. Meta Stock Falls Despite Strong Q3 Results
• Neutral Sentiment: Meta announced a 2-for-1 stock split and a new non-voting Class C share. The structure could help fund its AI buildout while preserving Mark Zuckerberg’s voting control, but it also raises concerns about future dilution and governance. Meta wants to pay for its AI buildout
• Negative Sentiment: Investors were alarmed by Meta’s capital-spending outlook of approximately $135 billion to $145 billion for 2026. Heavy data-center and AI investment pushed free cash flow negative, while credit-default-swap costs reached a record, intensifying concerns about debt or equity financing. Meta stock sinks as AI spend pushes free cash flow negative
• Negative Sentiment: A New Mexico judge ordered Meta to pay $25 billion in a Cambridge Analytica-related privacy case. Meta plans to appeal, but the verdict adds substantial legal, regulatory and reputational risk. Meta ordered to pay $25 billion to New Mexico
• Negative Sentiment: Broader technology-market weakness, AI-investment concerns and escalating Middle East tensions added to the selling pressure, making it harder for Meta’s earnings beat to support the stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Canaccord Genuity Group lifted their target price on shares of Meta Platforms from $930.00 to $950.00 and gave the stock a “buy” rating in a research report on Friday, September 25th. The Goldman Sachs Group reissued a “buy” rating and set a $885.00 price objective on shares of Meta Platforms in a research note on Thursday. Royal Bank Of Canada upped their target price on Meta Platforms from $770.00 to $800.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Meta Platforms from $920.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Rosenblatt Securities restated a “buy” rating and set a $886.00 target price on shares of Meta Platforms in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $833.12.

Insiders Place Their Bets

In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $777.44, for a total transaction of $21,359,386.56. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 946 shares of the business’s stock in a transaction dated Monday, October 19th. The shares were sold at an average price of $707.20, for a total value of $669,011.20. Following the completion of the sale, the chief operating officer directly owned 5,986 shares of the company’s stock, valued at approximately $4,233,299.20. This represents a 13.65% 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. Insiders have sold 149,906 shares of company stock worth $102,347,409 in the last three months. 13.53% of the stock is owned by insiders.

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.