Octavia Wealth Advisors LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,683 shares of the social networking company’s stock after purchasing an additional 860 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in Meta Platforms were worth $3,751,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. purchased a new stake in Meta Platforms during the third quarter worth about $26,000. Dorato Capital Management purchased a new stake in Meta Platforms during the fourth quarter worth about $62,000. PMV Capital Advisers LLC boosted its holdings in Meta Platforms by 26.3% during the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after buying an additional 20 shares in the last quarter. Evergreen Private Wealth LLC boosted its holdings in 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 buying an additional 35 shares in the last quarter. Finally, eCIO Inc. purchased a new stake in Meta Platforms during the fourth quarter worth about $66,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.
Meta Platforms Stock Performance
Shares of NASDAQ META opened at $674.72 on Thursday. The company has a market cap of $1.71 trillion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 1.09 and a beta of 1.31. Meta Platforms, Inc. has a 12 month low of $516.52 and a 12 month high of $796.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The company has a 50-day simple moving average of $627.44 and a 200-day simple moving average of $650.27.
Meta Platforms Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were issued a $0.525 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is 8.94%.
Analyst Ratings Changes
Several research firms recently weighed in on META. Guggenheim raised their price objective on Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Stifel Nicolaus dropped their price objective on Meta Platforms from $820.00 to $805.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Mizuho boosted their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Pivotal Research decreased their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research report on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $837.09.
View Our Latest Research Report on META
Insider Activity
In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total value of $386,860.00. Following the completion of the sale, the director owned 3,847 shares in the company, valued at $2,565,949. The trade was a 13.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $680.09, for a total value of $629,763.34. Following the completion of the sale, the chief operating officer owned 9,631 shares of the company’s stock, valued at $6,549,946.79. This trade represents a 8.77% 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. Insiders sold a total of 166,117 shares of company stock valued at $106,367,778 in the last 90 days. 13.61% of the stock is owned by company insiders.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Deutsche Bank reiterates a Buy and highlights Meta’s AI investments that could boost core ad revenue — bullish research note and $920 target underpins upside expectations. Deutsche Bank AI Impact
- Positive Sentiment: UBS raised its price target (to ~$908) and Citi/JMP reaffirmed market-outperform/near-$900 targets — multiple analyst upgrades lend momentum to the rally and support investor confidence. UBS hikes target
- Positive Sentiment: Meta broke ground on a >$1B data center in Tulsa and is ramping AI-capacity builds — tangible infrastructure expansion signals commitment to AI compute and long-term revenue/efficiency gains. Tulsa data center
- Positive Sentiment: Noon Energy partnership reserves up to 1 GW / 100 GWh of long?duration energy storage for Meta data centers — supports resilient, green AI operations and may lower operational risk/costs for large-capex builds. Noon Energy deal
- Positive Sentiment: Broadcom extended/expanded AI partnership with Meta through 2029 — supply/partnership continuity for AI hardware helps execution of Meta’s scale-up plans. Broadcom pact
- Neutral Sentiment: Investors are focused on Q1 earnings (Apr 29): company guidance implies very strong YoY revenue growth and Muse Spark AI monetization will be watched — results/guidance could amplify moves in either direction. Earnings preview
- Neutral Sentiment: COO Javier Olivan disclosed scheduled sales under a Rule 10b5?1 plan (multiple small blocks sold) — routine insider selling but worth noting given timing; not currently tied to new guidance. SEC filing
- Negative Sentiment: Reports that Meta will log employees’ keystrokes/mouse activity to train AI have sparked privacy and employee?relations concerns — potential PR, morale and regulatory risks that could attract scrutiny. Employee tracking
- Negative Sentiment: The Consumer Federation of America filed a class-action alleging Meta profited from scam ads and misled users — fresh litigation risk that could increase legal costs and reputational pressure. CFA lawsuit
Meta Platforms 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.
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