Sequoia Financial Advisors LLC Buys 27,310 Shares of Meta Platforms, Inc. $META

Sequoia Financial Advisors LLC boosted its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 252,334 shares of the social networking company’s stock after buying an additional 27,310 shares during the quarter. Meta Platforms comprises approximately 0.9% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Sequoia Financial Advisors LLC’s holdings in Meta Platforms were worth $166,564,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms during the 3rd quarter worth about $26,000. Key Capital Management INC acquired a new position in Meta Platforms during the 4th quarter worth about $48,000. Fairway Wealth LLC lifted its holdings in Meta Platforms by 36.8% during the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after buying an additional 21 shares during the period. Dorato Capital Management acquired a new position in Meta Platforms during the 4th quarter worth about $62,000. Finally, PMV Capital Advisers LLC lifted its holdings in Meta Platforms by 26.3% during the 4th 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 during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on META. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,015.00 target price on shares of Meta Platforms in a report on Thursday, April 30th. Arete Research reaffirmed a “neutral” rating on shares of Meta Platforms in a report on Thursday, March 5th. Truist Financial cut their target price on Meta Platforms from $900.00 to $840.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. TD Cowen cut their target price on Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $840.31.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 926 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $604.57, for a total value of $559,831.82. Following the completion of the sale, the chief operating officer directly owned 6,853 shares of the company’s stock, valued at $4,143,118.21. This represents a 11.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction that occurred on 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 directly owned 3,847 shares of the company’s stock, valued at approximately $2,565,949. This trade represents a 13.10% 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. Over the last three months, insiders sold 160,352 shares of company stock valued at $102,559,436. Company insiders own 13.61% of the company’s stock.

More Meta Platforms News

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

• Positive Sentiment: Bill Ackman’s Pershing Square continues to hold Meta alongside other megacap AI leaders, reinforcing the view that META remains a core long-term AI and digital ads name. Microsoft, Meta, Amazon and Google. Is Ackman’s Hedge Fund Just a Mag 7 Play?
• Positive Sentiment: Analysts and market commentary continue to point out that Meta’s latest earnings beat was strong, with faster revenue growth and better-than-expected EPS, which supports the bull case despite recent volatility.
• Neutral Sentiment: Meta is getting attention as one of the most-watched stocks on Zacks, suggesting investors are closely focused on what comes next for AI spending, ad growth, and margins. Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Meta is still a key part of the AI trade, but commentary about an AI bubble and crowded megacap positioning is keeping sentiment cautious around the stock. UBS warns AI stocks are overheating as growth expectations collide with history
• Negative Sentiment: Meta’s CFO said 2026 capital expenditures are expected to keep rising, intensifying concerns that heavy AI infrastructure spending could weigh on free cash flow and near-term profitability. Money Pit? Zuckerberg Just Exposed Why Hyperscaler AI Spending Keeps Going Up
• Negative Sentiment: Meta is facing fresh legal and regulatory pressure, including a New Mexico youth-safety trial, an Italian lawsuit over minors’ social media use, and a California suit tied to AI scam ads and advertising practices. Meta and Google fund US kids’ groups, as critics warn of social media risk
• Negative Sentiment: Some fund managers trimmed META holdings, which may add to near-term caution even though other investors increased exposure. ARK Investment’s Cathie Wood Cuts Meta Platforms Stake Sharply

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $614.23 on Friday. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The firm has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 22.33, a PEG ratio of 1.08 and a beta of 1.25. The business has a 50-day simple moving average of $622.18 and a 200 day simple moving average of $640.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion during the quarter, compared to analyst estimates of $55.56 billion. During the same period in the previous year, the company posted $6.43 EPS. The firm’s revenue was up 33.1% compared to the same quarter last year. On average, research analysts anticipate that Meta Platforms, Inc. will post 29.65 earnings per share for the current fiscal year.

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.