OPTIMAS CAPITAL Ltd Purchases 1,640 Shares of Meta Platforms, Inc. $META

OPTIMAS CAPITAL Ltd bought a new stake in Meta Platforms, Inc. (NASDAQ:META) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 1,640 shares of the social networking company’s stock, valued at approximately $1,189,000. Meta Platforms makes up approximately 1.6% of OPTIMAS CAPITAL Ltd’s portfolio, making the stock its 16th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Horizons Wealth Management acquired a new position in shares of Meta Platforms in the third quarter valued at approximately $33,000. Advantage Trust Co purchased a new stake in Meta Platforms during the 2nd quarter worth approximately $28,000. Prudent Man Investment Management Inc. increased its stake in Meta Platforms by 116.7% during the 3rd quarter. Prudent Man Investment Management Inc. now owns 52 shares of the social networking company’s stock worth $38,000 after buying an additional 28 shares during the period. Philadelphia Investment Partners LLC acquired a new stake in Meta Platforms during the 2nd quarter worth approximately $32,000. Finally, Axiom Investment Management LLC acquired a new stake in Meta Platforms during the 1st quarter worth approximately $36,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 7,848 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the transaction, the chief technology officer owned 828 shares in the company, valued at approximately $462,024. This represents a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 40,000 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the sale, the insider directly owned 184,516 shares in the company, valued at approximately $131,515,624.16. This trade represents a 17.82% 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. In the last quarter, insiders have sold 149,398 shares of company stock valued at $102,134,435. Company insiders own 13.42% of the company’s stock.

Trending Headlines about Meta Platforms

These are some of the META headlines that stood out recently:

• Positive Sentiment: JPMorgan named Meta its preferred internet stock, citing AI’s contribution to advertising performance and potential growth in Family of Apps ad revenue. Article: Meta Platforms Wins JPMorgan Backing
• Neutral Sentiment: Infrastructure chief Santosh Janardhan is set to leave in early 2027, with former AWS executive David Brown slated to succeed him and lead infrastructure work tied to Meta’s AI computing initiative. The planned succession may support continuity, though the leadership change comes during a major infrastructure buildout. Article: Meta head of infrastructure will leave and be succeeded by former AWS cloud exec
• Negative Sentiment: Meta’s Facebook was fined by Brazil’s electoral court over alleged failure to provide equal content during a presidential campaign, adding regulatory and reputational risk. Article: Meta Fined by Brazil Electoral Court

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Wedbush raised their price target on shares of Meta Platforms from $700.00 to $730.00 and gave the company a “neutral” rating in a research report on Thursday, October 22nd. KeyCorp lifted their target price on shares of Meta Platforms from $900.00 to $905.00 and gave the company an “overweight” rating in a report on Thursday, October 22nd. Bank of America raised their target price on shares of Meta Platforms from $810.00 to $845.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Scotiabank lifted their price target on Meta Platforms from $600.00 to $650.00 and gave the company a “sector perform” rating in a research note on Thursday, October 22nd. Finally, Barclays upped their target price on shares of Meta Platforms from $780.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $833.12.

Meta Platforms Price Performance

META stock opened at $628.77 on Thursday. The stock has a 50-day moving average price of $678.62 and a two-hundred day moving average price of $632.12. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $779.82. The company has a market cap of $1.61 trillion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 1.11 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.54 by $0.86. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The company had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. During the same quarter last year, the company earned $7.25 earnings per share. Meta Platforms’s revenue for the quarter was up 26.1% on a year-over-year basis. As a group, research analysts predict that Meta Platforms, Inc. will post 29.01 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were issued a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is 7.16%.

Meta Platforms Profile

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.