Bluebird Wealth Management LLC Acquires Shares of 6,035 Meta Platforms, Inc. $META

Bluebird Wealth Management LLC bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,035 shares of the social networking company’s stock, valued at approximately $3,984,000. Meta Platforms accounts for 3.7% of Bluebird Wealth Management LLC’s portfolio, making the stock its 3rd largest position.

Other institutional investors have also recently made changes to their positions in the company. Retirement Planning Group LLC lifted its stake in shares of Meta Platforms by 4.5% in the 4th quarter. Retirement Planning Group LLC now owns 3,540 shares of the social networking company’s stock valued at $2,336,000 after purchasing an additional 151 shares during the period. Sequoia Financial Advisors LLC grew its stake in Meta Platforms by 12.1% in the fourth quarter. Sequoia Financial Advisors LLC now owns 252,334 shares of the social networking company’s stock worth $166,564,000 after purchasing an additional 27,310 shares during the period. WealthShield Partners LLC raised its holdings in Meta Platforms by 10.5% in the fourth quarter. WealthShield Partners LLC now owns 11,769 shares of the social networking company’s stock worth $7,768,000 after purchasing an additional 1,114 shares in the last quarter. Morton Capital Management LLC CA raised its holdings in Meta Platforms by 15.3% in the fourth quarter. Morton Capital Management LLC CA now owns 3,090 shares of the social networking company’s stock worth $2,040,000 after purchasing an additional 409 shares in the last quarter. Finally, Lmcg Investments LLC lifted its position in Meta Platforms by 8.4% during the fourth quarter. Lmcg Investments LLC now owns 24,294 shares of the social networking company’s stock valued at $16,036,000 after buying an additional 1,875 shares during the period. Institutional investors own 79.91% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

Analysts Set New Price Targets

META has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on shares of Meta Platforms from $765.00 to $770.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Arete Research reissued a “neutral” rating on shares of Meta Platforms in a research report on Thursday, March 5th. Jefferies Financial Group boosted their price objective on shares of Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Scotiabank upped their price objective on shares of Meta Platforms from $685.00 to $700.00 and gave the stock a “sector perform” rating in a report on Thursday, January 29th. Finally, Barclays raised their target price on shares of Meta Platforms from $800.00 to $830.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $840.31.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the transaction, the chief operating officer owned 10,557 shares in the company, valued at approximately $6,645,103.65. This represents a 20.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 56,571 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 160,352 shares of company stock worth $102,559,436. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $614.23 on Friday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a 50 day simple moving average of $622.18 and a two-hundred day simple moving average of $640.72. The company has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 1.08 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter last year, the firm earned $6.43 earnings per share. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. Analysts expect that Meta Platforms, Inc. will post 29.65 EPS 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.