Meta Platforms, Inc. $META is Voya Investment Management LLC’s 6th Largest Position

Voya Investment Management LLC cut its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,178,457 shares of the social networking company’s stock after selling 440,691 shares during the quarter. Meta Platforms makes up approximately 2.3% of Voya Investment Management LLC’s holdings, making the stock its 6th largest holding. Voya Investment Management LLC’s holdings in Meta Platforms were worth $2,332,111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bare Financial Services Inc acquired a new stake in Meta Platforms in the second quarter valued at $30,000. Evergreen Private Wealth LLC increased its position in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after purchasing an additional 38 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at about $42,000. Knuff & Co LLC bought a new position in shares of Meta Platforms during the second quarter worth about $44,000. Finally, WFA Asset Management Corp grew its stake in Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta is reported to be developing new multimodal AI — an image/video model codenamed “Mango” and a text model called “Avocado” targeted for H1?2026, which could accelerate product differentiation and ad/engagement upgrades. Read More.
• Positive Sentiment: U.S. federal action on AI (an executive order to create a national AI framework) is being viewed as a net positive for Big Tech — it could reduce a patchwork of state rules and lower compliance complexity for large platforms like Meta. Read More.
• Neutral Sentiment: Wedbush trimmed its price target from $920 to $880 but kept an “outperform” rating — the cut tempers upside expectations but the firm still implies substantial upside vs. current levels. Read More.
• Negative Sentiment: Austrias Supreme Court ruled Meta’s personalized ad model unlawful and ordered sweeping user?data access changes across the EU — this is a binding precedent that raises regulatory, compliance and revenue risk in Europe. Read More.
• Negative Sentiment: Several insiders (including General Counsel Jennifer Newstead and COO Javier Olivan) have sold blocks of shares in recent weeks — repeated insider sales can be perceived negatively by the market even if amounts are small relative to overall holdings. Read More. Read More.

Analyst Ratings Changes

Several analysts have issued reports on the company. DA Davidson set a $825.00 price objective on Meta Platforms in a research note on Thursday, October 30th. UBS Group boosted their price target on Meta Platforms from $900.00 to $915.00 and gave the company a “buy” rating in a report on Thursday, October 30th. KeyCorp reduced their price objective on Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Mizuho dropped their target price on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research report on Thursday, October 30th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $1,117.00 price objective on shares of Meta Platforms in a research report on Friday, December 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $818.59.

Meta Platforms Stock Performance

NASDAQ:META opened at $658.77 on Monday. The company has a 50-day moving average of $659.76 and a 200-day moving average of $707.43. The firm has a market cap of $1.66 trillion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 1.38 and a beta of 1.28. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period in the previous year, the firm earned $6.03 EPS. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. Analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Monday, December 15th. Meta Platforms’s dividend payout ratio is 9.28%.

Insider Buying and Selling

In related news, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $643.23, for a total value of $333,836.37. Following the completion of the transaction, the insider owned 29,696 shares in the company, valued at $19,101,358.08. This trade represents a 1.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Andrew Bosworth sold 11,690 shares of Meta Platforms stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total value of $6,935,793.90. Following the completion of the transaction, the chief technology officer directly owned 2,415 shares in the company, valued at $1,432,843.65. This represents a 82.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 41,557 shares of company stock worth $26,074,750 over the last quarter. 13.61% of the stock is currently owned by insiders.

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.