Meta Platforms, Inc. $META is Wesbanco Bank Inc.’s 9th Largest Position

Wesbanco Bank Inc. boosted its position in Meta Platforms, Inc. (NASDAQ:META) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 84,617 shares of the social networking company’s stock after purchasing an additional 1,443 shares during the period. Meta Platforms comprises 1.5% of Wesbanco Bank Inc.’s portfolio, making the stock its 9th biggest holding. Wesbanco Bank Inc.’s holdings in Meta Platforms were worth $55,855,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in META. RD Finance Ltd lifted its stake in shares of Meta Platforms by 140.2% in the 4th quarter. RD Finance Ltd now owns 9,850 shares of the social networking company’s stock worth $6,502,000 after purchasing an additional 5,750 shares during the period. Chesapeake Wealth Management increased its holdings in Meta Platforms by 2.1% during the fourth quarter. Chesapeake Wealth Management now owns 4,734 shares of the social networking company’s stock valued at $3,125,000 after buying an additional 97 shares during the last quarter. Strategic Wealth Advisors LLC bought a new position in Meta Platforms in the fourth quarter worth approximately $29,000. Strengthening Families & Communities LLC boosted its stake in shares of Meta Platforms by 5.7% during the 4th quarter. Strengthening Families & Communities LLC now owns 1,498 shares of the social networking company’s stock worth $989,000 after acquiring an additional 81 shares during the last quarter. Finally, Insight 2811 Inc. boosted its stake in shares of Meta Platforms by 19.9% during the 4th quarter. Insight 2811 Inc. now owns 1,103 shares of the social networking company’s stock worth $728,000 after acquiring an additional 183 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the transaction, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the company’s stock in a transaction 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 sale, the chief operating officer owned 6,853 shares of the company’s stock, valued at approximately $4,143,118.21. This represents a 11.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 160,352 shares of company stock valued at $102,559,436 over the last quarter. Company insiders own 13.53% of the company’s stock.

Key Stories 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

Meta Platforms Stock Performance

META stock opened at $614.23 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The company has a market capitalization of $1.55 trillion, a PE ratio of 22.33, a P/E/G ratio of 1.08 and a beta of 1.25. The firm’s 50-day moving average is $622.18 and its 200 day moving average is $639.94. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on META. Scotiabank lifted their target price on Meta Platforms from $685.00 to $700.00 and gave the company a “sector perform” rating in a research report on Thursday, January 29th. Mizuho reduced their target price on shares of Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Citigroup reiterated an “outperform” rating on shares of Meta Platforms in a report on Thursday, January 29th. Pivotal Research reduced their target price on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $840.31.

Meta Platforms Company 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.