Moneco Advisors LLC lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 13.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,325 shares of the social networking company’s stock after selling 1,317 shares during the period. Moneco Advisors LLC’s holdings in Meta Platforms were worth $5,495,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC raised its holdings in Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after acquiring an additional 14 shares in the last quarter. First National Bank Sioux Falls raised its holdings in Meta Platforms by 0.7% in the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after acquiring an additional 14 shares in the last quarter. Levin Capital Strategies L.P. raised its holdings in Meta Platforms by 1.4% in the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its holdings in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after acquiring an additional 14 shares in the last quarter. Finally, Bruce G. Allen Investments LLC raised its holdings in Meta Platforms by 2.9% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 539 shares of the social networking company’s stock valued at $396,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Wall Street Analysts Forecast Growth
META has been the subject of several recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a report on Thursday, April 30th. Scotiabank upped their price target on Meta Platforms from $685.00 to $700.00 and gave the company a “sector perform” rating in a report on Thursday, January 29th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $900.00 price target on shares of Meta Platforms in a report on Tuesday, April 21st. Raymond James Financial cut their price target on Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a report on Monday, January 26th. Finally, Pivotal Research lowered their price objective on Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Four investment 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 MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $840.19.
Meta Platforms Trading Up 0.5%
META stock opened at $610.26 on Friday. The firm has a market cap of $1.54 trillion, a P/E ratio of 22.18, a P/E/G ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The business’s 50 day moving average is $617.68 and its 200-day moving average is $637.00. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The business had revenue of $56.31 billion for 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 revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the company earned $6.43 EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 29.49 earnings per share for the current fiscal year.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched a standalone “Forum” app for Facebook Groups, signaling a new product push that could deepen user engagement and add pressure to competitors like Reddit. Meta quietly launches a new Reddit-like app called Forum
- Positive Sentiment: Meta is cutting jobs and shifting resources toward AI, which investors may view as an efficiency move that supports long-term profit margins and keeps the company focused on its biggest growth area. Meta Cuts 8,000 Jobs, Boosts AI Team: What This Means for Employees
- Neutral Sentiment: Meta also settled a school-district lawsuit over alleged social media addiction harms, removing one legal overhang, though the broader regulatory and litigation risk around its platforms remains. Texas sues Meta, WhatsApp over encryption privacy claims
- Neutral Sentiment: Other headlines around Meta’s dual-class control structure, insider share sales, and broader AI spending debate are adding to the narrative, but they are less likely to drive the stock on their own than the new app launch and workforce reshaping.
- Negative Sentiment: The Texas attorney general’s lawsuit against Meta and WhatsApp over encryption and privacy claims adds another legal risk for investors to monitor. Google, Meta, TikTok face EU consumer complaints about handling of financial scams
- Negative Sentiment: Competition concerns are also in focus after Meta’s Forum app appeared to pressure Reddit shares, reinforcing worries that Meta’s scale lets it copy or crowd out rival social platforms.
Insider Buying and Selling
In related news, COO Javier Olivan sold 837 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $609.35, for a total transaction of $510,025.95. Following the sale, the chief operating officer directly owned 14,660 shares in the company, valued at $8,933,071. This represents a 5.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Susan J. Li sold 9,195 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 152,728 shares of company stock worth $96,925,217 in the last three months. Insiders own 13.53% of the company’s stock.
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.
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