Net Worth Advisory Group Purchases 1,428 Shares of Meta Platforms, Inc. $META

Net Worth Advisory Group raised its position in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 34.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,594 shares of the social networking company’s stock after purchasing an additional 1,428 shares during the quarter. Meta Platforms accounts for approximately 0.7% of Net Worth Advisory Group’s holdings, making the stock its 26th largest holding. Net Worth Advisory Group’s holdings in Meta Platforms were worth $3,693,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after acquiring an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its position in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $213,000. Finally, Capital & Planning LLC bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $322,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms News Roundup

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

  • Positive Sentiment: Meta launched new Ray?Ban prescription smart glasses and Oakley updates that add hands?free features (nutrition logging, real?time translation), reinforcing growth prospects for Reality Labs and consumer AR wearables. Article Title Article Title
  • Positive Sentiment: Meta and Corning broke ground on a large optical?cable expansion in North Carolina to support AI data?center buildout—strengthening Meta’s supply chain for AI infrastructure. Article Title
  • Positive Sentiment: Analysts and market pieces highlight Meta’s AI and engagement feature rollouts (and recent product launches) as drivers for ad growth; buy?side firms including Morgan Stanley/others continue to call the pullback a tactical buying opportunity. Article Title Article Title
  • Neutral Sentiment: Meta is testing Instagram Plus (paid tier) and other monetization experiments; these could boost ARPU if scaled, but are currently limited pilot programs. Article Title
  • Neutral Sentiment: Meta is sharing retail and wearables learnings with partners to help physical retail for its AI/VR products—incremental channel development, uncertain near?term revenue impact. Article Title
  • Negative Sentiment: Meta suffered two major legal setbacks: a New Mexico ruling holding it accountable for child safety and an LA jury finding apps were designed to addict teens—both raise potential damages, regulatory pressure and litigation risk. Article Title
  • Negative Sentiment: Indonesia summoned Meta over non?compliance with new rules protecting under?16 users, and regulators in other markets are flagging potential breaches—heightening compliance costs and moderation burdens. Article Title
  • Negative Sentiment: Meta announced another round of layoffs impacting ~168 Washington state employees, signalling continued cost actions but also operational disruption in key VR/Reality teams. Article Title

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $605.38, for a total transaction of $560,581.88. Following the completion of the transaction, the chief operating officer owned 13,335 shares in the company, valued at approximately $8,072,742.30. This trade represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Susan J. Li sold 56,571 shares of the business’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 value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 161,448 shares of company stock worth $103,333,788. Insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on META shares. Arete Research reissued a “neutral” rating on shares of Meta Platforms in a research report on Thursday, March 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $900.00 target price (up from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. KeyCorp lowered their price target on shares of Meta Platforms from $875.00 to $835.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. Mizuho boosted their price target on shares of Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Meta Platforms from $800.00 to $825.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $845.54.

Check Out Our Latest Stock Report on Meta Platforms

Meta Platforms Price Performance

Shares of META opened at $572.13 on Wednesday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $641.61 and its 200 day simple moving average is $663.23. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a market cap of $1.45 trillion, a price-to-earnings ratio of 24.35, a PEG ratio of 0.83 and a beta of 1.30.

Meta Platforms (NASDAQ:METAGet Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same quarter last year, the company posted $8.02 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. On average, research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s dividend payout ratio is presently 8.94%.

About Meta Platforms

(Free Report)

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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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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