Zevenbergen Capital Investments LLC Sells 55,314 Shares of Meta Platforms, Inc. $META

Zevenbergen Capital Investments LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 14.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 332,284 shares of the social networking company’s stock after selling 55,314 shares during the quarter. Meta Platforms accounts for about 4.9% of Zevenbergen Capital Investments LLC’s portfolio, making the stock its 4th biggest position. Zevenbergen Capital Investments LLC’s holdings in Meta Platforms were worth $219,337,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Trust Co of the South boosted its position in Meta Platforms by 0.8% in the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock worth $1,359,000 after purchasing an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC boosted its position in Meta Platforms by 1.6% during the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock worth $672,000 after purchasing an additional 14 shares during the period. Alpine Bank Wealth Management boosted its holdings in Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock worth $3,159,000 after buying an additional 14 shares during the period. Valued Wealth Advisors LLC grew its position in shares of Meta Platforms by 3.2% in the third quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 14 shares in the last quarter. Finally, Vista Capital Partners Inc. grew its holdings in Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after buying an additional 14 shares in the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $574.46 on Friday. The company has a market capitalization of $1.45 trillion, a PE ratio of 24.45, a PEG ratio of 0.89 and a beta of 1.31. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The business has a fifty day moving average price of $637.79 and a 200-day moving average price of $659.88.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same period in the previous year, the company earned $8.02 earnings per share. The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,461 shares of Meta Platforms stock in a transaction that occurred on Sunday, February 15th. The shares were sold at an average price of $639.77, for a total value of $1,574,473.97. Following the completion of the sale, the chief operating officer owned 12,108 shares of the company’s stock, valued at approximately $7,746,335.16. The trade was a 16.89% decrease in their position. 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 company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $644.70, for a total value of $36,471,323.70. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 161,448 shares of company stock worth $103,333,788 over the last quarter. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on META. Wells Fargo & Company reduced their price target on shares of Meta Platforms from $856.00 to $765.00 and set an “overweight” rating for the company in a research report on Thursday. Rothschild & Co Redburn set a $900.00 price target on shares of Meta Platforms in a research note on Monday, January 26th. Cantor Fitzgerald restated an “overweight” rating and set a $860.00 target price (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. Truist Financial increased their price target on shares of Meta Platforms from $875.00 to $900.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Stifel Nicolaus boosted their target price on Meta Platforms from $785.00 to $820.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $843.57.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Launched new AI wearables — Meta expanded its Ray?Ban smart?glasses lineup (prescription Ray?Ban Meta Blayzer Optics and Meta Scriber Optics), reinforcing the company’s push to monetize AI-powered consumer hardware and services. Meta Platforms, Inc. (META) Strengthens AI Strategy With New Glasses and Services
• Positive Sentiment: Moves into clinical VR with VA — Meta partnered with the U.S. Department of Veterans Affairs to scale clinical-grade VR therapy in VA medical centers, signaling enterprise and regulated-market adoption for its VR/Quest platform. This can open non?advertising revenue channels. Meta’s VA Partnership Puts Clinical VR Therapy In Meta Platforms Story
• Positive Sentiment: Building AI hardware capability — Meta’s Superintelligence Labs hired veteran engineer Rui Xu to lead hardware efforts, suggesting deeper investment in custom AI devices beyond glasses, which supports long?term vertical integration for AI compute and products. Meta Superintelligence Labs is quietly building a hardware team
• Neutral Sentiment: Wells Fargo trims price target but stays constructive — Wells Fargo cut its PT to $765 (from $856) while maintaining an Overweight rating, reflecting confidence in long?term AI upside despite nearer?term uncertainty ahead of earnings. Ahead of Meta, Alphabet earnings, Wells Fargo keeps overweight, cuts PTs
• Neutral Sentiment: China signals support for lawful cross?border deals — Beijing said it supports law?abiding transnational tech deals after reports of a Meta review, offering potential clarity for any China?related partnerships or supply arrangements. China says it supports law?abiding transnational deals after reports of Meta deal review
• Negative Sentiment: Bay Area layoffs — Meta is cutting roughly 200 roles in the San Francisco Bay Area as it restructures teams while reallocating capital toward AI infrastructure; layoffs can be read as cost discipline but also highlight internal reshaping and near?term workforce disruption. Meta’s Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
• Negative Sentiment: Rising legal/regulatory risk — Recent court losses and challenges to Section 230 protections have increased litigation and regulatory uncertainty for Meta, which could lead to higher compliance costs, content moderation expense and potential liabilities. Meta, Google under attack as court cases bypass 30?year?old legal shieldWhat’s next for Meta in the wake of trial losses and layoffs?
• Negative Sentiment: Analyst downgrades and PT trims — Morgan Stanley cut its PT to $775 citing softer ad trends and Erste downgraded to Hold; analyst cuts increase selling pressure and shorten the runway for multiple near?term catalysts. Morgan Stanley trims PT on Meta Platforms (META) to $775 amid softer advertising backdropMeta Platforms was downgraded by Erste Group Bank AG

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.