Meta Platforms, Inc. $META Stock Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC trimmed its stake in Meta Platforms, Inc. (NASDAQ:META) by 72.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 9,965 shares of the social networking company’s stock after selling 26,286 shares during the period. Teamwork Financial Advisors LLC’s holdings in Meta Platforms were worth $7,227,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Corient Private Wealth LP grew its stake in shares of Meta Platforms by 723.1% in the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock valued at $4,957,946,000 after buying an additional 7,732,446 shares in the last quarter. Jupiter Topco LLC acquired a new position in Meta Platforms during the 2nd quarter worth about $2,948,486,000. State Street Corp lifted its stake in Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares in the last quarter. Bank of America Corp DE lifted its stake in Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after acquiring an additional 2,673,494 shares in the last quarter. Finally, Amundi boosted its holdings in Meta Platforms by 18.1% during the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock valued at $6,784,873,000 after acquiring an additional 1,815,017 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Price Performance

META stock opened at $697.52 on Thursday. The business’s 50-day moving average is $662.27 and its two-hundred day moving average is $629.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a market capitalization of $1.78 trillion, a P/E ratio of 26.27, a P/E/G ratio of 1.28 and a beta of 1.19. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $779.82.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 21st. The social networking company reported $7.40 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. During the same period in the previous year, the company posted $7.25 earnings per share. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. Analysts anticipate that Meta Platforms, Inc. will post 27.32 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.91%.

Meta Platforms News Roundup

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

• Positive Sentiment: Revenue and earnings exceeded expectations. Meta reported record quarterly revenue of approximately $64.6 billion, up 26% year over year and above the roughly $63.3 billion consensus estimate. Earnings of $7.40 per share also surpassed analyst expectations near $6.54. The results highlighted continued strength in advertising volume, pricing and monetization. Meta Platforms Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Muse is gaining meaningful traction. Meta said its AI assistant Muse has more than 10 million users, with shopping among the leading activities. Investors see the product as a potential way to increase engagement, improve recommendations and generate additional advertising and commerce revenue across Meta’s roughly 3.5 billion-user ecosystem. Meta Says Muse Has Over 10M Users
• Positive Sentiment: Analysts view the core business and AI returns favorably. Commentary following the report cited strong ad efficiency, higher engagement and healthy adjusted operating margins, supporting bullish views that Meta’s AI investments are beginning to contribute to the advertising business. Meta Q3 Strong Growth Makes This a Strong Buy
• Neutral Sentiment: Meta is expanding AI funding while trying to manage cash pressure. Third-quarter capital expenditures reached about $34.9 billion, and the company raised the low end of its annual spending outlook. A new nonvoting Class C share is intended to help fund the AI buildout without reducing Mark Zuckerberg’s voting control, but it introduces potential dilution and reinforces concerns about heavy future investment. Meta to Issue New Class of Shares
• Negative Sentiment: Legal liabilities remain a major overhang. A $9.9 billion charge tied to a teen social-media lawsuit weighed on reported profit, while a New Mexico court ordered Meta to pay $25 billion in a separate privacy case. Meta plans to appeal, but the judgment increases regulatory, financial and reputational risks. Meta Ordered to Pay $25 Billion to New Mexico
• Negative Sentiment: AI profitability is not yet established. Zuckerberg said Muse carries very high computing costs, and Reality Labs could lose approximately $15 billion next year. These losses may limit free cash flow and keep investors sensitive to whether AI growth ultimately produces returns exceeding the cost of the buildout. Meta CEO Says Muse and Reality Labs Are Unprofitable
• Negative Sentiment: Insider selling added a modest cautionary signal. COO Javier Olivan sold shares under a pre-arranged Rule 10b5-1 plan. Because the transactions were scheduled in advance, they are not necessarily a judgment on Meta’s outlook, but they reduce his direct ownership. SEC Insider Ownership Filing

Analyst Ratings Changes

Several research analysts have recently commented on the stock. New Street Research lowered their price objective on shares of Meta Platforms from $730.00 to $700.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Canaccord Genuity Group lifted their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the company a “buy” rating in a report on Friday, September 25th. CICC Research cut their target price on shares of Meta Platforms from $773.00 to $700.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Jefferies Financial Group upped their target price on shares of Meta Platforms from $710.00 to $875.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. Finally, HSBC reduced their target price on shares of Meta Platforms from $905.00 to $830.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $811.24.

Insider Buying and Selling

In other Meta Platforms news, insider Christopher Cox sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the transaction, the insider owned 184,516 shares in the company, valued at $131,515,624.16. The trade was a 17.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan Li sold 9,196 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 149,906 shares of company stock valued at $102,347,409 over the last ninety days. 13.53% of the stock is currently owned by corporate insiders.

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.