Prevail Innovative Wealth Advisors LLC lowered its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 29.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,415 shares of the social networking company’s stock after selling 1,804 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Meta Platforms were worth $3,242,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in META. Westchester Capital Management Inc. bought a new stake in shares of Meta Platforms in the 3rd quarter valued at approximately $26,000. Bare Financial Services Inc bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $30,000. Knuff & Co LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at $44,000. Spurstone Advisory Services LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at $59,000. Finally, Evergreen Private Wealth LLC grew its position in Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after acquiring an additional 35 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.
Meta Platforms News Summary
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta unveiled a roadmap for four new in?house AI chips (MTIA 300/400/450/500) aimed at inference workloads and faster iterative deployments — a long?term win for gross?margin control and scalability if Meta can reduce third?party hardware spend. Meta Chip Roadmap Puts AI Inference And Costs In Sharper Focus
- Positive Sentiment: Facebook Marketplace rolled out Meta AI features that auto?write listings and suggest prices — these product improvements can increase seller throughput and ad/commerce monetization. Meta AI Writes Listings and Sets Prices for Facebook Marketplace Sellers
- Positive Sentiment: Meta expanded AI?driven scam detection across Facebook, WhatsApp and Messenger, which helps reduce fraud liability and could improve user trust and engagement. Meta Rolls Out New Scam Alerts Across Facebook, WhatsApp, and Messenger
- Positive Sentiment: Investor endorsement: Michael Cuggino cited Meta as an AI pick for its cost discipline — a vote of confidence that may support long?term investor sentiment. Cuggino likes Meta for cost discipline
- Neutral Sentiment: Analysts at Evercore flagged that large internet names (including Meta) may be oversold amid AI/geopolitical worries — this could imply a rebound if sentiment stabilizes. Amazon, Uber, and Other Internet Stocks Look Too Cheap After AI and Iran Worries
- Neutral Sentiment: Meta acquired Moltbook, a niche social network for AI agents — strategically relevant for agent research but commercially unproven; more of a signal on R&D direction than immediate revenue impact. Meta to acquire Moltbook, the social network for AI agents
- Negative Sentiment: Insider selling: COO Javier Olivan reduced holdings in recent SEC filings — such sizable insider disposals can spook short?term investors even if routine. Insider sale filing
- Negative Sentiment: Regulatory risk: UK regulators and lawmakers are pressing big tech (including Meta) to do more to keep children off platforms — potential for stricter rules or compliance costs in key markets. UK watchdogs press Meta, TikTok, Snap and YouTube to block children
- Negative Sentiment: Public skepticism on costs: Commentary (e.g., Jim Cramer) asking why Meta retains ~78k employees if AI boosts productivity raises investor questions about future headcount, restructuring and near?term cost cuts. Cramer: Why does Meta need 78,000 employees if AI makes them 10x more productive?
- Negative Sentiment: Market reaction note: coverage flagged that Meta fell more than the broader market on the latest session — signaling profit?taking or short?term risk aversion despite the strategic positives. Here’s Why Meta Platforms (META) Fell More Than Broader Market
Meta Platforms Stock Performance
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.02 EPS. On average, research analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio is 8.94%.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on META. Evercore increased their price objective on Meta Platforms from $875.00 to $900.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Raymond James Financial lowered their target price on shares of Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating on the stock in a report on Monday, January 26th. Piper Sandler increased their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Jefferies Financial Group lifted their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, KeyCorp reduced 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 report on Monday, January 26th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average target price of $844.44.
Get Our Latest Stock Report on META
Insider Activity
In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, March 9th. The shares were sold at an average price of $634.94, for a total value of $587,954.44. Following the completion of the sale, the chief operating officer directly owned 15,187 shares of the company’s stock, valued at $9,642,833.78. This trade represents a 5.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 161,446 shares of company stock valued at $103,451,688 over the last three months. 13.61% of the stock is owned by insiders.
Meta Platforms 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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