Chevy Chase Trust Holdings LLC Sells 40,433 Shares of Meta Platforms, Inc. $META

Chevy Chase Trust Holdings LLC lowered its position in Meta Platforms, Inc. (NASDAQ:META) by 3.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,112,547 shares of the social networking company’s stock after selling 40,433 shares during the quarter. Meta Platforms makes up approximately 2.2% of Chevy Chase Trust Holdings LLC’s portfolio, making the stock its 7th biggest position. Chevy Chase Trust Holdings LLC’s holdings in Meta Platforms were worth $817,032,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. Brighton Jones LLC grew its position in Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its stake in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after buying an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Meta Platforms during the second quarter worth about $213,000. Finally, Capital & Planning LLC purchased a new position in shares of Meta Platforms during the second quarter worth about $322,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta is rolling out new Meta AI features for Facebook Marketplace (automated listing creation and pricing) that help monetize its ads/commerce funnel and show ongoing productization of AI. Meta AI Writes Listings and Sets Prices for Facebook Marketplace Sellers
• Positive Sentiment: Meta outlined an aggressive in?house chip roadmap (MTIA series) focused on generative AI inference — this could lower long?term inference costs and improve margins if deployed at scale. Meta Chip Roadmap Puts AI Inference And Costs In Sharper Focus
• Positive Sentiment: Several bullish takeaways: fund managers cite Meta’s cost discipline and scale as advantages, and some analysts/notes argue the stock is attractively valued among large cap AI beneficiaries. These views provide a counterweight to short?term AI execution concerns. Cuggino likes Meta for cost discipline
• Neutral Sentiment: Insider selling: COO Javier Olivan disclosed sales in early March (files show multiple transactions). Sizeable insider sales can draw attention but don’t necessarily signal company fundamentals. SEC filing – Olivan insider sale
• Neutral Sentiment: Regulatory scrutiny continues in the U.K. around child safety on platforms — a recurring policy risk that can affect product rollouts and compliance costs but is broadly anticipated by investors. UK watchdogs press Meta to block children
• Negative Sentiment: Avocado delay: Multiple outlets report Meta pushed the Avocado launch from this month to at least May after performance concerns, prompting investor worry about missed timelines and competitive positioning vs. Google/OpenAI. Meta Delays Rollout of New A.I. Model After Performance Concerns
• Negative Sentiment: Market reaction & scrutiny: Reports highlight that the delay increases scrutiny of Meta’s multibillion?dollar AI investments and raises the risk of competitors pulling ahead, pressuring sentiment and the stock near term. Meta delays rollout of new AI model, NYT reports
• Negative Sentiment: Additional coverage frames the pause as a potential strategic cost — analysts and commentary ask whether Meta can afford to wait while rivals sprint ahead, amplifying short?term downside risk. Avocado on Ice: Can Meta Afford to Pause?

Analyst Ratings Changes

Several brokerages recently issued reports on META. KeyCorp dropped their price target on Meta Platforms from $875.00 to $835.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Wells Fargo & Company lifted their target price on Meta Platforms from $849.00 to $856.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Guggenheim boosted their target price on Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, January 29th. TD Cowen restated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, January 13th. Finally, DA Davidson increased their price target on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Three equities research 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $844.44.

Insider Activity

In related news, COO Javier Olivan sold 926 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $634.94, for a total value of $587,954.44. Following the sale, the chief operating officer directly owned 15,187 shares of the company’s stock, valued at approximately $9,642,833.78. This represents a 5.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the transaction, the chief technology officer owned 2,841 shares of the company’s stock, valued at $1,793,352.84. This trade represents a 74.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 160,349 shares of company stock worth $102,743,026. Company insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ:META opened at $613.71 on Monday. The firm’s fifty day simple moving average is $653.25 and its 200-day simple moving average is $676.88. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.55 trillion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 0.95 and a beta of 1.30. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25.

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

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 8.94%.

About Meta Platforms

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.