Park Place Capital Corp increased its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 53.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,964 shares of the social networking company’s stock after acquiring an additional 1,734 shares during the quarter. Meta Platforms comprises about 0.7% of Park Place Capital Corp’s investment portfolio, making the stock its 29th biggest holding. Park Place Capital Corp’s holdings in Meta Platforms were worth $3,277,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the business. Trust Co of the South increased its stake in shares of Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after purchasing an additional 14 shares in the last quarter. Sentinel Pension Advisors LLC boosted its position in shares of Meta Platforms by 1.6% in the 3rd 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 in the last quarter. Alpine Bank Wealth Management boosted its position in shares of 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 purchasing an additional 14 shares in the last quarter. Valued Wealth Advisors LLC grew its stake in shares of Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock worth $334,000 after buying an additional 14 shares during the last quarter. Finally, Vista Capital Partners Inc. increased its holdings in shares of Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after acquiring an additional 14 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Large AI infrastructure commitment — Meta told investors it will boost spending on a West Texas AI data center to about $10 billion, signaling continued investment in model training capacity and long-term AI revenue opportunities. Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
- Positive Sentiment: Strategic silicon partnership — Meta is the lead partner / launch customer for Arm’s new AGI CPU, which could lower Meta’s long?run costs for AI inference/training and validate its data?center strategy. This reduces execution risk on large compute builds. Arm launches first own-brand chip with Meta as launch customer
- Positive Sentiment: Analyst view improving — Erste Group modestly raised FY2027 EPS estimates for Meta, showing some sell?side confidence in profit power despite near?term noise. Erste Group raises FY2027 EPS estimate for META
- Neutral Sentiment: Cost moves and workforce cuts — Meta has cut several hundred roles and reports of broader restructuring persist; layoffs can boost near?term margins but also signal stress amid massive CapEx. Meta Lays Off 700 Employees, While Rewarding Top Executives
- Neutral Sentiment: Executive retention program — Meta awarded performance?tied stock units/options to senior leaders to retain talent for its AI push; upside?only payoff if aggressive targets are met (long?term positive if execution succeeds). Meta grants senior executives stock awards to retain talent
- Neutral Sentiment: Unusual options activity — A surge in call buying suggests some traders are speculating on a rebound, increasing intraday volume and volatility (short?term noise).
- Negative Sentiment: Landmark legal losses — Back?to?back jury verdicts (including a Los Angeles negligent?design verdict and a New Mexico penalty) found Meta liable for harms to minors; investors fear follow?on suits, regulatory changes and larger fines or restrictions that could materially affect business models and costs. Meta shares slip after US jury verdicts raise concerns of new legal exposure
- Negative Sentiment: Huge AI CapEx and free?cash?flow risk — Market commentary highlights an aggressive 2026 CapEx plan (reported ranges well above prior years), which could compress free cash flow and make the stock more sensitive to execution and legal shocks. That combination is a primary driver of the selloff. Meta Reportedly Plans 20% Layoff: A Sign of Weakness or Strength?
Meta Platforms Trading Down 8.0%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results 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. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. During the same period in the previous year, the business earned $8.02 earnings per share. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend 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 8.94%.
Insider Buying and Selling
In other Meta Platforms news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the completion of the transaction, the chief operating officer directly owned 13,335 shares of the company’s stock, valued at $8,072,742.30. This trade represents a 6.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Susan J. Li sold 56,571 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 162,484 shares of company stock worth $104,015,906. Insiders own 13.61% of the company’s stock.
Analysts Set New Price Targets
META has been the subject of a number of research analyst reports. Pivotal Research reduced their target price on Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $900.00 target price (up from $870.00) on shares of Meta Platforms in a report on Thursday, January 29th. Jefferies Financial Group upped their price target on Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Stifel Nicolaus lifted their target price on shares of Meta Platforms from $785.00 to $820.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Rosenblatt Securities raised their price target on Meta Platforms from $1,117.00 to $1,144.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $846.63.
Get Our Latest Stock Report on META
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.
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