Meta Platforms, Inc. $META is OFI Invest Asset Management’s 8th Largest Position

OFI Invest Asset Management boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 16.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 229,314 shares of the social networking company’s stock after buying an additional 32,691 shares during the period. Meta Platforms accounts for about 1.9% of OFI Invest Asset Management’s portfolio, making the stock its 8th largest holding. OFI Invest Asset Management’s holdings in Meta Platforms were worth $151,368,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of META. State Street Corp increased its stake in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares in the last quarter. Danske Bank A S acquired a new position in shares of Meta Platforms during the 3rd quarter worth approximately $1,191,175,000. Concentrum Wealth Management boosted its holdings in shares of Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock worth $913,000 after purchasing an additional 1,124,998 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Meta Platforms by 209.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock worth $314,340,000 after purchasing an additional 824,276 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Meta Platforms during the 3rd quarter worth approximately $540,634,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently weighed in on META. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a report on Monday, January 26th. DA Davidson boosted their target price on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Arete Research restated a “neutral” rating on shares of Meta Platforms in a report on Thursday, March 5th. Mizuho boosted their target price on Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Barclays restated an “overweight” rating and set a $800.00 target price (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $837.72.

Meta Platforms Trading Up 0.8%

META opened at $676.87 on Friday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market capitalization of $1.71 trillion, a PE ratio of 28.80, a P/E/G ratio of 1.04 and a beta of 1.31. The business’s 50 day moving average price is $626.94 and its 200 day moving average price is $652.21. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating 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 firm had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. During the same period in the prior year, the firm posted $8.02 earnings per share. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were issued a $0.525 dividend. The ex-dividend date was 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 is currently 8.94%.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 2,778 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $629.45, for a total value of $1,748,612.10. Following the transaction, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $6,645,103.65. This represents a 20.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 56,571 shares of the company’s stock in a transaction that occurred 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. Over the last three months, insiders have sold 164,499 shares of company stock worth $105,237,895. Insiders own 13.61% of the company’s stock.

Key Meta Platforms News

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

• Positive Sentiment: Expanded multi?year AI chip partnership with Broadcom supports Meta’s plan to scale in?house AI accelerators and networking capacity through 2029, reducing supply risk and boosting long?term margin/compute control. Meta, Broadcom strike multi-year AI chip deal
• Positive Sentiment: CoreWeave confirmed Meta added roughly $21 billion of new commitments through 2032, signaling large, durable demand for AI cloud capacity tied to Meta’s training/inference needs. CoreWeave’s April Shockwave — Meta, Anthropic, Jane Street All Say Yes
• Positive Sentiment: Bullish analyst coverage: TD Cowen reaffirmed a Buy and set an $820 target, and Morgan Stanley named META a top Big Tech pick — both lift sentiment and buying interest. TD Cowen reiterates buy; $820 target
• Neutral Sentiment: Meta’s aggressive AI capex plans (massive 2026 investments) reinforce the company’s long?term AI thesis but also imply near?term heavy spending that could pressure free cash flow. Is Meta Platforms a Hot Internet Content and Information Stock as It Invests Heavily in AI?
• Neutral Sentiment: Macro: weekly jobless claims came in below expectations, a positive economic signal that can support ad demand and broad market risk appetite. Weekly Jobless Claims Below Expectations
• Neutral Sentiment: Internal changes at Reality Labs aim to speed hardware development — potentially positive for metaverse ambitions but execution risk remains. Meta Makes Major Changes to Speed Reality Labs’ Progress
• Negative Sentiment: EU regulators moved to force Meta to restore full WhatsApp access for rival AI assistants and ordered rollback of the access fee — a material regulatory risk that could limit monetization options and invite fines. EU warns Meta WhatsApp AI fee breaches antitrust rules, orders rollback
• Negative Sentiment: Meta will raise Quest VR headset prices in the U.S. starting April 19 due to higher memory chip costs — could damp demand for hardware and signal margin pressure in consumer devices. Meta to raise Quest VR headset prices in US on rising component costs
• Negative Sentiment: COO Javier Olivan executed planned Rule 10b5?1 sales, reducing his stake meaningfully; although on a trading plan, such sales can be perceived negatively by some investors. SEC filing: Javier Olivan insider sales

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.