Timber Creek Capital Management LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 23.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 13,010 shares of the social networking company’s stock after acquiring an additional 2,433 shares during the period. Meta Platforms accounts for approximately 2.0% of Timber Creek Capital Management LLC’s investment portfolio, making the stock its 18th biggest holding. Timber Creek Capital Management LLC’s holdings in Meta Platforms were worth $8,588,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. Sentinel Pension Advisors LLC lifted its position in Meta Platforms by 1.6% during the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock worth $672,000 after acquiring an additional 14 shares during the last quarter. Alpine Bank Wealth Management lifted its position in Meta Platforms by 0.3% during the third quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock worth $3,159,000 after acquiring an additional 14 shares during the last quarter. Valued Wealth Advisors LLC lifted its position in Meta Platforms by 3.2% during the third quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock worth $334,000 after acquiring an additional 14 shares during the last quarter. Vista Capital Partners Inc. grew its holdings in Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after buying an additional 14 shares in the last quarter. Finally, JGP Wealth Management LLC grew its holdings in Meta Platforms by 0.7% in the 3rd quarter. JGP Wealth Management LLC now owns 2,274 shares of the social networking company’s stock valued at $1,653,000 after buying an additional 15 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Meta Platforms Stock Performance
META opened at $674.72 on Thursday. The firm has a market cap of $1.71 trillion, a P/E ratio of 28.71, a price-to-earnings-growth ratio of 1.09 and a beta of 1.31. Meta Platforms, Inc. has a 52-week low of $516.52 and a 52-week high of $796.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The business’s fifty day moving average is $627.44 and its 200-day moving average is $650.27.
Meta Platforms Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were given a $0.525 dividend. The ex-dividend date was Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 8.94%.
Analyst Upgrades and Downgrades
A number of brokerages have commented on META. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $810.00 price objective on shares of Meta Platforms in a report on Thursday, January 29th. Piper Sandler upped their price objective on Meta Platforms from $840.00 to $880.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. BMO Capital Markets lifted their price objective on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a “market perform” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $800.00 to $825.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Finally, Wells Fargo & Company dropped their price objective on shares of Meta Platforms from $856.00 to $765.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $837.09.
Read Our Latest Analysis on META
Insider Activity
In other news, COO Javier Olivan sold 2,778 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares in the company, valued at approximately $6,645,103.65. The trade was a 20.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the sale, the chief technology officer directly owned 2,841 shares in the company, valued at approximately $1,793,352.84. This represents a 74.01% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 166,117 shares of company stock worth $106,367,778. 13.61% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Deutsche Bank reiterates a Buy and highlights Meta’s AI investments that could boost core ad revenue — bullish research note and $920 target underpins upside expectations. Deutsche Bank AI Impact
- Positive Sentiment: UBS raised its price target (to ~$908) and Citi/JMP reaffirmed market-outperform/near-$900 targets — multiple analyst upgrades lend momentum to the rally and support investor confidence. UBS hikes target
- Positive Sentiment: Meta broke ground on a >$1B data center in Tulsa and is ramping AI-capacity builds — tangible infrastructure expansion signals commitment to AI compute and long-term revenue/efficiency gains. Tulsa data center
- Positive Sentiment: Noon Energy partnership reserves up to 1 GW / 100 GWh of long?duration energy storage for Meta data centers — supports resilient, green AI operations and may lower operational risk/costs for large-capex builds. Noon Energy deal
- Positive Sentiment: Broadcom extended/expanded AI partnership with Meta through 2029 — supply/partnership continuity for AI hardware helps execution of Meta’s scale-up plans. Broadcom pact
- Neutral Sentiment: Investors are focused on Q1 earnings (Apr 29): company guidance implies very strong YoY revenue growth and Muse Spark AI monetization will be watched — results/guidance could amplify moves in either direction. Earnings preview
- Neutral Sentiment: COO Javier Olivan disclosed scheduled sales under a Rule 10b5?1 plan (multiple small blocks sold) — routine insider selling but worth noting given timing; not currently tied to new guidance. SEC filing
- Negative Sentiment: Reports that Meta will log employees’ keystrokes/mouse activity to train AI have sparked privacy and employee?relations concerns — potential PR, morale and regulatory risks that could attract scrutiny. Employee tracking
- Negative Sentiment: The Consumer Federation of America filed a class-action alleging Meta profited from scam ads and misled users — fresh litigation risk that could increase legal costs and reputational pressure. CFA lawsuit
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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