Simplicity Wealth LLC Trims Stock Holdings in Meta Platforms, Inc. $META

Simplicity Wealth LLC lowered its position in Meta Platforms, Inc. (NASDAQ:META) by 23.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,008 shares of the social networking company’s stock after selling 5,327 shares during the period. Meta Platforms comprises approximately 0.7% of Simplicity Wealth LLC’s holdings, making the stock its 25th largest position. Simplicity Wealth LLC’s holdings in Meta Platforms were worth $11,227,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms in the third quarter valued at approximately $26,000. Key Capital Management INC acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $48,000. Fairway Wealth LLC increased its holdings in shares of Meta Platforms by 36.8% in the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock valued at $51,000 after purchasing an additional 21 shares during the period. Dorato Capital Management acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $62,000. Finally, PMV Capital Advisers LLC increased its holdings in shares of Meta Platforms by 26.3% in the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock valued at $63,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

META opened at $609.63 on Monday. The business’s fifty day moving average is $627.67 and its two-hundred day moving average is $645.30. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market cap of $1.54 trillion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.Meta Platforms’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business earned $6.43 earnings per share. Analysts anticipate that Meta Platforms, Inc. will post 29.68 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s payout ratio is presently 7.63%.

Insiders Place Their Bets

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. The trade was a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $607.74, for a total value of $562,767.24. Following the sale, the chief operating officer owned 7,779 shares in the company, valued at approximately $4,727,609.46. The trade was a 10.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 167,676 shares of company stock worth $107,299,848. 13.61% of the stock is owned by company insiders.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Several analysts remain bullish on Meta Platforms, with recent notes from firms like BofA and Erste Group lifting earnings estimates or price targets after strong Q1 results, reinforcing expectations for meaningful upside. Article Title
• Positive Sentiment: Meta’s AI push is drawing attention as the company reportedly works on AI agents and improved models like Muse Spark, which could support new products and future monetization opportunities. Article Title
• Neutral Sentiment: Commentary pieces continue to frame Meta as an important AI and large-cap tech name, but these are mostly opinion-driven and do not add new fundamental information for the stock. Article Title
• Neutral Sentiment: Meta was also mentioned in a deal roundup about acquiring Assured Robot Intelligence, but the report provided little detail, so the market impact is unclear. Article Title
• Negative Sentiment: Reports highlighting employee dissatisfaction and impending layoffs suggest Meta’s AI transformation is creating internal friction, while also reminding investors that the company’s AI ambitions come with higher costs. Article Title
• Negative Sentiment: Investor concern remains centered on Meta’s enormous 2026 capex plan, estimated at $125 billion to $145 billion, which is fueling fears that profitability could come under pressure before AI investments pay off. Article Title

Wall Street Analysts Forecast Growth

META has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft boosted their target price on Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Argus reissued a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a report on Monday, February 2nd. KeyCorp reissued an “overweight” rating and issued a $760.00 target price on shares of Meta Platforms in a report on Thursday, April 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $810.00 target price on shares of Meta Platforms in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $840.31.

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.