27,298 Meta Platforms, Inc. $META Shares Purchased by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 39.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,774 shares of the social networking company’s stock after purchasing an additional 27,298 shares during the period. Meta Platforms accounts for approximately 3.2% of Quintet Private Bank Europe S.A.’s holdings, making the stock its 7th biggest holding. Quintet Private Bank Europe S.A.’s holdings in Meta Platforms were worth $70,179,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Auto Owners Insurance Co lifted its stake in Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after buying an additional 105,154,977 shares during the period. State Street Corp increased its stake in shares of Meta Platforms by 4.0% in the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after acquiring an additional 3,510,123 shares during the last quarter. Bank of America Corp DE raised its position in shares of Meta Platforms by 14.6% in the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock valued at $12,036,491,000 after acquiring an additional 2,673,494 shares during the period. Invesco Ltd. raised its position in shares of Meta Platforms by 6.1% in the 4th quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company’s stock valued at $12,013,948,000 after acquiring an additional 1,046,715 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Meta Platforms by 1.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after acquiring an additional 162,909 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on META shares. Rothschild & Co Redburn upped their target price on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Citic Securities decreased their price target on shares of Meta Platforms from $770.00 to $718.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Wolfe Research restated an “outperform” rating and issued a $700.00 price objective on shares of Meta Platforms in a research report on Thursday, July 30th. UBS Group reiterated an “overweight” rating on shares of Meta Platforms in a report on Wednesday, September 23rd. Finally, Daiwa Securities Group decreased their target price on Meta Platforms from $790.00 to $687.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $791.86.

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Christopher Cox sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the sale, the insider owned 184,516 shares in the company, valued at approximately $131,515,624.16. The trade was a 17.82% decrease in their position. 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, COO Javier Olivan sold 946 shares of the company’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $728.08, for a total value of $688,763.68. Following the transaction, the chief operating officer directly owned 7,878 shares of the company’s stock, valued at approximately $5,735,814.24. This trade represents a 10.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 148,222 shares of company stock valued at $101,033,627. 13.53% of the stock is owned by insiders.

Meta Platforms News Summary

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

• Positive Sentiment: TD Cowen reaffirmed its “Buy” rating and set an $865 price target, implying roughly 20% upside from recent levels. The firm’s view supports the case that Meta’s AI investments can drive future growth. TD Cowen rating report
• Positive Sentiment: Meta’s Muse AI assistant launched on iPad shortly after its mobile debut and has topped app-download charts. Sustained adoption could create a new consumer platform and improve the long-term payoff from Meta’s AI spending. Meta Muse launches on iPad
• Positive Sentiment: Meta and Sierra are developing the Personal Agent Protocol with partners including Shopify, Stripe, Walmart and Genesys. An open standard for AI agents to transact with businesses could expand Meta’s role in AI commerce and customer interactions. Meta and Sierra AI agent protocol
• Positive Sentiment: Wells Fargo recently raised its price target to $1,000 and maintained an Overweight rating, citing enthusiasm around the Muse product cycle. A broad analyst consensus remains “Moderate Buy.” Wells Fargo raises Meta price target
• Neutral Sentiment: Meta is collaborating with AMD, Broadcom, Microsoft and Arista Networks on open, high-density Ethernet infrastructure. The effort may improve AI data-center flexibility, but it also underscores the scale of capital spending required. AI infrastructure collaboration
• Neutral Sentiment: Manus raised more than $500 million after Meta unwound its proposed acquisition of the Chinese AI startup. The financing gives Manus independence but highlights that Meta no longer controls a potentially valuable AI asset. Manus funding after Meta exit
• Negative Sentiment: Florida’s attorney general is seeking restrictions on users under 14 and wants a court to limit features such as Instagram and Facebook’s infinite scroll. Potential product restrictions, compliance costs and reduced engagement pose risks to advertising revenue. Florida legal action against Meta
• Negative Sentiment: Investors remain concerned that Meta and other hyperscalers are burning cash on AI data centers before returns are proven. Meta’s AI strategy primarily depends on monetizing its own apps rather than selling cloud capacity externally, increasing execution risk. AI infrastructure cash-flow analysis
• Negative Sentiment: COO Javier Olivan sold shares through a pre-arranged Rule 10b5-1 plan. While the transactions are not necessarily a warning, insider selling can modestly weigh on sentiment. Meta insider sale filing

Meta Platforms Stock Down 0.9%

META traded down $6.42 during trading on Thursday, hitting $714.88. The company had a trading volume of 6,828,145 shares, compared to its average volume of 17,427,426. The company has a market capitalization of $1.82 trillion, a PE ratio of 26.99, a PEG ratio of 1.29 and a beta of 1.19. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $779.82. The firm’s 50-day moving average price is $634.11 and its 200 day moving average price is $618.50. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter last year, the company posted $7.14 EPS. Meta Platforms’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities analysts expect that Meta Platforms, Inc. will post 27.94 earnings per share for the current year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a dividend of $0.5250 per share. The ex-dividend date was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 7.91%.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.