Tanager Wealth Management LLP lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 10.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,354 shares of the social networking company’s stock after selling 818 shares during the period. Tanager Wealth Management LLP’s holdings in Meta Platforms were worth $5,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. State Street Corp lifted 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 purchasing an additional 3,510,123 shares during the last quarter. Bank of America Corp DE increased its position in shares of Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after purchasing an additional 2,673,494 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Meta Platforms by 1.3% in 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 valued at $7,230,426,000 after buying an additional 162,909 shares during the period. Amundi raised its holdings in Meta Platforms by 18.1% in the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock valued at $6,784,873,000 after buying an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in Meta Platforms by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company’s stock valued at $5,964,745,000 after buying an additional 404,948 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta reported third-quarter revenue of $64.6 billion, up 26.1% year over year, while adjusted earnings of $7.40 per share exceeded analyst expectations. Advertising remained robust, supported by AI-driven engagement, higher ad prices and improved conversion rates. META’s Q3 Earnings Beat Estimates
- Positive Sentiment: Meta said its Muse AI assistant surpassed 10 million users shortly after launch, strengthening the long-term case for new advertising, consumer and enterprise revenue opportunities. Meta says Muse has over 10M users
- Positive Sentiment: Several firms raised their price targets and maintained bullish ratings, including Bank of America, JPMorgan, UBS, Citigroup, Mizuho and Pivotal Research, citing resilient advertising and improving AI prospects. Meta Stock Falls Despite Strong Q3 Results
- Neutral Sentiment: Meta announced a 2-for-1 stock split and a new non-voting Class C share. The structure could help fund its AI buildout while preserving Mark Zuckerberg’s voting control, but it also raises concerns about future dilution and governance. Meta wants to pay for its AI buildout
- Negative Sentiment: Investors were alarmed by Meta’s capital-spending outlook of approximately $135 billion to $145 billion for 2026. Heavy data-center and AI investment pushed free cash flow negative, while credit-default-swap costs reached a record, intensifying concerns about debt or equity financing. Meta stock sinks as AI spend pushes free cash flow negative
- Negative Sentiment: A New Mexico judge ordered Meta to pay $25 billion in a Cambridge Analytica-related privacy case. Meta plans to appeal, but the verdict adds substantial legal, regulatory and reputational risk. Meta ordered to pay $25 billion to New Mexico
- Negative Sentiment: Broader technology-market weakness, AI-investment concerns and escalating Middle East tensions added to the selling pressure, making it harder for Meta’s earnings beat to support the stock.
Meta Platforms Stock Down 7.0%
Meta Platforms stock opened at $648.85 on Friday. The firm has a market capitalization of $1.65 trillion, a P/E ratio of 24.44, a P/E/G ratio of 1.33 and a beta of 1.19. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The stock’s fifty day simple moving average is $663.35 and its 200-day simple moving average is $629.62.
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a return on equity of 31.74% and a net margin of 31.15%. The company had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. During the same quarter last year, the company earned $7.25 EPS. Meta Platforms’s revenue for the quarter was up 26.1% compared to the same quarter last year. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.28 earnings per share for the current fiscal year.
Meta Platforms Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio is 7.91%.
Insider Transactions at Meta Platforms
In related news, CFO Susan J. Li sold 9,196 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the completion of the sale, the chief financial officer owned 13,186 shares in the company, valued at $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the transaction, the chief technology officer owned 828 shares in the company, valued at $462,024. This represents a 90.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 149,906 shares of company stock valued at $102,347,409 over the last ninety days. Company insiders own 13.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on META. Evercore reiterated an “outperform” rating on shares of Meta Platforms in a research report on Thursday. Benchmark reaffirmed a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. CICC Research dropped their target price on shares of Meta Platforms from $773.00 to $700.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Roth Capital dropped their target price on shares of Meta Platforms from $820.00 to $750.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Finally, Pivotal Research boosted their target price on Meta Platforms from $930.00 to $960.00 and gave the company a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $833.12.
Read Our Latest Analysis on META
Meta Platforms Company Profile
Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.
Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.
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