Meta Platforms, Inc. $META Shares Sold by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:METAFree Report) by 21.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,216 shares of the social networking company’s stock after selling 3,249 shares during the quarter. Meta Platforms comprises 1.1% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 10th largest holding. Patriot Financial Group Insurance Agency LLC’s holdings in Meta Platforms were worth $8,972,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in META. Brighton Jones LLC raised its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd increased its stake in shares of Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after acquiring an additional 112,000 shares during the period. Versor Investments LP bought a new stake in Meta Platforms during the first quarter worth approximately $219,000. Finally, Norinchukin Bank The lifted its position in Meta Platforms by 28.6% in the first quarter. Norinchukin Bank The now owns 132,694 shares of the social networking company’s stock worth $76,480,000 after purchasing an additional 29,487 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

NASDAQ META opened at $658.77 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The stock’s 50-day moving average price is $659.76 and its two-hundred day moving average price is $707.30. The company has a market cap of $1.66 trillion, a PE ratio of 29.10, a PEG ratio of 1.38 and a beta of 1.28. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15.

Meta Platforms (NASDAQ:METAGet Free Report) last released its earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping the consensus estimate of $6.74 by $0.51. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The business had revenue of $51.24 billion for the quarter, compared to the consensus estimate of $49.34 billion. During the same period last year, the firm posted $6.03 earnings per share. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. On average, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, December 15th. Meta Platforms’s payout ratio is 9.28%.

Analyst Ratings Changes

META has been the topic of several research analyst reports. Arete Research set a $718.00 price target on Meta Platforms in a research report on Thursday, December 4th. Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Canaccord Genuity Group reiterated a “buy” rating and issued a $900.00 price target on shares of Meta Platforms in a research report on Thursday, October 30th. Sanford C. Bernstein reissued an “outperform” rating and issued a $870.00 price target (down from $900.00) on shares of Meta Platforms in a report on Thursday, October 30th. Finally, Royal Bank Of Canada lowered their price objective on shares of Meta Platforms from $840.00 to $810.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $818.59.

Read Our Latest Report on Meta Platforms

Meta Platforms News Summary

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

  • Positive Sentiment: Meta is reported to be developing new multimodal AI — an image/video model codenamed “Mango” and a text model called “Avocado” targeted for H1‑2026, which could accelerate product differentiation and ad/engagement upgrades. Read More.
  • Positive Sentiment: U.S. federal action on AI (an executive order to create a national AI framework) is being viewed as a net positive for Big Tech — it could reduce a patchwork of state rules and lower compliance complexity for large platforms like Meta. Read More.
  • Neutral Sentiment: Wedbush trimmed its price target from $920 to $880 but kept an “outperform” rating — the cut tempers upside expectations but the firm still implies substantial upside vs. current levels. Read More.
  • Negative Sentiment: Austrias Supreme Court ruled Meta’s personalized ad model unlawful and ordered sweeping user‑data access changes across the EU — this is a binding precedent that raises regulatory, compliance and revenue risk in Europe. Read More.
  • Negative Sentiment: Several insiders (including General Counsel Jennifer Newstead and COO Javier Olivan) have sold blocks of shares in recent weeks — repeated insider sales can be perceived negatively by the market even if amounts are small relative to overall holdings. Read More. Read More.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 11,690 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total value of $6,935,793.90. Following the completion of the sale, the chief technology officer owned 2,415 shares of the company’s stock, valued at $1,432,843.65. This trade represents a 82.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction on Monday, December 15th. The shares were sold at an average price of $646.00, for a total value of $374,680.00. Following the transaction, the director owned 6,167 shares in the company, valued at $3,983,882. This represents a 8.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 42,074 shares of company stock worth $26,478,698 over the last three months. Company insiders own 13.61% of the company’s stock.

Meta Platforms Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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