Fischer Financial Services Inc. bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor bought 1,799 shares of the social networking company’s stock, valued at approximately $1,321,000.
Other hedge funds have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its position in shares of Meta Platforms by 608,429.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after buying an additional 59,766,000 shares during the period. Norges Bank bought a new position in Meta Platforms in the second quarter valued at approximately $23,155,393,000. Laurel Wealth Advisors LLC boosted its stake in Meta Platforms by 73,443.1% in the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after acquiring an additional 8,405,558 shares during the last quarter. State Street Corp grew its holdings in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after acquiring an additional 1,650,435 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after acquiring an additional 1,532,568 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.
Meta Platforms Trading Down 1.8%
META opened at $648.69 on Thursday. The stock has a market capitalization of $1.64 trillion, a P/E ratio of 28.65, a P/E/G ratio of 1.31 and a beta of 1.29. 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, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm’s fifty day simple moving average is $641.58 and its 200 day simple moving average is $704.34.
Meta Platforms Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were paid a $0.525 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.
Key Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Strong demand for Meta’s new Ray‑Ban Display AI glasses supports future hardware upside and Reality Labs growth potential — the company says waitlists extend into 2026, suggesting early product-market fit that could improve long-term monetization. Meta’s New AI Glasses See “Unprecedented Demand”
- Positive Sentiment: Analyst bullishness around Meta’s combined growth and profitability (a high “Rule of 40” score) reinforces buy case for investors focused on AI-driven revenue expansion and strong margins. Meta Platforms: Rule Of 40 Says Buy
- Neutral Sentiment: Meta is pausing the international rollout of Ray‑Ban Display glasses due to “unprecedented” U.S. demand and limited inventory — positive for U.S. unit economics but delays near‑term international revenue and prolongs uncertainty over manufacturing scale. Meta delays global rollout of Ray‑Ban glasses
- Positive Sentiment: Executive hire: Meta appointed C.J. Mahoney (formerly at Microsoft and with government experience) as chief legal officer — a hiring that may strengthen regulatory and litigation navigation amid increasing scrutiny. Meta names Microsoft’s Mahoney as chief legal officer
- Negative Sentiment: Chinese officials are reportedly reviewing Meta’s $2B acquisition of AI startup Manus for possible technology control violations — added regulatory risk that could delay integration or limit strategic options in China. China reviews Meta’s purchase of Manus
- Negative Sentiment: Insider selling: COO Javier Oliván sold 517 shares (reducing his stake ~4.24% of holdings disclosed) — a small dollar amount but often viewed negatively by some investors as a signal to monitor. SEC filing for insider sale
Analyst Ratings Changes
A number of brokerages recently commented on META. Wedbush decreased their price objective on Meta Platforms from $920.00 to $880.00 and set an “outperform” rating for the company in a research note on Friday, December 19th. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Barclays cut their price target on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Raymond James Financial reissued a “strong-buy” rating and set a $825.00 price objective (down previously from $900.00) on shares of Meta Platforms in a research note on Thursday, October 30th. Finally, KeyCorp cut their target price on shares of Meta Platforms from $905.00 to $875.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $822.22.
View Our Latest Stock Report on Meta Platforms
Insider Buying and Selling at Meta Platforms
In other news, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $646.00, for a total transaction of $374,680.00. Following the completion of the transaction, the director directly owned 6,167 shares of the company’s stock, valued at $3,983,882. This trade represents a 8.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 30th. The shares were sold at an average price of $658.69, for a total transaction of $341,860.11. Following the completion of the sale, the insider owned 28,658 shares in the company, valued at $18,876,738.02. This trade represents a 1.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 41,555 shares of company stock worth $25,869,502. Corporate insiders own 13.61% of the company’s stock.
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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