Meta Platforms, Inc. $META Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 59.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,124 shares of the social networking company’s stock after selling 1,632 shares during the period. OneAscent Financial Services LLC’s holdings in Meta Platforms were worth $826,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in META. Vanguard Group Inc. increased its holdings in shares of Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after purchasing an additional 1,532,568 shares during the period. State Street Corp grew its position in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its stake in Meta Platforms by 608,429.2% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock valued at $44,119,937,000 after buying an additional 59,766,000 shares during the period. Geode Capital Management LLC raised its position in Meta Platforms by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after buying an additional 682,768 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Meta Platforms in the 2nd quarter worth $23,155,393,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $641.97 on Tuesday. The business has a 50 day moving average price of $641.35 and a 200 day moving average price of $702.93. The company has a market capitalization of $1.62 trillion, a P/E ratio of 28.36, a PEG ratio of 1.29 and a beta of 1.29. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98.

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

Meta Platforms Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s dividend payout ratio is presently 9.28%.

Analyst Upgrades and Downgrades

META has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a $900.00 price target on shares of Meta Platforms in a research note on Thursday, October 30th. Monness Crespi & Hardt dropped their target price on Meta Platforms from $860.00 to $808.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Roth Capital reissued a “buy” rating on shares of Meta Platforms in a research note on Thursday, October 30th. Mizuho decreased their price target on Meta Platforms from $925.00 to $815.00 and set an “outperform” rating on the stock in a research note on Thursday, October 30th. Finally, UBS Group upped their price objective on Meta Platforms from $900.00 to $915.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $822.73.

Insider Activity

In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of Meta Platforms stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the completion of the transaction, the chief accounting officer owned 6,035 shares in the company, valued at approximately $3,570,306. The trade was a 10.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Susan J. Li sold 6,875 shares of the stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the completion of the sale, the chief financial officer owned 88,370 shares in the company, valued at $53,857,980.20. This represents a 7.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 40,519 shares of company stock worth $25,133,331 in the last three months. Company insiders own 13.61% of the company’s stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta named Dina Powell McCormick as president and vice chair, a senior hire expected to help execute its large AI and infrastructure agenda. This adds experienced deal‑making and political connections to management. Reuters: Dina Powell joins Meta
• Positive Sentiment: Meta launched “Meta Compute” and reiterated plans to build gigawatt‑scale AI compute capacity — a strategic move to control AI infrastructure and product differentiation long term. Reuters: Meta Compute
• Positive Sentiment: Meta agreed to prepay/partner on large nuclear and energy projects (e.g., Oklo/Vistra) to secure baseload power for AI data centers — this reduces long‑term operating risk from grid constraints and could create a durable competitive moat. MarketBeat: Meta and Oklo energy deal
• Positive Sentiment: Analyst coverage remains constructive: Wells Fargo kept an overweight stance while slightly tweaking its price target, signaling continued analyst confidence in the multi‑year story. Benzinga: Wells Fargo note
• Neutral Sentiment: Meta rolled out a new performance program (“Checkpoint”) to reward top performers—could improve productivity but is mainly an HR/retention change. BI: Checkpoint program
• Neutral Sentiment: Meta adjusted WhatsApp policy scope in some markets (e.g., excluding Italy from a rival‑chatbot ban) — an operational compliance tweak that reduces friction in that market. Reuters: Italy exclusion
• Negative Sentiment: Meta plans cuts of roughly 10–15% of Reality Labs staff and other Reality Labs layoffs were reported — signals that metaverse businesses remain a drag and that near‑term restructuring / impairment risk remains. Reuters: Reality Labs cuts
• Negative Sentiment: Brazil’s antitrust authority opened an investigation and suspended new WhatsApp Business terms — adding regulatory/legal risk and potential product friction in a large market. Reuters: Brazil probe
• Negative Sentiment: Meta removed ~550k accounts in Australia to comply with an under‑16 ban and publicly urged policy rethink — regulatory actions and user‑coverage limits create near‑term user growth and PR headwinds. Yahoo: Australia under‑16 ban

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.