Spirepoint Private Client LLC Has $3.59 Million Stock Holdings in Meta Platforms, Inc. $META

Spirepoint Private Client LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 19.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,885 shares of the social networking company’s stock after acquiring an additional 805 shares during the quarter. Spirepoint Private Client LLC’s holdings in Meta Platforms were worth $3,587,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in META. Bare Financial Services Inc bought a new stake in shares of Meta Platforms in the 2nd quarter valued at $30,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in Meta Platforms during the second quarter valued at $42,000. Knuff & Co LLC acquired a new stake in Meta Platforms during the 2nd quarter worth about $44,000. Finally, WFA Asset Management Corp raised its position in shares of Meta Platforms by 42.6% in the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insider Buying and Selling

In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $646.00, for a total value of $374,680.00. Following the completion of the sale, the director directly owned 6,167 shares of the company’s stock, valued at approximately $3,983,882. This represents a 8.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $650.41, for a total value of $336,261.97. Following the transaction, the chief operating officer owned 11,683 shares in the company, valued at approximately $7,598,740.03. This trade represents a 4.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 40,519 shares of company stock worth $25,133,331. 13.61% of the stock is owned by corporate insiders.

Key Stories Impacting 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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a research note on Monday, December 29th. Barclays reduced their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Jefferies Financial Group dropped their target price on shares of Meta Platforms from $950.00 to $910.00 and set a “buy” rating on the stock in a research report on Thursday, October 30th. Royal Bank Of Canada cut their target price 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. Finally, Mizuho decreased their price target on shares of Meta Platforms from $925.00 to $815.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $822.73.

Meta Platforms Stock Down 1.7%

Shares of NASDAQ META opened at $641.97 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The company has a 50-day moving average price of $641.35 and a 200-day moving average price of $702.93. The stock has a market capitalization of $1.62 trillion, a P/E ratio of 28.36, a P/E/G 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.

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

Meta Platforms Announces Dividend

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

Meta Platforms 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.