Meta Platforms, Inc. $META is Elite Wealth Management Inc.’s 5th Largest Position

Elite Wealth Management Inc. grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 85.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 29,513 shares of the social networking company’s stock after buying an additional 13,598 shares during the quarter. Meta Platforms accounts for about 5.6% of Elite Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Elite Wealth Management Inc.’s holdings in Meta Platforms were worth $21,674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after purchasing an additional 570 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd boosted its position in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after buying an additional 112,000 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Meta Platforms in the 2nd quarter valued at about $6,580,000. Finally, Trust Point Inc. grew its stake in Meta Platforms by 6.3% in the 2nd quarter. Trust Point Inc. now owns 9,295 shares of the social networking company’s stock valued at $6,861,000 after acquiring an additional 548 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on META shares. Morgan Stanley reduced their price target on shares of Meta Platforms from $820.00 to $750.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Bank of America reduced their target price on Meta Platforms from $900.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, October 30th. Benchmark downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Thursday, October 30th. Citizens Jmp reissued an “outperform” rating and issued a $900.00 price target (up from $750.00) on shares of Meta Platforms in a report on Monday, November 24th. Finally, Guggenheim decreased their price objective on Meta Platforms from $875.00 to $800.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $822.96.

Meta Platforms Price Performance

Meta Platforms stock opened at $620.25 on Tuesday. 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 quick ratio of 1.98 and a current ratio of 1.98. The firm has a 50 day moving average price of $640.79 and a 200 day moving average price of $699.31. The company has a market cap of $1.56 trillion, a price-to-earnings ratio of 27.40, a PEG ratio of 1.22 and a beta of 1.29.

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 analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. Meta Platforms’s revenue for the quarter was up 26.2% on a year-over-year basis. During the same quarter last year, the business earned $6.03 EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

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

Insider Transactions at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of the 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 of the company’s stock, valued at approximately $18,876,738.02. This represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $653.00, for a total transaction of $337,601.00. Following the transaction, the chief operating officer directly owned 11,166 shares in the company, valued at approximately $7,291,398. This trade represents a 4.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 39,535 shares of company stock worth $24,382,453. 13.61% of the stock is currently owned by company insiders.

Key Meta Platforms News

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

• Positive Sentiment: Threads mobile usage now reportedly exceeds X, signaling faster user engagement growth for Meta’s social stack — a potential long‑term ad/reach tailwind. Meta’s Threads surpasses X on mobile usage
• Positive Sentiment: Analysts remain bullish on Meta’s AI-driven ad improvements, data‑center/power deals and hardware (Ray‑Ban smart glasses) expansion — supports upside case and long‑term revenue/ROI expectations. Analysts bullish on Meta Platforms (META) amid AI expansion and long-term power deals
• Positive Sentiment: Consumer/investor commentary highlights Meta as a value/contrarian buy given its AI investments and scale — supports possible near‑term buying interest. The Most ‘Hated’ Name In the Market Right Now Is a Screaming Buy
• Neutral Sentiment: Market context: “Magnificent Seven” leadership is fragmenting as the AI trade rotates — a broader sector dynamic that can weigh on META even if company fundamentals remain strong. The Magnificent Seven Drove Markets. Now They’re Pulling in Different Directions.
• Negative Sentiment: The UK Gambling Commission accused Meta of tolerating illegal gambling ads on its platforms — raises regulatory/legal risk and potential fines or ad‑policy costs in a major market. Meta ‘turning a blind eye’ to illegal gambling ads, UK Gambling Commission says
• Negative Sentiment: Policy risk: analysts warn Meta (and peers) could be hurt if other countries follow Australia’s under‑16 social‑media ban — potential user/ad revenue hit in affected markets. Meta and Snap Face Social-Media Ban Threat. These Countries Could Follow Australia.
• Negative Sentiment: Some investors and fund managers flag that accelerated AI capex is a near‑term margin/headwind risk and has tempered enthusiasm in activist/hedge circles. Accelerated AI Spending Hit Meta Platforms (META)
• Negative Sentiment: High‑profile commentary (e.g., Jim Cramer) frames Meta as a “lone wolf,” feeding short‑term selling pressure amid sector rotation and expectations reset. Meta (META)’s Shares Are Down Because It’s A Lone Wolf, Says Jim Cramer

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.