Wright Investors Service Inc. reduced its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,946 shares of the social networking company’s stock after selling 1,953 shares during the period. Meta Platforms makes up 3.8% of Wright Investors Service Inc.’s investment portfolio, making the stock its 6th largest holding. Wright Investors Service Inc.’s holdings in Meta Platforms were worth $13,179,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bare Financial Services Inc acquired a new position in shares of Meta Platforms during the second quarter valued at about $30,000. Evergreen Private Wealth LLC lifted its position in Meta Platforms by 237.5% in the 2nd 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 in the last quarter. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the 2nd quarter valued at about $42,000. Knuff & Co LLC bought a new stake in Meta Platforms during the 2nd quarter worth approximately $44,000. Finally, WFA Asset Management Corp raised its stake in shares of Meta Platforms by 42.6% in the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.
Insider Activity
In other Meta Platforms news, Director Robert M. Kimmitt sold 600 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $609.35, for a total transaction of $365,610.00. Following the sale, the director directly owned 7,347 shares of the company’s stock, valued at $4,476,894.45. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the transaction, the chief technology officer owned 2,415 shares of the company’s stock, valued at $1,432,843.65. This represents a 82.88% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 40,632 shares of company stock worth $25,055,572. 13.61% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Research Report on Meta Platforms
Meta Platforms Stock Up 1.7%
META opened at $658.76 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company’s 50-day moving average price is $642.15 and its two-hundred day moving average price is $697.15. The stock has a market cap of $1.66 trillion, a price-to-earnings ratio of 29.10, a PEG ratio of 1.31 and a beta of 1.29. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share (EPS) 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 company had revenue of $51.24 billion during the quarter, compared to analyst estimates of $49.34 billion. During the same quarter last year, the business posted $6.03 EPS. Meta Platforms’s quarterly revenue was up 26.2% compared to the same quarter last year. As a group, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.
Meta Platforms Announces Dividend
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 dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 9.28%.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Threads ad rollout expands immediate ad-monetization optionality for a 400M+ MAU product, supporting near-term revenue upside. Read More.
- Positive Sentiment: Analysts and investors point to attractive valuation after the pullback (multiple firms reiterating buys and high price targets), encouraging value-oriented buying. Read More.
- Positive Sentiment: Operational/tech progress: Meta’s AI lab reportedly delivered its first in-house models, a signal that internal AI capability is advancing and could support future product monetization and efficiency gains. Read More.
- Positive Sentiment: Hardware/metaverse upside: TD Cowen raised its PT and Meta plans to ramp Meta Glasses production, which supports longer-term diversification of revenue streams. Read More.
- Neutral Sentiment: Meta suspended teen access to its AI characters globally while it builds a teen-specific version — a precautionary move that reduces regulatory/PR risk but could slow feature engagement and short-term monetization from those users. Read More.
- Neutral Sentiment: Upcoming earnings (Jan. 28) and especially 2026 CapEx guidance are the primary near-term catalysts — strong revenue/AI updates could lift shares, while higher-than-expected CapEx would likely pressure the stock. Read More.
- Neutral Sentiment: Insider activity: COO Javier Oliván’s routine share sales continue to be disclosed; amounts are modest relative to his holdings and the company, so impact is limited. Read More.
- Negative Sentiment: Regulatory risk: UK regulator Ofcom opened an investigation into Meta’s responsiveness on WhatsApp data requests, increasing compliance uncertainty in Europe. Read More.
- Negative Sentiment: Legal risk: Meta is contesting evidence limits ahead of a New Mexico child-safety trial — unfavorable rulings or negative publicity could weigh on sentiment. Read More.
- Negative Sentiment: Analyst pressure: Some firms have trimmed price targets (Stifel cut its PT; UBS trimmed earlier), reflecting sensitivity to guidance and spending — these moves can cap near-term upside if guidance disappoints. Read More.
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.
Read More
- Five stocks we like better than Meta Platforms
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- The $100 Trillion AI Story No One Is Telling You
- Buy This Stock at 9:30 AM on MONDAY!
- A U.S. “birthright” claim worth trillions – activated quietly
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
Want to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META – Free Report).
Receive News & Ratings for Meta Platforms Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meta Platforms and related companies with MarketBeat.com's FREE daily email newsletter.
