Pilgrim Partners Asia Pte Ltd Purchases Shares of 2,886 Meta Platforms, Inc. $META

Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,886 shares of the social networking company’s stock, valued at approximately $2,119,000. Meta Platforms makes up approximately 0.9% of Pilgrim Partners Asia Pte Ltd’s holdings, making the stock its 18th biggest position.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its position 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 acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd increased its holdings 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 valued at $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Meta Platforms during the 2nd quarter worth about $213,000. Finally, Brown Shipley& Co Ltd raised its position in shares of Meta Platforms by 2.1% during the 2nd quarter. Brown Shipley& Co Ltd now owns 5,660 shares of the social networking company’s stock worth $4,178,000 after acquiring an additional 115 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Meta Platforms News

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

• Positive Sentiment: Meta reported strong Q4 results and gave a very aggressive ~30% Q1 revenue guide, which has led analysts to lift price targets and underpins the bullish case. Meta Platforms Posted Its Fastest Growth Guide in Years—Now What?
• Positive Sentiment: Several broker actions reinforce buy-side sentiment: Cantor Fitzgerald raised its price target (to $860) and Barclays reiterated an Overweight rating; Argus reiterated a Buy — supportive for medium-term upside. Cantor Fitzgerald Hikes Price Target on Meta Platforms, Inc. (META) to $860, Maintains Overweight Rating Barclays Keeps an Overweight rating on Meta Platforms, Inc. (META) Argus Reiterates “Buy” Rating for Meta Platforms (NASDAQ:META)
• Positive Sentiment: Institutional demand: Davis Selected Advisers has boosted its Meta stake, a sign of conviction from a value-oriented manager. Davis Selected Advisers boosts Meta Platforms stake
• Positive Sentiment: Coverage arguing Meta is monetizing AI better than peers adds to the bull narrative that ad/AI revenue upside can continue. Meta Beats Microsoft At AI Monetization – Here’s Why
• Neutral Sentiment: Meta expanded a clean‑energy PPA with Zelestra for the 176 MWdc Skull Creek solar plant in Texas — supports 100% renewable matching but is a long-dated, non-revenue ESG move. Zelestra Expands Relationship with Meta in the US, with a New Power Purchase Agreement for the 176 MWdc Skull Creek Solar Plant in Texas
• Neutral Sentiment: Long-term infrastructure context: commentary on AI’s power needs and Meta’s agreements (e.g., with Oklo/SMR developers) highlight heavy, multi-year capital intensity for AI infrastructure — strategic but costly. The Atomic Pivot: AI’s $50 Billion Power Move
• Negative Sentiment: Regulatory risk: India’s top court questioned WhatsApp’s data‑sharing with Meta entities and warned of reimposing restrictions — a potential headwind for user trust and growth in a key market. India’s top court questions WhatsApp policy of sharing user data with Meta entities
• Negative Sentiment: Insider selling: COO Javier Olivan disclosed a sale of 517 shares (~$369k), a small reduction in holdings; typically viewed as minor but can feed short‑term profit‑taking narratives. SEC Filing – Javier Olivan sale
• Negative Sentiment: Cost/capex worries: commentary that AI capex and Meta’s rising 2026 spending could dent margins has investors taking profits after the big rally. AI Capex Clouds Tech Horizon, Even as Meta and Tesla Shine Meta: Still A ‘Buy,’ But Nearing The End Of Its Run As Expenses Mount

Meta Platforms Price Performance

Shares of NASDAQ META opened at $668.99 on Thursday. The stock has a fifty day moving average price of $655.74 and a 200 day moving average price of $695.72. 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 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The company has a market cap of $1.69 trillion, a PE ratio of 28.47, a P/E/G ratio of 1.18 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter in the prior year, the firm earned $8.02 EPS. Meta Platforms’s quarterly revenue was up 23.8% on a year-over-year basis. Sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were given a $0.525 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Pivotal Research dropped their price target on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a research note on Thursday, January 29th. Evercore ISI increased their target price on shares of Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and issued a $860.00 price target (up from $750.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Citizens Jmp reiterated an “outperform” rating and set a $900.00 target price (up previously from $750.00) on shares of Meta Platforms in a research report on Monday, November 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $810.00 target price on shares of Meta Platforms in a research report on Thursday, January 29th. Five analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $848.50.

Insider Buying and Selling at Meta Platforms

In related news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $658.69, for a total value of $341,860.11. Following the sale, the insider directly owned 28,658 shares in the company, valued at $18,876,738.02. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $714.60, for a total value of $369,448.20. Following the completion of the transaction, the chief operating officer owned 9,615 shares of the company’s stock, valued at $6,870,879. The trade was a 5.10% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 39,594 shares of company stock valued at $24,325,407. 13.61% of the stock is owned by corporate insiders.

About Meta Platforms

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.