Convergence Investment Partners LLC Sells 1,064 Shares of Meta Platforms, Inc. $META

Convergence Investment Partners LLC trimmed its position in Meta Platforms, Inc. (NASDAQ:META) by 8.9% during the third quarter, HoldingsChannel.com reports. The firm owned 10,904 shares of the social networking company’s stock after selling 1,064 shares during the quarter. Meta Platforms accounts for approximately 1.8% of Convergence Investment Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Convergence Investment Partners LLC’s holdings in Meta Platforms were worth $8,008,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Meta Platforms by 1.7% in the fourth 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 during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd grew its position in Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after purchasing an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in Meta Platforms in the second quarter valued at $213,000. Finally, Capital & Planning LLC acquired a new stake in Meta Platforms in the 2nd quarter valued at $322,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Trading Down 1.0%

META stock opened at $670.72 on Wednesday. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The stock has a market cap of $1.70 trillion, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 1.16 and a beta of 1.28. The company has a fifty day moving average price of $657.96 and a two-hundred day moving average price of $694.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The company had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. Meta Platforms’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the company posted $8.02 EPS. Equities analysts anticipate 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. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s payout ratio is currently 8.94%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Meta Platforms from $754.00 to $849.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Canaccord Genuity Group upped their target price on Meta Platforms from $900.00 to $930.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Roth Mkm decreased their price target on Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Mizuho upped their price objective on Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Finally, Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Three analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $845.50.

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 11,690 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $1,432,843.65. This trade represents a 82.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Javier Olivan sold 2,610 shares of Meta Platforms stock in a transaction that occurred on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the sale, the chief operating officer directly owned 9,784 shares of the company’s stock, valued at approximately $5,962,956.64. The trade was a 21.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,561 shares of company stock valued at $23,673,584 in the last ninety days. 13.61% of the stock is currently owned by company insiders.

Meta Platforms News Summary

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

• Positive Sentiment: High-profile bullish commentary: Jim Cramer publicly called META a buy, reinforcing retail and momentum interest in the name and supporting short-term demand. Jim Cramer on Meta Platforms (META): “I just think this one’s a buy”
• Positive Sentiment: Long-term AI investment thesis: A Seeking Alpha piece highlights aggressive AI capex and forecasts 22–31% near-term revenue growth, arguing Meta can sustain growth despite margin pressure — a supportive fundamental narrative for investors focused on multi-year returns. Meta Platforms: Follow The Numbers
• Positive Sentiment: Ad tools & ad revenue durability: A new free Meta Ads Rolling Reach Report for e-commerce advertisers could help optimize campaigns and demonstrate continued advertiser demand for Meta’s platforms. Incremental ad product adoption supports the advertising revenue outlook. growthzacks Releases Meta Ads Rolling Reach Report Generator for ECommerce Advertisers to Measure Audience Saturation
• Positive Sentiment: Analyst/shopper endorsements: Recent retail and analyst write-ups (e.g., The Motley Fool) continue to feature META as a top growth pick, backing investor interest and buy-side conviction. 1 Top Growth Stock to Buy in February
• Neutral Sentiment: Valuation/peer comparisons: Pieces comparing Broadcom and Meta highlight AI exposure but present them as different risk/reward profiles; useful for allocation decisions but not an immediate catalyst. Broadcom or Meta Platforms? Which Is the Better Buy
• Neutral Sentiment: Market context: Broader AI-led rotation and macro commentary (Zacks, market note) are lifting tech sentiment generally; Meta participates in that theme but is also idiosyncratically exposed to legal/regulatory news. Bulls Take Control Amid New AI Spending & Expanding Breadth
• Negative Sentiment: Alarming internal findings made public: Unsealed documents report a Meta researcher warned of up to 500,000 daily child exploitation cases on Facebook/Instagram — a reputational and litigation risk that can amplify regulatory scrutiny and attract settlement/penalty concerns. Meta researcher warned of 500K child exploitation cases daily on Facebook and Instagram platforms
• Negative Sentiment: Regulatory pressure in EU over WhatsApp AI policy: The European Commission has charged Meta with breaching antitrust rules and threatened interim measures to force WhatsApp access for rival AI assistants — potential changes could limit product control and create compliance costs. EU threatens Meta with interim measure for blocking AI rivals from WhatsApp
• Negative Sentiment: Legal setbacks and trials: Landmark US trials accuse Meta of designing addictive products; separately, a German court ordered Meta’s Edge Network to pay Deutsche Telekom ~€30M — legal exposure and adverse rulings increase uncertainty and headline risk. Meta subsidiary loses appeal against Deutsche Telekom over network services Meta and YouTube Created ‘Digital Casinos,’ Lawyers Argue in Landmark Trial

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.