BridgePort Financial Solutions LLC Has $2.29 Million Stock Holdings in Meta Platforms, Inc. $META

BridgePort Financial Solutions LLC increased its position in Meta Platforms, Inc. (NASDAQ:META) by 35.8% in the third quarter, Holdings Channel.com reports. The firm owned 3,112 shares of the social networking company’s stock after acquiring an additional 821 shares during the period. BridgePort Financial Solutions LLC’s holdings in Meta Platforms were worth $2,285,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Meta Platforms in the 2nd quarter worth $23,155,393,000. Laurel Wealth Advisors LLC boosted its holdings in Meta Platforms by 73,443.1% during the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock worth $6,212,506,000 after buying an additional 8,405,558 shares during the last quarter. State Street Corp boosted its holdings in Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after buying an additional 1,532,568 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of Meta Platforms by 103.5% in the 2nd quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock valued at $1,475,166,000 after acquiring an additional 1,016,667 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $618.28, for a total value of $358,602.40. Following the completion of the sale, the director owned 5,587 shares in the company, valued at $3,454,330.36. This trade represents a 9.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $663.19, for a total transaction of $342,869.23. Following the transaction, the chief operating officer owned 9,098 shares in the company, valued at $6,033,702.62. This represents a 5.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,478 shares of company stock worth $6,799,696 in the last 90 days. Corporate insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

META has been the subject of a number of analyst reports. Pivotal Research decreased their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a report on Thursday, January 29th. Raymond James Financial decreased their price target on shares of Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating for the company in a report on Monday, January 26th. Citigroup restated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, January 29th. UBS Group reiterated a “buy” rating and set a $872.00 target price (up from $830.00) on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Wedbush increased their price target on Meta Platforms from $880.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $844.29.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta struck a multiyear deal to buy millions of Nvidia AI chips (GPUs and new standalone CPUs) to power its data‑center and AI stack, accelerating its ability to deploy large models and AI features across apps (WhatsApp cited). This reduces execution risk for Meta’s AI roadmap and supports revenue upside from AI-driven ad/product improvements. Nvidia to sell Meta millions of chips in multiyear deal
• Positive Sentiment: Bill Ackman’s Pershing Square has made a large, high‑profile investment in Meta, signaling smart‑money conviction that the stock is undervalued given its AI growth potential; this can lift investor sentiment and attract other institutional buyers. Meta’s Platforms’ New Bull: Why Billionaire Bill Ackman Is Buying
• Positive Sentiment: Supply‑chain/infra tailwind: reporting highlights a large Meta partnership with Corning (reported ~$6B deal to outfit data centers). That supports Meta’s capex plans for data‑center expansion and underpins investments tied to AI workloads. Corning’s Surprise AI Boom
• Neutral Sentiment: Third‑party ecosystem news: Virtuix announced its Omni One treadmill will be Made for Meta (Quest) certified, expanding XR ecosystem engagement — a positive for product stickiness but unlikely to move Meta’s top line materially near term. Virtuix Omni One to Launch Compatibility with Meta Quest Headsets
• Negative Sentiment: Regulatory/legal risk: Spain has asked prosecutors to probe X, Meta and TikTok over AI‑generated images allegedly involving minors, increasing legal/PR risk and potential compliance costs or fines tied to AI content moderation. That raises near‑term regulatory uncertainty for Meta’s platforms. Spain to Probe X, Meta, TikTok Over AI Images
• Negative Sentiment: Market/regulatory risk in India: Indian officials are discussing age‑based social‑media restrictions that could meaningfully affect user reach and ad monetization in one of Meta’s largest markets, increasing policy risk and potential future revenue impact. India discussing age-based restrictions with social media firms, top minister says

Meta Platforms Stock Performance

Shares of META opened at $639.29 on Wednesday. The stock has a market capitalization of $1.62 trillion, a price-to-earnings ratio of 27.20, a PEG ratio of 1.09 and a beta of 1.28. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a fifty day simple moving average of $656.74 and a 200 day simple moving average of $691.62. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27.

Meta Platforms (NASDAQ:META) last posted 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. The company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the business posted $8.02 EPS. 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 declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is 8.94%.

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.