Meta Platforms, Inc. $META is Profund Advisors LLC’s 6th Largest Position

Profund Advisors LLC decreased its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 97,608 shares of the social networking company’s stock after selling 5,444 shares during the quarter. Meta Platforms makes up 2.3% of Profund Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Profund Advisors LLC’s holdings in Meta Platforms were worth $71,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at $30,000. Briaud Financial Planning Inc purchased a new position in Meta Platforms in the second quarter valued at $42,000. Knuff & Co LLC acquired a new stake in Meta Platforms in the second quarter valued at $44,000. WFA Asset Management Corp lifted its holdings in Meta Platforms by 42.6% during the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares during the last quarter. Finally, Spurstone Advisory Services LLC acquired a new position in shares of Meta Platforms during the 2nd quarter worth about $59,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

More Meta Platforms News

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

Analyst Upgrades and Downgrades

META has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. KeyCorp reduced their price objective on shares of Meta Platforms from $875.00 to $835.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Zacks Research downgraded shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Pivotal Research cut 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. Finally, Morgan Stanley upped their price objective on shares of Meta Platforms from $750.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $844.29.

Insiders Place Their Bets

In related news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $624.14, for a total transaction of $323,928.66. Following the sale, the insider owned 31,253 shares of the company’s stock, valued at approximately $19,506,247.42. The trade was a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $661.11, for a total transaction of $341,793.87. Following the transaction, the chief operating officer owned 12,717 shares in the company, valued at $8,407,335.87. The trade was a 3.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 10,478 shares of company stock worth $6,799,696. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Down 0.1%

Shares of NASDAQ:META opened at $639.29 on Wednesday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The firm’s 50-day simple moving average is $656.74 and its 200-day simple moving average is $691.62. The company has a market cap 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 (NASDAQ:META) last announced its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating 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 firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same quarter last year, the firm earned $8.02 earnings per share. The firm’s revenue was up 23.8% compared to the same quarter last year. As a group, equities research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Monday, March 16th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio is currently 8.94%.

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.