Meta Platforms, Inc. $META Position Lowered by ProShare Advisors LLC

ProShare Advisors LLC reduced its position in Meta Platforms, Inc. (NASDAQ:META) by 16.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,327,310 shares of the social networking company’s stock after selling 254,354 shares during the period. Meta Platforms makes up approximately 2.0% of ProShare Advisors LLC’s holdings, making the stock its 6th largest holding. ProShare Advisors LLC’s holdings in Meta Platforms were worth $974,750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of META. Vanguard Group Inc. lifted its position in 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 acquiring an additional 1,532,568 shares in the last quarter. State Street Corp lifted its position in shares of 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 purchasing an additional 1,650,435 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Meta Platforms by 1.3% during the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after purchasing an additional 682,768 shares in the last quarter. Norges Bank purchased a new position in shares of Meta Platforms in the second quarter valued at $23,155,393,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Meta Platforms by 1.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock valued at $10,694,644,000 after purchasing an additional 262,550 shares in the last quarter. Institutional investors and hedge funds 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

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $663.19, for a total transaction of $342,869.23. Following the completion of the transaction, the chief operating officer directly owned 9,098 shares in the company, valued at $6,033,702.62. This represents a 5.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the firm’s 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. The trade was a 9.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 10,478 shares of company stock valued at $6,799,696. Insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

META has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price objective on shares of Meta Platforms from $754.00 to $849.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Guggenheim increased their price target on Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Weiss Ratings restated a “buy (b)” rating on shares of Meta Platforms in a research note on Monday, December 29th. Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, UBS Group reissued a “buy” rating and set a $872.00 price target (up previously from $830.00) on shares of Meta Platforms in a research report 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $844.29.

Meta Platforms Stock Down 0.1%

META stock opened at $639.29 on Wednesday. The firm 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, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a fifty day moving average price of $656.74 and a two-hundred day moving average price of $691.62. 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 quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to analyst estimates 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 previous year, the business posted $8.02 EPS. Research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be given 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 is Monday, March 16th. Meta Platforms’s dividend payout ratio is presently 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.