Meta Platforms, Inc. $META Shares Acquired by First National Trust Co

First National Trust Co lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 2.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,006 shares of the social networking company’s stock after buying an additional 1,012 shares during the period. Meta Platforms makes up 1.3% of First National Trust Co’s investment portfolio, making the stock its 15th largest holding. First National Trust Co’s holdings in Meta Platforms were worth $38,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the second quarter valued at approximately $30,000. Briaud Financial Planning Inc purchased a new stake in Meta Platforms in the 2nd quarter valued at $42,000. Knuff & Co LLC acquired a new stake in Meta Platforms during the 2nd quarter worth $44,000. WFA Asset Management Corp grew its position 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 purchasing an additional 20 shares during the last quarter. Finally, Spurstone Advisory Services LLC acquired a new position in Meta Platforms in the second quarter valued at $59,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Meta Platforms

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $624.14, for a total transaction of $323,928.66. Following the completion of the transaction, the insider owned 31,253 shares of the company’s stock, valued at approximately $19,506,247.42. This trade represents a 1.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Javier Olivan sold 517 shares of the company’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $661.11, for a total value of $341,793.87. Following the completion of the sale, the chief operating officer owned 12,717 shares in the company, valued at $8,407,335.87. This represents a 3.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 10,478 shares of company stock valued at $6,799,696 in the last ninety days. Corporate insiders own 13.61% of the company’s stock.

Trending Headlines about 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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on META. Benchmark downgraded shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, October 30th. Pivotal Research decreased their price objective on Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Roth Mkm dropped their target price on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Bank of America upped their price target on Meta Platforms from $810.00 to $885.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Citizens Jmp reiterated an “outperform” rating and issued a $900.00 price objective (up from $750.00) on shares of Meta Platforms in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $844.29.

Meta Platforms Stock Down 0.1%

META opened at $639.29 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. 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, Inc. has a one year low of $479.80 and a one year high of $796.25. The business’s fifty day moving average is $656.74 and its two-hundred day moving average is $691.62.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.02 EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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