Choreo LLC Cuts Stock Holdings in Meta Platforms, Inc. $META

Choreo LLC lessened its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 83,609 shares of the social networking company’s stock after selling 1,054 shares during the quarter. Meta Platforms makes up about 0.8% of Choreo LLC’s holdings, making the stock its 25th largest holding. Choreo LLC’s holdings in Meta Platforms were worth $61,391,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of META. Vanguard Group Inc. raised its position in shares of Meta Platforms by 0.8% in 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 grew its stake in Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Geode Capital Management LLC raised its holdings in Meta Platforms by 1.3% in 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 stake in shares of Meta Platforms during the second quarter valued at about $23,155,393,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Meta Platforms by 1.8% in 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 buying an additional 262,550 shares in the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Meta Platforms from $875.00 to $900.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Jefferies Financial Group lifted their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Roth Mkm decreased their price objective on Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a report on Monday, January 26th. Argus reissued a “buy” rating and issued a $800.00 price objective on shares of Meta Platforms in a research report on Monday, February 2nd. Finally, Needham & Company LLC reaffirmed a “hold” rating 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 given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $844.44.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $639.18, for a total transaction of $370,724.40. Following the sale, the director directly owned 5,007 shares of the company’s stock, valued at approximately $3,200,374.26. This trade represents a 10.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at approximately $1,793,352.84. This trade represents a 74.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 160,927 shares of company stock valued at $103,155,254 over the last quarter. 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: News Corp signed a multiyear AI content-licensing deal that gives Meta paid access to US/UK newsroom content for model training and retrieval — reduces legal risk around training data and improves quality of AI outputs. News Corp licensing deal
• Positive Sentiment: Meta is forming a new applied AI engineering organization (flat structure, close partnership with its Superintelligence Lab/Reality Labs) to speed model development — signals continued R&D investment that supports future AI product rollouts and monetization. Applied AI org
• Positive Sentiment: Reports say Meta is testing an AI-powered shopping research tool inside its chatbot — a direct move to expand commerce monetization beyond ads if rolled out at scale. AI shopping tool test
• Neutral Sentiment: Policy/power risk for data centers: the White House discussion on data-center self-supplied power and energy-cost pledges creates regulatory and capex uncertainty for operators (including hyperscalers). It’s a macro/legal issue rather than a Meta-specific earnings shock for now. Data center power policy
• Neutral Sentiment: Analysts and outlets are re‑examining Meta’s valuation after a strong multi‑year run; useful context for positioning but not an immediate catalyst. Valuation analysis
• Negative Sentiment: CFO Susan J. Li sold 56,571 shares (~$36.5M) in a disclosed SEC filing — large insider sales can spook retail investors even if done under pre-set plans. SEC filing – insider sale
• Negative Sentiment: Facebook experienced outages for thousands of U.S. users (Downdetector/Reuters) — a short-term engagement and reputation hit that can transiently pressure ad impressions and sentiment. Outage report
• Negative Sentiment: Reports that Meta scaled back parts of its custom “Olympus” AI accelerator program highlight execution risk and likely greater near‑term reliance on external GPU suppliers — a potential margin/capex and partner-concentration consideration. Chip program pullback

Meta Platforms Stock Performance

Shares of META opened at $667.73 on Thursday. 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 stock has a 50-day moving average of $655.49 and a two-hundred day moving average of $682.65. The stock has a market cap of $1.69 trillion, a P/E ratio of 28.41, a P/E/G ratio of 1.02 and a beta of 1.30. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data 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. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. During the same period last year, the business posted $8.02 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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