Meta Platforms, Inc. $META Shares Acquired by Diversify Wealth Management LLC

Diversify Wealth Management LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.4% in the third quarter, Holdings Channel reports. The firm owned 29,592 shares of the social networking company’s stock after acquiring an additional 1,247 shares during the period. Meta Platforms makes up 1.3% of Diversify Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Diversify Wealth Management LLC’s holdings in Meta Platforms were worth $21,732,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Meta Platforms in the second quarter valued at about $23,155,393,000. Laurel Wealth Advisors LLC boosted its holdings in Meta Platforms by 73,443.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock worth $6,212,506,000 after acquiring an additional 8,405,558 shares during the period. State Street Corp grew its position 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 acquiring an additional 1,650,435 shares in the last quarter. Vanguard Group Inc. grew its position in Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after acquiring an additional 1,532,568 shares in the last quarter. Finally, Concentrum Wealth Management raised its stake in shares of Meta Platforms by 948.7% during the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock valued at $913,000 after purchasing an additional 1,124,998 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Roundup

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

Insider Buying and Selling at Meta Platforms

In related news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $639.18, for a total value of $370,724.40. Following the completion of the transaction, the director owned 5,007 shares of the company’s stock, valued at approximately $3,200,374.26. The trade was a 10.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 160,927 shares of company stock worth $103,155,254 in the last quarter. 13.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on META shares. Piper Sandler upped their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Sanford C. Bernstein restated an “outperform” rating and set a $900.00 target price (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a research report on Monday, January 26th. Wells Fargo & Company boosted their price target on Meta Platforms from $849.00 to $856.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Finally, Wedbush raised their price objective on Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Three research 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $844.44.

Meta Platforms Stock Up 1.9%

NASDAQ: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 company has a market capitalization of $1.69 trillion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth 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. The stock has a 50-day simple moving average of $655.49 and a 200 day simple moving average of $682.65.

Meta Platforms (NASDAQ:META) last released its earnings results 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 for 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%.Meta Platforms’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the business posted $8.02 EPS. Sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be issued a $0.525 dividend. 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.