Cim Investment Management Inc. Reduces Stock Holdings in Meta Platforms, Inc. $META

Cim Investment Management Inc. cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 48.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,311 shares of the social networking company’s stock after selling 8,794 shares during the quarter. Meta Platforms comprises about 1.9% of Cim Investment Management Inc.’s portfolio, making the stock its 10th biggest position. Cim Investment Management Inc.’s holdings in Meta Platforms were worth $6,838,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in META. Vista Capital Partners Inc. raised its holdings in shares of Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after purchasing an additional 14 shares during the last quarter. Trust Co of the South boosted its holdings in Meta Platforms by 0.8% in the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after purchasing an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC boosted its holdings in Meta Platforms by 1.6% in the third quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after purchasing an additional 14 shares during the last quarter. Alpine Bank Wealth Management grew its position in Meta Platforms by 0.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock worth $3,159,000 after purchasing an additional 14 shares during the period. Finally, Valued Wealth Advisors LLC grew its position in Meta Platforms by 3.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock worth $334,000 after purchasing an additional 14 shares during the period. 79.91% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, COO Javier Olivan sold 2,461 shares of the stock in a transaction that occurred on Sunday, February 15th. The stock was sold at an average price of $639.77, for a total value of $1,574,473.97. Following the completion of the sale, the chief operating officer owned 12,108 shares of the company’s stock, valued at approximately $7,746,335.16. This trade represents a 16.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 8,089 shares of Meta Platforms stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $631.24, for a total value of $5,106,100.36. Following the transaction, the chief technology officer owned 2,841 shares in the company, valued at approximately $1,793,352.84. The trade was a 74.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 159,830 shares of company stock valued at $102,409,190 in the last ninety days. 13.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Argus reissued a “buy” rating and issued a $800.00 price objective on shares of Meta Platforms in a report on Monday, February 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $860.00 target price (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price target on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Piper Sandler upped their price objective on Meta Platforms from $840.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Finally, Monness Crespi & Hardt raised their price objective on shares of Meta Platforms from $808.00 to $890.00 and gave the stock a “buy” 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 issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $844.44.

Key Stories Impacting Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Global user engagement is rising — Meta reported ~17% higher total time spent year‑over‑year across its platforms, which supports ad monetization and long‑term revenue growth. InsiderMonkey: User Engagement
• Positive Sentiment: Meta unveiled four MTIA custom AI chips and explicitly confirmed the Broadcom (AVGO) partnership — a move that helps scale inference workloads efficiently and could improve unit economics as GenAI inference rolls out. Meta AI blog: MTIA chips
• Neutral Sentiment: Analysts and buy‑the‑dip voices remain mixed but constructive — several pieces argue fundamentals (mid‑20% revenue growth last year, high margins) justify buying on weakness; JPMorgan reiterated an Overweight with a high target. Fool: Buy on pullback Finbold: JPMorgan target
• Neutral Sentiment: Smaller partner news (MONAT integration) expands social‑commerce use cases but is unlikely to move Meta’s top‑line materially in the near term. GlobeNewswire: MONAT integration
• Negative Sentiment: Huge AI infrastructure commitments — public reports show Meta has signed supply agreements (up to ~$27B with Nebius and large third‑party commitments) and is planning very large AI‑related CapEx — raising near‑term cash and margin pressure perceptions. CNBC: $27B Nebius deal
• Negative Sentiment: Layoff reports and related uncertainty — multiple outlets cite that Meta is considering cuts up to ~20% of staff to offset AI costs; that spurs short‑term volatility even if intended to improve long‑term efficiency. Reuters: Layoff report CNET: Workforce/AI spending
• Negative Sentiment: Regulatory and execution risks — reports of delays in Meta’s latest AI model and heightened scrutiny (e.g., China probing the Manus acquisition) increase downside risk and geopolitical/regulatory uncertainty. NYTimes: China scrutiny Fool: AI model delay

Meta Platforms Trading Down 0.8%

Shares of Meta Platforms stock opened at $622.66 on Wednesday. The firm has a market capitalization of $1.58 trillion, a PE ratio of 26.50, a P/E/G ratio of 0.97 and a beta of 1.30. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The firm’s 50-day moving average price is $651.86 and its 200 day moving average price is $675.20. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $58.33 billion. During the same period in the previous year, the company posted $8.02 earnings per share. The business’s revenue was up 23.8% on a year-over-year basis. On average, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

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 issued a $0.525 dividend. The ex-dividend date is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 8.94%.

About Meta Platforms

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.