Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on February 24th, the Representative disclosed that they had bought between $100,001 and $250,000 in Meta Platforms stock on February 3rd. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.
Representative Cleo Fields also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/12/2026.
- Purchased $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 2/3/2026.
- Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 2/3/2026.
- Purchased $100,001 – $250,000 in shares of Micron Technology (NASDAQ:MU) on 2/3/2026.
- Purchased $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/3/2026.
- Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
- Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.
- Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
- Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.
Meta Platforms Stock Performance
Shares of Meta Platforms stock opened at $657.01 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.66 trillion, a PE ratio of 27.96, a price-to-earnings-growth ratio of 1.01 and a beta of 1.28. The business has a fifty day simple moving average of $656.04 and a 200-day simple moving average of $686.79.
Meta Platforms Announces Dividend
The firm also recently announced 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 is Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 8.94%.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on META shares. KeyCorp reduced their price target on shares of Meta Platforms from $875.00 to $835.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Piper Sandler increased their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Roth Mkm decreased their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Citigroup restated an “outperform” rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Monness Crespi & Hardt increased their price objective on Meta Platforms from $808.00 to $890.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $844.44.
Read Our Latest Report on META
Key Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Major AMD GPU agreement strengthens Meta’s AI scale and supplier diversification, supporting long‑term ad/AI monetization potential even as it implies higher capital spending. META Taps AMD GPUs
- Positive Sentiment: Report that Meta will rent Google TPUs to accelerate model development gives the company faster access to compute and reduces dependence on any single vendor, aiding short‑term AI progress. Google signs multibillion-dollar AI chip deal with Meta
- Positive Sentiment: Meta’s quarterly cash dividend ($0.525/share) adds a modest income component and can help stabilize the stock amid a heavy AI capex cycle. MarketBeat META overview
- Neutral Sentiment: Meta is reportedly planning a stablecoin/payments pilot in H2 2026 — a long‑term monetization opportunity that could boost creator payouts and cross‑border settlement, but timing, partners and regulation remain key uncertainties. CoinDesk: Meta stablecoin plans
- Neutral Sentiment: Short interest in META declined meaningfully in February, reducing a potential downside crowd and making rallies easier to sustain (short‑covering risk lower).
- Negative Sentiment: Insider selling: CFO Susan Li reported large share sales (most recently disclosed Feb. 24 filing), and COO Javier Olivan sold shares — routine but can be interpreted negatively by some investors. SEC filing: Susan J. Li sale
- Negative Sentiment: Ongoing litigation and regulatory scrutiny — high‑profile U.S. trial over alleged social‑media harm and EU antitrust disputes — keep headline risk and potential compliance costs elevated. Reuters: social‑media trial Reuters: EU court adviser on antitrust
- Negative Sentiment: AI talent movement (e.g., OpenAI hiring a Meta researcher) and high ongoing capex projections (guidance points to elevated 2026 spending) are reminders that competition for talent and costly infrastructure could pressure margins before long‑term gains materialize. Reuters: OpenAI hires Meta researcher
Insider Activity
In other Meta Platforms news, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction that occurred on 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 owned 2,841 shares of the company’s stock, valued at $1,793,352.84. The trade was a 74.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Susan J. Li sold 55,702 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $633.61, for a total value of $35,293,344.22. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at $8,354,781.46. This trade represents a 80.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 103,837 shares of company stock worth $66,356,760 over the last quarter. Corporate insiders own 13.61% of the company’s stock.
Institutional Trading of Meta Platforms
Institutional investors and hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Meta Platforms in the 4th quarter valued at approximately $22,152,075,000. Laurel Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 73,443.1% during the second quarter. Laurel Wealth Advisors LLC now owns 8,417,003 shares of the social networking company’s stock valued at $6,212,506,000 after acquiring an additional 8,405,558 shares during the period. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the period. Corient Private Wealth LLC boosted its stake in Meta Platforms by 488.1% in the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock valued at $3,608,445,000 after acquiring an additional 4,537,076 shares during the last quarter. Finally, State Street Corp boosted its holdings in Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after buying an additional 4,395,763 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.
About Representative FIELDS
Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.
Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.
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.
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