Meta Platforms, Inc. $META Shares Sold by Kemnay Advisory Services Inc.

Kemnay Advisory Services Inc. reduced its stake in Meta Platforms, Inc. (NASDAQ:META) by 9.8% during the 3rd quarter, Holdings Channel reports. The fund owned 21,550 shares of the social networking company’s stock after selling 2,334 shares during the period. Meta Platforms comprises about 2.4% of Kemnay Advisory Services Inc.’s portfolio, making the stock its 14th biggest position. Kemnay Advisory Services Inc.’s holdings in Meta Platforms were worth $15,826,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Westchester Capital Management Inc. acquired a new position in Meta Platforms in the 3rd quarter valued at about $26,000. Bare Financial Services Inc purchased a new stake in shares of Meta Platforms during the second quarter worth about $30,000. Knuff & Co LLC purchased a new stake in shares of Meta Platforms during the second quarter worth about $44,000. Spurstone Advisory Services LLC acquired a new position in shares of Meta Platforms in the second quarter valued at approximately $59,000. Finally, Evergreen Private Wealth LLC raised its position in shares of Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock valued at $65,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on META shares. Bank of America raised their target price on shares of Meta Platforms from $810.00 to $885.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Raymond James Financial reduced their price target on Meta Platforms from $825.00 to $800.00 and set a “strong-buy” rating on the stock in a research note on Monday, January 26th. Monness Crespi & Hardt raised 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a research report on Monday, December 29th. Finally, Argus reiterated a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a research note on Monday, February 2nd. Three equities 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 stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $844.44.

Meta Platforms Stock Performance

NASDAQ:META opened at $654.86 on Thursday. 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 company has a market cap of $1.66 trillion, a P/E ratio of 27.87, a P/E/G ratio of 1.01 and a beta of 1.30. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The firm’s 50 day moving average is $654.42 and its two-hundred day moving average is $679.16.

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, beating the consensus estimate of $8.16 by $0.72. The company had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the company earned $8.02 EPS. Analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s payout ratio is 8.94%.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $634.94, for a total value of $587,954.44. Following the transaction, the chief operating officer directly owned 15,187 shares of the company’s stock, valued at $9,642,833.78. The trade was a 5.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Andrew Bosworth sold 8,089 shares of the business’s stock in a transaction dated 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 sale, 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 161,446 shares of company stock valued at $103,451,688. Company 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: Rolled out a roadmap of four new in‑house AI chips to expand data‑center capacity and cut dependence on third‑party hardware — a move that should lower long‑term costs and support Meta’s AI scale and margins. Meta unveils plans for batch of in-house AI chips
• Positive Sentiment: Acquired Moltbook, a viral social network for AI agents, and brought its founders into Meta’s Superintelligence Labs — an inexpensive talent & capability win that reinforces Meta’s AI roadmap and content‑generation/testing capabilities. Meta acquires AI agent social network Moltbook
• Positive Sentiment: Launched AI‑powered anti‑scam tools across WhatsApp, Facebook and Messenger — a user‑safety boost that can protect engagement and advertiser confidence on its platforms. Meta rolls out new scam detection tools to Facebook, WhatsApp, and Messenger
• Neutral Sentiment: Street commentary (Evercore/Barron’s) suggests internet names including META may be oversold after AI worries and geopolitical risk — a catalyst that could attract value buyers but depends on macro sentiment. Amazon, Uber, and Other Internet Stocks Look Too Cheap After AI and Iran Worries
• Negative Sentiment: Insider selling: COO Javier Olivan sold multiple blocks of shares (hundreds of shares reported), trimming his position — a near‑term negative signal that can weigh on sentiment even if routine. SEC filing: Javier Olivan sales
• Negative Sentiment: Announced a 2–5% “location fee” for advertisers to cover some European digital taxes — could pressure ad rates/advertiser spend in affected markets and be a small drag on revenue growth. Meta to charge advertisers a fee to offset Europe’s digital taxes
• Negative Sentiment: Dutch appeals court upheld a ruling forcing Meta to offer chronological feeds in the Netherlands — a regulatory loss that could affect engagement/personalization and set precedents for further restrictions. Dutch court upholds ruling forcing Meta to offer chronological feeds

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.