Kingdon Capital Management L.L.C. Purchases Shares of 16,000 Meta Platforms, Inc. $META

Kingdon Capital Management L.L.C. acquired a new position in Meta Platforms, Inc. (NASDAQ:META) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 16,000 shares of the social networking company’s stock, valued at approximately $11,750,000. Meta Platforms accounts for 1.5% of Kingdon Capital Management L.L.C.’s holdings, making the stock its 20th biggest position.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Meta Platforms during the 2nd quarter valued at $23,155,393,000. Laurel Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 8,405,558 shares during the period. State Street Corp lifted its position in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after purchasing an additional 1,650,435 shares during the period. Vanguard Group Inc. boosted its stake in shares of Meta Platforms by 0.8% during the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after purchasing an additional 1,532,568 shares in the last quarter. Finally, Concentrum Wealth Management boosted its stake in shares of Meta Platforms by 948.7% during the 3rd 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 in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

META has been the subject of a number of research reports. Barclays reissued an “overweight” rating and issued a $800.00 price target (up from $770.00) on shares of Meta Platforms in a research note on Thursday, January 29th. UBS Group reaffirmed a “buy” rating and set a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Robert W. Baird upped their target price on Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Rosenblatt Securities increased their target price on Meta Platforms from $1,117.00 to $1,144.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Evercore raised their target price on Meta Platforms from $875.00 to $900.00 and gave the company an “outperform” rating in a research note 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 given a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average target price of $844.44.

Meta Platforms Price Performance

Shares of META opened at $627.45 on Tuesday. The stock has a market cap of $1.59 trillion, a PE ratio of 26.70, a price-to-earnings-growth ratio of 0.95 and a beta of 1.30. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. 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 simple moving average is $652.62 and its two-hundred day simple moving average is $676.01.

Meta Platforms (NASDAQ:META) last released its earnings results 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. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. During the same period last year, the business earned $8.02 earnings per share. The business’s revenue was up 23.8% on a year-over-year basis. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors 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 dividend payout ratio (DPR) is 8.94%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 2,461 shares of the business’s stock in a transaction 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 sale, the chief operating officer directly owned 12,108 shares of the company’s stock, valued at approximately $7,746,335.16. The trade was a 16.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Susan J. Li sold 56,571 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 159,830 shares of company stock worth $102,409,190. 13.61% of the stock is owned by insiders.

More Meta Platforms News

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

• Positive Sentiment: Reports that Meta is preparing to cut roughly 20% of its workforce pushed expectations for multi‑billion dollar annual cost savings and sparked a rally as investors priced in faster path to profitability. Meta shares jump after Reuters report on plans for layoffs of 20% or more
• Positive Sentiment: JPMorgan reiterated an Overweight rating and reiterated a high price target, providing institutional support for the stock amid the headlines. Analysts set Meta stock price target
• Neutral Sentiment: Meta signed a large multi‑year AI infrastructure agreement with Nebius (reported up to $27B) — it secures compute capacity critical for scaling AI but also confirms very large future spend commitments. Markets see this as strategic but capital‑intensive. Meta signs deal worth up to $27 billion with Nebius for AI infrastructure
• Neutral Sentiment: Several bullish analyst/strategy pieces argue the pullback is a buying opportunity given Meta’s scale, ad growth and AI monetization runway — providing counterweight to cost/CapEx concerns. Delays, Compute Deals, And Sky‑High CapEx: Why I’m Still Bullish On Meta
• Neutral Sentiment: Nebius and other cloud partners have seen strong share moves on the deal, highlighting that Meta’s AI commitments are reshaping the supplier landscape even if the direct near‑term benefit to Meta is mixed. Meta’s $27B AI Cloud Deal Sends Nebius Group Stock Soaring
• Negative Sentiment: Multiple reports flag surging AI spending, product delays (Avocado AI, smart glasses) and high CapEx plans — investors worry these investments could pressure margins and cash flow before monetization. Meta Reportedly Plans Job Cuts as AI Spending Surges
• Negative Sentiment: Advertiser pushback on a new Facebook/Instagram payment policy raises modest short‑term ad revenue execution risk if it leads to reduced spend from affected advertisers. Why some Facebook and Instagram advertisers are freaking out about a new payment policy
• Negative Sentiment: Macro/regulatory uncertainty — including EU debates over content‑detection rules — keeps policy risk on investors’ radars; outcomes could affect compliance costs and product implementations in Europe. EU fails to extend rules on child abuse content detection by online platforms

Meta Platforms 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.