Meta Platforms, Inc. $META Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 11.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,574 shares of the social networking company’s stock after buying an additional 1,358 shares during the period. Meta Platforms makes up 1.1% of Patriot Financial Group Insurance Agency LLC’s portfolio, making the stock its 12th biggest holding. Patriot Financial Group Insurance Agency LLC’s holdings in Meta Platforms were worth $8,960,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new stake in Meta Platforms in the 3rd quarter worth about $26,000. Key Capital Management INC purchased a new position in shares of Meta Platforms in the 4th quarter worth about $48,000. Evergreen Private Wealth LLC raised its holdings in shares of Meta Platforms by 64.8% in the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after purchasing an additional 35 shares during the period. PMV Capital Advisers LLC raised its holdings in shares of Meta Platforms by 26.3% in the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after purchasing an additional 20 shares during the period. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Meta Platforms in the 3rd quarter worth about $71,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Meta Platforms news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $680.09, for a total transaction of $629,763.34. Following the completion of the sale, the chief operating officer owned 9,631 shares in the company, valued at $6,549,946.79. This trade represents a 8.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the sale, the director owned 3,847 shares of the company’s stock, valued at approximately $2,565,949. This trade represents a 13.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 165,600 shares of company stock worth $106,023,973. Company insiders own 13.61% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta signed a multiyear, multibillion-dollar agreement to deploy tens of millions of AWS Graviton5 cores to power its agentic AI workloads — investors view this as a scalable, cost-efficient way to boost AI capacity and cut future capex risk. Meta strikes deal with Amazon’s cloud unit to use its CPU chips
• Positive Sentiment: Management announced plans to cut ~10% of the workforce (~8,000 roles) and freeze hiring for ~6,000 openings to “run more efficiently” and offset AI investments — a move markets often reward when paired with heavy AI capex. Meta will cut 10% of workforce as it pushes more into AI
• Positive Sentiment: Analyst support and buy-side interest (price-target upgrades and bullish notes on AI-driven ad monetization) are reinforcing the upside narrative around revenue and margins. Guggenheim reaffirms buy and sets $850 target
• Neutral Sentiment: Insider sales by the COO were disclosed (executed under a Rule 10b5‑1 plan) — routine but noted by traders watching insider activity. SEC filing: Javier Olivan insider sales
• Negative Sentiment: Staff reactions describe weeks of limbo and morale damage (“28 days of hell”) ahead of the May cuts, raising execution and product-risk concerns if key teams are disrupted. Meta employees react to pending job cuts
• Negative Sentiment: Reports that Meta is tracking employee keystrokes and web usage to train AI models raise privacy/ethical questions and potential regulatory scrutiny that could create reputational or legal costs. Meta is tracking employee usage for AI training
• Negative Sentiment: Ongoing legal/ESG pressures (court rulings, shareholder proposals on human rights and AI energy/climate impacts) remain a medium-term headwind for sentiment and could spur additional disclosures or costs. Meta faces new ESG pressures

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $675.50 on Monday. The company has a market cap of $1.71 trillion, a P/E ratio of 28.74, a PEG ratio of 1.10 and a beta of 1.31. 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 one year low of $520.26 and a one year high of $796.25. The business’s 50-day simple moving average is $628.34 and its 200 day simple moving average is $649.13.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating the consensus estimate of $8.16 by $0.72. The business 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%.The company’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the business posted $8.02 EPS. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 29.83 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is presently 8.94%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wolfe Research cut their price objective on Meta Platforms from $850.00 to $800.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Mizuho raised their price objective on Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. DA Davidson raised their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Roth Mkm cut their price objective on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Finally, Bank of America cut their price objective on Meta Platforms from $885.00 to $820.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and a consensus target price of $837.09.

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.