Robertson Stephens Wealth Management LLC Acquires 11,325 Shares of Meta Platforms, Inc. $META

Robertson Stephens Wealth Management LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 137.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,540 shares of the social networking company’s stock after purchasing an additional 11,325 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Meta Platforms were worth $12,898,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Westchester Capital Management Inc. bought a new position in Meta Platforms in the 3rd quarter worth approximately $26,000. Key Capital Management INC bought a new position in Meta Platforms in the 4th quarter worth approximately $48,000. Fairway Wealth LLC raised its holdings in shares of Meta Platforms by 36.8% during the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after acquiring an additional 21 shares in the last quarter. Evergreen Private Wealth LLC raised its holdings in shares of Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after acquiring an additional 35 shares in the last quarter. Finally, PMV Capital Advisers LLC raised its holdings in shares of Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after acquiring an additional 20 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Stock Performance

META stock opened at $603.00 on Wednesday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is $624.72 and its two-hundred day simple moving average is $642.58. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The firm has a market cap of $1.53 trillion, a price-to-earnings ratio of 21.92, a PEG ratio of 1.05 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter last year, the firm posted $6.43 earnings per share. The business’s revenue was up 33.1% compared to the same quarter last year. Analysts predict that Meta Platforms, Inc. will post 29.65 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date was 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 (DPR) is presently 7.63%.

Meta Platforms News Summary

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

• Positive Sentiment: One bullish analysis argues Meta is attractively priced for a recession scenario, citing 33% year-over-year revenue growth, strong operating margins, and the potential for long-term margin expansion as AI investments drive efficiency. Why Meta Is My Top Pick: Priced For A Recession With Massive Upside
• Positive Sentiment: Meta is testing deeper AI integration in Threads, which could improve engagement and strengthen its product ecosystem over time. Threads tests a Meta AI integration that works similarly to Grok
• Positive Sentiment: Meta offered rival AI chatbots temporary free access to WhatsApp as part of talks with EU antitrust regulators, suggesting the company is actively trying to reduce regulatory friction in Europe. Meta offers rival AI chatbots free access to WhatsApp month
• Neutral Sentiment: Several articles discuss Meta’s role in the broader attention economy and compare its platform model with earlier media strategies, but these are not immediate stock catalysts. Ted Turner built the original infinite scroll
• Negative Sentiment: Santa Clara County filed a lawsuit accusing Meta of profiting from scam ads on Facebook and Instagram, adding to concerns about ad quality, moderation, and legal exposure. California county sues Meta over scam ads
• Negative Sentiment: Meta also lost a court fight in Europe over compensation for Italian publishers, reinforcing ongoing regulatory and content-rights risks. Meta loses court fight over compensation to Italian publishers
• Negative Sentiment: Fresh reports and lawsuits alleging scam ads targeting seniors, along with investigations into Meta’s board oversight and privacy/AI practices, could keep sentiment under pressure if they broaden. Meta Faces Fresh Controversy Over Facebook Scam Ads

Insiders Place Their Bets

In other Meta Platforms news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Wednesday, April 15th. The stock was 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 in the company, valued at $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $607.74, for a total value of $562,767.24. Following the completion of the sale, the chief operating officer owned 7,779 shares in the company, valued at approximately $4,727,609.46. The trade was a 10.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 167,676 shares of company stock worth $107,299,848. Insiders own 13.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on META shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Morgan Stanley decreased their price objective on Meta Platforms from $825.00 to $775.00 and set an “overweight” rating on the stock in a report on Monday, March 30th. Scotiabank upped their price objective on Meta Platforms from $685.00 to $700.00 and gave the stock a “sector perform” rating in a report on Thursday, January 29th. Wolfe Research decreased their price target on Meta Platforms from $850.00 to $800.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Finally, Bank of America decreased their price target 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 equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus target price of $840.31.

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.