Harel Insurance Investments & Financial Services Ltd. Acquires 11,548 Shares of Meta Platforms, Inc. $META

Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 6.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 181,970 shares of the social networking company’s stock after buying an additional 11,548 shares during the quarter. Meta Platforms accounts for about 1.0% of Harel Insurance Investments & Financial Services Ltd.’s investment portfolio, making the stock its 29th largest holding. Harel Insurance Investments & Financial Services Ltd.’s holdings in Meta Platforms were worth $120,112,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC grew its holdings in Meta Platforms by 34.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock worth $38,373,000 after acquiring an additional 13,311 shares during the last quarter. Keybank National Association OH grew its holdings in Meta Platforms by 15.7% in the 4th quarter. Keybank National Association OH now owns 133,798 shares of the social networking company’s stock worth $88,319,000 after acquiring an additional 18,169 shares during the last quarter. Becker Capital Management Inc. grew its holdings in Meta Platforms by 5.0% in the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company’s stock worth $25,741,000 after acquiring an additional 1,657 shares during the last quarter. Diversified Trust Co. grew its holdings in Meta Platforms by 4.1% in the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company’s stock worth $55,487,000 after acquiring an additional 3,336 shares during the last quarter. Finally, Cramer Rosenthal Mcglynn LLC grew its holdings in Meta Platforms by 16.2% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company’s stock worth $5,091,000 after acquiring an additional 968 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Insider Activity

In related news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $604.57, for a total transaction of $559,831.82. Following the completion of the transaction, the chief operating officer directly owned 6,853 shares of the company’s stock, valued at $4,143,118.21. This trade represents a 11.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the transaction, the director directly owned 3,847 shares of the company’s stock, valued at approximately $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 169,231 shares of company stock valued at $108,239,954. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on META. Rosenblatt Securities reissued a “buy” rating and issued a $1,015.00 price target on shares of Meta Platforms in a report on Thursday, April 30th. Jefferies Financial Group raised their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Meta Platforms from $880.00 to $920.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. DA Davidson raised their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Wall Street Zen lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $840.31.

More Meta Platforms News

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

• Positive Sentiment: Bill Ackman’s Pershing Square continues to hold Meta alongside other megacap AI leaders, reinforcing the view that META remains a core long-term AI and digital ads name. Microsoft, Meta, Amazon and Google. Is Ackman’s Hedge Fund Just a Mag 7 Play?
• Positive Sentiment: Analysts and market commentary continue to point out that Meta’s latest earnings beat was strong, with faster revenue growth and better-than-expected EPS, which supports the bull case despite recent volatility.
• Neutral Sentiment: Meta is getting attention as one of the most-watched stocks on Zacks, suggesting investors are closely focused on what comes next for AI spending, ad growth, and margins. Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Meta is still a key part of the AI trade, but commentary about an AI bubble and crowded megacap positioning is keeping sentiment cautious around the stock. UBS warns AI stocks are overheating as growth expectations collide with history
• Negative Sentiment: Meta’s CFO said 2026 capital expenditures are expected to keep rising, intensifying concerns that heavy AI infrastructure spending could weigh on free cash flow and near-term profitability. Money Pit? Zuckerberg Just Exposed Why Hyperscaler AI Spending Keeps Going Up
• Negative Sentiment: Meta is facing fresh legal and regulatory pressure, including a New Mexico youth-safety trial, an Italian lawsuit over minors’ social media use, and a California suit tied to AI scam ads and advertising practices. Meta and Google fund US kids’ groups, as critics warn of social media risk
• Negative Sentiment: Some fund managers trimmed META holdings, which may add to near-term caution even though other investors increased exposure. ARK Investment’s Cathie Wood Cuts Meta Platforms Stake Sharply

Meta Platforms Trading Down 0.7%

NASDAQ:META opened at $614.23 on Friday. The company has a 50-day moving average price of $622.18 and a 200-day moving average price of $640.72. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a market cap of $1.55 trillion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 1.08 and a beta of 1.25.

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

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.