Three Bridge Wealth Advisors LLC Cuts Stock Position in Meta Platforms, Inc. $META

Three Bridge Wealth Advisors LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META) by 6.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,093 shares of the social networking company’s stock after selling 2,497 shares during the period. Meta Platforms accounts for approximately 7.0% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. Three Bridge Wealth Advisors LLC’s holdings in Meta Platforms were worth $27,241,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the second quarter worth about $30,000. Evergreen Private Wealth LLC raised its stake in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares in the last quarter. Briaud Financial Planning Inc acquired a new stake in Meta Platforms in the 2nd quarter worth approximately $42,000. Knuff & Co LLC bought a new stake in Meta Platforms during the second quarter worth approximately $44,000. Finally, WFA Asset Management Corp grew its holdings in Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock valued at $49,000 after purchasing an additional 20 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 0.4%

Shares of META opened at $646.06 on Friday. The stock’s 50-day moving average price is $641.17 and its 200 day moving average price is $703.93. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.63 trillion, a price-to-earnings ratio of 28.54, a P/E/G ratio of 1.28 and a beta of 1.29. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s quarterly revenue was up 26.2% on a year-over-year basis. During the same quarter last year, the company earned $6.03 EPS. As a group, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s payout ratio is 9.28%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Strong demand for Meta’s new Ray‑Ban Display AI glasses suggests traction for Reality Labs hardware, which could help narrow losses if Meta scales production and sales. Meta’s New AI Glasses See “Unprecedented Demand”: What to Know
• Positive Sentiment: EU digital rule overhaul reportedly spares big tech from the strictest measures, reducing the probability of near‑term heavy regulatory constraints on Meta’s ad and platform businesses in Europe. Big Tech spared strict rules in EU digital rule overhaul, sources say
• Positive Sentiment: Analyst commentary emphasizing Meta’s strong growth and profitability (Rule of 40) and continued AI investment supports a constructive longer‑term view, helping underpin the stock despite short‑term noise. Meta Platforms: Rule Of 40 Says Buy
• Neutral Sentiment: Meta paused the international rollout of Ray‑Ban Display glasses to prioritize U.S. demand amid limited inventory — a mixed signal: strong U.S. uptake but delayed international revenue contribution. Meta delays Ray-Ban Display glasses global rollout due to inventory limits, U.S. demand
• Neutral Sentiment: Guggenheim trimmed its price target on META from $875 to $800 while keeping a Buy rating — slightly reduced upside in Street targets but still constructive from that analyst. Benzinga: Guggenheim lowers Meta price target
• Negative Sentiment: China’s Commerce Ministry said it will assess and investigate Meta’s acquisition of Manus for compliance with export and security rules — this raises the risk the deal could be blocked, delayed, or subject to conditions and is the primary near‑term negative catalyst for the stock. China to assess, investigate Meta’s acquisition of AI startup Manus
• Negative Sentiment: Insider selling: COO Javier Oliván disclosed a small sale of 517 shares (part of recurring small disposals), which can be perceived negatively by some investors even though the position remains substantial. SEC filing: Javier Oliván sale

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 11,690 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $593.31, for a total transaction of $6,935,793.90. Following the completion of the transaction, the chief technology officer owned 2,415 shares in the company, valued at $1,432,843.65. This trade represents a 82.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Javier Olivan sold 2,610 shares of the company’s stock in a transaction that occurred on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $1,590,690.60. Following the completion of the sale, the chief operating officer owned 9,784 shares in the company, valued at approximately $5,962,956.64. This represents a 21.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 41,555 shares of company stock worth $25,869,502 in the last ninety days. Company insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on META. Barclays reduced their price objective on shares of Meta Platforms from $810.00 to $770.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research report on Thursday, October 30th. Arete Research set a $718.00 price target on shares of Meta Platforms in a report on Thursday, December 4th. Erste Group Bank lowered Meta Platforms from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $825.00 price objective (down previously from $900.00) on shares of Meta Platforms in a research report on Thursday, October 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $822.89.

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.