Pier 88 Investment Partners LLC Sells 4,100 Shares of Meta Platforms, Inc. $META

Pier 88 Investment Partners LLC cut its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 58.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,900 shares of the social networking company’s stock after selling 4,100 shares during the quarter. Pier 88 Investment Partners LLC’s holdings in Meta Platforms were worth $2,130,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bare Financial Services Inc bought a new stake in shares of Meta Platforms during the 2nd quarter valued at about $30,000. Briaud Financial Planning Inc bought a new stake in Meta Platforms in the second quarter worth approximately $42,000. Knuff & Co LLC acquired a new position in Meta Platforms in the second quarter valued at approximately $44,000. WFA Asset Management Corp boosted its holdings in shares of Meta Platforms by 42.6% during the 2nd quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after buying an additional 20 shares in the last quarter. Finally, Spurstone Advisory Services LLC acquired a new stake in shares of Meta Platforms during the 2nd quarter worth approximately $59,000. Institutional investors own 79.91% of the company’s stock.

Insiders Place Their Bets

In other Meta Platforms news, CAO Aaron Anderson sold 726 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total value of $429,501.60. Following the completion of the transaction, the chief accounting officer owned 6,035 shares in the company, valued at $3,570,306. This represents a 10.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Javier Olivan sold 2,610 shares of Meta Platforms stock in a transaction on Saturday, November 15th. The stock was sold at an average price of $609.46, for a total value of $1,590,690.60. Following the sale, the chief operating officer owned 9,784 shares in the company, valued at $5,962,956.64. The trade was a 21.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 39,594 shares of company stock valued at $24,325,407. 13.61% of the stock is currently owned by insiders.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta reported strong Q4 results and gave a very aggressive ~30% Q1 revenue guide, which has led analysts to lift price targets and underpins the bullish case. Meta Platforms Posted Its Fastest Growth Guide in Years—Now What?
• Positive Sentiment: Several broker actions reinforce buy-side sentiment: Cantor Fitzgerald raised its price target (to $860) and Barclays reiterated an Overweight rating; Argus reiterated a Buy — supportive for medium-term upside. Cantor Fitzgerald Hikes Price Target on Meta Platforms, Inc. (META) to $860, Maintains Overweight Rating Barclays Keeps an Overweight rating on Meta Platforms, Inc. (META) Argus Reiterates “Buy” Rating for Meta Platforms (NASDAQ:META)
• Positive Sentiment: Institutional demand: Davis Selected Advisers has boosted its Meta stake, a sign of conviction from a value-oriented manager. Davis Selected Advisers boosts Meta Platforms stake
• Positive Sentiment: Coverage arguing Meta is monetizing AI better than peers adds to the bull narrative that ad/AI revenue upside can continue. Meta Beats Microsoft At AI Monetization – Here’s Why
• Neutral Sentiment: Meta expanded a clean‑energy PPA with Zelestra for the 176 MWdc Skull Creek solar plant in Texas — supports 100% renewable matching but is a long-dated, non-revenue ESG move. Zelestra Expands Relationship with Meta in the US, with a New Power Purchase Agreement for the 176 MWdc Skull Creek Solar Plant in Texas
• Neutral Sentiment: Long-term infrastructure context: commentary on AI’s power needs and Meta’s agreements (e.g., with Oklo/SMR developers) highlight heavy, multi-year capital intensity for AI infrastructure — strategic but costly. The Atomic Pivot: AI’s $50 Billion Power Move
• Negative Sentiment: Regulatory risk: India’s top court questioned WhatsApp’s data‑sharing with Meta entities and warned of reimposing restrictions — a potential headwind for user trust and growth in a key market. India’s top court questions WhatsApp policy of sharing user data with Meta entities
• Negative Sentiment: Insider selling: COO Javier Olivan disclosed a sale of 517 shares (~$369k), a small reduction in holdings; typically viewed as minor but can feed short‑term profit‑taking narratives. SEC Filing – Javier Olivan sale
• Negative Sentiment: Cost/capex worries: commentary that AI capex and Meta’s rising 2026 spending could dent margins has investors taking profits after the big rally. AI Capex Clouds Tech Horizon, Even as Meta and Tesla Shine Meta: Still A ‘Buy,’ But Nearing The End Of Its Run As Expenses Mount

Wall Street Analysts Forecast Growth

META has been the topic of a number of research reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $900.00 target price (up previously from $870.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Oppenheimer lowered shares of Meta Platforms from an “outperform” rating to a “market perform” rating in a report on Thursday, October 30th. Morgan Stanley raised their target price on Meta Platforms from $750.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $860.00 target price (up from $750.00) on shares of Meta Platforms in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a research note on Monday, December 29th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $848.50.

Meta Platforms Stock Down 3.3%

Meta Platforms stock opened at $668.99 on Thursday. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.60 and a current ratio of 2.60. The firm’s 50-day simple moving average is $655.74 and its 200 day simple moving average is $695.72. The stock has a market cap of $1.69 trillion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 1.18 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data 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. 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 quarter last year, the business posted $8.02 EPS. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is currently 8.94%.

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.