1,593 Shares in Meta Platforms, Inc. $META Bought by Portus Wealth Advisors LLC

Portus Wealth Advisors LLC bought a new position in Meta Platforms, Inc. (NASDAQ:META) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,593 shares of the social networking company’s stock, valued at approximately $1,170,000. Meta Platforms makes up about 1.2% of Portus Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding.

Several other large investors have also recently bought and sold shares of META. Vanguard Group Inc. raised its holdings in Meta Platforms by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock valued at $142,149,566,000 after buying an additional 1,532,568 shares during the last quarter. State Street Corp boosted its position in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares during the period. Geode Capital Management LLC grew its holdings in Meta Platforms by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after acquiring an additional 682,768 shares during the last quarter. Capital World Investors increased its position in Meta Platforms by 0.7% in the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock valued at $28,823,375,000 after acquiring an additional 278,180 shares during the period. Finally, Norges Bank acquired a new position in Meta Platforms in the 2nd quarter valued at approximately $23,155,393,000. 79.91% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 56,571 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Javier Olivan sold 926 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $632.02, for a total value of $585,250.52. Following the transaction, the chief operating officer owned 14,261 shares in the company, valued at $9,013,237.22. The trade was a 6.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 161,965 shares of company stock worth $103,758,552. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Performance

Shares of META opened at $615.68 on Thursday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $1.56 trillion, a P/E ratio of 26.20, a price-to-earnings-growth ratio of 0.96 and a beta of 1.30. The firm’s fifty day simple moving average is $651.20 and its two-hundred day simple moving average is $674.78. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, topping the consensus estimate of $8.16 by $0.72. The firm had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The business’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period last year, the company posted $8.02 EPS. As a group, analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Monday, March 16th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Monday, March 16th. Meta Platforms’s payout ratio is presently 8.94%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wedbush lifted their price target on shares of Meta Platforms from $880.00 to $900.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Truist Financial increased their price objective on Meta Platforms from $875.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Wolfe Research reaffirmed an “outperform” rating and set a $850.00 target price (up from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. Erste Group Bank raised Meta Platforms from a “hold” rating to a “buy” rating in a research note on Thursday, March 5th. Finally, Arete Research reissued a “neutral” rating on shares of Meta Platforms in a research note on Thursday, March 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average target price of $846.63.

More Meta Platforms News

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

• Positive Sentiment: MTIA chip roadmap & Broadcom partnership reaffirmed — Meta publicly detailed four MTIA inference chips and explicitly cited Broadcom as a partner, underlining a clearer path to scale AI inference (supports revenue/engagement from better personalization and GenAI features). Meta MTIA blog
• Positive Sentiment: Large AI infrastructure commitment — Meta’s massive capacity commitments (e.g., the reported $27B deal with Nebius) show the company is locking long-term AI compute capacity, supporting its AI roadmap even if it raises near-term capex. Nebius $27B deal
• Positive Sentiment: Monetization push for creators — Meta launched “Creator Fast Track” (guaranteed monthly payments) and highlighted nearly $3B paid to creators in 2025, which could boost content supply and ad revenue long term. Creator program
• Neutral Sentiment: Retail flagship on Fifth Avenue — Meta converted a Manhattan pop-up into a 10‑year flagship lease to showcase AI glasses and XR hardware; strategically visible but small relative to core business. Fifth Avenue lease
• Neutral Sentiment: Product pivots in VR — Meta set a June 15 deadline to separate Quest and Horizon Worlds (shutting down VR Horizon Worlds), a strategic pivot that reduces some metaverse exposure but may lower ongoing VR costs. Horizon Worlds shutdown
• Negative Sentiment: Rogue AI agent exposed sensitive data — A reported internal AI agent misconfiguration allowed access to company and user data by unauthorized employees, raising operational, security and potential regulatory risk. This kind of incident can trigger investigations and reputational damage. Rogue AI agent
• Negative Sentiment: Regulatory/compliance headlines — A Reuters review found Meta repeatedly failed to block illegal high‑risk financial ads in Britain despite commitments, increasing regulatory scrutiny and potential enforcement risk. Illegal ads in Britain
• Negative Sentiment: Insider selling — Multiple filings show large sales by COO Javier Olivan and a director, which investors often view as a negative signal even when sales have benign explanations. Olivan SEC filing
• Negative Sentiment: Product/timing risk and possible job cuts — Reports of a delayed Avocado AI rollout and rumors of major layoffs raise near-term execution and cost concerns that can pressure sentiment and earnings visibility. Avocado delay

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.