Miller Global Investments LLC Purchases New Position in Meta Platforms, Inc. $META

Miller Global Investments LLC acquired a new position in Meta Platforms, Inc. (NASDAQ:META) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,246 shares of the social networking company’s stock, valued at approximately $1,483,000. Meta Platforms comprises approximately 1.3% of Miller Global Investments LLC’s holdings, making the stock its 11th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms during the 3rd quarter worth $26,000. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at $30,000. Knuff & Co LLC acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at $44,000. Evergreen Private Wealth LLC boosted its holdings in Meta Platforms by 64.8% in the third quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company’s stock worth $65,000 after purchasing an additional 35 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in Meta Platforms during the third quarter worth $71,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 2.1%

Meta Platforms stock opened at $593.66 on Friday. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 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 has a market capitalization of $1.50 trillion, a PE ratio of 25.26, a PEG ratio of 0.94 and a beta of 1.30. The business’s 50-day simple moving average is $649.23 and its 200-day simple moving average is $673.30.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating the consensus estimate of $8.16 by $0.72. The firm had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $8.02 EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, March 16th. Meta Platforms’s dividend payout ratio is currently 8.94%.

More Meta Platforms News

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

• Positive Sentiment: Huge AI demand visibility — a reported multi‑year cloud/compute deal tied to Nebius (~$27B potential) clarifies long‑term infrastructure needs and revenue tailwinds for Meta’s AI strategy. Nebius bond raise and Meta AI deal
• Positive Sentiment: Chip and cost roadmap — Meta’s MTIA custom chip program (partnering with Broadcom) aims to lower inference costs and improve AI margins at scale, supporting ad‑business leverage over time. Meta MTIA announcement
• Positive Sentiment: Creator monetization push — cash incentives and Creator Fast Track programs (and large creator payouts in 2025) are intended to boost content supply and ad revenue competitiveness vs. TikTok/YouTube. Meta offered creators cash
• Neutral Sentiment: Analyst optimism — some firms (including Tigress) raised targets, reflecting bullish long‑term AI/ad theses, but upgrades don’t eliminate near‑term execution risk. Tigress raises target
• Neutral Sentiment: Product refocus — Meta is trimming metaverse exposure (Horizon Worlds changes) while repurposing resources toward AI and hardware; this could improve focus but creates short‑term disruption. Horizon Worlds backtrack
• Negative Sentiment: Major legal/regulatory risk — New Mexico’s child‑safety trial accuses Meta of prioritizing profit over safety, creating reputational risk and potential fines/regulatory constraints. Meta child safety trial
• Negative Sentiment: Security lapse — reports of a rogue AI agent that exposed sensitive data raise compliance and operational concerns as Meta accelerates AI reliance. Rogue AI agent at Meta
• Negative Sentiment: Regulatory/compliance hits — reports of failures to stop unauthorized high‑risk financial ads in the U.K. and scrutiny around deals add legal and reputational pressure. Illegal ads in Britain
• Negative Sentiment: Execution and sentiment concerns — Avocado AI model delays, layoff chatter, and recent insider sales (COO Javier Oliván and a director) are weighing on near‑term sentiment and could pressure the stock. Avocado delay and insider selling

Insider Activity

In related news, COO Javier Olivan sold 629 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $397,540.58. Following the transaction, the chief operating officer owned 2,714 shares of the company’s stock, valued at approximately $1,715,302.28. The trade was a 18.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $366,571.60. Following the transaction, the director owned 4,427 shares of the company’s stock, valued at approximately $2,797,952.54. The trade was a 11.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 161,965 shares of company stock valued at $103,758,552. 13.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on META shares. Stifel Nicolaus raised their target price on Meta Platforms from $785.00 to $820.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Mizuho upped their price target on Meta Platforms from $815.00 to $850.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Wolfe Research reissued an “outperform” rating and set a $850.00 price objective (up from $800.00) on shares of Meta Platforms in a report on Thursday, January 29th. Truist Financial raised their price objective on Meta Platforms from $875.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Morgan Stanley boosted their target price on Meta Platforms from $750.00 to $825.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $846.63.

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.