Rep. Julia Letlow Purchases Shares of Meta Platforms, Inc. (NASDAQ:META)

Representative Julia Letlow (Republican-Louisiana) recently bought shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Meta Platforms stock on February 12th. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Meta Platforms Trading Up 0.6%

NASDAQ META traded up $3.85 during trading on Wednesday, hitting $596.77. 7,452,051 shares of the company’s stock traded hands, compared to its average volume of 14,829,154. The stock has a fifty day moving average of $647.70 and a two-hundred day moving average of $670.27. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market cap of $1.51 trillion, a P/E ratio of 25.46, a PEG ratio of 0.93 and a beta of 1.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. The firm had revenue of $59.89 billion for 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 company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $8.02 earnings per share. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have commented on META shares. UBS Group reaffirmed a “buy” rating and issued a $872.00 price target (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Barclays restated an “overweight” rating and issued a $800.00 target price (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Arete Research reaffirmed a “neutral” rating on shares of Meta Platforms in a research note on Thursday, March 5th. Canaccord Genuity Group upped their price target on shares of Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research report on Monday, December 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $846.63.

Insider Activity

In related news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $585,250.52. Following the completion of the sale, the chief operating officer owned 14,261 shares of the company’s stock, valued at $9,013,237.22. This trade represents a 6.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $632.02, for a total value of $366,571.60. Following the completion of the transaction, the director directly owned 4,427 shares of the company’s stock, valued at approximately $2,797,952.54. This trade represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 160,929 shares of company stock worth $103,074,540. Corporate insiders own 13.61% of the company’s stock.

More Meta Platforms News

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

• Positive Sentiment: Stripe partnership speeds Facebook/Instagram checkout, improving commerce monetization potential and near‑term revenue mix. Facebook Shopping Just Got Faster as Stripe Powers Instant Checkout With META
• Positive Sentiment: Meta launches “Meta Small Business” and pushes AI across shopping and workplace tools — signals of higher ad/commerce monetization and productivity gains from AI adoption. Meta launches new initiative to support entrepreneurship, drive AI adoption
• Positive Sentiment: Arm’s new AGI CPU names Meta as launch customer, indicating Meta is securing specialized AI infrastructure which could lower future AI costs and improve model performance. Arm launches first own-brand chip with Meta as launch customer
• Neutral Sentiment: Meta recruited Dreamer’s AI team and is centralizing AI leadership (CTO leading “AI for Work”) — strengthens AI bench but will require continued heavy investment. Meta Recruits Dreamer Team to Scale Personalized AI Agents
• Neutral Sentiment: Company granted performance‑tied stock awards/options to senior leaders to retain talent and speed AI progress — could improve execution but raises governance and long‑term compensation questions. Meta grants senior executives stock awards to retain talent
• Negative Sentiment: New Mexico jury ordered Meta to pay $375M over child‑safety violations — immediate cash penalty and reputational/regulatory risks that could spur further litigation and oversight. Meta Ordered to Pay $375 Million Over Child Safety Violations
• Negative Sentiment: A Los Angeles jury reached a verdict in a high‑profile social‑media addiction trial involving Instagram (and Google’s YouTube) — another legal outcome that heightens liability and regulatory scrutiny. Jury reaches verdict in Meta, Google trial on social media addiction
• Negative Sentiment: Meta to cut several hundred roles across Reality Labs, Facebook and recruiting — cost savings could help margins, but layoffs signal near‑term disruption and slower product initiatives. Meta to lay off hundreds of employees, The Information reports
• Negative Sentiment: China has restricted Manus co‑founders from leaving as regulators review Meta’s $2B Manus deal — potential obstruction to integration and technology access in a key AI acquisition. China bars Manus co-founders from leaving country as it reviews sale to Meta, FT reports

Hedge Funds Weigh In On Meta Platforms

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after acquiring an additional 7,269,279 shares in the last quarter. Auto Owners Insurance Co grew its stake in Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after purchasing an additional 105,154,977 shares during the period. State Street Corp grew its stake in Meta Platforms by 5.1% in the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares during the period. Geode Capital Management LLC raised its holdings in Meta Platforms by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock worth $34,734,628,000 after purchasing an additional 878,396 shares in the last quarter. Finally, Capital World Investors raised its holdings in Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock worth $26,112,735,000 after purchasing an additional 310,947 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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.