Artemis Investment Management LLP lowered its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 44.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,440 shares of the social networking company’s stock after selling 91,689 shares during the period. Artemis Investment Management LLP’s holdings in Meta Platforms were worth $74,221,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Valued Wealth Advisors LLC boosted its stake in shares of Meta Platforms by 3.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock worth $334,000 after acquiring an additional 14 shares in the last quarter. First National Bank Sioux Falls boosted its stake in shares of Meta Platforms by 0.7% during the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after acquiring an additional 14 shares in the last quarter. Levin Capital Strategies L.P. boosted its stake in shares of Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. boosted its stake in shares of Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after acquiring an additional 14 shares in the last quarter. Finally, Forza Wealth Management LLC boosted its stake in shares of Meta Platforms by 3.9% during the 3rd quarter. Forza Wealth Management LLC now owns 402 shares of the social networking company’s stock worth $295,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.
Key Stories Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: One bullish analysis argues Meta is attractively priced for a recession scenario, citing 33% year-over-year revenue growth, strong operating margins, and the potential for long-term margin expansion as AI investments drive efficiency. Why Meta Is My Top Pick: Priced For A Recession With Massive Upside
- Positive Sentiment: Meta is testing deeper AI integration in Threads, which could improve engagement and strengthen its product ecosystem over time. Threads tests a Meta AI integration that works similarly to Grok
- Positive Sentiment: Meta offered rival AI chatbots temporary free access to WhatsApp as part of talks with EU antitrust regulators, suggesting the company is actively trying to reduce regulatory friction in Europe. Meta offers rival AI chatbots free access to WhatsApp month
- Neutral Sentiment: Several articles discuss Meta’s role in the broader attention economy and compare its platform model with earlier media strategies, but these are not immediate stock catalysts. Ted Turner built the original infinite scroll
- Negative Sentiment: Santa Clara County filed a lawsuit accusing Meta of profiting from scam ads on Facebook and Instagram, adding to concerns about ad quality, moderation, and legal exposure. California county sues Meta over scam ads
- Negative Sentiment: Meta also lost a court fight in Europe over compensation for Italian publishers, reinforcing ongoing regulatory and content-rights risks. Meta loses court fight over compensation to Italian publishers
- Negative Sentiment: Fresh reports and lawsuits alleging scam ads targeting seniors, along with investigations into Meta’s board oversight and privacy/AI practices, could keep sentiment under pressure if they broaden. Meta Faces Fresh Controversy Over Facebook Scam Ads
Insider Transactions at Meta Platforms
Analysts Set New Price Targets
Several brokerages have recently commented on META. Rosenblatt Securities reissued a “buy” rating and set a $1,015.00 price target on shares of Meta Platforms in a research note on Thursday, April 30th. DA Davidson lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Pivotal Research cut their price objective on Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Jefferies Financial Group lifted their price objective on Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Cantor Fitzgerald cut their price objective on Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $840.31.
Read Our Latest Stock Report on Meta Platforms
Meta Platforms Stock Up 0.7%
Shares of Meta Platforms stock opened at $603.00 on Wednesday. The company has a fifty day moving average price of $624.72 and a 200 day moving average price of $642.58. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The stock has a market cap of $1.53 trillion, a price-to-earnings ratio of 21.92, a price-to-earnings-growth ratio of 1.05 and a beta of 1.25.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm’s revenue was up 33.1% on a year-over-year basis. During the same period in the prior year, the company earned $6.43 EPS. Equities research analysts forecast that Meta Platforms, Inc. will post 29.65 earnings per share for the current fiscal year.
Meta Platforms Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Monday, March 16th were paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s dividend payout ratio is 7.63%.
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.
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