Meta Platforms, Inc. $META is Swedbank AB’s 8th Largest Position

Swedbank AB lowered its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,411,382 shares of the social networking company’s stock after selling 71,245 shares during the period. Meta Platforms accounts for approximately 2.2% of Swedbank AB’s portfolio, making the stock its 8th largest holding. Swedbank AB’s holdings in Meta Platforms were worth $2,251,819,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. First National Bank Sioux Falls boosted its position 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 purchasing an additional 14 shares during the period. Levin Capital Strategies L.P. boosted its position 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 purchasing an additional 14 shares during the period. Vista Capital Partners Inc. boosted its position 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 purchasing an additional 14 shares during the period. Arcataur Capital Management LLC boosted its position in shares of Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock worth $1,146,000 after purchasing an additional 15 shares during the period. Finally, Acorn Creek Capital LLC boosted its position in shares of Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after purchasing an additional 15 shares during the period. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Wall Street sentiment remains constructive, with analysts including RBC reiterating an outperform view and setting a higher price target, suggesting investors still see meaningful upside in Meta’s core ad and AI businesses.
• Positive Sentiment: A new study ranked Meta among the top S&P 500 companies adopting AI, reinforcing the market’s view that AI remains a key long-term growth driver for the company.
• Positive Sentiment: Meta also announced broader teen-safety controls and new Instagram features aimed at safer, more age-appropriate feeds, which may help ease concerns around user safety and regulation.
• Neutral Sentiment: Several articles highlighted Meta as a long-term growth or value stock, reflecting continued investor interest but not a clear near-term catalyst.
• Negative Sentiment: Meta is dialing back its plan to collect employee mouse movements, clicks, and keystrokes for AI training after staff pushback, underscoring internal resistance to how aggressively the company is pursuing AI data collection. Exclusive: Meta scales back AI mouse clicks tool, citing employee concerns
• Negative Sentiment: Hackers reportedly tricked Meta’s AI chatbot into helping them access Instagram accounts, raising fresh concerns about product security and trust in Meta’s AI systems. They tricked Meta’s chatbot to hack into Instagram accounts. It’s a warning about how much we trust AI.
• Negative Sentiment: Meta continues to face regulatory and legal pressure over scam ads and child-safety issues, including coordinated European complaints and a proposed group legal action in the UK, which could add compliance costs and reputational risk.

Insider Activity

In other news, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, the chief technology officer directly owned 414 shares in the company, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the sale, the insider owned 1,118 shares in the company, valued at $681,890.56. The trade was a 65.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 40,890 shares of company stock valued at $25,315,558 over the last quarter. Company insiders own 13.53% of the company’s stock.

Meta Platforms Price Performance

Shares of META opened at $597.63 on Wednesday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The firm’s fifty day simple moving average is $617.71 and its 200-day simple moving average is $636.73. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 21.72, a PEG ratio of 1.06 and a beta of 1.23. 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 (NASDAQ:META) last announced its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period last year, the business earned $6.43 EPS. The company’s revenue was up 33.1% on a year-over-year basis. Equities analysts forecast that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is presently 7.63%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on META shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Monday. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Tigress Financial increased their price objective on shares of Meta Platforms from $935.00 to $945.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, March 18th. Guggenheim lowered their price objective on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, Wells Fargo & Company reduced their target price on shares of Meta Platforms from $770.00 to $765.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $840.60.

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.