State of Alaska Department of Revenue Cuts Position in Meta Platforms, Inc. $META

State of Alaska Department of Revenue trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 4.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 279,673 shares of the social networking company’s stock after selling 11,720 shares during the period. Meta Platforms makes up 2.0% of State of Alaska Department of Revenue’s investment portfolio, making the stock its 8th largest holding. State of Alaska Department of Revenue’s holdings in Meta Platforms were worth $184,609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of META. State Street Corp boosted its holdings in shares of 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 in the last quarter. Danske Bank A S bought a new position in shares of Meta Platforms during the 3rd quarter worth approximately $1,191,175,000. Concentrum Wealth Management boosted its holdings in shares of Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock worth $913,000 after buying an additional 1,124,998 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Meta Platforms by 209.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock worth $314,340,000 after buying an additional 824,276 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Meta Platforms during the 3rd quarter worth approximately $540,634,000. 79.91% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Susan J. Li sold 56,571 shares of the firm’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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Andrew Bosworth sold 8,089 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total value of $5,106,100.36. Following the completion of the transaction, the chief technology officer owned 2,841 shares in the company, valued at $1,793,352.84. This represents a 74.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 164,562 shares of company stock worth $105,310,238 over the last 90 days. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Trading Down 0.3%

Shares of Meta Platforms stock opened at $668.84 on Wednesday. Meta Platforms, Inc. has a 52 week low of $486.36 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 stock has a 50 day moving average price of $627.32 and a two-hundred day moving average price of $650.10. The stock has a market capitalization of $1.69 trillion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 1.09 and a beta of 1.31.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same quarter last year, the company earned $8.02 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 29.83 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 issued 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 (DPR) is currently 8.94%.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: UBS raised its price target on META to $908, citing stronger GenAI-driven ad revenue potential and reaffirming a bullish view on the stock. UBS Hikes Meta Platforms’ Target From $872 to $908
• Positive Sentiment: Citizens JMP reaffirmed a “market outperform” rating with a ~$900 target, another analyst endorsement supporting upside expectations. Citizens Jmp rating reaffirmation
• Positive Sentiment: Broadcom extended its AI partnership with Meta through 2029, signaling longer-term infrastructure support and reduced single-vendor risk for Meta’s AI buildout. Broadcom & Meta Extend AI Pact Into 2029
• Positive Sentiment: Meta broke ground on a >$1B data center in Tulsa and reserved up to 1 GW / 100 GWh of long-duration energy storage with Noon Energy — both moves underline heavy capex toward AI compute and resilience. Meta breaks ground on over $1 billion data center in Oklahoma’s Tulsa Noon Energy and Meta energy storage agreement
• Neutral Sentiment: Analysts and previews point to a high‑expectation Q1 print (guidance implies ~30%+ revenue growth); earnings on Apr 29 and guidance will be market catalysts but results are not yet known. Meta Q1 Earnings Preview
• Neutral Sentiment: Bank of America trimmed its price target to $820 but kept a Buy rating — a mixed signal: still constructive but slightly less aggressive than other shops. BofA trims Meta Platforms price target
• Neutral Sentiment: Insider activity: a Meta director sold about $387k of stock — a small single sale that warrants noting but is not a major red flag by itself. Director stock sale
• Negative Sentiment: A consumer‑advocacy group filed a class-action complaint alleging Meta profited from scam ads and misled users about enforcement — renewed legal and regulatory risk that can pressure multiples and lead to costs. Consumer watchdog group files suit alleging Meta profited on ads for scams
• Negative Sentiment: Separate press coverage (Wired) underscores lawsuits over scam ads on Facebook/Instagram, amplifying reputational and litigation concerns. Meta Is Sued Over Scam Ads
• Negative Sentiment: Reports that Meta will track employee keystrokes to train AI and preparations for layoffs (reported May 20 planning) raise privacy and morale risks that could attract negative attention and regulatory scrutiny. Meta to track employee keystrokes to train AI Meta Prepares for “May 20” Layoffs

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on META shares. TD Cowen reissued a “buy” rating and issued a $820.00 price objective on shares of Meta Platforms in a research note on Thursday, April 16th. JPMorgan Chase & Co. raised their price objective on Meta Platforms from $800.00 to $825.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. UBS Group raised their price objective on Meta Platforms from $872.00 to $908.00 and gave the company a “buy” rating in a research note on Tuesday. Bank of America reduced their price objective on Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a research note on Monday. Finally, Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $837.09.

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.