1,084 Meta Platforms, Inc. $META Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. reduced its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 70.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 458 shares of the social networking company’s stock after selling 1,084 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Meta Platforms were worth $332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Auto Owners Insurance Co boosted its holdings in Meta Platforms by 76,587.7% during 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 last quarter. Corient Private Wealth LP grew its position in Meta Platforms by 723.1% in the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock valued at $4,957,946,000 after purchasing an additional 7,732,446 shares in the last quarter. Jupiter Topco LLC bought a new position in Meta Platforms in the second quarter valued at $2,948,486,000. Corient Private Wealth LLC increased its stake in Meta Platforms by 488.1% in the 4th quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock valued at $3,608,445,000 after buying an additional 4,537,076 shares during the last quarter. Finally, State Street Corp increased its stake in Meta Platforms by 4.0% in the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after buying an additional 3,510,123 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, CAO Aaron Anderson sold 3,240 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the completion of the sale, the chief accounting officer directly owned 6,271 shares in the company, valued at approximately $3,875,854.26. This trade represents a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer owned 13,186 shares of the company’s stock, valued at $7,260,343.46. The trade was a 41.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 149,797 shares of company stock worth $102,180,385 over the last ninety days. Company insiders own 13.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on META shares. Royal Bank Of Canada reissued an “outperform” rating and set a $770.00 price target on shares of Meta Platforms in a research report on Thursday, September 24th. BNP Paribas Exane decreased their price objective on Meta Platforms from $955.00 to $855.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Mizuho set a $750.00 price objective on Meta Platforms and gave the company an “outperform” rating in a report on Thursday, July 30th. Benchmark reaffirmed a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $886.00 target price on shares of Meta Platforms in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $801.53.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta’s new Muse Wonder and Muse Wonder Full AI models are strengthening its competitive position. Muse Wonder ranked second in a 57-model accounting benchmark, ahead of OpenAI and Google models, supporting the view that Meta is narrowing the gap with leading AI developers. Muse Wonder benchmark article
• Positive Sentiment: Bank of America reiterated its Buy rating and $810 price target, while Guggenheim raised its target to $850 and Truist maintained a bullish $1,000 target. Analysts cited Meta’s large user base, AI distribution and potential future revenue from personal AI agents. Bank of America AI outlook
• Positive Sentiment: Meta expanded WhatsApp with free guest voice and video calling for non-account holders, potentially improving adoption and business utility by removing registration and download barriers. WhatsApp guest calling article
• Neutral Sentiment: Wall Street remains broadly constructive but divided. KeyCorp and Rosenblatt reaffirmed bullish ratings with targets of $900 and $886, respectively, while Goldman Sachs cut its target from $860 to $762 but retained a Buy rating. The differing views reflect uncertainty over AI monetization and investment requirements.
• Negative Sentiment: Goldman Sachs cited rising operating expenses, while other commentary warned that accelerated Meta Superintelligence Labs investment could pressure free cash flow and lead to valuation compression around the upcoming third-quarter earnings report.
• Negative Sentiment: COO Javier Olivan disclosed sales totaling 1,575 shares at an average $728.10. Both transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their signaling value, but the sales still represent a notable reduction in his direct holdings.

Meta Platforms Price Performance

Shares of META opened at $737.54 on Thursday. The company has a market cap of $1.88 trillion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.33 and a beta of 1.19. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The company’s fifty day simple moving average is $650.50 and its 200 day simple moving average is $623.78. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business’s revenue was up 28.0% compared to the same quarter last year. During the same period last year, the company posted $7.14 earnings per share. On average, research analysts forecast that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Monday, September 21st were paid a dividend of $0.5250 per share. The ex-dividend date was Monday, September 21st. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.91%.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.