Trivium Point Advisory LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 30.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 14,485 shares of the social networking company’s stock after acquiring an additional 3,383 shares during the period. Trivium Point Advisory LLC’s holdings in Meta Platforms were worth $8,159,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in META. RHL Group LLC acquired a new position in shares of Meta Platforms during the fourth quarter valued at $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth about $29,000. Advantage Trust Co bought a new stake in Meta Platforms in the 2nd quarter valued at about $28,000. Axiom Investment Management LLC bought a new stake in Meta Platforms in the 1st quarter valued at about $36,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in Meta Platforms during the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Meta Platforms Trading Up 6.6%
Shares of NASDAQ:META opened at $653.69 on Thursday. The company has a 50 day moving average of $599.05 and a 200-day moving average of $608.74. The firm has a market cap of $1.67 trillion, a P/E ratio of 24.62, a P/E/G ratio of 1.06 and a beta of 1.25. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta’s Muse agent can perform tasks across Meta and third-party applications, including sending emails, booking travel, shopping and making payments. Free and paid tiers—reportedly priced as high as $100 per month—give investors a potential subscription revenue stream and a clearer path to monetizing AI infrastructure. Meta launches AI agent that can access other apps, send emails and make payments
- Positive Sentiment: Meta said early interest in Muse has exceeded expectations, boosting confidence that the product could achieve broad adoption across Facebook, Instagram and WhatsApp. Analysts remain constructive, with KeyBanc reaffirming an Overweight rating and a $780 price target. Meta says interest in its new AI agent has exceeded expectations
- Positive Sentiment: Market chatter indicates Meta acquired Stilla.ai to advance its Business Agent initiative. If confirmed, the deal could strengthen Meta’s tools for business automation, commerce and customer interactions. Market chatter on Meta’s acquisition of Stilla.ai
- Positive Sentiment: Anthropic reportedly posted a high-paying sales role aimed at Meta, highlighting Meta’s importance as a major AI customer and suggesting continued demand for advanced AI models and infrastructure. The posting was later removed. Anthropic posted and deleted a sales job targeting Meta
- Neutral Sentiment: Meta’s planned data-center expansion and optical-network agreements support its long-term AI ambitions, but the associated capital spending could pressure margins before agent subscriptions and other AI products become profitable. Meta’s AI capital-spending plans
- Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta less than a year after reportedly receiving a billion-dollar compensation package. The departure raises concerns about retaining elite AI talent during an increasingly competitive hiring cycle. Star AI researcher leaves Meta
- Negative Sentiment: Muse’s ability to access sensitive data and act across applications increases privacy, security and regulatory risks. Meta also faces litigation over alleged crypto-scam advertising, while its chief accounting officer sold shares under a pre-arranged Rule 10b5-1 plan.
Insider Activity
In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer directly owned 828 shares in the company, valued at approximately $462,024. The trade was a 90.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the completion of the sale, the chief operating officer directly owned 9,498 shares of the company’s stock, valued at $5,708,013.06. The trade was a 26.06% 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 sold a total of 36,227 shares of company stock worth $21,205,509 in the last quarter. 13.53% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Several research analysts have commented on the stock. Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. Susquehanna reduced their price objective on Meta Platforms from $900.00 to $650.00 and set a “positive” rating for the company in a research report on Thursday, July 30th. Arete Research set a $735.00 price objective on Meta Platforms and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Rosenblatt Securities raised their target price on Meta Platforms from $883.00 to $886.00 and gave the company a “buy” rating in a research report on Thursday, August 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $810.00 target price on shares of Meta Platforms in a research note on Monday, June 1st. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $785.22.
Read Our Latest Stock Report on META
About Meta Platforms
Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.
Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.
The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.
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