Prime Capital Investment Advisors LLC decreased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 4.6% during the third quarter, HoldingsChannel.com reports. The fund owned 80,067 shares of the social networking company’s stock after selling 3,897 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Meta Platforms were worth $58,063,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Advantage Trust Co bought a new stake in Meta Platforms in the second quarter worth $28,000. Philadelphia Investment Partners LLC purchased a new stake in Meta Platforms during the second quarter valued at $32,000. Horizons Wealth Management purchased a new stake in Meta Platforms during the third quarter valued at $33,000. Axiom Investment Management LLC purchased a new stake in Meta Platforms during the first quarter valued at $36,000. Finally, Schuylkill Financial LLC bought a new position in Meta Platforms during the second quarter valued at $36,000. 79.91% of the stock is owned by hedge funds and other institutional investors.
Meta Platforms Stock Down 1.0%
NASDAQ META opened at $642.62 on Friday. The company has a quick ratio of 2.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The firm has a market capitalization of $1.64 trillion, a price-to-earnings ratio of 21.91, a PEG ratio of 1.16 and a beta of 1.19. The company has a fifty day moving average of $664.40 and a two-hundred day moving average of $629.72.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, October 21st. The social networking company reported $7.40 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.86. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The business had revenue of $64.60 billion for the quarter, compared to the consensus estimate of $63.34 billion. During the same quarter in the prior year, the firm posted $7.25 earnings per share. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. On average, analysts predict that Meta Platforms, Inc. will post 28.01 earnings per share for the current year.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s payout ratio is currently 7.91%.
Trending Headlines about Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Strong Q3 operating performance: Meta reported $64.6 billion in revenue, up 26% year over year, and adjusted earnings of $7.40 per share versus expectations of roughly $6.54. AI-driven recommendations and advertising tools are improving engagement, ad pricing and conversions. META Q3 Earnings Beat Estimates
- Positive Sentiment: Muse adoption supports the AI thesis: Meta’s Muse AI agent has surpassed 10 million downloads, strengthening the case that the company could eventually monetize AI through subscriptions, enterprise services and additional advertising. However, meaningful revenue contribution is expected later, potentially from 2027 onward. Meta Muse Adoption
- Positive Sentiment: Analysts remain broadly constructive: UBS, Citigroup, Mizuho, JPMorgan, Bank of America and other firms raised or reaffirmed bullish ratings and price targets, citing resilient advertising growth and long-term AI potential. Some investors, including commentator Mike Khouw, view the selloff as a buying opportunity. Why Mike Khouw Is Buying Meta
- Neutral Sentiment: New Class C shares and a 2-for-1 split: Meta plans to issue one non-voting Class C share for each Class A and Class B share. The move should improve trading liquidity and give Mark Zuckerberg greater flexibility to sell shares or finance AI investment without surrendering voting control, but it does not by itself create economic value for shareholders. Meta’s New Non-Voting Shares
- Neutral Sentiment: Commercial terms delayed: Meta postponed controversial terms that publishers and advertisers said could authorize broader web scraping, moving implementation to November 20 from October 30. The delay may reduce near-term friction, though the underlying regulatory and customer concerns remain. Meta Delays Commercial Terms
- Negative Sentiment: AI spending is the main pressure: Meta lifted the lower end of its 2026 capital-expenditure forecast to $135 billion, with spending potentially reaching $145 billion. Free cash flow turned negative as infrastructure investment accelerated, while credit-default-swap costs reached records. Investors are questioning when Muse and other AI projects will generate returns. Meta AI Spending and Free Cash Flow
- Negative Sentiment: Legal and regulatory risks remain significant: Meta faces a $25 billion New Mexico privacy judgment, additional lawsuits alleging harm to children and scam advertising, and rising legal costs. The company plans to appeal the New Mexico ruling, but the liabilities add uncertainty and pressure margins. Meta New Mexico Privacy Judgment
Insider Activity at Meta Platforms
In related news, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer directly owned 6,271 shares in the company, valued at approximately $3,875,854.26. This represents a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 40,000 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the sale, the insider directly owned 184,516 shares in the company, valued at $131,515,624.16. This trade represents a 17.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 149,906 shares of company stock worth $102,347,409 in the last three months. 13.53% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of brokerages have commented on META. Benchmark reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Roth Capital reduced their target price on shares of Meta Platforms from $820.00 to $750.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. President Capital upgraded shares of Meta Platforms from a “neutral” rating to a “buy” rating and upped their target price for the company from $660.00 to $897.00 in a research report on Thursday, September 24th. Piper Sandler lowered their price target on shares of Meta Platforms from $875.00 to $850.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Raymond James Financial lifted their price target on Meta Platforms from $650.00 to $860.00 and gave the stock a “strong-buy” rating in a research report on Thursday, September 24th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus price target of $833.12.
Get Our Latest Report on Meta Platforms
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’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.
Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.
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