833 Meta Platforms, Inc. $META Shares Sold by MMA Asset Management LLC

MMA Asset Management LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 48.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 896 shares of the social networking company’s stock after selling 833 shares during the quarter. MMA Asset Management LLC’s holdings in Meta Platforms were worth $650,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Corient Private Wealth LP boosted its holdings in shares of Meta Platforms by 723.1% during the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company’s stock worth $4,957,946,000 after purchasing an additional 7,732,446 shares during the period. Jupiter Topco LLC purchased a new position in shares of Meta Platforms during the second quarter valued at approximately $2,948,486,000. State Street Corp raised its holdings in shares of Meta Platforms by 4.0% during the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after acquiring an additional 3,510,123 shares in the last quarter. Bank of America Corp DE lifted its stake in Meta Platforms by 14.6% in the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after acquiring an additional 2,673,494 shares during the period. Finally, Amundi boosted its holdings in Meta Platforms by 18.1% in the first quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock valued at $6,784,873,000 after acquiring an additional 1,815,017 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on META shares. Susquehanna raised their target price on shares of Meta Platforms from $650.00 to $850.00 and gave the stock a “positive” rating in a research report on Thursday, October 22nd. Rothschild & Co Redburn increased their target price on Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Jefferies Financial Group boosted their target price on shares of Meta Platforms from $710.00 to $875.00 and gave the company a “buy” rating in a report on Tuesday, September 22nd. Finally, Yorkville Ives assumed coverage on shares of Meta Platforms in a research note on Tuesday, October 6th. They issued an “outperform” rating and a $900.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $833.12.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $641.39 on Wednesday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The business has a 50-day simple moving average of $677.61 and a two-hundred day simple moving average of $632.27. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.90 and a current ratio of 1.90. The firm has a market cap of $1.64 trillion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 1.11 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. The firm had revenue of $64.60 billion for the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The business’s quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the firm posted $7.25 EPS. On average, analysts expect that Meta Platforms, Inc. will post 29.01 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were given a dividend of $0.5250 per share. The ex-dividend date was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is 7.16%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 946 shares of Meta Platforms stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $614.15, for a total value of $580,985.90. Following the completion of the sale, the chief operating officer owned 4,094 shares of the company’s stock, valued at approximately $2,514,330.10. The trade was a 18.77% decrease in their position. The transaction 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. Insiders have sold a total of 149,398 shares of company stock valued at $102,134,435 in the last 90 days. Company insiders own 13.42% of the company’s stock.

More Meta Platforms News

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

• Positive Sentiment: Meta’s Muse AI assistant is expanding to Apple Watch and Android Wear OS, giving users another way to access its AI services and potentially broadening adoption. Article: Meta’s AI agent Muse lands on Apple Watch and Android Wear OS
• Positive Sentiment: JPMorgan named Meta one of its preferred internet stocks, citing AI-driven advertising and future monetization opportunities. The endorsement may help investor confidence after recent pressure on the shares. Article: JPMorgan Just Added Meta Platforms to Its Analyst Focus List
• Positive Sentiment: ETF purchases exceeded sales on Friday, with 63 funds buying Meta shares and a reported net inflow of $211.9 million—an indication of institutional demand. Article: ETFs Bought $211.9 Million of Meta Platforms
• Neutral Sentiment: Short-interest figures conflict: one report says short positions rose 165.6% to 75.5 million shares as of October 30, while a later entry reports zero shares as of November 10. The inconsistency makes the latest data unreliable as a directional signal.
• Negative Sentiment: Investors continue to weigh the cost and payoff of Meta’s AI investment. Recent coverage cites negative free cash flow and a large legal charge that weighed on reported earnings, despite strong advertising growth. Article: Meta Platforms Stock: Is it a Steal of a Deal at $650?
• Negative Sentiment: Meta is expanding AI-based age checks for Instagram teens as lawsuits over harm to young users continue. The move may address safety concerns, but the litigation and regulatory exposure remain risks. Article: Meta expands Instagram’s AI age-guessing tech globally

About Meta Platforms

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.