Meta Platforms, Inc. $META Shares Acquired by Nixon Peabody Trust Co.

Posted by Stanley Muller on Jul 10th, 2026

Nixon Peabody Trust Co. increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 11.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,385 shares of the social networking company’s stock after purchasing an additional 3,264 shares during the quarter. Meta Platforms makes up approximately 1.4% of Nixon Peabody Trust Co.’s portfolio, making the stock its 17th biggest position. Nixon Peabody Trust Co.’s holdings in Meta Platforms were worth $17,956,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RHL Group LLC purchased a new stake in shares of Meta Platforms during the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC purchased a new position in shares of Meta Platforms in the 4th quarter valued at $29,000. Safe Harbor Fiduciary LLC acquired a new stake in Meta Platforms during the 4th quarter worth $42,000. Bayban raised its stake in Meta Platforms by 100.0% during the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after acquiring an additional 35 shares in the last quarter. Finally, Key Capital Management INC purchased a new stake in Meta Platforms in the fourth quarter valued at $48,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

Shares of META stock opened at $631.48 on Friday. The stock’s 50-day moving average price is $598.10 and its 200 day moving average price is $626.80. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.60 trillion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.06 and a beta of 1.25. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same quarter in the previous year, the company posted $6.43 earnings per share. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 7.63%.

Key Stories Impacting Meta Platforms

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

Positive Sentiment: Meta launched Muse Spark 1.1, an upgraded multimodal AI model with agentic coding features and public developer access, signaling a more serious push into enterprise AI and paid API usage. Meta enters the crowded AI coding battle with Muse Spark 1.1
Positive Sentiment: Reports that Meta plans to start manufacturing its own AI chip in September point to a potential reduction in GPU costs and better control over future AI infrastructure spending. Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Positive Sentiment: Meta’s expanding AI infrastructure buildout, including a new large data center in Canada and a reported 250MW energy supply agreement, supports the view that the company is preparing for much larger AI demand. Meta plans billions for first AI data center in Canada, largest outside the US
Positive Sentiment: Analyst commentary and bullish articles argue Meta’s heavy AI spending could eventually translate into higher margins, compute monetization, and stronger ad products, helping justify the stock’s valuation. Alphabet vs. Meta: Which AI Stock Is the Better Buy Right Now?
Neutral Sentiment: Some coverage notes Meta’s valuation, aggressive capex, and competition from OpenAI, Anthropic, and Google, which keeps investor expectations balanced even as AI momentum improves. META’s $9B AI Infrastructure Bet, Cloud Ambitions: Is the Stock a Buy?
Negative Sentiment: There are still concerns that Meta is spending heavily on AI before proving enough near-term returns, and one report said the stock had dipped earlier as capex worries resurfaced. Meta Stock Dips as AI Capex Concerns Arise

Analysts Set New Price Targets

Several equities analysts have issued reports on META shares. Wedbush upgraded shares of Meta Platforms from an “outperform” rating to a “neutral” rating in a research note on Tuesday, June 2nd. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research report on Thursday, April 30th. Mizuho dropped their price target on Meta Platforms from $850.00 to $835.00 and set an “outperform” rating on the stock in a research note on Tuesday, May 5th. Finally, Piper Sandler began coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “overweight” rating on the stock. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $840.64.

Check Out Our Latest Stock Report on Meta Platforms

Insider Activity

In other news, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, the chief technology officer owned 414 shares in the company, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $8,014,978.24. The trade was a 41.08% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 44,748 shares of company stock worth $27,565,292 in the last 90 days. Corporate insiders own 13.53% of the company’s stock.

Meta Platforms Company Profile

(Free Report)

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.