Crestwood Advisors Group LLC decreased its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 23.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 146,279 shares of the social networking company’s stock after selling 44,309 shares during the quarter. Meta Platforms makes up 1.6% of Crestwood Advisors Group LLC’s portfolio, making the stock its 13th biggest position. Crestwood Advisors Group LLC’s holdings in Meta Platforms were worth $96,558,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in META. Westchester Capital Management Inc. bought a new position in Meta Platforms in the third quarter worth $26,000. Key Capital Management INC bought a new position in Meta Platforms in the fourth quarter worth $48,000. Fairway Wealth LLC raised its holdings in Meta Platforms by 36.8% in the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after purchasing an additional 21 shares in the last quarter. Dorato Capital Management bought a new position in Meta Platforms in the fourth quarter worth $62,000. Finally, PMV Capital Advisers LLC raised its holdings in Meta Platforms by 26.3% in the fourth quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the company. DA Davidson increased their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $725.00 price objective (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Rosenblatt Securities restated a “buy” rating and set a $1,015.00 price target on shares of Meta Platforms in a report on Thursday, April 30th. Robert W. Baird raised their price target on Meta Platforms from $815.00 to $830.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Finally, Truist Financial reduced their price target on Meta Platforms from $900.00 to $840.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $840.31.
Meta Platforms Stock Performance
Meta Platforms stock opened at $614.23 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The stock has a market capitalization of $1.55 trillion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The business’s fifty day moving average is $622.18 and its 200 day moving average is $639.94.
Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. During the same period last year, the firm posted $6.43 earnings per share. Meta Platforms’s revenue was up 33.1% compared to the same quarter last year. On average, sell-side analysts predict that Meta Platforms, Inc. will post 29.65 EPS for the current year.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Bill Ackman’s Pershing Square continues to hold Meta alongside other megacap AI leaders, reinforcing the view that META remains a core long-term AI and digital ads name. Microsoft, Meta, Amazon and Google. Is Ackman’s Hedge Fund Just a Mag 7 Play?
- Positive Sentiment: Analysts and market commentary continue to point out that Meta’s latest earnings beat was strong, with faster revenue growth and better-than-expected EPS, which supports the bull case despite recent volatility. Meta Platforms Stock Performance
- Neutral Sentiment: Meta is getting attention as one of the most-watched stocks on Zacks, suggesting investors are closely focused on what comes next for AI spending, ad growth, and margins. Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Meta is still a key part of the AI trade, but commentary about an AI bubble and crowded megacap positioning is keeping sentiment cautious around the stock. UBS warns AI stocks are overheating as growth expectations collide with history
- Negative Sentiment: Meta’s CFO said 2026 capital expenditures are expected to keep rising, intensifying concerns that heavy AI infrastructure spending could weigh on free cash flow and near-term profitability. Money Pit? Zuckerberg Just Exposed Why Hyperscaler AI Spending Keeps Going Up
- Negative Sentiment: Meta is facing fresh legal and regulatory pressure, including a New Mexico youth-safety trial, an Italian lawsuit over minors’ social media use, and a California suit tied to AI scam ads and advertising practices. Meta and Google fund US kids’ groups, as critics warn of social media risk
- Negative Sentiment: Some fund managers trimmed META holdings, which may add to near-term caution even though other investors increased exposure. ARK Investment’s Cathie Wood Cuts Meta Platforms Stake Sharply
Insider Buying and Selling at Meta Platforms
In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director directly owned 3,847 shares of the company’s stock, valued at $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $604.57, for a total value of $559,831.82. Following the sale, the chief operating officer directly owned 6,853 shares in the company, valued at $4,143,118.21. This trade represents a 11.90% decrease in their ownership of the stock. 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 have sold 160,352 shares of company stock worth $102,559,436 over the last ninety days. 13.53% of the stock is currently owned by insiders.
About Meta Platforms
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.
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