Income Insurance Ltd Makes New $4.35 Million Investment in Meta Platforms, Inc. $META

Posted by Stanley Muller on May 20th, 2026

Income Insurance Ltd purchased a new position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 6,592 shares of the social networking company’s stock, valued at approximately $4,351,000. Meta Platforms accounts for 2.8% of Income Insurance Ltd’s portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westchester Capital Management Inc. bought a new position in shares of Meta Platforms during the 3rd quarter worth approximately $26,000. Strategic Wealth Advisors LLC bought a new position in Meta Platforms during the fourth quarter worth $29,000. Key Capital Management INC bought a new position in Meta Platforms during the fourth quarter worth $48,000. Fairway Wealth LLC boosted its stake in Meta Platforms by 36.8% during the fourth quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after acquiring an additional 21 shares in the last quarter. Finally, Merrithew & Thorsten Inc bought a new position in Meta Platforms during the fourth quarter worth $52,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $602.61 on Wednesday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The stock’s 50 day moving average is $620.35 and its 200-day moving average is $637.91. The firm has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 21.91, a PEG ratio of 1.07 and a beta of 1.25.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping 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 company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. During the same period in the prior year, the firm earned $6.43 earnings per share. Meta Platforms’s revenue for the quarter was up 33.1% on a year-over-year basis. Sell-side analysts forecast that Meta Platforms, Inc. will post 29.65 EPS for the current fiscal year.

Meta Platforms News Roundup

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

Negative Sentiment: Meta began laying off about 8,000 employees, or roughly 10% of its workforce, as part of a broader AI-first transformation. The move highlights rising restructuring costs and suggests more cuts could follow later this year. Meta Begins Laying Off 8,000 Employees Amid A.I. Transformation
Negative Sentiment: Reports that Meta is cutting jobs while ramping up AI investment have kept attention on margin pressure and the scale of the company’s AI spending bill, which some investors view as a near-term drag on earnings. Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
Neutral Sentiment: Meta offered rival AI chatbot makers limited free access to WhatsApp in Europe before charging once usage limits are reached. The move could support platform engagement and developer adoption, but the financial impact is still unclear. Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say
Neutral Sentiment: Meta also drew attention for new AI-related product and safety initiatives, including an incognito chat feature for WhatsApp’s AI assistant and new parental supervision tools, but these are not likely to move the stock in the near term. Meta Platforms (META) Launching Incognito Chat for WhatsApp AI Assistant

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on META shares. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research note on Friday, March 27th. Scotiabank increased their target price on shares of Meta Platforms from $685.00 to $700.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 29th. Cantor Fitzgerald cut their target price on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Monness Crespi & Hardt increased their target price on shares of Meta Platforms from $808.00 to $890.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, BMO Capital Markets increased their target price on shares of Meta Platforms from $710.00 to $730.00 and gave the stock a “market perform” rating in a research note on Thursday, January 29th. 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. Based on data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $840.31.

Check Out Our Latest Stock Report on META

Insiders Place Their Bets

In other Meta Platforms news, CTO Andrew Bosworth sold 7,847 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares of the company’s stock, valued at approximately $251,641.62. The trade was a 94.99% 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. 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 the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the sale, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $8,014,978.24. This represents a 41.08% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 171,517 shares of company stock valued at $109,138,067. Corporate insiders own 13.53% of the company’s stock.

About Meta Platforms

(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.