Handelsbanken Fonder AB trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 5.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,122,058 shares of the social networking company’s stock after selling 66,755 shares during the period. Meta Platforms accounts for about 2.2% of Handelsbanken Fonder AB’s holdings, making the stock its 9th largest holding. Handelsbanken Fonder AB’s holdings in Meta Platforms were worth $740,659,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of META. Vanguard Group Inc. lifted its holdings in Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after buying an additional 7,269,279 shares during the last quarter. State Street Corp lifted its holdings in Meta Platforms by 1.9% during the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Danske Bank A S purchased a new stake in Meta Platforms during the 3rd quarter worth about $1,191,175,000. PFA Pension Forsikringsaktieselskab purchased a new stake in Meta Platforms during the 4th quarter worth about $813,994,000. Finally, Concentrum Wealth Management lifted its holdings in shares of Meta Platforms by 948.7% in the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock valued at $913,000 after purchasing an additional 1,124,998 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.
Meta Platforms Stock Up 0.0%
META opened at $635.29 on Friday. The business has a 50 day moving average price of $617.50 and a two-hundred day moving average price of $636.91. 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 company has a market cap of $1.61 trillion, a PE ratio of 23.09, a P/E/G ratio of 1.13 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 Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 7.63%.
Meta Platforms News Summary
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched paid subscription plans for Facebook, Instagram, WhatsApp, and Meta AI, creating a new monetization path beyond advertising. Early reports suggest the pricing could meaningfully add to revenue over time, and analysts have highlighted upside if adoption builds. Article Title
- Positive Sentiment: Meta also announced a quarterly cash dividend, which may appeal to income-focused investors and signals confidence in the company’s cash generation. Article Title
- Positive Sentiment: Analyst commentary remained constructive, with Rosenblatt reaffirming a buy rating and raising its price target, reflecting optimism around Meta’s ad business, AI efforts, and new subscription revenue. Article Title
- Neutral Sentiment: Meta committed additional funding to its Oversight Board through 2028, which supports governance stability but is unlikely to move the stock much on its own. Article Title
- Neutral Sentiment: COO Javier Olivan sold shares under a pre-arranged trading plan, which is routine insider activity and not necessarily a bearish signal.
- Negative Sentiment: Meta faces continued legal and reputational overhangs, including a Kentucky trial seeking a large penalty and a Supreme Court setback in the Vermont Instagram addiction case. Article Title
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, CTO Andrew Bosworth sold 7,847 shares of the company’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 $251,641.62. This represents a 94.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 company’s stock in a transaction that occurred on Monday, May 18th. The shares were 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 approximately $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. Insiders sold a total of 40,366 shares of company stock valued at $25,038,396 in the last ninety days. Insiders own 13.53% of the company’s stock.
Analysts Set New Price Targets
META has been the subject of several research reports. Canaccord Genuity Group boosted their target price on Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft boosted their target price on Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Erste Group Bank downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Wedbush boosted their target price on Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Finally, Tigress Financial boosted their target price on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. 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 stock. According to data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and an average price target of $840.19.
Read Our Latest Report on Meta Platforms
Meta Platforms Profile
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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