Neville Rodie & Shaw Inc. cut its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 28.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 17,632 shares of the social networking company’s stock after selling 6,892 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Meta Platforms were worth $12,786,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of META. Auto Owners Insurance Co grew its position in shares of Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after purchasing an additional 105,154,977 shares in the last quarter. Norges Bank bought a new position in Meta Platforms in the 4th quarter worth about $22,152,075,000. Corient Private Wealth LP boosted its stake in Meta Platforms by 723.1% in the 2nd 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 Meta Platforms during the 2nd quarter valued at about $2,948,486,000. Finally, Corient Private Wealth LLC increased its position in shares of Meta Platforms by 488.1% during the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock valued at $3,608,445,000 after buying an additional 4,537,076 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.
Meta Platforms Trading Up 2.1%
META stock traded up $15.65 during trading on Monday, hitting $743.73. 7,811,805 shares of the company traded hands, compared to its average volume of 17,492,621. The company has a 50-day moving average of $625.52 and a 200-day moving average of $615.98. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $779.82. The firm has a market capitalization of $1.89 trillion, a PE ratio of 28.01, a P/E/G ratio of 1.27 and a beta of 1.19.
Meta Platforms Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is presently 7.91%.
Wall Street Analyst Weigh In
A number of research firms have recently commented on META. DA Davidson cut their price objective on shares of Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Rosenblatt Securities reaffirmed a “buy” rating and set a $886.00 target price on shares of Meta Platforms in a report on Wednesday, September 16th. China Renaissance lowered their target price on shares of Meta Platforms from $825.00 to $700.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. DZ Bank reissued a “buy” rating on shares of Meta Platforms in a report on Thursday, July 30th. Finally, Moffett Nathanson reduced their price target on shares of Meta Platforms from $800.00 to $740.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-four have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $787.86.
View Our Latest Stock Report on Meta Platforms
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta’s advertising business delivered its strongest monthly stock performance in three years. Analysts see additional upside if ad growth, pricing and AI-driven monetization continue to support a higher 2027 valuation. Meta Stock Could Have Another Big Run Ahead
- Positive Sentiment: A bullish analysis awarded Meta a Buy rating, arguing that its large user base and advertising cash flow can fund AI investments. Revenue growth of 28% year over year has outpaced user growth, indicating better monetization through higher ad prices and engagement. Meta Platforms: The AI Spending Looks Crazy; The Economics Don’t
- Positive Sentiment: Commentary on Meta’s Muse AI launch suggests the technology could become a major catalyst for commerce and advertising, with one forecast envisioning a path toward $1,000 per share. The outlook is speculative but adds to the positive AI narrative. Meta Muse: Sparking the AI Revolution
- Neutral Sentiment: Meta executives are scheduled to testify before New York City officials about AI risks and possible legislation. The hearing could increase regulatory scrutiny, though no immediate financial impact was announced. AI Executives Set to Testify at NYC Council Hearing
- Negative Sentiment: Meta, TikTok and X are challenging Ofcom’s demands for information under the United Kingdom’s online-safety regime. The dispute highlights potential compliance costs and regulatory exposure. Meta, TikTok and X Challenge UK Watchdog
- Negative Sentiment: Meta’s planned AI infrastructure spending—estimated at $130 billion to $145 billion by 2026—raises execution and return-on-investment risks. Investors need evidence that AI monetization will justify the unusually large capital commitments. Meta AI Spending Analysis
- Negative Sentiment: Several lawsuits could create substantial liabilities and reduce Meta’s ability to spend on chips and data centers, presenting a direct risk to its AI strategy. Meta AI Plans Could Be Crippled by Lawsuits
- Negative Sentiment: Investor Steve Weiss said he reduced his Meta position as the 10-year Treasury yield approached 5.26%. Higher yields can pressure valuations for high-growth technology stocks and make Meta’s future cash flows less attractive. Analyst Sells Cisco and Trims Meta
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of the business’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $777.44, for a total value of $21,359,386.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 40,000 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the transaction, the insider directly owned 184,516 shares of the company’s stock, valued at approximately $131,515,624.16. This trade represents a 17.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 146,647 shares of company stock valued at $99,886,901 in the last quarter. Company insiders own 13.53% of the company’s stock.
Meta Platforms Company Profile
Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.
Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.
Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.
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