Meta Platforms, Inc. $META Shares Sold by Prossimo Advisors LLC

Prossimo Advisors LLC reduced its position in Meta Platforms, Inc. (NASDAQ:META) by 60.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 677 shares of the social networking company’s stock after selling 1,015 shares during the period. Meta Platforms accounts for about 3.7% of Prossimo Advisors LLC’s portfolio, making the stock its 10th biggest position. Prossimo Advisors LLC’s holdings in Meta Platforms were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Meta Platforms by 0.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company’s stock valued at $2,587,000 after buying an additional 13 shares in the last quarter. Hemington Wealth Management grew its stake in shares of Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company’s stock worth $1,641,000 after acquiring an additional 14 shares during the last quarter. Trust Co of the South increased its holdings in shares of Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after acquiring an additional 14 shares in the last quarter. Sentinel Pension Advisors LLC raised its position in shares of Meta Platforms by 1.6% in the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after purchasing an additional 14 shares during the last quarter. Finally, Alpine Bank Wealth Management raised its position in shares of Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

NASDAQ META opened at $647.63 on Friday. The stock has a 50-day simple moving average of $641.17 and a two-hundred day simple moving average of $697.57. The firm has a market capitalization of $1.63 trillion, a P/E ratio of 28.61, a PEG ratio of 1.22 and a beta of 1.29. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping the consensus estimate of $6.74 by $0.51. The firm had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.Meta Platforms’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period last year, the company earned $6.03 earnings per share. On average, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is presently 9.28%.

Wall Street Analyst Weigh In

META has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. cut their price target on shares of Meta Platforms from $875.00 to $800.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a report on Thursday, October 30th. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research note on Tuesday, October 14th. Oppenheimer cut Meta Platforms from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 30th. Finally, Robert W. Baird dropped their price target on Meta Platforms from $820.00 to $815.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $821.55.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta will roll out ads on Threads globally next week, expanding a monetization channel on a platform with 400M+ monthly users and improving the ad‑growth narrative. Meta to begin rolling out Threads ads globally
• Positive Sentiment: Analysts remain constructive: Jefferies reiterated a Buy and a $910 PT and TD Cowen lifted its target to $820 while reporting Meta will double production of Meta Glasses — signals of continued analyst conviction and product investment upside. Meta pullback creates upside opportunity
• Positive Sentiment: Meta’s new AI lab has delivered its first internal models, per the CTO — tangible progress on AI development that supports the company’s long‑term AI narrative and could assuage some investor concerns about the ROI of heavy AI spending. Meta’s new AI team has delivered first key models
• Neutral Sentiment: MarketBeat preview flags that the upcoming Q4 results will be driven as much by Meta’s 2026 CapEx guidance and expense outlook as by revenue/EPS — a clear catalyst that could swing the stock depending on how aggressive spending guidance is. META Q4 Earnings Preview
• Negative Sentiment: Meta faces an approaching New Mexico child‑safety trial; company lawyers are trying to limit evidence — a legal overhang that adds regulatory and reputational risk. Meta seeks to limit evidence in child safety case
• Negative Sentiment: Some analyst moves and investor actions are mixed-to-negative: UBS trimmed its price target and Meta was reported trading down after that downgrade; a director sold 580 shares — small signals but they can amplify near‑term volatility. UBS lowers Meta price target

Insider Activity

In related news, CFO Susan J. Li sold 6,875 shares of the business’s stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total value of $4,190,037.50. Following the completion of the transaction, the chief financial officer directly owned 88,370 shares in the company, valued at $53,857,980.20. The trade was a 7.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Aaron Anderson sold 726 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the sale, the chief accounting officer owned 6,035 shares in the company, valued at approximately $3,570,306. This represents a 10.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 40,632 shares of company stock worth $25,055,572. 13.61% of the stock is currently owned by corporate insiders.

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.