Fire Capital Management LLC Has $1.26 Million Holdings in Meta Platforms, Inc. $META

Fire Capital Management LLC lifted its stake in Meta Platforms, Inc. (NASDAQ:META) by 92.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,906 shares of the social networking company’s stock after buying an additional 917 shares during the period. Fire Capital Management LLC’s holdings in Meta Platforms were worth $1,258,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Westchester Capital Management Inc. acquired a new position in shares of Meta Platforms in the 3rd quarter worth approximately $26,000. Key Capital Management INC acquired a new position in shares of Meta Platforms in the 4th quarter worth approximately $48,000. Fairway Wealth LLC raised its holdings in shares of Meta Platforms by 36.8% in the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock worth $51,000 after buying an additional 21 shares in the last quarter. Dorato Capital Management acquired a new position in shares of Meta Platforms in the 4th quarter worth approximately $62,000. Finally, PMV Capital Advisers LLC raised its holdings in shares of Meta Platforms by 26.3% in the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock worth $63,000 after buying an additional 20 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Key Meta Platforms News

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.
• 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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on META shares. Jefferies Financial Group increased their target price on Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Mizuho dropped their price target on Meta Platforms from $850.00 to $835.00 and set an “outperform” rating for the company in a report on Tuesday, May 5th. UBS Group dropped their price target on Meta Platforms from $908.00 to $865.00 and set a “buy” rating for the company in a report on Thursday, April 30th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $725.00 price target (down from $825.00) on shares of Meta Platforms in a report on Thursday, April 30th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $800.00 price target (down from $880.00) on shares of Meta Platforms in a report on Thursday, April 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $840.31.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, May 11th. The stock was sold at an average price of $604.57, for a total value of $559,831.82. Following the completion of the sale, the chief operating officer directly owned 6,853 shares of the company’s stock, valued at approximately $4,143,118.21. This trade represents a 11.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total value of $386,860.00. Following the completion of 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 160,352 shares of company stock valued at $102,559,436 over the last three months. Insiders own 13.61% of the company’s stock.

Meta Platforms Trading Down 0.7%

META stock opened at $614.23 on Friday. The business has a fifty day moving average price of $622.18 and a 200 day moving average price of $640.72. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The stock has a market capitalization of $1.55 trillion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 1.08 and a beta of 1.25. 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 (NASDAQ:META) last released its earnings results 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. The company had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business’s revenue for the quarter was up 33.1% on a year-over-year basis. During the same period last year, the firm earned $6.43 EPS. Analysts expect that Meta Platforms, Inc. will post 29.65 EPS for the current fiscal year.

Meta Platforms Company 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.