Rubicon Global Capital Ltd Sells 2,050 Shares of Meta Platforms, Inc. $META
Rubicon Global Capital Ltd lessened its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,857 shares of the social networking company's stock after selling 2,050 shares during the period. Meta Platforms accounts for about 12.2% of Rubicon Global Capital Ltd's holdings, making the stock its 2nd biggest position. Rubicon Global Capital Ltd's holdings in Meta Platforms were worth $46,112,000 as of its most recent filing with the Securities & Exchange Commission. Other institutional investors have also recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms in the 3rd quarter valued at about $26,000. Evergreen Private Wealth LLC increased its position in Meta Platforms by 64.8% during the 3rd quarter. Evergreen Private Wealth LLC now owns 89 shares of the social networking company's stock worth $65,000 after purchasing an additional 35 shares during the period. PMV Capital Advisers LLC increased its position in Meta Platforms by 26.3% during the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company's stock worth $63,000 after purchasing an additional 20 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in Meta Platforms during the 3rd quarter worth approximately $71,000. Finally, Dorato Capital Management acquired a new position in Meta Platforms during the 4th quarter worth approximately $62,000. Institutional investors and hedge funds own 79.91% of the company's stock. Get Meta Platforms alerts:Insider Activity at Meta PlatformsIn related news, COO Javier Olivan sold 926 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $605.38, for a total value of $560,581.88. Following the sale, the chief operating officer owned 13,335 shares of the company's stock, valued at approximately $8,072,742.30. This represents a 6.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $632.02, for a total value of $366,571.60. Following the completion of the sale, the director directly owned 4,427 shares in the company, valued at approximately $2,797,952.54. The trade was a 11.58% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 160,931 shares of company stock valued at $102,997,526. 13.61% of the stock is owned by corporate insiders. Meta Platforms Price PerformanceShares of NASDAQ:META opened at $628.39 on Friday. The business's 50 day simple moving average is $630.52 and its 200-day simple moving average is $655.68. The firm has a market capitalization of $1.59 trillion, a price-to-earnings ratio of 26.74, a price-to-earnings-growth ratio of 0.95 and a beta of 1.31. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. The business had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company's quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $8.02 EPS. As a group, equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year. Meta Platforms Dividend AnnouncementThe business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were paid a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio is presently 8.94%. More Meta Platforms NewsHere are the key news stories impacting Meta Platforms this week:
Positive Sentiment: Muse Spark AI model rollout: Meta unveiled Muse Spark, the first major model from its Superintelligence Labs — investors view this as a credible restart of Meta’s AI push and a catalyst for future ad, commerce and AI-product revenue. Reuters: Meta unveils first AI model
Positive Sentiment: Major CoreWeave capacity deal: Meta expanded its AI cloud agreement with CoreWeave (~$21B through 2032), securing large-scale GPU capacity for model training and deployment — supports aggressive AI roadmaps and explains investor enthusiasm for long-term AI leadership. Reuters: CoreWeave $21B deal
Positive Sentiment: Commerce and payments partnerships: New integrations (e.g., PayPal on Facebook shopping) and AI-powered commerce tools increase monetization paths beyond feed ads, bolstering revenue upside expectations. TipRanks: PayPal deal
Neutral Sentiment: Analyst moves mixed: Some firms reaffirmed buy/overweight stances and high price targets while a few trimmed targets (KeyCorp, Rosenblatt adjustments) — sentiment remains broadly bullish but with divergent near-term views. Benzinga: analyst updates
Neutral Sentiment: Internal reorg toward AI tooling: Meta is reallocating top engineers into a new AI tooling organization ahead of layoffs — this signals concentrated investment in AI infrastructure but also short-term disruption and workforce churn. Reuters: Meta transfers top engineers
Negative Sentiment: Ongoing litigation and ad removals: Meta is pulling ads that recruited plaintiffs for social-media-addiction lawsuits — a move that reduces PR/legal optics risk but underscores persistent legal exposure and recent unfavorable trial outcomes. Reuters: Meta pulls plaintiff-recruiting ads
Analysts Set New Price TargetsSeveral equities analysts have issued reports on META shares. Pivotal Research dropped their target price on Meta Platforms from $930.00 to $910.00 and set a "buy" rating on the stock in a research report on Thursday, January 29th. KeyCorp dropped their target price on Meta Platforms from $855.00 to $760.00 and set an "overweight" rating on the stock in a research report on Thursday. Argus reiterated a "buy" rating and set a $800.00 target price on shares of Meta Platforms in a research report on Monday, February 2nd. Wedbush boosted their target price on Meta Platforms from $880.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Finally, Tigress Financial boosted their target price on Meta Platforms from $935.00 to $945.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, March 18th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $839.13.View Our Latest Stock Report on METAMeta Platforms Profile (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.Read MoreWant to see what other hedge funds are holding META? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Before you consider Meta Platforms, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.Looking to profit from the electric vehicle mega-trend? Click the link to see our list of which EV stocks show the most long-term potential.Get This Free Report
