Pursue Wealth Partners LLC Has $3.57 Million Stock Position in Meta Platforms, Inc. $META
April 25, 2026
Pursue Wealth Partners LLC boosted its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 22.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,403 shares of the social networking company’s stock after buying an additional 987 shares during the quarter. Meta Platforms makes up 1.7% of Pursue Wealth Partners LLC’s holdings, making the stock its 18th biggest holding. Pursue Wealth Partners LLC’s holdings in Meta Platforms were worth $3,567,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its stake in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after purchasing an additional 1,650,435 shares during the last quarter. Capital World Investors lifted its stake in shares of Meta Platforms by 0.7% in the 3rd quarter. Capital World Investors now owns 39,247,690 shares of the social networking company’s stock valued at $28,823,375,000 after acquiring an additional 278,180 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Meta Platforms by 0.8% during the 3rd quarter. Invesco Ltd. now owns 17,153,754 shares of the social networking company’s stock valued at $12,597,374,000 after acquiring an additional 142,229 shares in the last quarter. Legal & General Group Plc grew its position in Meta Platforms by 4.1% during the 3rd quarter. Legal & General Group Plc now owns 14,332,168 shares of the social networking company’s stock worth $10,525,258,000 after acquiring an additional 558,792 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Meta Platforms by 3.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 13,619,341 shares of the social networking company’s stock worth $10,001,772,000 after acquiring an additional 481,276 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.
Meta Platforms Stock Performance
Shares of Meta Platforms stock opened at $675.50 on Friday. The business has a 50-day moving average price of $628.34 and a two-hundred day moving average price of $650.06. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The company has a market cap of $1.71 trillion, a P/E ratio of 28.74, a PEG ratio of 1.07 and a beta of 1.31.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. The company had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The firm’s revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business earned $8.02 EPS. As a group, analysts anticipate that Meta Platforms, Inc. will post 29.83 EPS for the current year.
Meta Platforms Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 8.94%.
Insiders Place Their Bets
In other news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $680.09, for a total value of $629,763.34. Following the completion of the sale, the chief operating officer directly owned 9,631 shares in the company, valued at $6,549,946.79. This trade represents a 8.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction dated 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. The trade was 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 166,117 shares of company stock valued at $106,367,778 over the last 90 days. Corporate insiders own 13.61% of the company’s stock.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta signed a multiyear, multibillion-dollar agreement to deploy tens of millions of AWS Graviton5 cores to power its agentic AI workloads — investors view this as a scalable, cost-efficient way to boost AI capacity and cut future capex risk. Meta strikes deal with Amazon’s cloud unit to use its CPU chips
- Positive Sentiment: Management announced plans to cut ~10% of the workforce (~8,000 roles) and freeze hiring for ~6,000 openings to “run more efficiently” and offset AI investments — a move markets often reward when paired with heavy AI capex. Meta will cut 10% of workforce as it pushes more into AI
- Positive Sentiment: Analyst support and buy-side interest (price-target upgrades and bullish notes on AI-driven ad monetization) are reinforcing the upside narrative around revenue and margins. Guggenheim reaffirms buy and sets $850 target
- Neutral Sentiment: Insider sales by the COO were disclosed (executed under a Rule 10b5‑1 plan) — routine but noted by traders watching insider activity. SEC filing: Javier Olivan insider sales
- Negative Sentiment: Staff reactions describe weeks of limbo and morale damage (“28 days of hell”) ahead of the May cuts, raising execution and product-risk concerns if key teams are disrupted. Meta employees react to pending job cuts
- Negative Sentiment: Reports that Meta is tracking employee keystrokes and web usage to train AI models raise privacy/ethical questions and potential regulatory scrutiny that could create reputational or legal costs. Meta is tracking employee usage for AI training
- Negative Sentiment: Ongoing legal/ESG pressures (court rulings, shareholder proposals on human rights and AI energy/climate impacts) remain a medium-term headwind for sentiment and could spur additional disclosures or costs. Meta faces new ESG pressures
Analysts Set New Price Targets
Several research firms have commented on META. BMO Capital Markets increased their target price on Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Rothschild & Co Redburn set a $900.00 price objective on shares of Meta Platforms in a report on Monday, January 26th. Arete Research reiterated a “neutral” rating on shares of Meta Platforms in a report on Thursday, March 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $810.00 price objective on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Bank of America decreased their price target on Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $837.09.
Read Our Latest Analysis on Meta Platforms
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.
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