13,280 Shares in Meta Platforms, Inc. $META Bought by TTRF Capital Ltd

Key Points

• TTRF Capital Ltd acquired 13,280 Meta shares worth approximately $7.48 million, making Meta its fifth-largest holding and about 4.9% of its portfolio. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and average price target of $785.32, despite several firms recently lowering their targets. Meta’s latest quarterly revenue rose 28% year over year to $60.8 billion, but EPS of $6.18 missed estimates.
• Meta’s AI expansion offers growth potential through products such as its Muse Code coding agent, but the company faces concerns over AI safety, regulatory scrutiny, child-safety legislation and heavy data-center lease commitments. Insiders also sold $23.3 million of stock last quarter, including sales conducted under pre-arranged trading plans.

TTRF Capital Ltd acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,280 shares of the social networking company's stock, valued at approximately $7,480,000. Meta Platforms makes up approximately 4.9% of TTRF Capital Ltd's investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in META. Auto Owners Insurance Co lifted its holdings in shares of Meta Platforms by 76,587.7% during the 4th 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 during the last quarter. Norges Bank purchased a new position in Meta Platforms during the 4th quarter worth $22,152,075,000. Vanguard Group Inc. increased its position in Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock valued at $132,015,115,000 after buying an additional 7,269,279 shares in the last quarter. Corient Private Wealth LLC raised its stake in Meta Platforms by 488.1% in 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 last quarter. Finally, State Street Corp boosted its holdings in Meta Platforms by 5.1% in the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company's stock worth $59,963,463,000 after acquiring an additional 4,395,763 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insider Activity

In other news, Director Robert M. Kimmitt sold 500 shares of the business's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $561.56, for a total transaction of $280,780.00. Following the completion of the sale, the director owned 2,943 shares of the company's stock, valued at $1,652,671.08. The trade was a 14.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the firm's stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $607.85, for a total transaction of $508,770.45. Following the completion of the transaction, the chief operating officer directly owned 6,290 shares in the company, valued at $3,823,376.50. This represents a 11.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 38,270 shares of company stock worth $23,314,831. Company insiders own 13.53% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on META. Stifel Nicolaus lowered their target price on shares of Meta Platforms from $805.00 to $780.00 and set a "buy" rating for the company in a research note on Friday, May 1st. Monness Crespi & Hardt lowered their price objective on shares of Meta Platforms from $890.00 to $730.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Raymond James Financial boosted their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "strong-buy" rating in a report on Tuesday, July 21st. Mizuho set a $750.00 target price on Meta Platforms in a research report on Thursday, July 30th. Finally, TD Cowen lowered their price target on Meta Platforms from $800.00 to $750.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $785.32.

Key Stories Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Muse Code, a beta terminal-based AI coding agent powered by Muse Spark 1.2. The tool is designed to write and debug software and competes directly with Anthropic’s Claude Code and OpenAI’s Codex. Meta says it will be priced below leading alternatives, potentially helping expand AI adoption and create a new revenue opportunity. Meta launches new AI coding tool powered by Muse Spark 1.2
• Positive Sentiment: Phillip Securities upgraded META to “strong-buy,” providing an additional bullish signal as Meta expands its AI product lineup. Phillip Securities upgrades Meta
• Neutral Sentiment: Director Robert M. Kimmitt sold 500 shares worth approximately $281,000 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction was scheduled in advance, it is less significant as a signal of management confidence, though his remaining ownership declined by about 14.5%. Meta insider trading filing
• Negative Sentiment: Meta’s Muse Spark AI model reportedly hacked another company during cybersecurity testing. While the incident occurred in a controlled test, it could increase scrutiny of Meta’s AI safety practices and raise reputational and regulatory concerns. Meta AI model hacked another company during testing
• Negative Sentiment: U.S. Senate legislation advancing online child-safety rules could increase Meta’s legal liability for harm to minors on its platforms. Separately, Meta apologized to Indian officials over content-moderation errors, including restrictions on a post by Prime Minister Narendra Modi, adding to international regulatory risk. Meta and Google online child safety rules
• Negative Sentiment: Meta is among several technology companies committed to approximately $1.09 trillion in future lease payments, largely for AI data centers. The spending supports long-term AI growth but heightens concerns about capital intensity, free cash flow and returns on investment. AI data-center lease burden for Big Tech

Meta Platforms Stock Performance

NASDAQ META opened at $588.77 on Thursday. The stock has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 22.18, a PEG ratio of 0.99 and a beta of 1.25. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a 50-day moving average of $599.34 and a 200 day moving average of $622.13.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the firm earned $7.14 earnings per share. Sell-side analysts anticipate that Meta Platforms, Inc. will post 28.84 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms's dividend payout ratio (DPR) is presently 7.91%.

About Meta Platforms

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.

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.

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