18,302 Meta Platforms, Inc. $META Shares Bought by Maj Invest Holding A S

Key Points

• Maj Invest Holding increased its Meta stake 6% in the third quarter, buying 18,302 shares to reach 321,233 shares valued at about $233 million. Meta is the fund’s largest holding, representing 10.3% of its portfolio.
• Meta reported quarterly earnings of $7.40 per share, beating the $6.54 consensus estimate, while revenue of $64.6 billion exceeded forecasts and rose 26.1% year over year.
• Analysts maintain a broadly positive view: Meta has a “Moderate Buy” consensus rating and an average price target of $833.12. Separately, insiders sold 149,515 shares over the past 90 days.

Maj Invest Holding A S increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 321,233 shares of the social networking company's stock after acquiring an additional 18,302 shares during the period. Meta Platforms comprises about 10.3% of Maj Invest Holding A S's portfolio, making the stock its biggest position. Maj Invest Holding A S's holdings in Meta Platforms were worth $232,952,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp boosted its position in Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock worth $51,841,811,000 after buying an additional 3,510,123 shares during the period. Bank of America Corp DE lifted its holdings in shares of Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock worth $12,036,491,000 after purchasing an additional 2,673,494 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Meta Platforms by 1.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company's stock valued at $7,230,426,000 after purchasing an additional 162,909 shares during the period. Amundi increased its holdings in Meta Platforms by 18.1% in the first quarter. Amundi now owns 11,858,972 shares of the social networking company's stock valued at $6,784,873,000 after purchasing an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Meta Platforms by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company's stock worth $5,964,745,000 after purchasing an additional 404,948 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling

In other Meta Platforms news, COO Javier Olivan sold 946 shares of the firm's stock in a transaction on Monday, October 26th. The stock was sold at an average price of $640.00, for a total transaction of $605,440.00. Following the transaction, the chief operating officer directly owned 5,040 shares in the company, valued at approximately $3,225,600. This trade represents a 15.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 149,515 shares of company stock valued at $102,183,520. Corporate insiders own 13.53% of the company's stock.

Meta Platforms Stock Performance

META opened at $621.03 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.30. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The company has a market cap of $1.59 trillion, a price-to-earnings ratio of 21.17, a PEG ratio of 1.05 and a beta of 1.28. The company's fifty day moving average price is $672.41 and its two-hundred day moving average price is $632.16.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.86. The business had revenue of $64.60 billion for the quarter, compared to analysts' expectations of $63.34 billion. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The firm's revenue for the quarter was up 26.1% compared to the same quarter last year. During the same quarter last year, the firm earned $7.25 EPS. On average, analysts expect that Meta Platforms, Inc. will post 29.01 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms's dividend payout ratio is presently 7.16%.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta’s bond sale attracted orders reportedly reaching $58 billion, a sign of robust investor appetite for the company’s debt. That demand may have helped support the stock despite concerns about Big Tech’s AI spending. Article: Meta stock rises as $20B bond sale attracts strong investor demand
• Positive Sentiment: Meta completed a $15 billion, five-part U.S. bond sale. The successful issuance gives the company capital to support its investment plans, while recent earnings-call coverage highlighted ad growth and adoption of its Muse AI tools. Article: Meta raises $15 billion in five-part US bond sale Article: META Q3 Earnings Call Put Spotlight on Muse Growth and AI Spending
• Neutral Sentiment: Meta and Snap settled claims related to alleged harm to young users from social media; financial terms were not disclosed. The settlements avert the scheduled trial, but do not resolve broader scrutiny of platform design. Article: Snap Settled a Social Media Addiction Suit
• Negative Sentiment: The bond financing underscores the cost of Meta’s AI ambitions. Reports indicate borrowing costs rose, while the company is ramping up spending on data centers and AI models—raising questions about returns and pressure on future cash flow. Article: Apple Shares Slip, Meta Debt Costs Rise Article: Meta seeks to raise up to $25 billion in debt sale as AI spending jumps
• Negative Sentiment: Meta postponed new business terms after backlash over potential web scraping, and reports of its AI crawler overwhelming a small business website add to reputational and policy risks. Article: Meta delays new business terms after outcry over potential web scraping of news sites

Analysts Set New Price Targets

A number of research firms have weighed in on META. UBS Group reissued an "outperform" rating and set a $920.00 target price on shares of Meta Platforms in a research report on Thursday, October 22nd. Rosenblatt Securities reiterated a "buy" rating and issued a $886.00 target price on shares of Meta Platforms in a report on Tuesday, October 20th. Citigroup increased their price target on Meta Platforms from $895.00 to $905.00 and gave the stock a "buy" rating in a report on Thursday, October 22nd. DZ Bank restated a "buy" rating on shares of Meta Platforms in a report on Thursday, July 30th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $800.00 price objective (down from $850.00) on shares of Meta Platforms in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price of $833.12.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company's principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.

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