36,971 Shares in Meta Platforms, Inc. $META Acquired by MASTERINVEST Kapitalanlage GmbH

Key Points

• MASTERINVEST Kapitalanlage GmbH acquired 36,971 shares of Meta Platforms, Inc. in the second quarter, valued at approximately $27.3 million, making it the fifth largest holding in their investment portfolio.
• Several institutional investors, including Vanguard Group Inc. and State Street Corp, have increased their positions in Meta, contributing to hedge funds and institutional investors owning 79.91% of the stock.
• Meta's recent quarterly earnings exceeded analysts' expectations with an EPS of $7.14 and revenue of $47.52 billion, marking a 21.6% increase compared to the previous year.

MASTERINVEST Kapitalanlage GmbH acquired a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 36,971 shares of the social networking company's stock, valued at approximately $27,288,000. Meta Platforms comprises 2.9% of MASTERINVEST Kapitalanlage GmbH's investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Meta Platforms by 0.8% in the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company's stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares during the last quarter. State Street Corp increased its position in shares of Meta Platforms by 1.9% during the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock valued at $64,158,971,000 after acquiring an additional 1,650,435 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its position in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after acquiring an additional 59,766,000 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Meta Platforms by 1.3% during the second quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company's stock valued at $37,902,948,000 after acquiring an additional 682,768 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Meta Platforms during the second quarter valued at approximately $23,155,393,000. 79.91% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CTO Andrew Bosworth sold 11,694 shares of the company's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $9,062,850.00. Following the completion of the sale, the chief technology officer owned 1,799 shares of the company's stock, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Javier Olivan sold 517 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $755.65, for a total transaction of $390,671.05. Following the completion of the sale, the chief operating officer directly owned 11,577 shares of the company's stock, valued at $8,748,160.05. This trade represents a 4.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 282,761 shares of company stock worth $213,726,766 in the last ninety days. 13.61% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

META has been the subject of a number of research analyst reports. Loop Capital reaffirmed a "buy" rating and set a $980.00 price target (up from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. KeyCorp increased their price objective on Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Scotiabank increased their price objective on Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. BMO Capital Markets increased their price objective on Meta Platforms from $610.00 to $710.00 and gave the company a "market perform" rating in a report on Thursday, July 31st. Finally, Benchmark increased their price objective on Meta Platforms from $800.00 to $890.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Price Performance

NASDAQ:META opened at $751.98 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a fifty day moving average of $740.37 and a 200 day moving average of $660.67. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.58 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company posted $5.16 EPS. Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

About Meta Platforms

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

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