5,000 Shares in Meta Platforms, Inc. $META Purchased by Pangea Capital Gestao de Recursos Ltda.

Key Points

• Pangea Capital Gestao de Recursos purchased 5,000 Meta shares worth approximately $2.86 million, making Meta its fourth-largest holding and representing 2.2% of its portfolio.
• Institutional investors own 79.91% of Meta, while insiders sold 37,770 shares worth about $23.0 million over the past 90 days through pre-arranged trading plans.
• Meta reported 28% year-over-year revenue growth to $60.8 billion but missed earnings estimates, with higher AI spending and weaker free-cash-flow expectations driving analyst price-target cuts. The stock retains a “Moderate Buy” consensus rating with a $789.95 average target.

Pangea Capital Gestao de Recursos Ltda. purchased a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,000 shares of the social networking company's stock, valued at approximately $2,861,000. Meta Platforms accounts for approximately 2.2% of Pangea Capital Gestao de Recursos Ltda.'s portfolio, making the stock its 4th largest position.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares in the last quarter. Auto Owners Insurance Co increased its holdings in Meta Platforms by 76,587.7% in the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after buying an additional 105,154,977 shares in the last quarter. State Street Corp grew its stake in shares of 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 during the period. Geode Capital Management LLC raised its stake in Meta Platforms by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock valued at $34,734,628,000 after buying an additional 878,396 shares during the last quarter. Finally, Capital World Investors lifted its holdings in Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock valued at $26,112,735,000 after acquiring an additional 310,947 shares during the period. Institutional investors own 79.91% of the company's stock.

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Insider Buying and Selling

In related news, COO Javier Olivan sold 837 shares of the firm's stock in a transaction on Monday, July 27th. The shares were sold at an average price of $607.85, for a total value of $508,770.45. Following the completion of the transaction, the chief operating officer directly owned 6,290 shares of the company's stock, valued at approximately $3,823,376.50. This trade represents a 11.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the firm's stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total transaction of $303,875.00. Following the completion of the transaction, the director directly owned 3,443 shares of the company's stock, valued at approximately $2,092,483.25. This trade represents a 12.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 37,770 shares of company stock worth $23,034,051. Corporate insiders own 13.53% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on META. Needham & Company LLC reiterated a "hold" rating on shares of Meta Platforms in a research report on Wednesday, July 8th. Monness Crespi & Hardt decreased their target price on shares of Meta Platforms from $890.00 to $730.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Wells Fargo & Company reduced their price objective on shares of Meta Platforms from $835.00 to $640.00 and set an "overweight" rating for the company in a research note on Thursday. KeyCorp dropped their target price on shares of Meta Platforms from $790.00 to $780.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Finally, The Goldman Sachs Group lowered their price objective on Meta Platforms from $815.00 to $725.00 and set a "buy" rating on the stock in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus price target of $789.95.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: AI spending narrative improves: Strong earnings from Amazon, Microsoft, Alphabet and other cloud companies suggest enterprise AI demand remains robust, supporting the case for continued infrastructure investment and potentially greater monetization of Meta’s AI tools and recommendation systems. Amazon Just Flipped the AI Capex Narrative
• Positive Sentiment: Valuation attracts buyers: Multiple analyses describe Meta as inexpensive relative to its growth, citing a forward P/E near 17 and expectations for approximately 40% upside. Evercore’s Mark Mahaney reportedly named Meta a top large-cap idea with an $820 price target, while other analysts also maintain bullish views. Meta Named a Top Large-Cap Long Idea
• Positive Sentiment: Core advertising business remains strong: Recent coverage highlights rising revenue, ad impressions, ad prices and user engagement. Investors are encouraged that Meta’s AI investments may already be improving targeting, recommendations and advertising performance. Mark Zuckerberg Says He's Betting Big on AI Compute
• Positive Sentiment: Recent earnings showed substantial growth: Meta’s latest quarter produced $60.8 billion in revenue, up 28% year over year and above estimates. That growth, combined with a comparatively low valuation, is driving “buy-the-dip” recommendations. Is Meta Stock a Buy on the Dip?
• Neutral Sentiment: International exposure is a key variable: Investors are assessing Meta’s dependence on overseas revenue, including the stability of international advertising demand and currency-related risks. Meta International Revenues Trends
• Negative Sentiment: AI investment remains the main risk: Meta’s earnings miss and concerns about sharply higher capital expenditures, weaker free cash flow and the timing of returns caused the recent post-earnings pressure. Some analysts have also reduced price targets, including Bank of America to $810 and Monness Crespi & Hardt to $730. What's Going on With Meta Stock?

Meta Platforms Stock Up 6.0%

META opened at $590.24 on Tuesday. The company has a market capitalization of $1.49 trillion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 0.93 and a beta of 1.25. The firm has a 50-day simple moving average of $600.76 and a two-hundred day simple moving average of $622.55. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period last year, the firm posted $7.14 earnings per share. Analysts forecast that Meta Platforms, Inc. will post 28.99 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

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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