9,660 Shares of Meta Platforms, Inc. $META Purchased by Agur Provident & Training Funds Management Ltd.

Agur Provident & Training Funds Management Ltd. purchased a new position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,660 shares of the social networking company's stock, valued at approximately $5,120,000. Meta Platforms comprises about 1.2% of Agur Provident & Training Funds Management Ltd.'s investment portfolio, making the stock its 22nd largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Auto Owners Insurance Co grew 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 worth $69,502,379,000 after purchasing an additional 105,154,977 shares during the period. Geode Capital Management LLC increased its stake in Meta Platforms by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock worth $34,734,628,000 after purchasing an additional 878,396 shares during the period. Norges Bank acquired a new stake in Meta Platforms during the 4th quarter worth approximately $22,152,075,000. Bank of America Corp DE raised its stake in shares of Meta Platforms by 14.6% in the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock valued at $12,036,491,000 after acquiring an additional 2,673,494 shares in the last quarter. Finally, Invesco Ltd. raised its position in Meta Platforms by 6.1% in the 4th quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock valued at $12,013,948,000 after purchasing an additional 1,046,715 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Down 4.8%

Meta Platforms stock opened at $715.62 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. 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 $1.82 trillion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 1.31 and a beta of 1.25. The stock's 50 day moving average price is $616.56 and its 200 day moving average price is $613.27.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter last year, the business earned $7.14 EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 27.93 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a dividend of $0.5250 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is currently 7.91%.

More Meta Platforms News

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

• Positive Sentiment: Meta launched the Meta Enterprise Platform, offering businesses and developers access to its Muse AI agent, Business Agent, Muse API and Muse Code. The company hired MongoDB CEO Chirantan “CJ” Desai to lead the initiative, signaling an effort to generate revenue from its multibillion-dollar AI investments beyond advertising. Meta launches enterprise AI platform
• Positive Sentiment: Muse’s integration across Facebook, Instagram, Messenger and WhatsApp is supporting rapid user adoption; the AI-powered app reportedly reached the top spot in the U.S. App Store. Analysts also see potential revenue from subscriptions, transaction fees, enterprise tools and commercial API licensing. Meta Platforms boosts ad engagement with AI
• Positive Sentiment: Monness Crespi & Hardt raised its price target on META to $830 from $730 and maintained a Buy rating, citing the company’s AI opportunity and expanding ecosystem. AI improvements are also reportedly increasing ad engagement, clicks and conversions. Meta Platforms price target raised
• Neutral Sentiment: Investors remain divided over Meta’s AI strategy. Bullish analysts expect new AI agents, smart glasses and enterprise software to create additional revenue streams, while others question whether the returns will justify the investment.
• Negative Sentiment: Capital expenditures rose sharply to $31.1 billion in the second quarter from $19.4 billion a year earlier. The scale of data-center and AI spending is raising concerns about returns on capital and near-term margins. Meta Platforms: Are You Going to Buy the Promise?
• Negative Sentiment: Reports that OpenAI is developing a competing AI assistant intensified competitive concerns. Separately, alleged Muse disclosures of private messages and a user’s address have triggered privacy and safety criticism, potentially creating regulatory and reputational risks. Elon Musk amplifies privacy concerns over Muse
• Negative Sentiment: Meta also faces legal and political overhang after a New Mexico jury found that Facebook misled residents about personal-data practices, while lawmakers are questioning AI and data-center tax subsidies. Recent gains have additionally left the valuation less compelling, increasing sensitivity to execution disappointments.

Analyst Upgrades and Downgrades

META has been the subject of several recent analyst reports. China Renaissance decreased their price objective on shares of Meta Platforms from $825.00 to $700.00 and set a "buy" rating for the company in a research report on Friday, July 31st. New Street Research lowered their price objective on Meta Platforms from $730.00 to $700.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Rosenblatt Securities reiterated a "buy" rating and issued a $886.00 price objective on shares of Meta Platforms in a report on Wednesday, September 16th. Wells Fargo & Company raised their target price on Meta Platforms from $640.00 to $796.00 and gave the stock an "overweight" rating in a research report on Monday, September 21st. Finally, Roth Capital cut their price objective on shares of Meta Platforms from $820.00 to $750.00 and set a "buy" rating on the stock in a report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, forty-four have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus price target of $787.86.

Insiders Place Their Bets

In other news, insider Christopher K. Cox sold 40,000 shares of Meta Platforms stock in a transaction on Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the transaction, the insider owned 184,516 shares of the company's stock, valued at $131,515,624.16. The trade was a 17.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 946 shares of the business's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $680.27, for a total transaction of $643,535.42. Following the completion of the sale, the chief operating officer owned 9,770 shares in the company, valued at $6,646,237.90. This represents a 8.83% 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. Over the last ninety days, insiders have sold 150,807 shares of company stock worth $102,155,232. 13.53% of the stock is owned by corporate insiders.

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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