Assetmark Inc. Raises Holdings in Meta Platforms, Inc. $META

Key Points

• Assetmark increased its Meta stake by 3.6% in the second quarter, adding 33,694 shares to reach 981,816 shares valued at approximately $553 million. Institutional investors and hedge funds collectively own 79.91% of Meta.
• Wall Street maintains a generally positive view, with Meta receiving a “Moderate Buy” consensus rating and an average price target of $785.22, despite some analysts lowering targets.
• Meta’s revenue rose 28% year over year to $60.8 billion, but quarterly earnings per share of $6.18 missed estimates. Investors continue to weigh strong advertising growth against heavy AI spending, regulatory risks and recent insider stock sales.

Assetmark Inc. increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 981,816 shares of the social networking company's stock after purchasing an additional 33,694 shares during the period. Meta Platforms accounts for about 1.0% of Assetmark Inc.'s holdings, making the stock its 16th biggest position. Assetmark Inc.'s holdings in Meta Platforms were worth $553,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after purchasing an additional 570 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after acquiring an additional 875 shares during the last quarter. Headwater Capital Co Ltd raised its holdings in Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock valued at $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of Meta Platforms during the 2nd quarter worth $213,000. Finally, Capital & Planning LLC acquired a new stake in shares of Meta Platforms during the second quarter worth $322,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms News Roundup

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

• Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta's social media settlement leaves its money machine unscathed
• Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta's AI Bet Not Showing Returns, Yet
• Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
• Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
• Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta's child-safety deal and age verification
• Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI

Wall Street Analysts Forecast Growth

Several research firms recently commented on META. Wells Fargo & Company dropped their target price on Meta Platforms from $835.00 to $640.00 and set an "overweight" rating for the company in a research note on Thursday, July 30th. BNP Paribas Exane assumed coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They set an "outperform" rating on the stock. Sanford C. Bernstein reissued an "outperform" rating and set a $800.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Phillip Securities upgraded Meta Platforms to a "strong-buy" rating in a report on Monday, August 3rd. Finally, Erste Group Bank raised Meta Platforms from a "hold" rating to a "buy" rating in a research report on Tuesday, July 7th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $785.22.

Meta Platforms Trading Up 1.2%

Shares of NASDAQ:META opened at $578.02 on Friday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $790.80. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The company's 50-day moving average price is $592.28 and its 200 day moving average price is $611.61. The company has a market cap of $1.47 trillion, a PE ratio of 21.77, a P/E/G ratio of 0.98 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the business earned $7.14 earnings per share. Sell-side analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Insider Activity at Meta Platforms

In other news, COO Javier Olivan sold 3,348 shares of the business's stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the completion of the sale, the chief operating officer owned 9,498 shares of the company's stock, valued at approximately $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the transaction, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,957 shares of company stock valued at $20,442,696 over the last three months. Company insiders own 13.53% of the company's stock.

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.

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