14,147 Shares in Meta Platforms, Inc. $META Purchased by Bain Capital Public Equity LP

Key Points

• Bain Capital Public Equity LP has acquired a new position in Meta Platforms, Inc. by purchasing 14,147 shares valued at approximately $8.15 million, making it the fund's fourth largest position.
• Meta Platforms reported strong quarterly earnings, with an EPS of $7.14, surpassing analysts' expectations and reflecting a year-on-year revenue increase of 21.6%.
• Multiple institutional investors, including Belmont Capital LLC and Banque Transatlantique SA, have adjusted their holdings in Meta, indicating growing confidence in the stock among hedge funds and institutional investors.

Bain Capital Public Equity LP bought a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,147 shares of the social networking company's stock, valued at approximately $8,154,000. Meta Platforms accounts for approximately 8.9% of Bain Capital Public Equity LP's portfolio, making the stock its 4th biggest position.

Other institutional investors also recently bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Meta Platforms during the first quarter worth about $33,000. JCIC Asset Management Inc. grew its position in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after purchasing an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in shares of Meta Platforms during the fourth quarter worth about $47,000. Institutional investors own 79.91% of the company's stock.

Wall Street Analysts Forecast Growth

META has been the subject of several research analyst reports. Hsbc Global Res upgraded Meta Platforms from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 31st. Piper Sandler raised their price target on Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Roth Capital lifted their target price on Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. Sanford C. Bernstein lifted their target price on Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $920.00 price target on shares of Meta Platforms in a report on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Meta Platforms Stock Performance

Meta Platforms stock traded up $11.60 during trading hours on Thursday, hitting $748.65. 11,413,218 shares of the stock traded hands, compared to its average volume of 9,269,508. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The firm's 50 day moving average price is $738.01 and its 200-day moving average price is $659.12. The stock has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 27.11, a P/E/G ratio of 1.52 and a beta of 1.24. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25.

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

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $726.25, for a total transaction of $375,471.25. Following the sale, the chief operating officer owned 12,094 shares in the company, valued at approximately $8,783,267.50. The trade was a 4.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the business's stock in a transaction dated 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 transaction, the chief technology officer directly owned 1,799 shares of the company's stock, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 313,803 shares of company stock worth $235,468,742. 13.61% of the stock is owned by corporate insiders.

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.