Bain Capital Public Equity Management II LLC Buys Shares of 165,992 Meta Platforms, Inc. $META

Key Points

• Bain Capital Public Equity Management II LLC has made a significant investment in Meta Platforms, Inc., purchasing 165,992 shares worth approximately $95.67 million, which constitutes 7.5% of its total portfolio.
• Meta's stock saw a strong quarterly performance, reporting earnings of $7.14 per share, significantly exceeding analyst expectations of $5.75, alongside a revenue of $47.52 billion.
• Institutional investors now hold 79.91% of Meta's stock, reflecting strong interest and confidence from major financial players in the company's future prospects.

Bain Capital Public Equity Management II LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 165,992 shares of the social networking company's stock, valued at approximately $95,671,000. Meta Platforms makes up 7.5% of Bain Capital Public Equity Management II LLC's portfolio, making the stock its 6th largest holding.

Other institutional investors have also recently bought and sold shares of the company. Csenge Advisory Group raised its stake in shares of Meta Platforms by 12.0% during the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. Suvretta Capital Management LLC raised its stake in shares of Meta Platforms by 1.1% during the 4th quarter. Suvretta Capital Management LLC now owns 170,338 shares of the social networking company's stock worth $99,735,000 after purchasing an additional 1,850 shares in the last quarter. Skye Global Management LP raised its stake in shares of Meta Platforms by 130.9% during the 4th quarter. Skye Global Management LP now owns 76,200 shares of the social networking company's stock worth $44,616,000 after purchasing an additional 43,200 shares in the last quarter. ARQ Wealth Advisors LLC raised its stake in shares of Meta Platforms by 4.5% during the 1st quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after purchasing an additional 34 shares in the last quarter. Finally, JMG Financial Group Ltd. bought a new stake in shares of Meta Platforms during the 1st quarter worth approximately $284,000. Institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on META shares. TD Cowen upped their price objective on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Morgan Stanley upped their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Piper Sandler increased their price target on Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Zacks Research cut Meta Platforms from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 19th. Finally, Guggenheim restated a "buy" rating and issued a $800.00 price target (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Stock Performance

NASDAQ META traded up $3.80 on Friday, reaching $752.45. The stock had a trading volume of 9,655,823 shares, compared to its average volume of 9,390,477. 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 has a fifty day moving average of $738.39 and a two-hundred day moving average of $659.37. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a market cap of $1.89 trillion, a P/E ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company's revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Insider Activity at Meta Platforms

In other news, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $784.32, for a total transaction of $364,708.80. Following the sale, the director directly owned 8,877 shares of the company's stock, valued at approximately $6,962,408.64. This represents a 4.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $726.25, for a total value of $376,923.75. Following the sale, the insider directly owned 31,908 shares in the company, valued at approximately $23,173,185. This trade represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 312,341 shares of company stock worth $234,443,690 in the last quarter. 13.61% of the stock is currently owned by corporate insiders.

Meta Platforms Profile

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.