CapitalatWork S.A. Boosts Holdings in Meta Platforms, Inc. $META

Key Points

• CapitalatWork increased its Meta Platforms stake by 14% in the second quarter, adding 14,405 shares to own 116,973 shares valued at approximately $65.9 million. Meta now represents about 1.7% of the fund’s portfolio, while institutional investors collectively own 79.91% of the stock.
• Several other institutional investors also raised their Meta holdings, but insiders have been selling: executives sold 34,957 shares worth $20.4 million over the past 90 days, including significant sales by Curtis J. Mahoney and CTO Andrew Bosworth under pre-arranged trading plans.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $785.32. Meta’s latest quarter delivered 28% year-over-year revenue growth, although earnings per share missed estimates, and the company continues to face legal and regulatory risks tied to youth safety.

CapitalatWork S.A. lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 14.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 116,973 shares of the social networking company's stock after acquiring an additional 14,405 shares during the quarter. Meta Platforms accounts for about 1.7% of CapitalatWork S.A.'s holdings, making the stock its 26th biggest holding. CapitalatWork S.A.'s holdings in Meta Platforms were worth $65,890,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Swiss Life Asset Management Ltd grew its holdings in shares of Meta Platforms by 7.1% during the 2nd quarter. Swiss Life Asset Management Ltd now owns 833,848 shares of the social networking company's stock valued at $469,698,000 after purchasing an additional 55,136 shares during the last quarter. Retirement Systems of Alabama lifted its stake in Meta Platforms by 10.4% in the second quarter. Retirement Systems of Alabama now owns 777,021 shares of the social networking company's stock worth $437,688,000 after purchasing an additional 73,049 shares during the last quarter. Baker Avenue Asset Management LP boosted its position in Meta Platforms by 7.4% during the second quarter. Baker Avenue Asset Management LP now owns 47,553 shares of the social networking company's stock valued at $26,786,000 after buying an additional 3,287 shares during the period. Ducere Wealth Management LLC boosted its position in Meta Platforms by 46.7% during the second quarter. Ducere Wealth Management LLC now owns 851 shares of the social networking company's stock valued at $479,000 after buying an additional 271 shares during the period. Finally, Red Crane Wealth Management LLC grew its stake in shares of Meta Platforms by 20.0% during the second quarter. Red Crane Wealth Management LLC now owns 2,728 shares of the social networking company's stock valued at $1,537,000 after buying an additional 455 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insiders Place Their Bets

In related news, insider Curtis J. Mahoney sold 1,559 shares of the firm's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $869,922.00. Following the completion of the sale, the insider owned 1,957 shares of the company's stock, valued at $1,092,006. This trade represents a 44.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the sale, the chief technology officer owned 828 shares in the company, valued at approximately $462,024. This trade represents a 90.46% 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 have sold 34,957 shares of company stock worth $20,442,696 in the last ninety days. Insiders own 13.53% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on META shares. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $725.00 target price (down from $825.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Citizens Jmp reduced their price target on Meta Platforms from $800.00 to $770.00 and set a "market outperform" rating on the stock in a research report on Thursday, July 30th. Rothschild & Co Redburn lifted their price target on Meta Platforms from $900.00 to $1,000.00 and gave the stock a "buy" rating in a research note on Tuesday, July 21st. Royal Bank Of Canada reiterated an "outperform" rating and issued a $810.00 price objective on shares of Meta Platforms in a research report on Monday, June 1st. Finally, Benchmark started coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set a "buy" rating for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, Meta Platforms has a consensus rating of "Moderate Buy" and an average target price of $785.32.

Meta Platforms News Summary

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

• Positive Sentiment: Settlement ends a high-profile trial and reduces legal uncertainty. Meta agreed to pay up to roughly $16.7 billion–$18 billion to settle claims brought by dozens of states alleging that Facebook and Instagram harmed or misled young users. Investors appear to prefer a defined cost over the possibility of much larger damages or an adverse trial ruling. The payout is substantial but reportedly equivalent to only several months of Meta’s profits. Reuters settlement report
• Positive Sentiment: Restrictions are less disruptive than a fundamental business overhaul. The agreement requires measures including two-hour daily limits for teenage users, overnight blocking, muted school-hour notifications, autoplay controls, parental tools and stronger age verification. However, Meta is not required to abandon personalized recommendations or targeted advertising, preserving the core of its advertising model. Associated Press settlement report
• Neutral Sentiment: Investors continue to highlight Meta’s advertising and AI potential. A bullish analysis points to improving ad-ranking algorithms, rising ad impressions and pricing, strong network effects and Meta’s AA- credit rating. Evercore ISI also sees possible future revenue from excess AI-computing capacity as Meta expands its data-center infrastructure. These catalysts compete with concerns that the stock has declined in recent months and remains below its longer-term moving averages. Invezz AI infrastructure analysis
• Negative Sentiment: The settlement creates meaningful financial and regulatory costs. The maximum payment could reach $18 billion, while usage limits may reduce teen engagement and potentially weaken future advertising data and impressions. Reports also question whether Meta’s age-verification technology works reliably, and the company’s final obligations could become stricter if TikTok, YouTube and other competitors adopt similar safeguards. Meta still faces thousands of additional youth-related lawsuits. TechCrunch age-verification report

Meta Platforms Stock Up 1.1%

NASDAQ META opened at $576.14 on Thursday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The stock has a market capitalization of $1.47 trillion, a PE ratio of 21.70, a PEG ratio of 0.97 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The business's 50-day moving average is $592.39 and its 200 day moving average is $612.48.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data 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 business had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the business posted $7.14 EPS. Sell-side analysts forecast that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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