Coppell Advisory Solutions LLC Raises Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Coppell Advisory Solutions LLC significantly increased its stake in Meta Platforms, Inc. by 215.8% in Q1, owning 2,975 shares valued at approximately $1,715,000.
• Notable insider sales included CFO Susan J. Li selling 18,332 shares for around $14 million, impacting their ownership by 17.89%.
• Meta Platforms reported a strong quarter with earnings per share of $7.14, exceeding analysts' expectations, and a revenue increase of 21.6% year-over-year, totaling $47.52 billion.

Coppell Advisory Solutions LLC grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 215.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,975 shares of the social networking company's stock after buying an additional 2,033 shares during the quarter. Coppell Advisory Solutions LLC's holdings in Meta Platforms were worth $1,715,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Arete Wealth Advisors LLC increased its position in Meta Platforms by 18.0% in the first quarter. Arete Wealth Advisors LLC now owns 19,721 shares of the social networking company's stock worth $11,370,000 after buying an additional 3,003 shares in the last quarter. Strait & Sound Wealth Management LLC increased its position in Meta Platforms by 28.6% in the first quarter. Strait & Sound Wealth Management LLC now owns 5,795 shares of the social networking company's stock worth $3,340,000 after buying an additional 1,289 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Meta Platforms in the first quarter worth about $19,184,000. Everstar Asset Management LLC purchased a new stake in shares of Meta Platforms during the first quarter worth about $34,270,000. Finally, Challenger Wealth Management raised its stake in Meta Platforms by 39.4% during the 1st quarter. Challenger Wealth Management now owns 1,193 shares of the social networking company's stock valued at $688,000 after purchasing an additional 337 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insiders Place Their Bets

In other news, insider Jennifer Newstead sold 519 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $376,923.75. Following the sale, the insider owned 31,908 shares of the company's stock, valued at approximately $23,173,185. This represents a 1.60% 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. Also, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 304,358 shares of company stock valued at $228,847,292. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Price Performance

NASDAQ:META opened at $752.45 on Monday. The firm has a market capitalization of $1.89 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.55 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. The business has a 50 day simple moving average of $738.39 and a 200-day simple moving average of $658.81. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the prior year, the firm posted $5.16 earnings per share. The business's revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on META. Citigroup reaffirmed an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 31st. Canaccord Genuity Group upped their target price on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Monness Crespi & Hardt upped their target price on shares of Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Oppenheimer upped their target price on shares of Meta Platforms from $775.00 to $870.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Finally, KeyCorp upped their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $822.41.

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.

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