Family Office Research LLC Increases Position in Meta Platforms, Inc. $META

Key Points

• Family Office Research LLC increased its stake in Meta Platforms by 59.4% in Q1, holding 1,355 shares valued at approximately $782,000.
• Hedge funds now own 79.91% of Meta Platforms, with several others, including Federation des caisses Desjardins du Quebec, also increasing their stakes this quarter.
• Meta Platforms reported a quarterly EPS of $7.14, surpassing estimates, and had a revenue of $47.52 billion, reflecting a 21.6% year-over-year increase.

Family Office Research LLC grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 59.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,355 shares of the social networking company's stock after buying an additional 505 shares during the period. Family Office Research LLC's holdings in Meta Platforms were worth $782,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Federation des caisses Desjardins du Quebec grew its stake in shares of Meta Platforms by 24.6% in the 1st quarter. Federation des caisses Desjardins du Quebec now owns 356,129 shares of the social networking company's stock valued at $205,303,000 after buying an additional 70,269 shares during the period. Atreides Management LP purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $138,205,000. Unisphere Establishment grew its stake in shares of Meta Platforms by 36.7% in the 1st quarter. Unisphere Establishment now owns 27,000 shares of the social networking company's stock valued at $15,562,000 after buying an additional 7,250 shares during the period. Contour Asset Management LLC purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $68,875,000. Finally, First Manhattan CO. LLC. grew its stake in shares of Meta Platforms by 16.2% in the 1st quarter. First Manhattan CO. LLC. now owns 121,343 shares of the social networking company's stock valued at $69,938,000 after buying an additional 16,907 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Analyst Ratings Changes

META has been the subject of several analyst reports. Scotiabank increased their price target on shares of Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a research note on Thursday, July 31st. Monness Crespi & Hardt increased their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Citigroup reaffirmed an "outperform" rating on shares of Meta Platforms in a research report on Thursday, July 31st. Hsbc Global Res raised shares of Meta Platforms from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st. Finally, Zacks Research cut shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $822.41.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Christopher K. Cox sold 60,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares of the company's stock, valued at $184,059,219.75. This represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 312,767 shares of company stock valued at $234,716,347 in the last 90 days. Company insiders own 13.61% of the company's stock.

Meta Platforms Stock Performance

Shares of META stock opened at $738.70 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The stock has a market capitalization of $1.86 trillion, a PE ratio of 26.75, a P/E/G ratio of 1.53 and a beta of 1.24. The firm has a 50 day moving average of $736.54 and a two-hundred day moving average of $657.96.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS 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 company had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter last year, the company posted $5.16 EPS. The firm's revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

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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