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

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its stake in Meta Platforms by 67,172.9% in the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock valued at $13,517,178,000 after acquiring an additional 23,417,803 shares during the period. Nuveen LLC acquired a new stake in Meta Platforms in the first quarter valued at approximately $2,990,544,000. Assenagon Asset Management S.A. grew its stake in Meta Platforms by 712.2% in the first quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock valued at $1,462,589,000 after acquiring an additional 2,225,186 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Meta Platforms in the fourth quarter valued at approximately $1,162,918,000. Finally, Goldman Sachs Group Inc. grew its stake in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after acquiring an additional 1,255,546 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.

Insiders Place Their Bets

In other news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This represents a 17.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Javier Olivan sold 517 shares of the company's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $375,471.25. Following the transaction, the chief operating officer directly owned 12,094 shares in the company, valued at $8,783,267.50. This represents a 4.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 312,341 shares of company stock valued at $234,443,690. Company insiders own 13.61% of the company's stock.

Meta Platforms Stock Up 0.5%

Shares of META stock traded up $3.80 during trading hours on Friday, reaching $752.45. The company had a trading volume of 9,655,823 shares, compared to its average volume of 9,390,477. The company has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. 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, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The business has a fifty day simple moving average of $738.39 and a 200-day simple moving average of $659.37.

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

Analyst Ratings Changes

A number of equities research analysts have commented on META shares. Monness Crespi & Hardt raised their price objective on Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and raised their price objective for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Raymond James Financial raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "strong-buy" rating in a research note on Thursday, July 31st. Roth Capital raised their target price on Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Finally, JPMorgan Chase & Co. raised their target price on Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $822.41.

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.