Gordian Capital Singapore Pte Ltd Acquires 4,100 Shares of Meta Platforms, Inc. $META

Key Points

• Gordian Capital Singapore Pte Ltd increased its stake in Meta Platforms, Inc. by 17.6% during Q1, now holding approximately $15.8 million worth of shares, making Meta its second largest position.
• Corporate insiders, including Christopher K. Cox and Mark Zuckerberg, have recently sold significant amounts of shares, with Cox selling 60,000 shares for $46.6 million.
• Equities analysts are optimistic about Meta's future, with revised price targets from various firms ranging from $811 to $920, indicating a consensus rating of "Moderate Buy."

Gordian Capital Singapore Pte Ltd grew its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 17.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,459 shares of the social networking company's stock after acquiring an additional 4,100 shares during the quarter. Meta Platforms accounts for 9.9% of Gordian Capital Singapore Pte Ltd's portfolio, making the stock its 2nd largest holding. Gordian Capital Singapore Pte Ltd's holdings in Meta Platforms were worth $15,836,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Csenge Advisory Group raised its stake in shares of Meta Platforms by 12.0% in the first quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock valued at $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% in the fourth quarter. Suvretta Capital Management LLC now owns 170,338 shares of the social networking company's stock valued at $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% in the fourth quarter. Skye Global Management LP now owns 76,200 shares of the social networking company's stock valued at $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% in the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock valued at $452,000 after purchasing an additional 34 shares in the last quarter. Finally, JMG Financial Group Ltd. acquired a new position in shares of Meta Platforms in the first quarter valued at $284,000. 79.91% of the stock is owned by institutional investors.

Meta Platforms Price Performance

Shares of NASDAQ:META traded down $12.41 during midday trading on Monday, reaching $738.70. The company's stock had a trading volume of 9,057,679 shares, compared to its average volume of 10,275,794. Meta Platforms, Inc. has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a market capitalization of $1.86 trillion, a P/E ratio of 26.75, a P/E/G ratio of 1.53 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. The business's fifty day simple moving average is $735.73 and its 200-day simple moving average is $657.95.

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 analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the company posted $5.16 earnings per share. The firm's quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold a total of 313,286 shares of company stock worth $235,064,596 over the last 90 days. Insiders own 13.61% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on META shares. Robert W. Baird upped their target price on Meta Platforms from $635.00 to $740.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Scotiabank increased their price objective on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. Loop Capital reiterated a "buy" rating and set a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a research note on Tuesday, August 5th. Morgan Stanley increased 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. Finally, UBS Group increased their price objective on Meta Platforms from $812.00 to $897.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Meta Platforms has an average rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Company 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.