Graham Capital Management L.P. Lowers Position in Meta Platforms, Inc. $META

Key Points

• Graham Capital Management L.P. sold 3,505 shares of Meta Platforms, Inc., reducing its stake by 9.2% and now holds 34,465 shares valued at approximately $19.86 million.
• Recent analysis from various firms, including UBS Group and Piper Sandler, has increased Meta's price targets, with the highest target now set at $920.00.
• Despite insider selling activities, with notable sales from Director Robert M. Kimmitt and CFO Susan J. Li, institutional investors own approximately 79.91% of Meta's stock.

Graham Capital Management L.P. trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 34,465 shares of the social networking company's stock after selling 3,505 shares during the quarter. Meta Platforms comprises about 0.3% of Graham Capital Management L.P.'s portfolio, making the stock its 21st biggest holding. Graham Capital Management L.P.'s holdings in Meta Platforms were worth $19,864,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of META. GAMMA Investing LLC increased its holdings in Meta Platforms by 67,172.9% in the 1st quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock worth $13,517,178,000 after purchasing an additional 23,417,803 shares in the last quarter. Invesco Ltd. increased its holdings in Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock worth $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Meta Platforms by 2.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company's stock worth $7,030,399,000 after purchasing an additional 280,357 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Meta Platforms by 2.5% in the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock worth $5,787,329,000 after purchasing an additional 247,850 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Zacks Research lowered shares of Meta Platforms from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 19th. Hsbc Global Res raised Meta Platforms from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 31st. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and lifted their target price for the stock from $610.00 to $900.00 in a report on Thursday, July 31st. UBS Group increased their price target on Meta Platforms from $812.00 to $897.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Needham & Company LLC upgraded Meta Platforms from an "underperform" rating to a "hold" rating in a research report on Thursday, July 3rd. Three investment 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 company's stock. According to data from MarketBeat, Meta Platforms presently has a consensus rating of "Moderate Buy" and a consensus target price of $822.41.

Meta Platforms Trading Down 0.5%

Shares of Meta Platforms stock traded down $3.59 on Tuesday, hitting $735.11. 9,294,340 shares of the company's stock traded hands, compared to its average volume of 9,485,708. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. 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 company has a fifty day moving average of $736.54 and a two-hundred day moving average of $657.96. The company has a market capitalization of $1.85 trillion, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24.

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

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of the 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 transaction, the chief financial officer owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Mark Zuckerberg sold 15,847 shares of the stock in a transaction that occurred on 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. Over the last quarter, insiders have sold 312,767 shares of company stock worth $234,716,347. Corporate insiders own 13.61% of the company's stock.

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.