Greenbrier Partners Capital Management LLC Reduces Holdings in Meta Platforms, Inc. $META

Key Points

• Greenbrier Partners Capital Management LLC reduced its stake in Meta Platforms, Inc. by 0.4% in Q1, holding 402,079 shares valued at $231.7 million, which makes up approximately 18.1% of its investment portfolio.
• Insider Jennifer Newstead sold 519 shares of Meta stock for about $389,493, while CFO Susan J. Li sold 18,332 shares valued at approximately $14 million, leading to a total of 312,767 shares sold by insiders over the last quarter.
• Meta Platforms reported a strong Q2 with a $7.14 EPS, exceeding estimates, and had a revenue of $47.52 billion, marking a 21.6% increase year-over-year.

Greenbrier Partners Capital Management LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 402,079 shares of the social networking company's stock after selling 1,756 shares during the quarter. Meta Platforms makes up approximately 18.1% of Greenbrier Partners Capital Management LLC's investment portfolio, making the stock its 2nd largest holding. Greenbrier Partners Capital Management LLC's holdings in Meta Platforms were worth $231,742,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Inlight Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms in the first quarter valued at about $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms in the first quarter valued at about $33,000. JCIC Asset Management Inc. raised its position in shares of Meta Platforms by 102.6% in the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after purchasing an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. bought a new position in shares of Meta Platforms in the fourth quarter valued at about $47,000. 79.91% of the stock is owned by institutional investors.

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $750.47, for a total transaction of $389,493.93. Following the completion of the sale, the insider owned 32,427 shares of the company's stock, valued at $24,335,490.69. This trade represents a 1.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. 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 Stock Up 0.3%

Meta Platforms stock opened at $737.05 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25. The firm has a 50 day moving average price of $737.56 and a two-hundred day moving average price of $659.04. The firm has a market cap of $1.85 trillion, a price-to-earnings ratio of 26.69, a PEG ratio of 1.53 and a beta of 1.24.

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 company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Canaccord Genuity Group upped their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Cantor Fitzgerald restated an "overweight" rating and issued a $920.00 price target on shares of Meta Platforms in a research note on Wednesday, August 13th. Barclays increased their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. JPMorgan Chase & Co. increased their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Royal Bank Of Canada increased their price objective on shares of Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" 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 given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price 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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