Gunderson Capital Management LLC Acquires 15,294 Shares of Meta Platforms, Inc. $META

Key Points

• Gunderson Capital Management acquired 15,294 Meta shares worth approximately $11.1 million, making Meta about 3% of its portfolio. Institutional investors collectively own 79.91% of the company.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year, but earnings of $6.18 per share fell short of analyst estimates. The company also pays a quarterly dividend of $0.525 per share, yielding approximately 0.3%.
• Analysts remain broadly bullish, with Meta carrying a “Moderate Buy” consensus rating and an average price target of $808.88, although several firms recently lowered their targets and investors continue to monitor heavy AI infrastructure spending and regulatory risks.

Gunderson Capital Management LLC acquired a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,294 shares of the social networking company's stock, valued at approximately $11,091,000. Meta Platforms makes up about 3.0% of Gunderson Capital Management LLC's investment portfolio, making the stock its 17th biggest position.

Several other large investors also recently made changes to their positions in the business. Auto Owners Insurance Co lifted its position in Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock worth $69,502,379,000 after buying an additional 105,154,977 shares in the last quarter. State Street Corp grew its holdings in Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock worth $51,841,811,000 after acquiring an additional 3,510,123 shares during the last quarter. Bank of America Corp DE grew its holdings in Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock worth $12,036,491,000 after acquiring an additional 2,673,494 shares during the last quarter. Invesco Ltd. grew its holdings in Meta Platforms by 6.1% during the 4th quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company's stock worth $12,013,948,000 after acquiring an additional 1,046,715 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Meta Platforms by 1.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company's stock valued at $7,230,426,000 after acquiring an additional 162,909 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $709.33 on Friday. The stock has a market capitalization of $1.81 trillion, a P/E ratio of 26.72, a P/E/G ratio of 1.27 and a beta of 1.19. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $779.82. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $655.78 and a two-hundred day moving average price of $625.86.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.14 earnings per share. Equities analysts predict that Meta Platforms, Inc. will post 28.15 earnings per share for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were paid a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms's payout ratio is 7.91%.

Insiders Place Their Bets

In other Meta Platforms news, CAO Aaron Anderson sold 3,240 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the transaction, the chief accounting officer directly owned 6,271 shares of the company's stock, valued at approximately $3,875,854.26. This trade represents a 34.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan Li sold 9,196 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 149,797 shares of company stock valued at $102,180,385 over the last three months. 13.53% of the stock is owned by insiders.

Trending Headlines about Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Bank of America expects Meta to exceed third-quarter revenue expectations, forecasting $63.8 billion versus a $63.3 billion consensus estimate, and maintained a Buy rating with an $810 price target. Meta expected to beat revenue forecasts as AI boosts advertising, says Bank of America
• Positive Sentiment: Meta released the open-weight Muse Spark model for coding and AI-agent tasks, while its collaboration with Apple enables developers to run the model locally on high-end Mac computers. The developments could broaden adoption of Meta’s AI technology and reduce reliance on cloud infrastructure. Meta releases open-weight Muse Spark model
• Positive Sentiment: JPMorgan reaffirmed its Overweight rating and set a $920 price target, implying substantial upside, while other analysts including KeyCorp and Rosenblatt also maintained positive ratings. JPMorgan reaffirms Meta rating
• Neutral Sentiment: Meta is expected to report third-quarter results on October 21. Investors will focus on advertising growth, user metrics, profitability, capital expenditures, and management’s outlook for AI infrastructure spending. Meta Q3 earnings estimates
• Neutral Sentiment: Meta withdrew $25 million from a previously announced $65 million effort to support political candidates considered favorable to the AI industry. The move may reduce near-term spending but signals a change in its political strategy. Meta Withdraws $25 Million from Its Midterms Push
• Negative Sentiment: Analyst-related pressure is weighing on the stock after Goldman Sachs lowered its expectations and Meta was reported down following an analyst downgrade, countering the more bullish JPMorgan view. Meta stock price down on analyst downgrade
• Negative Sentiment: Investors remain concerned that AI infrastructure spending could reach approximately $205 billion in 2027. Heavy capital expenditures are reducing free cash flow, while potential legal charges and regulatory scrutiny add to earnings risk. Meta AI spending could hit $205 billion
• Negative Sentiment: Seven U.S. senators are questioning Meta’s claim of $6.6 billion in research tax credits for AI data centers, creating potential tax liability and reputational risk. Senators question Meta AI data-center tax credits

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $800.00 target price (down from $850.00) on shares of Meta Platforms in a research note on Thursday, July 30th. Wolfe Research reissued an "outperform" rating and set a $700.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Daiwa Securities Group lowered their price target on shares of Meta Platforms from $790.00 to $687.00 and set a "buy" rating for the company in a report on Tuesday, August 4th. New Street Research lowered their price target on shares of Meta Platforms from $730.00 to $700.00 and set a "buy" rating for the company in a report on Friday, July 31st. Finally, The Goldman Sachs Group dropped their price objective on shares of Meta Platforms from $860.00 to $762.00 and set a "buy" rating for the company in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and an average target price of $808.88.

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.

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