Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Has $52.75 Million Stock Holdings in Meta Platforms, Inc. $META

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,642 shares of the social networking company's stock after selling 4,837 shares during the period. Meta Platforms comprises 2.2% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD's portfolio, making the stock its 13th biggest holding. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD's holdings in Meta Platforms were worth $52,748,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. First National Bank Sioux Falls lifted its position in shares of Meta Platforms by 0.7% during the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company's stock worth $1,321,000 after buying an additional 14 shares during the period. Levin Capital Strategies L.P. grew its position in Meta Platforms by 1.4% in the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company's stock valued at $649,000 after acquiring an additional 14 shares during the period. Vista Capital Partners Inc. grew its position in Meta Platforms by 1.3% in the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock valued at $794,000 after acquiring an additional 14 shares during the period. Acorn Creek Capital LLC raised its stake in Meta Platforms by 0.7% during the fourth quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company's stock worth $1,398,000 after acquiring an additional 15 shares in the last quarter. Finally, Objective Capital Management LLC raised its stake in Meta Platforms by 2.8% during the fourth quarter. Objective Capital Management LLC now owns 553 shares of the social networking company's stock worth $365,000 after acquiring an additional 15 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta opened paid developer access to Muse Spark 1.3, with company executives and analysts claiming the model is approaching or matching offerings from Anthropic and OpenAI. Improved performance and token efficiency could support adoption in coding agents, model APIs, subscriptions and future generative-search advertising. Meta Platforms: Muse Spark 1.3 Was The Warning Shot
• Positive Sentiment: Recent coverage identifies Muse Spark 1.3 as a new catalyst that could improve confidence in Meta’s AI roadmap and help the company recover toward its prior highs, provided the technology translates into revenue and returns on investment. Meta Rises 4% as Muse Spark 1.3 Claims Parity with Anthropic and OpenAI
• Positive Sentiment: Some investment commentary views Meta as a major beneficiary of the ongoing AI infrastructure and computing cycle, alongside other hyperscalers, potentially creating a long-term growth opportunity. Hyperscalers Are the Backbone of AI

Analyst Ratings Changes

Several brokerages have recently commented on META. Cantor Fitzgerald reduced their target price on shares of Meta Platforms from $770.00 to $680.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Benchmark reiterated a "hold" rating on shares of Meta Platforms in a research report on Thursday, August 27th. Raymond James Financial lifted their price target on shares of Meta Platforms from $825.00 to $850.00 and gave the company a "strong-buy" rating in a report on Tuesday, July 21st. The Goldman Sachs Group reduced their price target on shares of Meta Platforms from $815.00 to $725.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, Mizuho set a $750.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $785.22.

Insider Activity

In other Meta Platforms news, COO Javier Olivan sold 1,258 shares of the firm's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $600.00, for a total value of $754,800.00. Following the completion of the sale, the chief operating officer owned 1,517 shares in the company, valued at approximately $910,200. This trade represents a 45.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis Mahoney sold 1,559 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $869,922.00. Following the completion of the transaction, the insider directly owned 1,957 shares of the company's stock, valued at approximately $1,092,006. This represents a 44.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 32,987 shares of company stock worth $19,202,995. 13.53% of the stock is currently owned by insiders.

Meta Platforms Price Performance

Shares of META stock opened at $616.77 on Friday. The stock's fifty day moving average is $596.16 and its 200-day moving average is $609.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The stock has a market capitalization of $1.57 trillion, a PE ratio of 23.23, a PEG ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $790.80.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts' consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same quarter last year, the business posted $7.14 earnings per share. The business's quarterly revenue was up 28.0% compared to the same quarter last year. Equities research analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current fiscal year.

About Meta Platforms

Meta Platforms, Inc NASDAQ: META, formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta's core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

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