Landscape Capital Management L.L.C. Lowers Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Landscape Capital Management L.L.C. reduced its holdings in Meta Platforms, Inc. by 31.5%, resulting in ownership of 4,431 shares valued at approximately $2,554,000.
• Insider transactions included CTO Andrew Bosworth selling 11,694 shares for about $9.06 million, marking a significant 86.67% decrease in his position.
• The stock analysts have recently raised their price targets for Meta Platforms, with JMP Securities increasing their price objective from $750 to $900, reflecting a generally optimistic outlook for the company's future performance.

Landscape Capital Management L.L.C. lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 31.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 4,431 shares of the social networking company's stock after selling 2,037 shares during the period. Landscape Capital Management L.L.C.'s holdings in Meta Platforms were worth $2,554,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of META. Csenge Advisory Group lifted its holdings in Meta Platforms by 12.0% in the 1st quarter. Csenge Advisory Group now owns 9,539 shares of the social networking company's stock worth $5,498,000 after purchasing an additional 1,019 shares in the last quarter. Suvretta Capital Management LLC lifted its holdings 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 worth $99,735,000 after buying an additional 1,850 shares in the last quarter. Skye Global Management LP boosted its position in shares of Meta Platforms by 130.9% during the fourth quarter. Skye Global Management LP now owns 76,200 shares of the social networking company's stock worth $44,616,000 after acquiring an additional 43,200 shares during the last quarter. ARQ Wealth Advisors LLC boosted its position in shares of Meta Platforms by 4.5% during the first quarter. ARQ Wealth Advisors LLC now owns 785 shares of the social networking company's stock worth $452,000 after acquiring an additional 34 shares during the last quarter. Finally, JMG Financial Group Ltd. purchased a new position in Meta Platforms during the first quarter valued at $284,000. 79.91% of the stock is owned by institutional investors.

Insider Transactions at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the transaction, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. This represents a 86.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Javier Olivan sold 517 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $755.11, for a total transaction of $390,391.87. Following the completion of the sale, the chief operating officer directly owned 12,611 shares in the company, valued at $9,522,692.21. This trade represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 313,803 shares of company stock worth $235,398,025. 13.61% of the stock is currently owned by insiders.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $751.11 on Friday. The stock has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 1.54 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The stock has a 50 day moving average price of $734.61 and a 200-day moving average price of $658.77. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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%.Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Wall Street Analyst Weigh In

META has been the subject of several research reports. JMP Securities increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a report on Thursday, July 31st. Truist Financial boosted their target price on Meta Platforms from $700.00 to $720.00 and gave the stock a "buy" rating in a research report on Thursday, May 1st. Piper Sandler increased their price target on Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Royal Bank Of Canada raised their price target on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, The Goldman Sachs Group upped their price objective on Meta Platforms from $685.00 to $690.00 and gave the stock a "buy" rating in a report on Thursday, May 1st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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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