Oriental Harbor Investment Fund Increases Stake in Meta Platforms, Inc. $META

Key Points

• Oriental Harbor Investment Fund increased its stake in Meta Platforms, Inc. by 8.6% during the first quarter, now owning approximately 181,073 shares valued at around $104.4 million.
• Several institutional investors, including GAMMA Investing LLC and Goldman Sachs Group, significantly raised their positions in Meta, with GAMMA increasing its holdings by an astonishing 67,172.9% to 23.45 million shares.
• Meta's latest earnings report showed a strong performance, with $7.14 EPS reported, surpassing the consensus estimate of $5.75 and demonstrating a year-over-year revenue growth of 21.6% to $47.52 billion.

Oriental Harbor Investment Fund increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 8.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 181,073 shares of the social networking company's stock after acquiring an additional 14,382 shares during the quarter. Meta Platforms comprises approximately 11.5% of Oriental Harbor Investment Fund's holdings, making the stock its 6th largest holding. Oriental Harbor Investment Fund's holdings in Meta Platforms were worth $104,363,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. 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 valued at $13,517,178,000 after buying an additional 23,417,803 shares during the period. Invesco Ltd. lifted its position in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock worth $10,184,163,000 after buying an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Meta Platforms by 8.8% during 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 buying an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company's stock worth $7,229,553,000 after buying an additional 536,160 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Meta Platforms by 2.4% during 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 buying an additional 280,357 shares in the last quarter. Institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Down 1.8%

Shares of NASDAQ:META traded down $13.72 during mid-day trading on Wednesday, reaching $751.98. The stock had a trading volume of 12,062,679 shares, compared to its average volume of 9,602,366. The firm has a market cap of $1.89 trillion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.24. The firm has a 50 day simple moving average of $740.37 and a two-hundred day simple moving average of $660.67. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion for 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%. Meta Platforms's revenue for the quarter was up 21.6% on a year-over-year basis. During the same period last year, the company posted $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 18,332 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares in the company, valued at $1,394,225. This trade represents a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 282,761 shares of company stock worth $213,726,766 over the last ninety days. Company insiders own 13.61% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. TD Cowen upped their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Piper Sandler upped their target price on shares of Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Guggenheim restated a "buy" rating and set a $800.00 target price (up from $725.00) on shares of Meta Platforms in a research report on Monday, July 28th. Finally, Sanford C. Bernstein upped their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $822.41.

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.