Meta Platforms, Inc. $META Holdings Raised by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. has increased its stake in Meta Platforms, Inc. by 13.8%, holding 35,385 shares worth approximately $20.4 million as of the latest SEC filing.
• Insiders have sold a total of 312,767 shares worth nearly $235 million recently, with CFO Susan J. Li and insider Christopher K. Cox significantly reducing their positions.
• Brokerages have recently increased their price targets for Meta, with Wedbush raising it from $750 to $920, and the company currently holds a consensus rating of "Moderate Buy".

Edmond DE Rothschild Holding S.A. increased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 13.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,385 shares of the social networking company's stock after purchasing an additional 4,292 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Meta Platforms were worth $20,394,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Inlight Wealth Management LLC purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Meta Platforms during the 1st quarter valued at $33,000. JCIC Asset Management Inc. lifted its holdings 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 in the last quarter. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of Meta Platforms in the fourth quarter worth $47,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of the business's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the completion of the transaction, the chief financial officer 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider owned 237,205 shares of the company's stock, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 312,767 shares of company stock worth $234,716,347 in the last quarter. 13.61% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on META. Wedbush lifted their price target on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. Raymond James Financial increased their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a research report on Thursday, July 31st. Barclays boosted their price objective on shares of Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Finally, Citigroup reiterated an "outperform" rating on shares of Meta Platforms in a research note on Thursday, July 31st. Three 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 an average target price of $822.41.

Meta Platforms Stock Performance

META 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. The company has a market cap of $1.85 trillion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24. The stock has a 50-day moving average of $737.56 and a 200-day moving average of $659.04. Meta Platforms, Inc. has a 52-week low of $479.80 and a 52-week high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping the consensus estimate of $5.75 by $1.39. The firm had revenue of $47.52 billion during 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%.The company's revenue for the quarter was up 21.6% on a year-over-year basis. During the same period in the previous year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

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.

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