Meta Platforms, Inc. $META is Greenwoods Asset Management Hong Kong Ltd.'s Largest Position

Key Points

• Greenwoods Asset Management Hong Kong Ltd. has increased its stake in Meta Platforms by 10.3%, making it the largest position in its portfolio at 17.3% of total holdings, valued at $558.65 million.
• Meta Platforms recently reported strong quarterly earnings, with an EPS of $7.14, significantly exceeding analysts' expectations, and a revenue increase of 21.6% compared to the previous year.
• Insider sales included COO Javier Olivan selling shares worth $400,675 and CFO Susan J. Li selling $14 million worth of stock, reflecting decreases in their respective holdings.

Greenwoods Asset Management Hong Kong Ltd. grew its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 10.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 969,277 shares of the social networking company's stock after buying an additional 90,313 shares during the period. Meta Platforms makes up about 17.3% of Greenwoods Asset Management Hong Kong Ltd.'s holdings, making the stock its biggest holding. Greenwoods Asset Management Hong Kong Ltd.'s holdings in Meta Platforms were worth $558,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Groupama Asset Managment grew its stake in Meta Platforms by 19.8% in the 1st quarter. Groupama Asset Managment now owns 192,614 shares of the social networking company's stock worth $111,088,000 after buying an additional 31,897 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its stake in Meta Platforms by 7.6% in the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 655,434 shares of the social networking company's stock worth $377,766,000 after buying an additional 46,047 shares in the last quarter. JT Stratford LLC grew its stake in Meta Platforms by 11.1% in the 1st quarter. JT Stratford LLC now owns 16,509 shares of the social networking company's stock worth $9,515,000 after buying an additional 1,646 shares in the last quarter. Berkshire Asset Management LLC PA grew its stake in Meta Platforms by 5.1% in the 1st quarter. Berkshire Asset Management LLC PA now owns 3,810 shares of the social networking company's stock worth $2,279,000 after buying an additional 186 shares in the last quarter. Finally, Two Star Manager LLC grew its stake in Meta Platforms by 7.9% in the 1st quarter. Two Star Manager LLC now owns 29,252 shares of the social networking company's stock worth $16,860,000 after buying an additional 2,141 shares in the last quarter. Hedge funds and other institutional investors own 79.91% of the company's stock.

Insider Transactions at Meta Platforms

In other news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $775.00, for a total value of $400,675.00. Following the completion of the sale, the chief operating officer directly owned 13,128 shares of the company's stock, valued at approximately $10,174,200. This trade represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the firm'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 sale, the chief financial officer directly owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 313,803 shares of company stock worth $235,276,424. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Trading Down 0.5%

NASDAQ:META opened at $747.72 on Thursday. The company has a fifty day moving average of $727.95 and a 200 day moving average of $657.05. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $1.88 trillion, a P/E ratio of 27.07, a P/E/G ratio of 1.56 and a beta of 1.27.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The company had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same period in the prior year, the business posted $5.16 EPS. The firm's revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, research analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms's dividend payout ratio (DPR) is currently 7.60%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on META shares. JMP Securities upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research note on Thursday, July 31st. Evercore ISI upped their price objective on shares of Meta Platforms from $725.00 to $750.00 and gave the company an "outperform" rating in a research note on Thursday, May 1st. Susquehanna cut their price objective on shares of Meta Platforms from $800.00 to $700.00 and set a "positive" rating for the company in a research note on Thursday, May 1st. Piper Sandler upped their price objective on shares of Meta Platforms from $808.00 to $880.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $920.00 price objective on shares of Meta Platforms in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and a consensus 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.

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