Meta Platforms, Inc. $META Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 17.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,735 shares of the social networking company's stock after purchasing an additional 5,820 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Meta Platforms were worth $23,477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd grew its holdings in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after acquiring an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in Meta Platforms in the 2nd quarter valued at approximately $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms during the second quarter worth $322,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 9,196 shares of the company's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $561.56, for a total value of $280,780.00. Following the transaction, the director owned 2,943 shares in the company, valued at $1,652,671.08. This trade represents a 14.52% 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 90 days, insiders have sold 34,957 shares of company stock valued at $20,442,696. 13.53% of the stock is currently owned by company insiders.

Meta Platforms Stock Performance

Shares of META opened at $578.02 on Friday. 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 company has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 21.77, a PEG ratio of 0.98 and a beta of 1.25. The company's 50 day simple moving average is $592.28 and its 200 day simple moving average is $611.61. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The firm had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. During the same period in the previous year, the firm posted $7.14 earnings per share. The firm's revenue was up 28.0% on a year-over-year basis. On average, sell-side analysts predict that Meta Platforms, Inc. will post 28.5 EPS for the current year.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta's social media settlement leaves its money machine unscathed
• Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta's AI Bet Not Showing Returns, Yet
• Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
• Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
• Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta's child-safety deal and age verification
• Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI

Wall Street Analyst Weigh In

META has been the subject of several recent research reports. Benchmark restated a "hold" rating on shares of Meta Platforms in a report on Thursday. Evercore reissued an "outperform" rating on shares of Meta Platforms in a research note on Thursday, July 30th. Monness Crespi & Hardt cut their price objective on Meta Platforms from $890.00 to $730.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. Barclays reduced their target price on Meta Platforms from $830.00 to $780.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Finally, Wolfe Research reiterated an "outperform" rating and set a $700.00 target price on shares of Meta Platforms in a report on Thursday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus price target of $785.22.

Meta Platforms Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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