Meta Platforms, Inc. $META Shares Acquired by Credit Capital Investments LLC

Key Points

• Credit Capital Investments increased its Meta stake by 46.5% in the third quarter, reaching 6,300 shares valued at approximately $4.57 million. Institutional investors collectively own 79.91% of Meta’s outstanding stock.
• Meta reported quarterly results above expectations, with EPS of $7.40 versus the $6.54 consensus and revenue of $64.60 billion, up 26.1% year over year.
• Meta’s shares opened at $612.49, below their 50-day and 200-day moving averages, while analysts maintained a broadly positive outlook with a “Moderate Buy” consensus and an average price target of $833.12.

Credit Capital Investments LLC increased its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 46.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,300 shares of the social networking company's stock after buying an additional 2,000 shares during the period. Meta Platforms comprises approximately 2.0% of Credit Capital Investments LLC's holdings, making the stock its 9th biggest holding. Credit Capital Investments LLC's holdings in Meta Platforms were worth $4,569,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in META. Corient Private Wealth LP increased its position in shares of Meta Platforms by 723.1% during the second quarter. Corient Private Wealth LP now owns 8,801,764 shares of the social networking company's stock worth $4,957,946,000 after acquiring an additional 7,732,446 shares during the last quarter. Jupiter Topco LLC purchased a new position in Meta Platforms in the second quarter valued at about $2,948,486,000. State Street Corp boosted its holdings in Meta Platforms by 4.0% in the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company's stock valued at $51,841,811,000 after purchasing an additional 3,510,123 shares during the last quarter. Bank of America Corp DE grew its stake in Meta Platforms by 14.6% during the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company's stock valued at $12,036,491,000 after purchasing an additional 2,673,494 shares in the last quarter. Finally, Amundi grew its stake in Meta Platforms by 18.1% during the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company's stock valued at $6,784,873,000 after purchasing an additional 1,815,017 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Trading Down 1.2%

NASDAQ:META opened at $612.49 on Thursday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The business's 50 day moving average is $667.08 and its two-hundred day moving average is $632.53. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The company has a market cap of $1.56 trillion, a PE ratio of 20.88, a P/E/G ratio of 1.12 and a beta of 1.19.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The social networking company reported $7.40 earnings per share for the quarter, beating analysts' consensus estimates of $6.54 by $0.86. The business had revenue of $64.60 billion during the quarter, compared to the consensus estimate of $63.34 billion. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The business's quarterly revenue was up 26.1% on a year-over-year basis. During the same period in the previous year, the business earned $7.25 EPS. On average, analysts predict that Meta Platforms, Inc. will post 28.98 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were paid a dividend of $0.5250 per share. The ex-dividend date was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms's payout ratio is presently 7.16%.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta priced a $25 billion Class A common-stock offering and a $12.5 billion mandatory convertible preferred-stock offering, with proceeds earmarked for its artificial-intelligence infrastructure. The common offering reportedly attracted demand several times greater than the shares available, suggesting institutional interest in Meta’s AI strategy. Meta offering pricing
• Positive Sentiment: Nvidia plans to invest $3 billion in Meta and expand its partnership around Meta’s Muse AI assistant and models. The deal provides third-party validation for Meta’s AI ambitions and may help secure access to Nvidia hardware. Nvidia invests in Meta partnership
• Positive Sentiment: Meta’s core advertising business remains strong: ad impressions increased 10% year over year, average ad prices rose 14%, and AI improvements reportedly lifted app-ad conversions by 9.6%. Early adoption of Muse and new AI experiments such as Waddle World could create future commerce and subscription revenue. Meta AI risk and reward
• Neutral Sentiment: Meta delayed indefinitely the rollout of new commercial terms after publisher objections. The move could reduce near-term conflict but leaves unresolved questions about the company’s relationship with media organizations and use of publisher content. Meta delays commercial terms
• Negative Sentiment: The major concern is dilution: Meta is pursuing nearly $98 billion in equity financing, including new common and convertible preferred securities. Investors appear worried that the funding will reduce per-share value even if it finances long-term AI growth. Meta stock analysis and dilution
• Negative Sentiment: AI investment is weighing heavily on near-term financials. Capital expenditures reached $34.9 billion, producing negative free cash flow of $2.1 billion, while higher spending and legal costs pressured margins. This has led some analysts to downgrade the stock, despite revenue exceeding expectations. Meta AI spending downgrade
• Negative Sentiment: Meta COO Javier Olivan sold shares worth approximately $1.0 million in two transactions. Both sales were executed under a pre-arranged Rule 10b5-1 plan, reducing their significance as a signal of management’s outlook. SEC insider transaction filing

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 946 shares of the firm's stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $640.00, for a total value of $605,440.00. Following the transaction, the chief operating officer directly owned 5,040 shares in the company, valued at approximately $3,225,600. This trade represents a 15.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 150,015 shares of company stock worth $102,464,300 over the last 90 days. 13.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on META shares. Raymond James Financial lifted their price objective on Meta Platforms from $650.00 to $860.00 and gave the stock a "strong-buy" rating in a report on Thursday, September 24th. New Street Research reduced their target price on Meta Platforms from $730.00 to $700.00 and set a "buy" rating for the company in a research note on Friday, July 31st. BMO Capital Markets raised their price target on shares of Meta Platforms from $580.00 to $685.00 and gave the stock a "market perform" rating in a research report on Thursday, October 22nd. Moffett Nathanson dropped their price target on shares of Meta Platforms from $800.00 to $740.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. Finally, Citigroup lifted their price target on shares of Meta Platforms from $895.00 to $905.00 and gave the stock a "buy" rating in a research note on Thursday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $833.12.

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company's principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.

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