Meta Platforms, Inc. $META Shares Acquired by TrinityBridge Ltd

Key Points

• TrinityBridge increased its Meta stake by 57.4% in the third quarter, adding 40,650 shares to own 111,485 shares valued at about $80.9 million. Meta now represents 2.4% of the fund’s portfolio.
• Meta’s latest quarter beat analyst expectations, with earnings of $7.40 per share versus $6.54 expected and revenue of $64.6 billion, up 26.1% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $833.12.
• Meta shares opened at $610.15; institutional investors own about 79.9% of the stock. COO Javier Olivan sold 946 shares under a pre-arranged trading plan.

TrinityBridge Ltd lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 57.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 111,485 shares of the social networking company's stock after purchasing an additional 40,650 shares during the period. Meta Platforms accounts for about 2.4% of TrinityBridge Ltd's investment portfolio, making the stock its 12th biggest holding. TrinityBridge Ltd's holdings in Meta Platforms were worth $80,879,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Fairtree Asset Management Pty Ltd grew its holdings in Meta Platforms by 18.6% during the second quarter. Fairtree Asset Management Pty Ltd now owns 18,777 shares of the social networking company's stock valued at $10,577,000 after purchasing an additional 2,939 shares during the last quarter. Madison Wealth Partners Inc raised its position in shares of Meta Platforms by 33.6% in the second quarter. Madison Wealth Partners Inc now owns 3,031 shares of the social networking company's stock valued at $1,707,000 after purchasing an additional 763 shares during the period. William John Sempolinski bought a new position in shares of Meta Platforms in the second quarter valued at approximately $3,107,000. Sone Capital Management LLC lifted its stake in shares of Meta Platforms by 38.2% in the second quarter. Sone Capital Management LLC now owns 16,059 shares of the social networking company's stock worth $9,046,000 after buying an additional 4,440 shares during the last quarter. Finally, Lakewood Capital Management LP lifted its stake in shares of Meta Platforms by 63.7% in the second quarter. Lakewood Capital Management LP now owns 115,985 shares of the social networking company's stock worth $65,333,000 after buying an additional 45,130 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on META shares. DA Davidson upped their price objective on shares of Meta Platforms from $700.00 to $800.00 and gave the stock a "buy" rating in a report on Thursday, October 22nd. Phillip Securities upgraded shares of Meta Platforms from a "buy" rating to a "strong-buy" rating and dropped their target price for the stock from $795.00 to $750.00 in a report on Monday, August 3rd. Arete Research boosted their target price on shares of Meta Platforms from $735.00 to $806.00 and gave the stock a "buy" rating in a research report on Wednesday, September 16th. Needham & Company LLC reissued a "hold" rating on shares of Meta Platforms in a research report on Thursday, August 27th. Finally, Tigress Financial restated a "strong-buy" rating and set a $945.00 price target (down from $995.00) on shares of Meta Platforms in a report on Thursday, September 24th. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $833.12.

Meta Platforms Price Performance

META stock opened at $610.15 on Monday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. 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 company has a market cap of $1.56 trillion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 1.06 and a beta of 1.28. The business's 50-day simple moving average is $674.97 and its 200 day simple moving average is $632.16.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 EPS for the quarter, beating the consensus estimate of $6.54 by $0.86. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The firm had revenue of $64.60 billion during the quarter, compared to analysts' expectations of $63.34 billion. During the same quarter in the prior year, the firm posted $7.25 EPS. The company's revenue for the quarter was up 26.1% on a year-over-year basis. On average, research analysts anticipate that Meta Platforms, Inc. will post 29.01 earnings per share for the current year.

Meta Platforms Dividend Announcement

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

More Meta Platforms News

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

• Positive Sentiment: Meta launched Spaces, a collaboration feature for its Muse AI agents, following the rollout of Muse Voice. The new offerings may help strengthen user engagement and expand Meta’s consumer AI ecosystem. Meta introduces Spaces
• Positive Sentiment: Recent earnings commentary points to AI supporting Meta’s advertising operations, reinforcing the potential for the company’s AI investments to generate revenue. Takeaways from recent earnings
• Neutral Sentiment: Meta paused planned updates to its terms and is keeping existing rules in place. The move avoids an immediate policy change, though the underlying issues remain unresolved. Meta pauses planned terms updates
• Neutral Sentiment: Plans for new nonvoting Class C shares have been described as effectively creating a 2-for-1 split. A split changes the number of shares, but does not by itself change the company’s underlying value; the structure preserves Mark Zuckerberg’s voting control. Is Meta Platforms next for a stock split?
• Negative Sentiment: Meta and other platforms sued to block California restrictions on social-media features for users under 16. The case adds regulatory uncertainty and potential legal costs. Platforms sue over California teen social-media law
• Negative Sentiment: Meta warned that political backlash and possible limits on data-center construction could complicate its AI expansion. Its $15 billion senior-notes offering also highlights the scale of financing required for investment. Data-center expansion concerns
• Negative Sentiment: Reported ETF net selling and insider share sales may add short-term pressure, although the disclosed insider transaction was made under a pre-arranged trading plan. ETFs are net sellers of Meta Platforms

Insider Activity

In related news, COO Javier Olivan sold 946 shares of the company's stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $614.15, for a total value of $580,985.90. Following the completion of the transaction, the chief operating officer directly owned 4,094 shares in the company, valued at approximately $2,514,330.10. This represents a 18.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 149,398 shares of company stock worth $102,134,435 in the last quarter. Insiders own 13.42% of the company's stock.

Meta Platforms Company Profile

Meta Platforms, Inc is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world.

The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta's business, with its platforms providing tools for businesses to promote products and services.

Founded in 2004 as Facebook by Mark Zuckerberg and fellow students, the company changed its name to Meta Platforms in 2021 to reflect its broader focus on building social technologies and immersive digital experiences.

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