Meta Platforms, Inc. $META Shares Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 93.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,295 shares of the social networking company's stock after purchasing an additional 1,592 shares during the quarter. Meta Platforms accounts for approximately 1.1% of Collaborative Fund Advisors LLC's investment portfolio, making the stock its 21st biggest holding. Collaborative Fund Advisors LLC's holdings in Meta Platforms were worth $1,856,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of META. Vanguard Group Inc. grew its holdings in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock worth $132,015,115,000 after acquiring an additional 7,269,279 shares during the period. Auto Owners Insurance Co lifted its holdings in Meta Platforms by 76,587.7% in the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company's stock valued at $69,502,379,000 after acquiring an additional 105,154,977 shares during the period. State Street Corp boosted its position in Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company's stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares in the last quarter. Geode Capital Management LLC boosted its position in Meta Platforms by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company's stock worth $34,734,628,000 after purchasing an additional 878,396 shares in the last quarter. Finally, Capital World Investors grew its stake in shares of Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company's stock worth $26,112,735,000 after purchasing an additional 310,947 shares during the period. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Up 1.2%

Shares of NASDAQ:META opened at $578.02 on Friday. The business's 50 day moving average price is $592.28 and its 200-day moving average price is $611.61. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The firm has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly 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). The company had revenue of $60.80 billion during the quarter, compared to analysts' expectations of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.Meta Platforms's revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.14 EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Meta Platforms News Summary

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

Several research firms have recently weighed in on META. KeyCorp cut their target price on shares of Meta Platforms from $790.00 to $780.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Guggenheim reissued a "buy" rating and set a $800.00 price target on shares of Meta Platforms in a report on Tuesday, July 28th. Citigroup dropped their price target on shares of Meta Platforms from $850.00 to $800.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Benchmark reaffirmed a "hold" rating on shares of Meta Platforms in a report on Thursday. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $800.00 price objective on shares of Meta Platforms in a research report on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $785.22.

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 7,848 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the sale, the chief technology officer owned 828 shares of the company's stock, valued at $462,024. The trade was a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 1,258 shares of the company's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $600.00, for a total transaction of $754,800.00. Following the transaction, the chief operating officer owned 1,517 shares of the company's stock, valued at approximately $910,200. This trade represents a 45.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 34,957 shares of company stock valued at $20,442,696. 13.53% of the stock is owned by company insiders.

Meta Platforms Company 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source