KADENSA CAPITAL Ltd Purchases 22,142 Shares of Meta Platforms, Inc. $META

Key Points

• KADENSA CAPITAL Ltd significantly increased its stake in Meta Platforms, boosting holdings by 872.4% to own 24,680 shares valued at approximately $14.2 million.
• Meta Platforms reported earnings of $7.14 EPS in its latest quarterly earnings, surpassing estimates, with revenues reaching $47.52 billion, up 21.6% year-over-year.
• A number of analysts raised their price targets for Meta, with several now predicting values between $850 and $920, reflecting strong institutional interest and confidence in the company's performance.

KADENSA CAPITAL Ltd raised its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 872.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,680 shares of the social networking company's stock after purchasing an additional 22,142 shares during the period. Meta Platforms accounts for about 1.8% of KADENSA CAPITAL Ltd's holdings, making the stock its 26th biggest position. KADENSA CAPITAL Ltd's holdings in Meta Platforms were worth $14,225,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of META. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms during the 1st quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms in the 1st quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms in the 1st quarter worth approximately $33,000. JCIC Asset Management Inc. grew its stake in Meta Platforms by 102.6% in the 1st quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after buying an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new position in Meta Platforms in the 4th quarter worth approximately $47,000. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Up 0.5%

NASDAQ META traded up $3.80 during trading on Friday, hitting $752.45. The company had a trading volume of 9,655,823 shares, compared to its average volume of 9,390,477. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The company's fifty day moving average is $738.39 and its 200-day moving average is $659.06.

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

Analyst Ratings Changes

A number of research firms have commented on META. Citigroup reissued an "outperform" rating on shares of Meta Platforms in a research note on Thursday, July 31st. Needham & Company LLC raised shares of Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. Monness Crespi & Hardt upped their price objective on shares of Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. 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. Finally, Citizens Jmp upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms has a consensus rating of "Moderate Buy" and an average price target of $822.41.

Insider Buying and Selling

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $753.43, for a total transaction of $11,939,605.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 312,341 shares of company stock worth $234,443,690 in the last three months. 13.61% of the stock is owned by corporate insiders.

Meta Platforms 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.