Meta Platforms, Inc. $META Shares Sold by Atmos Capital Gestao DE Recursos LTDA.

Key Points

• Atmos Capital Gestao DE Recursos LTDA. reduced its stake in Meta Platforms by 9.0%, holding 76,112 shares valued at $43,868,000 after selling 7,559 shares in the first quarter.
• Several large investors increased their positions in Meta, with Revolve Wealth Partners growing its holdings by 10.2% and Bank Pictet & Cie Europe AG by 3.5% in the fourth quarter.
• Meta reported earnings of $7.14 per share for the last quarter, exceeding estimates by $1.39, with a revenue of $47.52 billion, representing a 21.6% increase year-over-year.

Atmos Capital Gestao DE Recursos LTDA. reduced its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,112 shares of the social networking company's stock after selling 7,559 shares during the period. Meta Platforms comprises about 9.2% of Atmos Capital Gestao DE Recursos LTDA.'s portfolio, making the stock its 4th biggest holding. Atmos Capital Gestao DE Recursos LTDA.'s holdings in Meta Platforms were worth $43,868,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in META. Brighton Jones LLC grew its holdings in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in shares of Meta Platforms by 3.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock valued at $129,666,000 after purchasing an additional 7,587 shares during the period. Highview Capital Management LLC DE grew its holdings in shares of Meta Platforms by 3.7% in the fourth quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock valued at $3,624,000 after purchasing an additional 218 shares during the period. Finally, Triumph Capital Management grew its holdings in shares of Meta Platforms by 6.0% in the fourth quarter. Triumph Capital Management now owns 1,846 shares of the social networking company's stock valued at $1,081,000 after purchasing an additional 105 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Trading Down 0.0%

NASDAQ META opened at $752.30 on Tuesday. The firm has a 50 day simple moving average of $738.68 and a 200-day simple moving average of $659.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The firm has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The firm had revenue of $47.52 billion for the quarter, compared to analysts' expectations of $44.55 billion. During the same quarter last year, the company earned $5.16 earnings per share. The firm's revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Insider Transactions at Meta Platforms

In other news, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 290,046 shares of company stock worth $218,812,787. Insiders own 13.61% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on META shares. Sanford C. Bernstein lifted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Benchmark boosted their price target on shares of Meta Platforms from $800.00 to $890.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Citizens Jmp boosted their price target 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. Bank of America boosted their price target on shares of Meta Platforms from $775.00 to $900.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Wedbush boosted their price target on shares of Meta Platforms from $750.00 to $920.00 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 assigned a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and a consensus target price of $822.41.

About Meta Platforms

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.

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