BW Gestao de Investimentos Ltda. Has $2.19 Million Holdings in Meta Platforms, Inc. $META

Key Points

• BW Gestao de Investimentos Ltda. significantly reduced its stake in Meta Platforms, Inc. by 83.3% during the 1st quarter, holding only 3,801 shares valued at approximately $2.19 million after the sale.
• Meta reported a strong quarterly performance with $7.14 EPS, surpassing analyst estimates of $5.75, and revenue of $47.52 billion, up 21.6% year-over-year.
• Institutional investors own 79.91% of Meta's stock, with recent acquisitions from several funds indicating continued interest in the company.

BW Gestao de Investimentos Ltda. decreased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 83.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,801 shares of the social networking company's stock after selling 18,937 shares during the quarter. BW Gestao de Investimentos Ltda.'s holdings in Meta Platforms were worth $2,191,000 as of its most recent filing with the SEC.

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

Meta Platforms Stock Up 0.5%

META traded up $3.80 during trading on Friday, reaching $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 debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The business's fifty day moving average price is $738.39 and its 200 day moving average price is $659.37. The company has a market cap of $1.89 trillion, a P/E ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm posted $5.16 earnings per share. The business's revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares in the company, valued at approximately $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 312,341 shares of company stock valued at $234,443,690. 13.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on META. Stifel Nicolaus raised their target price on shares of Meta Platforms from $845.00 to $900.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Bank of America raised their target price 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. KeyCorp raised their target price on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Pivotal Research raised their target price on shares of Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Barclays raised their target price on shares of Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms presently has an average rating of "Moderate Buy" and a consensus price target of $822.41.

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.