Meta Platforms, Inc. $META Shares Sold by Generate Investment Management Ltd

Generate Investment Management Ltd lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 23.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 168,824 shares of the social networking company's stock after selling 50,919 shares during the period. Meta Platforms makes up approximately 3.9% of Generate Investment Management Ltd's investment portfolio, making the stock its 7th largest holding. Generate Investment Management Ltd's holdings in Meta Platforms were worth $95,097,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC boosted its stake in shares of Meta Platforms by 17.4% in the first quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company's stock worth $10,299,000 after buying an additional 2,670 shares during the last quarter. Keybank National Association OH raised its position in Meta Platforms by 15.7% during the fourth quarter. Keybank National Association OH now owns 133,798 shares of the social networking company's stock valued at $88,319,000 after acquiring an additional 18,169 shares in the last quarter. WMS Group LLC purchased a new position in Meta Platforms during the fourth quarter valued at approximately $876,000. Vanguard Group Inc. raised its position 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 valued at $132,015,115,000 after acquiring an additional 7,269,279 shares in the last quarter. Finally, Czech National Bank lifted its holdings in Meta Platforms by 4.9% in the second quarter. Czech National Bank now owns 625,079 shares of the social networking company's stock valued at $352,101,000 after acquiring an additional 29,411 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.

Insider Activity at Meta Platforms

In other Meta Platforms news, insider Curtis J. Mahoney sold 2,079 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the transaction, the insider directly owned 1,118 shares of the company's stock, valued at $681,890.56. This trade represents a 65.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms 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 in the company, valued at approximately $462,024. This trade represents a 90.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 38,502 shares of company stock valued at $22,603,485. Insiders own 13.53% of the company's stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Pocket in the U.S., an AI-powered app that lets users create and share interactive games through text prompts. The product could increase engagement and expand Meta’s consumer AI ecosystem. Meta brings Pocket to U.S. users
• Positive Sentiment: Meta introduced a Mac app for Meta AI with system-wide dictation and screen-aware assistance. The company is also pricing its new Muse Code coding agent below Anthropic and OpenAI offerings, potentially helping it attract developers and build AI adoption. Meta AI launches Mac app
• Positive Sentiment: Meta’s core advertising business remains strong, with quarterly revenue rising 28% year over year to $60.8 billion. AI-related improvements to recommendations and ad delivery are supporting engagement, clicks and conversion efficiency. Meta drawdown analysis
• Neutral Sentiment: Meta is contesting the Federal Trade Commission’s effort to revive monopoly charges. The company argues that Facebook and Instagram users increasingly see recommended content rather than posts from friends, a defense that could influence the case’s regulatory implications. Meta fights FTC monopoly charges
• Neutral Sentiment: Meta’s CTO Andrew Bosworth, CFO Susan Li and insider Curtis Mahoney sold shares worth roughly $10.3 million in aggregate under pre-arranged Rule 10b5-1 plans. The transactions are limited as discretionary signals but may still affect investor sentiment. Meta insider transaction filing
• Negative Sentiment: Child-safety and social-media addiction litigation is intensifying. Testimony alleging that some safety tools were “designed to fail” raises the possibility of major damages, mandated product changes, restrictions on engagement features and pressure on advertising monetization. Meta social media lawsuit trial
• Negative Sentiment: Investors remain concerned that heavier AI capital spending will depress second-half free cash flow and increase financial pressure. Those concerns follow Meta’s quarterly EPS miss, despite its revenue beat, and have contributed to the stock’s year-to-date weakness. Meta stock investment analysis

Meta Platforms Price Performance

Shares of META opened at $549.90 on Monday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $790.80. The stock's 50 day moving average is $593.51 and its two-hundred day moving average is $614.77. The firm has a market cap of $1.40 trillion, a P/E ratio of 20.71, a PEG ratio of 0.94 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The business had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. During the same period in the previous year, the company earned $7.14 earnings per share. The company's quarterly revenue was up 28.0% compared to the same quarter last year. Analysts predict that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 dividend on an annualized basis and a yield of 0.4%. Meta Platforms's dividend payout ratio is currently 7.91%.

Wall Street Analysts Forecast Growth

META has been the topic of several recent research reports. TD Cowen lowered their price objective on Meta Platforms from $800.00 to $750.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Erste Group Bank raised shares of Meta Platforms from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Needham & Company LLC reiterated a "hold" rating on shares of Meta Platforms in a research note on Wednesday, July 8th. Monness Crespi & Hardt lowered their price target on shares of Meta Platforms from $890.00 to $730.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Finally, Rothschild & Co Redburn raised their price target on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a "buy" rating in a research report on Tuesday, July 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Meta Platforms presently has an average rating of "Moderate Buy" and an average target price of $785.32.

Meta Platforms 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.

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