Meta Platforms, Inc. $META Position Boosted by Newlands Management Operations LLC

Key Points

• Newlands Management Operations LLC increased its stake in Meta Platforms by 0.4%, owning a total of 9,920,614 shares, making Meta its largest investment at 38.8% of its portfolio.
• Meta's Q2 earnings surpassed expectations, reporting $7.14 EPS and $47.52 billion in revenue, demonstrating a 21.6% year-over-year growth.
• Research analysts have raised price targets for Meta shares, with estimates now ranging from $740 to $900, resulting in a consensus rating of "Moderate Buy" for investors.

Newlands Management Operations LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 0.4% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 9,920,614 shares of the social networking company's stock after buying an additional 36,000 shares during the quarter. Meta Platforms comprises approximately 38.8% of Newlands Management Operations LLC's portfolio, making the stock its biggest position. Newlands Management Operations LLC owned about 0.39% of Meta Platforms worth $5,717,845,000 as of its most recent SEC filing.

Several other large investors 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 shares of Meta Platforms during the 1st quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Meta Platforms during the 1st quarter worth $33,000. JCIC Asset Management Inc. boosted its stake in shares of 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. purchased a new position in shares of Meta Platforms during the 4th quarter worth $47,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Up 0.5%

Shares of META traded up $3.80 during trading on Friday, reaching $752.45. 9,655,823 shares of the company traded hands, compared to its average volume of 9,390,477. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock has a market cap of $1.89 trillion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24. The stock has a 50-day simple moving average of $738.39 and a 200-day simple moving average of $659.06. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on META. Roth Capital boosted their price objective on Meta Platforms from $620.00 to $740.00 and gave the company a "buy" rating in a research note on Tuesday, July 8th. Sanford C. Bernstein raised their price objective on Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Zacks Research lowered Meta Platforms from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 19th. Hsbc Global Res raised Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Finally, Wedbush increased their price objective on Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $822.41.

Insider Activity

In other Meta Platforms news, insider Christopher K. Cox sold 60,000 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the completion of the transaction, the insider owned 237,205 shares in the company, valued at approximately $184,059,219.75. This represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The disclosure for this sale can be found here. Insiders have sold 312,341 shares of company stock valued at $234,443,690 in the last ninety days. 13.61% of the stock is currently owned by company insiders.

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.