Mirabaud & Cie SA Has $13.62 Million Stock Holdings in Meta Platforms, Inc. $META

Key Points

• Mirabaud & Cie SA increased its stake in Meta Platforms by 44.5% during the second quarter, holding $13.62 million worth of shares, making it the firm’s 8th largest position.
• Several major investors, including GAMMA Investing LLC and Nuveen LLC, significantly boosted their holdings in Meta Platforms, contributing to the 79.91% of stock owned by institutional investors.
• Meta Platforms recently reported earnings that surpassed estimates, with a quarterly revenue of $47.52 billion, and announced a quarterly dividend of $0.525 per share.

Mirabaud & Cie SA grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 44.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,457 shares of the social networking company's stock after acquiring an additional 5,685 shares during the quarter. Meta Platforms comprises approximately 4.3% of Mirabaud & Cie SA's portfolio, making the stock its 8th biggest position. Mirabaud & Cie SA's holdings in Meta Platforms were worth $13,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of META. GAMMA Investing LLC boosted its position in shares of Meta Platforms by 67,172.9% during the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock valued at $13,517,178,000 after buying an additional 23,417,803 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Meta Platforms during the first quarter valued at $2,990,544,000. Assenagon Asset Management S.A. boosted its position in shares of Meta Platforms by 712.2% during the first quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock valued at $1,462,589,000 after buying an additional 2,225,186 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Meta Platforms during the fourth quarter valued at $1,162,918,000. Finally, Amundi boosted its position in shares of Meta Platforms by 23.5% during the first quarter. Amundi now owns 7,733,061 shares of the social networking company's stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the last quarter. 79.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on META shares. JMP Securities increased their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "market outperform" rating in a research report on Thursday, July 31st. Raymond James Financial raised their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a research report on Thursday, July 31st. Citizens Jmp raised their target price on Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Scotiabank raised their target price on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a research report on Thursday, July 31st. Finally, Stifel Nicolaus raised their target price on Meta Platforms from $845.00 to $900.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Meta Platforms currently has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Meta Platforms Stock Up 0.6%

Shares of META opened at $755.59 on Monday. The business's 50 day moving average is $741.83 and its 200 day moving average is $661.86. The company has a market capitalization of $1.90 trillion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.56 and a beta of 1.24. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. 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 (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.75 by $1.39. The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm's quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter last year, the company earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, September 22nd. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Insider Transactions at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $755.65, for a total value of $390,671.05. Following the sale, the chief operating officer owned 11,577 shares of the company's stock, valued at $8,748,160.05. The trade was a 4.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $757.50, for a total value of $393,142.50. Following the completion of the sale, the insider directly owned 31,389 shares in the company, valued at approximately $23,777,167.50. The trade was a 1.63% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 268,505 shares of company stock worth $203,749,711. 13.61% of the stock is owned by insiders.

Meta Platforms Company 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.

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