Mirabella Financial Services LLP Has $6.50 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• Mirabella Financial Services LLP increased its Meta Platforms holdings by 127.3% in the second quarter, owning 11,546 shares valued at approximately $6.50 million. Institutional investors collectively own 79.91% of Meta’s stock.
• Meta reported 28% year-over-year revenue growth to $60.8 billion in its latest quarter, though earnings per share of $6.18 fell short of the $7.19 analyst consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $785.22.
• Meta’s AI investments and strategic stake in Jio Platforms offer potential growth catalysts, while an estimated $17 billion–$18 billion settlement over allegations involving minors could create significant costs and compliance obligations.

Mirabella Financial Services LLP grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 127.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,546 shares of the social networking company's stock after purchasing an additional 6,466 shares during the quarter. Meta Platforms comprises about 0.6% of Mirabella Financial Services LLP's investment portfolio, making the stock its 21st biggest position. Mirabella Financial Services LLP's holdings in Meta Platforms were worth $6,504,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of META. Brighton Jones LLC lifted its position 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 worth $20,230,000 after buying an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd increased its holdings in shares of Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock valued at $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Meta Platforms during the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC bought a new position in shares of Meta Platforms in the 2nd quarter valued at approximately $322,000. 79.91% of the stock is currently owned by institutional investors.

More Meta Platforms News

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

• Positive Sentiment: Meta’s AI strategy remains a potential long-term catalyst. Analysts point to its roughly $60 billion AI investment program as a way to improve ad targeting, monetization and possibly challenge Google in search and digital advertising. Meta's $60 Billion AI Machine Could Dethrone Google Search by Year-End
• Positive Sentiment: Meta-backed Indian telecom operator Jio Platforms received regulatory approval for an initial public offering. A successful listing could provide a valuation reference for Meta’s investment and highlight the value of its strategic holdings. Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO
• Positive Sentiment: Some investment commentary describes META as undervalued after its shares fell well below their prior record, citing second-quarter revenue growth of 28% to $60.8 billion and the potential for a recovery. Prediction: Meta Stock Reclaims Its All-Time High Before 2029
• Neutral Sentiment: Meta has begun removing fraudulent advertisements in India that used explicit content to distribute malware. The action limits immediate user risk but underscores continuing challenges in ad-quality enforcement and platform trust. Meta removes ads for fraud apps posing as porn after India sounds alarm
• Negative Sentiment: Meta agreed to an approximately $17 billion to $18 billion settlement with U.S. states over allegations that its platforms harmed children and teens. The agreement requires stronger age verification and other safeguards, creating a substantial financial cost and potentially higher compliance expenses. Explainer: Settlement requires Meta to check young users' ages
• Negative Sentiment: Research claiming Temu spent as much as $962 million on advertising tied to fake creators raises additional concerns about content moderation, advertiser oversight and reputational risk on Meta’s platforms. Temu spent up to $962 million on ads that helped finance an army of fake creators on Meta platforms

Meta Platforms Stock Performance

META opened at $572.34 on Tuesday. The firm has a market capitalization of $1.46 trillion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 1.00 and a beta of 1.25. The stock's 50 day moving average price is $592.45 and its two-hundred day moving average price is $610.45. The company has a quick ratio of 2.23, a current 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.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts' consensus estimates 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 quarter last year, the firm earned $7.14 earnings per share. The firm's quarterly revenue was up 28.0% compared to the same quarter last year. On average, equities analysts forecast that Meta Platforms, Inc. will post 28.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on META. Citigroup reduced their target price on Meta Platforms from $850.00 to $800.00 and set a "buy" rating for the company in a report on Thursday, July 30th. Rothschild & Co Redburn lifted 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. Royal Bank Of Canada restated an "outperform" rating and issued a $810.00 price objective on shares of Meta Platforms in a research note on Monday, June 1st. Evercore reaffirmed an "outperform" rating on shares of Meta Platforms in a report on Thursday, July 30th. Finally, Cantor Fitzgerald lowered their target price on shares of Meta Platforms from $770.00 to $680.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $785.22.

Insiders Place Their Bets

In related news, CTO Andrew Bosworth sold 7,848 shares of the business's stock in a transaction on 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 transaction, the chief technology officer owned 828 shares of the company's stock, valued at approximately $462,024. The trade was a 90.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the transaction, the chief financial officer owned 13,186 shares of the company's stock, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,987 shares of company stock valued at $19,202,995 in the last 90 days. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Company 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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