Night Owl Capital Management LLC Acquires 1,995 Shares of Meta Platforms, Inc. $META

Key Points

• Night Owl Capital Management LLC increased its stock holdings in Meta Platforms, Inc. by 3.9%, totaling 52,601 shares valued at approximately $30.3 million.
• Several other institutional investors, including GAMMA Investing LLC and Goldman Sachs Group Inc., have also significantly increased their positions in Meta, highlighting strong institutional interest in the company.
• Analysts have mixed ratings on Meta, with Zacks Research lowering its rating to "hold", while Canaccord Genuity maintains a "buy" rating and has raised its price target to $850.

Night Owl Capital Management LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,601 shares of the social networking company's stock after buying an additional 1,995 shares during the period. Meta Platforms comprises 3.8% of Night Owl Capital Management LLC's holdings, making the stock its 13th largest holding. Night Owl Capital Management LLC's holdings in Meta Platforms were worth $30,317,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in META. Lantern Wealth Advisors LLC raised its position in shares of Meta Platforms by 0.5% during the fourth quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock worth $1,743,000 after purchasing an additional 14 shares during the period. ABLE Financial Group LLC raised its position in shares of Meta Platforms by 0.7% during the fourth quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock worth $1,251,000 after purchasing an additional 15 shares during the period. Cedar Point Capital Partners LLC raised its position in shares of Meta Platforms by 2.2% during the first quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company's stock worth $433,000 after purchasing an additional 16 shares during the period. Mosaic Family Wealth Partners LLC lifted its stake in Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company's stock valued at $840,000 after acquiring an additional 17 shares in the last quarter. Finally, Orin Green Financial LLC lifted its stake in Meta Platforms by 2.2% in the 4th quarter. Orin Green Financial LLC now owns 795 shares of the social networking company's stock valued at $465,000 after acquiring an additional 17 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms Trading Up 0.5%

Shares of NASDAQ META traded up $3.80 during midday 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 firm's fifty day moving average price is $738.39 and its 200-day moving average price is $659.06. 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 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, Inc. has a one year low of $479.80 and a one year high of $796.25.

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on META shares. Monness Crespi & Hardt boosted their target price on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a report on Thursday, July 31st. Wells Fargo & Company increased their price target on Meta Platforms from $783.00 to $811.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. HSBC raised Meta Platforms from a "hold" rating to a "buy" rating and raised their target price for the stock from $610.00 to $900.00 in a research note on Thursday, July 31st. Finally, Bank of America raised their target price on Meta Platforms from $775.00 to $900.00 and gave the company a "buy" rating in a 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $822.41.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $764.71, for a total value of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares in the company, valued at $64,343,464.11. This represents a 17.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 517 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $726.25, for a total value of $375,471.25. Following the completion of the sale, the chief operating officer owned 12,094 shares in the company, valued at $8,783,267.50. The trade was a 4.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 312,341 shares of company stock worth $234,443,690 over the last three months. Corporate insiders own 13.61% of the company's stock.

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.