Nightview Capital LLC Makes New Investment in Meta Platforms, Inc. $META

Key Points

• Nightview Capital LLC has acquired 10,234 shares of Meta Platforms, valued at approximately $5,898,000, making it the 9th largest position in their portfolio.
• Several institutional investors, including Inlight Wealth Management and Barnes Dennig Private Wealth Management, have also recently purchased stakes in Meta, indicating increasing interest among institutional players.
• Meta's stock has received mixed ratings from analysts, with price objectives raised by firms like Pivotal Research and Oppenheimer, reflecting ongoing positive sentiment despite some downgrades.

Nightview Capital LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,234 shares of the social networking company's stock, valued at approximately $5,898,000. Meta Platforms comprises approximately 3.8% of Nightview Capital LLC's investment portfolio, making the stock its 9th largest holding.

Several other large investors also recently bought and sold shares of META. Inlight Wealth Management LLC acquired a new stake in Meta Platforms in the first quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Meta Platforms during the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Meta Platforms during the first quarter valued at $33,000. JCIC Asset Management Inc. boosted its stake in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock valued at $46,000 after acquiring an additional 40 shares during the last quarter. Finally, Stuart Chaussee & Associates Inc. acquired a new stake in shares of Meta Platforms during the fourth quarter valued at $47,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Up 0.5%

Shares of META stock traded up $3.80 during trading hours 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. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The stock's fifty day simple moving average is $738.39 and its 200 day simple moving average is $659.06. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market capitalization of $1.89 trillion, a P/E ratio of 27.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share 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 firm had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter last year, the firm earned $5.16 EPS. Meta Platforms's quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on META shares. Royal Bank Of Canada increased their price objective on Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Scotiabank raised their price target on Meta Platforms from $675.00 to $685.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price target on Meta Platforms from $795.00 to $875.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. HSBC raised shares of Meta Platforms from a "hold" rating to a "buy" rating and upped their price target for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, DA Davidson upped their price target on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Three analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, Meta Platforms currently has a consensus rating of "Moderate Buy" and an average price target of $822.41.

Insider Transactions at Meta Platforms

In other news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $753.43, for a total value of $11,939,605.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of Meta Platforms 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 completion of the transaction, the chief financial officer owned 84,141 shares of the company's stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 312,341 shares of company stock worth $234,443,690. 13.61% of the stock is currently owned by corporate 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.