Nissay Asset Management Corp Japan ADV Has $249.23 Million Stake in Meta Platforms, Inc. $META

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Meta Platforms, Inc. by 12.3% during the 1st quarter, owning 432,427 shares valued at approximately $249.23 million.
• Meta Platforms received positive upgrades from several financial institutions, with Bank of America raising its price target from $775.00 to $900.00.
• Company insiders, including CEO Mark Zuckerberg, sold significant shares amounting to over $234 million in the last quarter, indicating a 20.19% decrease in insider ownership for certain executives.

Nissay Asset Management Corp Japan ADV boosted its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 12.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 432,427 shares of the social networking company's stock after acquiring an additional 47,498 shares during the quarter. Meta Platforms accounts for about 1.6% of Nissay Asset Management Corp Japan ADV's investment portfolio, making the stock its 14th largest holding. Nissay Asset Management Corp Japan ADV's holdings in Meta Platforms were worth $249,234,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC lifted its holdings in shares of Meta Platforms by 67,172.9% during the 1st 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. Invesco Ltd. lifted its holdings in shares of Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company's stock valued at $10,184,163,000 after buying an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company's stock valued at $8,977,361,000 after buying an additional 1,255,546 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Meta Platforms by 2.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company's stock valued at $7,030,399,000 after buying an additional 280,357 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Meta Platforms by 2.5% during the 1st quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company's stock valued at $5,787,329,000 after buying an additional 247,850 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ META traded up $3.80 during trading on Friday, hitting $752.45. The company's stock had a trading volume of 9,655,823 shares, compared to its average volume of 9,390,477. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average price of $738.39 and a 200 day moving average price of $659.06. The firm has a market cap 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, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on META shares. Hsbc Global Res raised Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Raymond James Financial raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the company a "strong-buy" rating in a research note on Thursday, July 31st. Monness Crespi & Hardt raised their price objective on Meta Platforms from $780.00 to $860.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Canaccord Genuity Group raised their price objective on Meta Platforms from $825.00 to $850.00 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Finally, Wedbush raised 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 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's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $822.41.

Insider Buying and Selling at Meta Platforms

In other news, 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 sale, the chief operating officer directly owned 12,094 shares in the company, valued at approximately $8,783,267.50. This represents a 4.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert M. Kimmitt sold 465 shares of the company's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $784.32, for a total value of $364,708.80. Following the completion of the sale, the director owned 8,877 shares in the company, valued at approximately $6,962,408.64. This represents a 4.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 312,341 shares of company stock valued at $234,443,690 in the last quarter. 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.