OFI Invest Asset Management Has $291.40 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• OFI Invest Asset Management more than doubled its Meta position in the second quarter, increasing holdings by 116.7% to 517,310 shares worth approximately $291.4 million. Meta now represents 2.9% of the firm’s portfolio and is its sixth-largest holding.
• Meta reported 28% year-over-year revenue growth to $60.8 billion, but quarterly EPS of $6.18 missed analysts’ $7.19 estimate. Analysts maintain a “Moderate Buy” consensus with an average price target of $785.32, well above the reported $545.83 share price.
• Meta faces significant risks from AI infrastructure spending and intensifying legal scrutiny over alleged shortcomings in protecting young users, while executives have continued selling shares under pre-arranged Rule 10b5-1 plans.

OFI Invest Asset Management lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 116.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 517,310 shares of the social networking company's stock after purchasing an additional 278,557 shares during the quarter. Meta Platforms accounts for 2.9% of OFI Invest Asset Management's investment portfolio, making the stock its 6th largest holding. OFI Invest Asset Management's holdings in Meta Platforms were worth $291,396,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. RHL Group LLC acquired a new position in shares of Meta Platforms during the fourth quarter valued at about $28,000. Strategic Wealth Advisors LLC acquired a new position in Meta Platforms during the 4th quarter valued at about $29,000. Axiom Investment Management LLC bought a new stake in Meta Platforms during the 1st quarter worth approximately $36,000. Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms in the fourth quarter worth approximately $42,000. Finally, Bayban lifted its holdings in shares of Meta Platforms by 100.0% in the first quarter. Bayban now owns 70 shares of the social networking company's stock valued at $40,000 after purchasing an additional 35 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Down 0.0%

Shares of NASDAQ:META opened at $545.83 on Friday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The company has a market capitalization of $1.39 trillion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 0.93 and a beta of 1.25. The business has a fifty day moving average price of $593.85 and a two-hundred day moving average price of $615.87. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last released its 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). The business had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $7.14 earnings per share. Analysts forecast that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.525 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a yield of 0.4%. Meta Platforms's payout ratio is currently 7.91%.

Analysts Set New Price Targets

Several brokerages recently issued reports on META. Wells Fargo & Company decreased their price target on Meta Platforms from $835.00 to $640.00 and set an "overweight" rating for the company in a report on Thursday, July 30th. Citizens Jmp reduced their target price on shares of Meta Platforms from $800.00 to $770.00 and set a "market outperform" rating for the company in a research note on Thursday, July 30th. Piper Sandler reissued an "overweight" rating and set a $785.00 price target (down from $800.00) on shares of Meta Platforms in a research report on Thursday, July 30th. Royal Bank Of Canada restated an "outperform" rating and set a $810.00 price target on shares of Meta Platforms in a report on Monday, June 1st. Finally, Stifel Nicolaus reduced their price objective on shares of Meta Platforms from $805.00 to $780.00 and set a "buy" rating for the company in a research report on Friday, May 1st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $785.32.

Insiders Place Their Bets

In other Meta Platforms news, CFO Susan J. Li sold 9,196 shares of the business's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 1,258 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $600.00, for a total transaction of $754,800.00. Following the transaction, the chief operating officer directly owned 1,517 shares of the company's stock, valued at $910,200. This represents a 45.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 38,502 shares of company stock valued at $22,603,485. Company insiders own 13.53% of the company's stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched Pocket in the United States, an AI-powered app that lets users create and share interactive games through prompts. The rollout could expand Meta’s consumer AI ecosystem and generate new engagement opportunities. Meta brings Pocket to US users
• Positive Sentiment: Meta also introduced a Mac version of Meta AI with system-wide dictation and screen-context capabilities. Separately, an analyst argued that the company’s substantial AI investments could unlock significant future revenue, supporting the long-term growth case. Meta AI launches Mac app
• Neutral Sentiment: Meta CTO Andrew Bosworth, CFO Susan Li and insider Curtis Mahoney disclosed stock sales totaling roughly $10.3 million. Each transaction was conducted under a pre-arranged Rule 10b5-1 plan, reducing its significance as a discretionary signal of management’s outlook, although the clustered sales may draw investor attention. Meta insider transaction filing
• Negative Sentiment: A federal trial involving California and 28 other states is intensifying. Former Meta employee Arturo Béjar testified that certain safety tools were “designed to fail,” reinforcing allegations that Facebook and Instagram were deliberately made addictive and that risks to young users were inadequately addressed. A loss could bring large penalties, mandated product changes and potential pressure on engagement and advertising monetization. Former employee testifies about Meta safety tools
• Negative Sentiment: Investors remain concerned that elevated AI infrastructure spending could weigh on second-half free cash flow, particularly after Meta’s recent earnings-per-share miss. The legal case, which some reports associate with potential liabilities reaching hundreds of billions of dollars or more, adds substantial downside risk to a stock already trading below its longer-term moving averages. Meta trial adds risk to stock

About Meta Platforms

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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