PharVision Advisers LLC Reduces Stake in Meta Platforms, Inc. $META

Key Points

• PharVision Advisers LLC reduced its stake in Meta Platforms, selling 1,086 shares and now holds only 404 shares, reflecting a cut of 72.9%.
• Several hedge funds have made moves in Meta, with most institutional investors now owning 79.91% of the stock, signaling a significant interest in the company.
• Meta Platforms reported a strong quarterly performance, with an EPS of $7.14, beating estimates, and a revenue of $47.52 billion, marking a 21.6% increase year-over-year.

PharVision Advisers LLC trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 72.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 404 shares of the social networking company's stock after selling 1,086 shares during the quarter. PharVision Advisers LLC's holdings in Meta Platforms were worth $233,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC increased its position in Meta Platforms by 67,172.9% during the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock worth $13,517,178,000 after purchasing an additional 23,417,803 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Meta Platforms in the 1st quarter valued at approximately $2,990,544,000. Assenagon Asset Management S.A. grew its stake in shares of Meta Platforms by 712.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 2,537,631 shares of the social networking company's stock valued at $1,462,589,000 after buying an additional 2,225,186 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Meta Platforms during the 4th quarter worth approximately $1,162,918,000. Finally, Amundi raised its position in shares of Meta Platforms by 23.5% during the 1st quarter. Amundi now owns 7,733,061 shares of the social networking company's stock valued at $4,111,050,000 after buying an additional 1,470,070 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Meta Platforms

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 shares were sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the sale, the chief financial officer directly owned 84,141 shares in the company, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Andrew Bosworth sold 11,694 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the sale, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 312,341 shares of company stock worth $234,443,690 over the last quarter. 13.61% of the stock is currently owned by insiders.

Meta Platforms Stock Up 0.5%

META traded up $3.80 during trading hours on Friday, hitting $752.45. 9,655,823 shares of the company's stock were exchanged, compared to its average volume of 9,507,611. 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 12-month low of $479.80 and a 12-month high of $796.25. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $738.39 and a 200 day moving average of $658.81.

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Robert W. Baird increased their price objective on Meta Platforms from $635.00 to $740.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd. Monness Crespi & Hardt increased their price target on Meta Platforms from $780.00 to $860.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. JMP Securities raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research report on Thursday, July 31st. Royal Bank Of Canada upped their target price on shares of Meta Platforms from $740.00 to $840.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Piper Sandler increased their target price on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $822.41.

About Meta Platforms

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.