QVT Financial LP Takes Position in Meta Platforms, Inc. $META

Key Points

• QVT Financial LP has acquired a new stake of 1,361 shares in Meta Platforms, valued at approximately $784,000, during the first quarter.
• Meta Platforms' stock performance shows a current market cap of $1.86 trillion and impressive quarterly earnings with an EPS of $7.14, surpassing analyst expectations.
• Institutional investors own nearly 80% of Meta Platforms' stock, with several firms increasing their stakes in the company in the recent quarters.

QVT Financial LP acquired a new stake in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,361 shares of the social networking company's stock, valued at approximately $784,000.

A number of other large investors have also made changes to their positions in META. Brighton Jones LLC boosted its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock valued at $20,230,000 after acquiring an additional 570 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in Meta Platforms by 3.5% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 221,459 shares of the social networking company's stock worth $129,666,000 after buying an additional 7,587 shares during the last quarter. Highview Capital Management LLC DE boosted its stake in Meta Platforms by 3.7% in the 4th quarter. Highview Capital Management LLC DE now owns 6,189 shares of the social networking company's stock worth $3,624,000 after buying an additional 218 shares during the last quarter. Finally, Benchstone Capital Management LP acquired a new stake in Meta Platforms in the 4th quarter worth about $23,749,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Performance

Shares of NASDAQ:META opened at $738.70 on Friday. The company has a market cap of $1.86 trillion, a P/E ratio of 26.75, a PEG ratio of 1.53 and a beta of 1.27. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The business's 50-day simple moving average is $735.73 and its 200 day simple moving average is $658.44.

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

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of the firm's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $755.11, for a total transaction of $390,391.87. Following the sale, the chief operating officer directly owned 12,611 shares in the company, valued at approximately $9,522,692.21. This trade represents a 3.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 313,803 shares of company stock worth $235,398,025. Insiders own 13.61% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on META. KeyCorp raised their price target on Meta Platforms from $800.00 to $905.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. TD Cowen raised their price target on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Needham & Company LLC raised Meta Platforms from an "underperform" rating to a "hold" rating in a research note on Thursday, July 3rd. JMP Securities raised their price target on Meta Platforms from $750.00 to $900.00 and gave the stock a "market outperform" rating in a research note on Thursday, July 31st. Finally, Loop Capital restated a "buy" rating and issued a $980.00 price objective (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $822.41.

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.

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