Sender Co & Partners Inc. Takes Position in Meta Platforms, Inc. $META

Key Points

• Sender Co & Partners Inc. invested approximately $3.5 million in Meta Platforms, Inc. by acquiring 6,083 shares, making it the firm's 15th largest holding, which constitutes about 1.8% of their total portfolio.
• Insider trading activity shows significant sales, with CFO Susan J. Li selling 18,332 shares and insider Christopher K. Cox selling 60,000 shares, indicating a decrease in their positions by 17.89% and 20.19%, respectively.
• Brokers have recently increased their target prices for Meta, with some estimating potential prices up to $900, reflecting a generally positive outlook as 39 analysts rated the stock with a buy or stronger rating.

Sender Co & Partners Inc. purchased a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,083 shares of the social networking company's stock, valued at approximately $3,506,000. Meta Platforms makes up approximately 1.8% of Sender Co & Partners Inc.'s portfolio, making the stock its 15th largest holding.

Other hedge funds have also recently made changes to their positions in the company. Kestra Investment Management LLC grew its position in shares of Meta Platforms by 32.8% in the 1st quarter. Kestra Investment Management LLC now owns 19,999 shares of the social networking company's stock worth $11,527,000 after buying an additional 4,941 shares during the last quarter. Knightsbridge Asset Management LLC lifted its position in Meta Platforms by 36.4% during the first quarter. Knightsbridge Asset Management LLC now owns 2,289 shares of the social networking company's stock valued at $1,319,000 after acquiring an additional 611 shares during the last quarter. Coordinated Financial Services Inc. CO acquired a new stake in Meta Platforms in the first quarter valued at approximately $822,000. Tamar Securities LLC grew its holdings in Meta Platforms by 12.3% in the first quarter. Tamar Securities LLC now owns 49,350 shares of the social networking company's stock worth $28,443,000 after purchasing an additional 5,390 shares during the last quarter. Finally, Teewinot Capital Advisers L.L.C. increased its position in shares of Meta Platforms by 14.5% during the first quarter. Teewinot Capital Advisers L.L.C. now owns 145,708 shares of the social networking company's stock worth $83,980,000 after purchasing an additional 18,487 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Stock Performance

NASDAQ META traded up $13.40 on Tuesday, hitting $765.70. 10,590,497 shares of the company's stock traded hands, compared to its average volume of 9,781,403. The firm's 50-day moving average price is $739.60 and its two-hundred day moving average price is $660.03. The firm has a market capitalization of $1.92 trillion, a PE ratio of 27.72, a P/E/G ratio of 1.55 and a beta of 1.24. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year 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 for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business's quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on META. Citizens Jmp raised their price objective on Meta Platforms from $750.00 to $900.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Barclays increased their price target on Meta Platforms from $640.00 to $810.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. JMP Securities boosted 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. HSBC raised shares of Meta Platforms from a "hold" rating to a "buy" rating and increased their price objective for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Finally, Sanford C. Bernstein lifted their target price on shares of Meta Platforms from $775.00 to $900.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Insider Activity at Meta Platforms

In related news, COO Javier Olivan sold 517 shares of Meta Platforms stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $726.25, for a total transaction of $375,471.25. Following the completion of the transaction, the chief operating officer directly owned 12,094 shares in the company, valued at approximately $8,783,267.50. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Andrew Bosworth sold 11,694 shares of the business'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 value of $9,062,850.00. Following the completion of the transaction, the chief technology officer directly owned 1,799 shares of the company's stock, valued at $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 290,046 shares of company stock worth $218,812,787 in the last three months. Company insiders own 13.61% of the company's stock.

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.