Spear Holdings RSC Ltd Invests $53.25 Million in Meta Platforms, Inc. $META

Key Points

• Spear Holdings RSC Ltd. bought 93,080 Meta shares worth approximately $53.25 million in the first quarter, making META its 11th-largest holding and representing 5.3% of its portfolio.
• Meta reported strong quarterly results, with earnings per share of $10.44 versus the $6.67 analyst consensus and revenue of $56.31 billion, up 33.1% year over year. Institutional investors own roughly 79.91% of the stock.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a target price of $835.64, though concerns remain over rising AI-related capital spending, uncertain returns and ongoing legal risks.

Spear Holdings RSC Ltd purchased a new position in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 93,080 shares of the social networking company's stock, valued at approximately $53,254,000. Meta Platforms comprises 5.3% of Spear Holdings RSC Ltd's investment portfolio, making the stock its 11th largest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in META. Brighton Jones LLC boosted its holdings 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 period. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock worth $5,537,000 after acquiring an additional 875 shares during the last quarter. Headwater Capital Co Ltd increased its holdings in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after acquiring an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Meta Platforms in the 2nd quarter valued at about $213,000. Finally, Capital & Planning LLC bought a new stake in Meta Platforms in the 2nd quarter valued at about $322,000. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Down 0.2%

NASDAQ META opened at $593.87 on Tuesday. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a market capitalization of $1.50 trillion, a P/E ratio of 21.59, a PEG ratio of 1.01 and a beta of 1.25. The company's 50 day simple moving average is $604.17 and its 200 day simple moving average is $625.06. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion during the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm's revenue for the quarter was up 33.1% compared to the same quarter last year. During the same period last year, the firm posted $6.43 earnings per share. Equities research analysts expect that Meta Platforms, Inc. will post 29.49 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms's dividend payout ratio (DPR) is currently 7.63%.

Insider Transactions at Meta Platforms

In other news, insider Curtis J. Mahoney sold 2,079 shares of the company's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares of the company's stock, valued at $681,890.56. This represents a 65.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the transaction, the director owned 3,443 shares of the company's stock, valued at $2,092,483.25. This trade represents a 12.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 36,393 shares of company stock valued at $22,141,163 in the last three months. 13.53% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on META. Barclays boosted their target price on shares of Meta Platforms from $800.00 to $830.00 and gave the company an "overweight" rating in a research note on Thursday, April 30th. Sanford C. Bernstein cut their price target on Meta Platforms from $900.00 to $850.00 and set an "outperform" rating on the stock in a report on Thursday, April 30th. Wedbush initiated coverage on Meta Platforms in a research report on Thursday, July 16th. They set a "neutral" rating and a $671.00 price objective for the company. Needham & Company LLC reissued a "hold" rating on shares of Meta Platforms in a report on Wednesday, July 8th. Finally, Stifel Nicolaus lowered their target price on Meta Platforms from $805.00 to $780.00 and set a "buy" rating on the stock in a research report on Friday, May 1st. Five analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $835.64.

Key Meta Platforms News

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

• Positive Sentiment: Analysts and investors see Meta as attractively valued ahead of Wednesday’s earnings, with estimates suggesting its forward earnings multiple is below historical norms and the broader market. Meta’s record of 13 consecutive earnings beats raises the possibility of another upside surprise. Meta Platforms: Time To Be Greedy
• Positive Sentiment: Revenue growth is expected to benefit from user expansion, higher advertising prices and increased ad volume. Meta is also expanding Meta AI by placing its chatbot in Threads direct messages, potentially increasing engagement and creating additional monetization opportunities over time. Threads users can now chat with Meta AI in their DMs
• Positive Sentiment: Supporters argue Meta can absorb elevated capital expenditures, including as much as $145 billion in 2026 AI spending, because of its strong cash generation and advertising business. Its AI infrastructure plans could also create opportunities to sell excess computing capacity at premium prices. Meta Can Absorb Capex Trouble
• Neutral Sentiment: Meta reports results after the market closes Wednesday, and options traders are pricing a sizable post-earnings move. The report, guidance and commentary on AI returns and spending will likely determine the stock’s near-term direction. Meta Reports Earnings Wednesday
• Negative Sentiment: Concerns about rising costs, heavy capital expenditures and uncertain returns on AI investments are weighing on sentiment. The broader technology sector has recently seen investors sell or fail to reward stocks even after strong earnings, contributing to Meta’s recent decline. Meta Q2 Earnings Loom
• Negative Sentiment: Meta faces ongoing legal and reputational risks. Tennessee attorneys allege that company leadership ignored internal research about Instagram’s effects on teenagers, while a separate lawsuit alleges failures to prevent abuse on Meta’s platforms. Adverse rulings or regulatory action could increase costs and constrain product practices. Meta disregarded its own research on teen harm

Meta Platforms Company Profile

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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