SPX Gestao de Recursos Ltda Invests $13.96 Million in Meta Platforms, Inc. $META

Key Points

• SPX Gestao de Recursos acquired 24,792 Meta shares worth approximately $13.96 million in the second quarter, while other institutional investors also increased their positions; institutions own 79.91% of the stock.
• Meta insiders sold significant holdings, including CFO Susan Li’s roughly $5.06 million sale and COO Javier Olivan’s approximately $2.01 million sale. Insiders have sold 81,758 shares worth $51.2 million over the past three months.
• Meta reported 28% year-over-year revenue growth to $60.8 billion but missed quarterly EPS estimates, earning $6.18 versus the $7.19 consensus. Analysts maintain a Moderate Buy consensus with an average price target of $788.88, and the company declared a $0.525 quarterly dividend.

SPX Gestao de Recursos Ltda acquired a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,792 shares of the social networking company's stock, valued at approximately $13,965,000.

Several other large investors have also bought and sold shares of META. Archer Investment Corp bought a new position in Meta Platforms during the second quarter worth $3,924,000. Kimelman & Baird LLC boosted its position in Meta Platforms by 8.0% during the second quarter. Kimelman & Baird LLC now owns 1,109 shares of the social networking company's stock valued at $625,000 after acquiring an additional 82 shares during the last quarter. North Star Asset Management Inc. bought a new position in shares of Meta Platforms in the 2nd quarter worth about $9,891,000. Camarda Financial Advisors LLC acquired a new position in shares of Meta Platforms in the 2nd quarter valued at about $215,000. Finally, Dearborn Partners LLC bought a new stake in shares of Meta Platforms during the 2nd quarter valued at about $711,000. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, CFO Susan J. Li sold 9,196 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer owned 13,186 shares in the company, valued at $7,260,343.46. This trade represents a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. The trade was a 26.06% 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. In the last three months, insiders have sold 81,758 shares of company stock worth $51,214,020. 13.53% of the stock is currently owned by corporate insiders.

Meta Platforms Stock Performance

Shares of META stock opened at $665.75 on Monday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm has a fifty day simple moving average of $606.33 and a two-hundred day simple moving average of $609.48. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $790.80. The firm has a market capitalization of $1.70 trillion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 1.16 and a beta of 1.25.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (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 analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.14 earnings per share. Analysts forecast that Meta Platforms, Inc. will post 27.93 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Monday, September 21st will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's payout ratio is 7.91%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. BNP Paribas Exane initiated coverage on Meta Platforms in a research note on Tuesday, June 2nd. They set an "outperform" rating for the company. Susquehanna cut their price target on Meta Platforms from $900.00 to $650.00 and set a "positive" rating on the stock in a report on Thursday, July 30th. Wolfe Research reaffirmed an "outperform" rating and set a $700.00 price objective on shares of Meta Platforms in a research report on Thursday, July 30th. Benchmark reiterated a "hold" rating on shares of Meta Platforms in a research note on Thursday, August 27th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $810.00 target price on shares of Meta Platforms in a research report on Monday, June 1st. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $788.88.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta’s Muse personal AI agent reached No. 1 on Apple’s U.S. free-app chart, surpassing ChatGPT roughly one week after launch. Its ability to handle shopping, bookings, email and phone calls could give Meta a significant consumer-AI growth platform and strengthen the case for future subscriptions or commerce revenue. Meta's Muse tops Apple's US free app chart
• Positive Sentiment: Bank of America said Meta’s internally developed MTIA AI chips could save approximately $8.5 billion in 2027 by reducing reliance on third-party processors. Custom silicon could improve the economics of Meta’s expanding AI infrastructure over time. Meta Can Save $8.5 Billion in 2027 by Using Its Own MTIA Chips
• Positive Sentiment: Analyst support and upcoming product announcements remain potential catalysts. Rosenblatt reiterated a Buy rating, while investors are looking ahead to Meta Connect on September 23 for additional AI, glasses and subscription details. Meta Earns Buy Rating from Rosenblatt Securities
• Neutral Sentiment: Muse’s early popularity is encouraging, but analysts disagree on its financial impact. The generous free tier may accelerate adoption while delaying revenue and increasing computing costs; consumer distrust of Meta and the need to provide sensitive account data could also limit paid conversion. Meta’s Muse Agent Has Wall Street Divided on Its AI Potential
• Negative Sentiment: Investors are taking profits after META rose roughly 23%–24% over the past month. Valuation and expectations have risen quickly, increasing sensitivity to any evidence that AI spending will not generate near-term earnings growth.
• Negative Sentiment: Meta’s AI investment program is placing significant pressure on cash flow. Articles highlighted a more than 90% decline in free cash flow as capital expenditures rise, raising concerns about the payback period for data centers, chips and other infrastructure. Meta Versus Oracle: AI Capex Payback Velocity
• Negative Sentiment: Legal and reputational pressure is increasing. A German court held Meta liable for fraudulent third-party ads, while regulators and its Oversight Board criticized safeguards against deepfakes and nonconsensual filming involving its smart glasses. These issues could increase compliance costs and threaten user trust. German Court Rules Meta Liable for Fake Ads
• Negative Sentiment: Chief Product Officer Christopher Cox sold 20,000 shares worth approximately $13.5 million under a pre-arranged Rule 10b5-1 plan. The planned nature reduces the signal, but the sale may still weigh modestly on sentiment. SEC Insider Trading Filing

Meta Platforms Company Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company's principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.

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