Teza Capital Management LLC Takes Position in Meta Platforms, Inc. $META

Key Points

• Teza Capital Management LLC has acquired 4,700 shares of Meta Platforms, valued at approximately $2.7 million, making it the firm's third largest holding.
• Meta Platforms reported a quarterly revenue of $47.52 billion, exceeding estimates, with an earnings per share (EPS) of $7.14, which surpassed analysts' expectations by $1.39.
• Institutional investors own 79.91% of Meta Platforms stock, indicating strong institutional confidence in the company.

Teza Capital Management LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,700 shares of the social networking company's stock, valued at approximately $2,709,000. Meta Platforms accounts for approximately 1.2% of Teza Capital Management LLC's investment portfolio, making the stock its 3rd largest holding.

A number of other institutional investors have also modified their holdings of META. GAMMA Investing LLC increased its holdings in shares of Meta Platforms by 67,172.9% in the first quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company's stock valued at $13,517,178,000 after purchasing an additional 23,417,803 shares during the period. Nuveen LLC acquired a new position in shares of Meta Platforms in the first quarter valued at approximately $2,990,544,000. Assenagon Asset Management S.A. increased its holdings in shares of Meta Platforms by 712.2% in the first 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 purchasing an additional 2,225,186 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Meta Platforms in the fourth quarter valued at approximately $1,162,918,000. Finally, Amundi increased its holdings in shares of Meta Platforms by 23.5% in the first quarter. Amundi now owns 7,733,061 shares of the social networking company's stock valued at $4,111,050,000 after purchasing an additional 1,470,070 shares during the period. Institutional investors and hedge funds own 79.91% of the company's stock.

Meta Platforms Stock Up 0.5%

META opened at $752.45 on Friday. The business's fifty day moving average is $738.39 and its two-hundred day moving average is $659.06. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market cap of $1.89 trillion, a price-to-earnings ratio of 27.24, a PEG ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The company 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%.Meta Platforms's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Insider Activity at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 517 shares of the business's stock in a transaction 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 sale, the chief operating officer directly owned 12,094 shares in the company, valued at approximately $8,783,267.50. The trade was a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 11,694 shares of the business's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total value of $9,062,850.00. Following the sale, the chief technology officer owned 1,799 shares in the company, valued at approximately $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 312,341 shares of company stock valued at $234,443,690 in the last 90 days. 13.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Scotiabank boosted their target price on Meta Platforms from $675.00 to $685.00 and gave the company a "sector perform" rating in a report on Thursday, July 31st. Pivotal Research boosted their target price on Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a report on Thursday, July 31st. UBS Group lifted their price target on Meta Platforms from $812.00 to $897.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Sanford C. Bernstein lifted their price target on Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Finally, Hsbc Global Res upgraded Meta Platforms from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 31st. Three 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 stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and a consensus target price 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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