Tsai Capital Corp Has $6.01 Million Stock Position in Meta Platforms, Inc. $META

Key Points

• Tsai Capital Corp increased its Meta Platforms stake by 69.6% in the fourth quarter, ending with 9,104 shares valued at about $6.01 million. Meta now ranks as the firm’s 7th-largest holding and makes up roughly 4.1% of its portfolio.
• Institutional ownership in Meta remains very high at 79.91%, and several large investors also added to or initiated positions in the stock during recent quarters.
• Analysts are still broadly positive on Meta, with a consensus rating of “Moderate Buy” and a target price of about $840.19, even as recent headlines highlight AI-related restructuring and insider share sales.

Tsai Capital Corp lifted its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 69.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,104 shares of the social networking company's stock after acquiring an additional 3,736 shares during the period. Meta Platforms makes up approximately 4.1% of Tsai Capital Corp's holdings, making the stock its 7th biggest holding. Tsai Capital Corp's holdings in Meta Platforms were worth $6,009,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Meta Platforms by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company's stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares during the period. State Street Corp grew its holdings in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company's stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the period. Danske Bank A S bought a new stake in shares of Meta Platforms in the 3rd quarter valued at $1,191,175,000. PFA Pension Forsikringsaktieselskab acquired a new stake in Meta Platforms during the 4th quarter worth $813,994,000. Finally, Concentrum Wealth Management raised its stake in Meta Platforms by 948.7% during the 3rd quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company's stock worth $913,000 after buying an additional 1,124,998 shares during the period. Institutional investors own 79.91% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on META. Piper Sandler reissued an "overweight" rating and issued a $800.00 target price (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. Jefferies Financial Group raised their price target on Meta Platforms from $910.00 to $1,000.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Barclays lifted their price objective on Meta Platforms from $800.00 to $830.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. KeyCorp reissued an "overweight" rating and set a $760.00 target price on shares of Meta Platforms in a research note on Thursday, April 30th. Finally, Raymond James Financial cut their price target on shares of Meta Platforms from $825.00 to $800.00 and set a "strong-buy" rating on the stock in a research note on Monday, January 26th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $840.19.

Insider Transactions at Meta Platforms

In related news, CFO Susan J. Li sold 9,195 shares of the firm's stock in a transaction on Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the transaction, the chief financial officer owned 13,186 shares of the company's stock, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Andrew Bosworth sold 7,847 shares of the business's stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the sale, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. This trade represents a 94.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 171,517 shares of company stock valued at $109,138,067 over the last 90 days. 13.53% of the stock is owned by corporate insiders.

Key Headlines Impacting Meta Platforms

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

• Negative Sentiment: Meta began cutting about 8,000 jobs, or roughly 10% of its workforce, as part of a broader AI-first restructuring. Investors may view the move as evidence that the company needs to offset rising AI investment costs, which could weigh on near-term profitability. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
• Negative Sentiment: Multiple reports say Meta tied the layoffs to funding its AI push, reinforcing worries that aggressive investment in AI could pressure earnings and cash flow before the benefits show up. Zuckerberg says 'success isn't a given' in memo to employees amid Meta layoffs
• Negative Sentiment: Management’s decision to reassign about 7,000 workers into AI-related roles while cutting headcount highlights the scale of the internal overhaul and may keep morale and execution risks in focus. Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
• Negative Sentiment: Meta’s CFO, Susan Li, sold shares in a pre-arranged transaction, which can add to short-term caution even though the sale was reportedly for tax withholding purposes. Meta Platforms NASDAQ: META CFO Susan Li Sells 2,127 Shares
• Neutral Sentiment: Meta also offered rival AI chatbots limited free access to WhatsApp in Europe, a move that could support platform usage but does not yet have a clear near-term financial impact. Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say
• Neutral Sentiment: Analysts remain generally constructive on Meta’s long-term earnings power, with Wells Fargo only slightly trimming its price target while keeping an Overweight rating. Wells Fargo Trims Meta Platforms Price Target to $765: Why the AI Infrastructure Bet Still Has Believers

Meta Platforms Stock Up 0.4%

NASDAQ:META opened at $605.06 on Thursday. The stock has a 50-day simple moving average of $619.50 and a 200 day simple moving average of $637.47. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The company has a market cap of $1.53 trillion, a PE ratio of 21.99, a PEG ratio of 1.06 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35.

Meta Platforms (NASDAQ:META - Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to analysts' expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business's quarterly revenue was up 33.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.43 EPS. On average, sell-side analysts expect that Meta Platforms, Inc. will post 29.49 EPS for the current fiscal year.

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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