Yarbrough Capital LLC Raises Position in Meta Platforms, Inc. $META

Key Points

• Yarbrough Capital LLC increased its stake in Meta Platforms by 6.6%, owning 277,319 shares valued at approximately $204.7 million, making it the fund's third largest position.
• Other significant investors such as Kingstone Capital and GAMMA Investing also dramatically increased their holdings, with Kingstone growing its stake by over 608,000%.
• Meta Platforms recently reported a quarterly EPS of $7.14, surpassing expectations and driving a revenue growth of 21.6% year-over-year.

Yarbrough Capital LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 6.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 277,319 shares of the social networking company's stock after buying an additional 17,285 shares during the quarter. Meta Platforms makes up about 7.3% of Yarbrough Capital LLC's investment portfolio, making the stock its 3rd biggest position. Yarbrough Capital LLC's holdings in Meta Platforms were worth $204,686,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC grew its stake in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company's stock valued at $44,119,937,000 after purchasing an additional 59,766,000 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Meta Platforms by 67,172.9% during 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 last quarter. Nuveen LLC bought a new stake in shares of Meta Platforms during the first quarter valued at approximately $2,990,544,000. Assenagon Asset Management S.A. grew its stake in shares of Meta Platforms by 712.2% during 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 last quarter. Finally, Amundi grew its stake in shares of Meta Platforms by 23.5% during 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 last quarter. 79.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In related news, CEO Mark Zuckerberg sold 15,847 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $753.43, for a total value of $11,939,605.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Christopher K. Cox sold 60,000 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total transaction of $46,557,000.00. Following the completion of the transaction, the insider directly owned 237,205 shares of the company's stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 230,336 shares of company stock worth $176,625,049 in the last three months. 13.61% of the stock is currently owned by company insiders.

Meta Platforms Trading Down 0.7%

Shares of NASDAQ META opened at $743.75 on Friday. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. The company's fifty day moving average is $751.74 and its 200-day moving average is $670.49. The stock has a market cap of $1.87 trillion, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.56 and a beta of 1.24.

Meta Platforms (NASDAQ:META - Get Free Report) last issued its quarterly earnings data 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. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same period last year, the business posted $5.16 earnings per share. The firm's quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be given a $0.525 dividend. The ex-dividend date of this dividend is Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms's dividend payout ratio (DPR) is 7.60%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wedbush increased their price target on shares of Meta Platforms from $750.00 to $920.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Pivotal Research increased their price objective on shares of Meta Platforms from $830.00 to $930.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Benchmark increased their price objective on shares of Meta Platforms from $800.00 to $890.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Citizens Jmp increased their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Sanford C. Bernstein increased their price objective on shares of Meta Platforms from $775.00 to $900.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $826.05.

Meta Platforms 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.