Blue Rock Wealth Management LLC Takes $506,000 Position in Meta Platforms, Inc. $META

Blue Rock Wealth Management LLC purchased a new stake in Meta Platforms, Inc. (NASDAQ:META) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 878 shares of the social networking company’s stock, valued at approximately $506,000.

A number of other large investors also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Meta Platforms by 67,172.9% in the 1st 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. Invesco Ltd. increased its position in shares of Meta Platforms by 2.3% in the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after buying an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Meta Platforms by 8.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after buying an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Meta Platforms by 4.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after buying an additional 536,160 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Meta Platforms by 2.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company’s stock valued at $7,030,399,000 after buying an additional 280,357 shares in the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insiders Place Their Bets

In related news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $376,923.75. Following the completion of the sale, the insider directly owned 31,908 shares in the company, valued at approximately $23,173,185. This trade represents a 1.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert M. Kimmitt sold 465 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $784.32, for a total transaction of $364,708.80. Following the completion of the sale, the director owned 8,877 shares of the company’s stock, valued at $6,962,408.64. This trade represents a 4.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 282,244 shares of company stock worth $213,336,095 in the last three months. Insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on META. TD Cowen upped their price objective on shares of Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. DA Davidson upped their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Zacks Research cut shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. JMP Securities upped their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $920.00 target price on shares of Meta Platforms in a report on Wednesday, August 13th. Three equities research 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 company. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $822.41.

Meta Platforms Trading Up 1.8%

Meta Platforms stock opened at $765.70 on Wednesday. The firm has a 50-day moving average of $739.60 and a 200-day moving average of $660.03. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market cap of $1.92 trillion, a price-to-earnings ratio of 27.72, a P/E/G ratio of 1.55 and a beta of 1.24.

Meta Platforms (NASDAQ:META) last posted 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 company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. During the same period in the prior year, the business posted $5.16 EPS. The company’s quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

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.