Styrax Capital LP Buys 16,512 Shares of Meta Platforms, Inc. $META

Styrax Capital LP raised its stake in Meta Platforms, Inc. (NASDAQ:META) by 5.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 307,981 shares of the social networking company’s stock after acquiring an additional 16,512 shares during the quarter. Meta Platforms comprises 12.3% of Styrax Capital LP’s holdings, making the stock its 2nd largest position. Styrax Capital LP’s holdings in Meta Platforms were worth $176,205,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of META. Delta Global Management LP boosted its holdings in shares of Meta Platforms by 27.7% during the first quarter. Delta Global Management LP now owns 25,733 shares of the social networking company’s stock worth $14,723,000 after acquiring an additional 5,589 shares during the period. Absolute Gestao de Investimentos Ltda. bought a new position in shares of Meta Platforms during the first quarter worth approximately $2,002,000. Insight Holdings Group LLC lifted its holdings in Meta Platforms by 88.4% during the 1st quarter. Insight Holdings Group LLC now owns 104,955 shares of the social networking company’s stock worth $60,048,000 after purchasing an additional 49,260 shares during the last quarter. Everest Financial Group LLC lifted its holdings in Meta Platforms by 23.3% during the 1st quarter. Everest Financial Group LLC now owns 26,449 shares of the social networking company’s stock worth $15,133,000 after purchasing an additional 4,998 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its stake in Meta Platforms by 26.2% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 318,367 shares of the social networking company’s stock valued at $182,147,000 after purchasing an additional 66,129 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ:META opened at $585.61 on Thursday. The company has a market cap of $1.48 trillion, a price-to-earnings ratio of 21.29, a PEG ratio of 0.99 and a beta of 1.25. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The stock has a fifty day moving average price of $603.59 and a 200-day moving average price of $624.24.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.14 EPS. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 29.4 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is currently 7.63%.

Insider Activity

In related news, CFO Susan J. Li sold 9,195 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $8,014,978.24. This trade represents a 41.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Meta Platforms stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, 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 sold 39,325 shares of company stock valued at $23,979,087 in the last 90 days. 13.53% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on META shares. KeyCorp reiterated an “overweight” rating and set a $760.00 price objective on shares of Meta Platforms in a research report on Thursday, April 30th. Wells Fargo & Company boosted their target price on shares of Meta Platforms from $767.00 to $835.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Citizens Jmp decreased their price target on shares of Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. TD Cowen lowered their price target on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $810.00 price objective on shares of Meta Platforms in a report on Monday, June 1st. Five investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average price target of $830.74.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Second-quarter revenue rose 28% year over year to $60.8 billion, exceeding the $60.2 billion consensus estimate. Advertising revenue increased 27%, ad impressions grew 14%, and average price per ad rose 12%, indicating that Meta’s core advertising business remains robust. Meta stock sinks as Q2 earnings disappoint on multiple fronts
• Positive Sentiment: Meta said Reality Labs lost more than $4.6 billion, but the loss was narrower than analysts expected. The company also continues pursuing enterprise AI, including business agents for customer service and other workplace functions. Meta’s Reality Labs lost over $4.6 billion in second quarter
• Positive Sentiment: A $14 billion El Paso data-center venture with BlackRock will help Meta secure approximately one gigawatt of AI capacity while sharing financing and balance-sheet risk. The structure could reduce the immediate burden of Meta’s infrastructure buildout, although Meta remains the facility’s primary tenant. Meta, BlackRock partner on $14 billion El Paso data center
• Positive Sentiment: Some analysts remain bullish: Guggenheim reaffirmed a Buy rating with an $800 price target, while a Seeking Alpha analysis cited a normalized operating margin of roughly 36.8% after excluding legal and severance charges. Meta Platforms Q2: The Market Sells, I Buy The Dip
• Neutral Sentiment: Meta forecast third-quarter revenue of $61 billion to $64 billion, broadly around but slightly below the $63.2 billion consensus midpoint. No EPS outlook was provided in the reported guidance. Zuckerberg also promoted open AI development and opposed restrictions on Chinese AI models, positions that may support innovation but could attract regulatory scrutiny. Zuckerberg says Meta’s enterprise AI opportunity extends beyond agents
• Negative Sentiment: Second-quarter EPS fell to $6.18, missing estimates near $7.1–$7.2 and declining from $7.14 a year earlier. Results were pressured by approximately $2.4 billion of legal costs and $1.2 billion of severance expenses. Meta misses profit expectations, sticks to massive AI spending
• Negative Sentiment: Meta plans to spend approximately $130 billion to $145 billion on AI and data-center infrastructure this year, with the minimum raised by $5 billion. Investors fear the spending will compress margins and free cash flow before a direct AI revenue stream is proven. Meta shares tumble as AI spending stuns Wall Street
• Negative Sentiment: COO Javier Olivan sold shares under a pre-arranged Rule 10b5-1 plan, reducing his holdings in two transactions. Because the sales were scheduled, they are a limited bearish signal but may reinforce investor caution. SEC insider transaction filing

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.