CapitalatWork S.A. Purchases 14,405 Shares of Meta Platforms, Inc. $META

CapitalatWork S.A. increased its position in Meta Platforms, Inc. (NASDAQ:META) by 14.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 116,973 shares of the social networking company’s stock after purchasing an additional 14,405 shares during the quarter. Meta Platforms makes up about 1.7% of CapitalatWork S.A.’s investment portfolio, making the stock its 26th largest holding. CapitalatWork S.A.’s holdings in Meta Platforms were worth $65,890,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in META. Brighton Jones LLC grew its position in shares of Meta Platforms by 1.7% in the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its position in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares during the period. Headwater Capital Co Ltd lifted its position in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after acquiring an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Meta Platforms during the second quarter worth about $213,000. Finally, Capital & Planning LLC bought a new stake in Meta Platforms during the second quarter worth about $322,000. 79.91% of the stock is currently owned by institutional investors.

Meta Platforms News Summary

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

• Positive Sentiment: Settlement ends a high-profile trial and reduces legal uncertainty. Meta agreed to pay up to roughly $16.7 billion–$18 billion to settle claims brought by dozens of states alleging that Facebook and Instagram harmed or misled young users. Investors appear to prefer a defined cost over the possibility of much larger damages or an adverse trial ruling. The payout is substantial but reportedly equivalent to only several months of Meta’s profits. Reuters settlement report
• Positive Sentiment: Restrictions are less disruptive than a fundamental business overhaul. The agreement requires measures including two-hour daily limits for teenage users, overnight blocking, muted school-hour notifications, autoplay controls, parental tools and stronger age verification. However, Meta is not required to abandon personalized recommendations or targeted advertising, preserving the core of its advertising model. Associated Press settlement report
• Neutral Sentiment: Investors continue to highlight Meta’s advertising and AI potential. A bullish analysis points to improving ad-ranking algorithms, rising ad impressions and pricing, strong network effects and Meta’s AA- credit rating. Evercore ISI also sees possible future revenue from excess AI-computing capacity as Meta expands its data-center infrastructure. These catalysts compete with concerns that the stock has declined in recent months and remains below its longer-term moving averages. Invezz AI infrastructure analysis
• Negative Sentiment: The settlement creates meaningful financial and regulatory costs. The maximum payment could reach $18 billion, while usage limits may reduce teen engagement and potentially weaken future advertising data and impressions. Reports also question whether Meta’s age-verification technology works reliably, and the company’s final obligations could become stricter if TikTok, YouTube and other competitors adopt similar safeguards. Meta still faces thousands of additional youth-related lawsuits. TechCrunch age-verification report

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Stifel Nicolaus reduced their price objective on Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a research report on Friday, May 1st. TD Cowen dropped their target price on Meta Platforms from $800.00 to $750.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Bank of America cut their target price on Meta Platforms from $835.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. The Goldman Sachs Group cut their target price on Meta Platforms from $815.00 to $725.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, Guggenheim restated a “buy” rating and set a $800.00 price target on shares of Meta Platforms in a report on Tuesday, July 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $785.32.

Meta Platforms Price Performance

NASDAQ META opened at $576.14 on Thursday. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 21.70, a PEG ratio of 0.97 and a beta of 1.25. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $790.80. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The business’s fifty day moving average price is $592.39 and its 200-day moving average price is $612.48.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%.The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter last year, the company earned $7.14 EPS. Meta Platforms’s revenue for the quarter was up 28.0% on a year-over-year basis. On average, equities analysts predict that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.

Insider Buying and Selling at Meta Platforms

In related news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction on Monday, July 6th. The stock was sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at approximately $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 1,559 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $869,922.00. Following the sale, the insider directly owned 1,957 shares of the company’s stock, valued at $1,092,006. This represents a 44.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 34,957 shares of company stock worth $20,442,696. 13.53% of the stock is owned by insiders.

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.