Hexagon Capital Partners LLC Has $27.12 Million Position in Meta Platforms, Inc. $META

Hexagon Capital Partners LLC decreased its stake in Meta Platforms, Inc. (NASDAQ:META) by 6.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,138 shares of the social networking company’s stock after selling 3,594 shares during the period. Meta Platforms makes up 3.8% of Hexagon Capital Partners LLC’s portfolio, making the stock its 3rd largest holding. Hexagon Capital Partners LLC’s holdings in Meta Platforms were worth $27,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares during the period. Headwater Capital Co Ltd grew its position in Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after buying an additional 112,000 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Meta Platforms during the second quarter worth about $213,000. Finally, Capital & Planning LLC bought a new position in Meta Platforms during the second quarter valued at about $322,000. Institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on META shares. Citigroup cut their price target on Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a report on Thursday, July 30th. DA Davidson lowered their price objective on Meta Platforms from $850.00 to $700.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. KeyCorp cut their target price on Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Phillip Securities raised Meta Platforms to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Benchmark reiterated a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $785.22.

Insider Buying and Selling

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the transaction, the chief technology officer directly owned 828 shares of the company’s stock, valued at approximately $462,024. This trade represents a 90.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the completion of the sale, the chief accounting officer owned 6,271 shares of the company’s stock, valued at $3,875,854.26. This represents a 34.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 36,227 shares of company stock worth $21,205,509. 13.53% of the stock is currently owned by company insiders.

More Meta Platforms News

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

• Positive Sentiment: Meta’s Muse agent can perform tasks across Meta and third-party applications, including sending emails, booking travel, shopping and making payments. Free and paid tiers—reportedly priced as high as $100 per month—give investors a potential subscription revenue stream and a clearer path to monetizing AI infrastructure. Meta launches AI agent that can access other apps, send emails and make payments
• Positive Sentiment: Meta said early interest in Muse has exceeded expectations, boosting confidence that the product could achieve broad adoption across Facebook, Instagram and WhatsApp. Analysts remain constructive, with KeyBanc reaffirming an Overweight rating and a $780 price target. Meta says interest in its new AI agent has exceeded expectations
• Positive Sentiment: Market chatter indicates Meta acquired Stilla.ai to advance its Business Agent initiative. If confirmed, the deal could strengthen Meta’s tools for business automation, commerce and customer interactions. Market chatter on Meta’s acquisition of Stilla.ai
• Positive Sentiment: Anthropic reportedly posted a high-paying sales role aimed at Meta, highlighting Meta’s importance as a major AI customer and suggesting continued demand for advanced AI models and infrastructure. The posting was later removed. Anthropic posted and deleted a sales job targeting Meta
• Neutral Sentiment: Meta’s planned data-center expansion and optical-network agreements support its long-term AI ambitions, but the associated capital spending could pressure margins before agent subscriptions and other AI products become profitable. Meta’s AI capital-spending plans
• Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta less than a year after reportedly receiving a billion-dollar compensation package. The departure raises concerns about retaining elite AI talent during an increasingly competitive hiring cycle. Star AI researcher leaves Meta
• Negative Sentiment: Muse’s ability to access sensitive data and act across applications increases privacy, security and regulatory risks. Meta also faces litigation over alleged crypto-scam advertising, while its chief accounting officer sold shares under a pre-arranged Rule 10b5-1 plan.

Meta Platforms Trading Up 6.6%

META opened at $653.69 on Thursday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $790.80. The stock has a market capitalization of $1.67 trillion, a PE ratio of 24.62, a PEG ratio of 1.06 and a beta of 1.25. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $599.05 and a two-hundred day moving average price of $608.74.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period last year, the business posted $7.14 earnings per share. As a group, equities analysts anticipate that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Meta Platforms Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.