Meta Platforms, Inc. $META Shares Sold by Titan Global Capital Management USA LLC

Titan Global Capital Management USA LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META) by 15.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,213 shares of the social networking company’s stock after selling 6,639 shares during the period. Meta Platforms comprises approximately 4.1% of Titan Global Capital Management USA LLC’s holdings, making the stock its 7th largest holding. Titan Global Capital Management USA LLC’s holdings in Meta Platforms were worth $20,295,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC grew its holdings 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 worth $13,517,178,000 after purchasing an additional 23,417,803 shares during the last quarter. Nuveen LLC bought a new position in Meta Platforms during the 1st quarter valued at about $2,990,544,000. Northern Trust Corp boosted its position in Meta Platforms by 13.5% in the fourth quarter. Northern Trust Corp now owns 23,445,565 shares of the social networking company’s stock valued at $13,727,613,000 after buying an additional 2,787,832 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in 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 worth $1,462,589,000 after buying an additional 2,225,186 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Meta Platforms during the fourth quarter worth about $1,162,918,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on META. KeyCorp raised their price target on Meta Platforms from $800.00 to $905.00 and gave the company an “overweight” rating in a report on Thursday, July 31st. Roth Capital increased their target price on Meta Platforms from $620.00 to $740.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Loop Capital reaffirmed a “buy” rating and issued a $980.00 price target (up from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Piper Sandler upped their price target on shares of Meta Platforms from $808.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Scotiabank raised their price objective on shares of Meta Platforms from $675.00 to $685.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $822.41.

Meta Platforms Stock Up 2.1%

NASDAQ:META opened at $754.79 on Friday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-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 firm has a market capitalization of $1.90 trillion, a P/E ratio of 27.33, a P/E/G ratio of 1.54 and a beta of 1.27. The stock’s fifty day simple moving average is $730.31 and its 200-day simple moving average is $657.68.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. During the same period in the prior year, the business posted $5.16 EPS. Meta Platforms’s revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Meta Platforms Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Monday, June 16th were given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 16th. Meta Platforms’s payout ratio is currently 7.60%.

Insider Buying and Selling

In related news, insider Christopher K. Cox sold 60,000 shares of the 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 owned 237,205 shares in the company, valued at approximately $184,059,219.75. This represents a 20.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Susan J. Li sold 18,332 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the transaction, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 313,803 shares of company stock valued at $235,276,424. Company insiders own 13.61% of the company’s stock.

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.