Meta Platforms, Inc. $META Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 6.0% in the third quarter, HoldingsChannel.com reports. The firm owned 2,283,132 shares of the social networking company’s stock after acquiring an additional 128,421 shares during the quarter. Meta Platforms comprises 4.2% of Bank Julius Baer & Co. Ltd Zurich’s holdings, making the stock its 5th largest position. Bank Julius Baer & Co. Ltd Zurich’s holdings in Meta Platforms were worth $1,661,845,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Fairtree Asset Management Pty Ltd lifted its holdings in shares of Meta Platforms by 18.6% in the 2nd quarter. Fairtree Asset Management Pty Ltd now owns 18,777 shares of the social networking company’s stock worth $10,577,000 after purchasing an additional 2,939 shares in the last quarter. Madison Wealth Partners Inc increased its stake in shares of Meta Platforms by 33.6% in the 2nd quarter. Madison Wealth Partners Inc now owns 3,031 shares of the social networking company’s stock valued at $1,707,000 after purchasing an additional 763 shares in the last quarter. William John Sempolinski acquired a new stake in Meta Platforms in the 2nd quarter valued at about $3,107,000. Sone Capital Management LLC increased its position in shares of Meta Platforms by 38.2% in the second quarter. Sone Capital Management LLC now owns 16,059 shares of the social networking company’s stock valued at $9,046,000 after buying an additional 4,440 shares in the last quarter. Finally, Lakewood Capital Management LP increased its holdings in Meta Platforms by 63.7% in the second quarter. Lakewood Capital Management LP now owns 115,985 shares of the social networking company’s stock valued at $65,333,000 after buying an additional 45,130 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

More Meta Platforms News

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

  • Positive Sentiment: Meta launched Spaces, a collaboration feature for its Muse AI agents, following the rollout of Muse Voice. The new offerings may help strengthen user engagement and expand Meta’s consumer AI ecosystem. Meta introduces Spaces
  • Positive Sentiment: Recent earnings commentary points to AI supporting Meta’s advertising operations, reinforcing the potential for the company’s AI investments to generate revenue. Takeaways from recent earnings
  • Neutral Sentiment: Meta paused planned updates to its terms and is keeping existing rules in place. The move avoids an immediate policy change, though the underlying issues remain unresolved. Meta pauses planned terms updates
  • Neutral Sentiment: Plans for new nonvoting Class C shares have been described as effectively creating a 2-for-1 split. A split changes the number of shares, but does not by itself change the company’s underlying value; the structure preserves Mark Zuckerberg’s voting control. Is Meta Platforms next for a stock split?
  • Negative Sentiment: Meta and other platforms sued to block California restrictions on social-media features for users under 16. The case adds regulatory uncertainty and potential legal costs. Platforms sue over California teen social-media law
  • Negative Sentiment: Meta warned that political backlash and possible limits on data-center construction could complicate its AI expansion. Its $15 billion senior-notes offering also highlights the scale of financing required for investment. Data-center expansion concerns
  • Negative Sentiment: Reported ETF net selling and insider share sales may add short-term pressure, although the disclosed insider transaction was made under a pre-arranged trading plan. ETFs are net sellers of Meta Platforms

Meta Platforms Stock Up 0.8%

Meta Platforms stock opened at $610.15 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.90 and a current ratio of 1.90. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The stock has a market cap of $1.56 trillion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.28. The firm’s 50-day simple moving average is $674.97 and its 200 day simple moving average is $632.16.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The social networking company reported $7.40 EPS for the quarter, topping analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a net margin of 31.15% and a return on equity of 30.73%. The firm had revenue of $64.60 billion for the quarter, compared to analysts’ expectations of $63.34 billion. During the same period in the prior year, the business posted $7.25 earnings per share. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. Research analysts predict that Meta Platforms, Inc. will post 29.01 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were issued a dividend of $0.5250 per share. The ex-dividend date was Monday, September 21st. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s dividend payout ratio (DPR) is 7.16%.

Insider Buying and Selling at Meta Platforms

In related news, insider Christopher Cox sold 40,000 shares of the business’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total value of $28,510,400.00. Following the completion of the transaction, the insider owned 184,516 shares of the company’s stock, valued at $131,515,624.16. The trade was a 17.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of the company’s stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $777.44, for a total transaction of $21,359,386.56. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 151,090 shares of company stock valued at $103,150,807 in the last three months. Corporate insiders own 13.53% of the company’s stock.

Analysts Set New Price Targets

META has been the topic of several analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $800.00 target price (down from $850.00) on shares of Meta Platforms in a report on Thursday, July 30th. Citic Securities dropped their target price on shares of Meta Platforms from $770.00 to $718.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Yorkville Ives started coverage on Meta Platforms in a report on Tuesday, October 6th. They set an “outperform” rating and a $900.00 price target for the company. DA Davidson boosted their target price on Meta Platforms from $700.00 to $800.00 and gave the company a “buy” rating in a research report on Thursday, October 22nd. Finally, Susquehanna lifted their target price on Meta Platforms from $650.00 to $850.00 and gave the stock a “positive” rating in a report on Thursday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $833.12.

Get Our Latest Research Report on Meta Platforms

Meta Platforms Company Profile

(Free Report)

Meta Platforms, Inc is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world.

The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.

Founded in 2004 as Facebook by Mark Zuckerberg and fellow students, the company changed its name to Meta Platforms in 2021 to reflect its broader focus on building social technologies and immersive digital experiences.

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Institutional Ownership by Quarter for Meta Platforms (NASDAQ:META)

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