10,234 Shares in Meta Platforms, Inc. $META Purchased by Nightview Capital LLC

Nightview Capital LLC bought a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 10,234 shares of the social networking company’s stock, valued at approximately $5,898,000. Meta Platforms comprises 3.8% of Nightview Capital LLC’s investment portfolio, making the stock its 9th biggest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Inlight Wealth Management LLC acquired a new stake in Meta Platforms during the first quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Meta Platforms during the first quarter worth approximately $33,000. JCIC Asset Management Inc. boosted its position in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock worth $46,000 after purchasing an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new position in Meta Platforms during the fourth quarter worth approximately $47,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

NASDAQ META opened at $748.65 on Friday. The company has a market cap of $1.88 trillion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.24. The stock’s 50 day simple moving average is $738.01 and its 200-day simple moving average is $659.12. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping 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 firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the business posted $5.16 earnings per share. The firm’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on META. Pivotal Research increased their price target on Meta Platforms from $830.00 to $930.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and increased their price target for the stock from $610.00 to $900.00 in a research report on Thursday, July 31st. Oppenheimer increased their price target on Meta Platforms from $775.00 to $870.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. KeyCorp increased their price target on Meta Platforms from $800.00 to $905.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Finally, Morgan Stanley raised their target price on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $822.41.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction that occurred on 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 in the company, valued at approximately $64,343,464.11. This trade represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Christopher K. Cox sold 60,000 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $775.95, for a total value of $46,557,000.00. Following the sale, the insider directly owned 237,205 shares of the company’s stock, valued at approximately $184,059,219.75. This trade represents a 20.19% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 312,341 shares of company stock worth $234,443,690. 13.61% of the stock is owned by corporate insiders.

Meta Platforms 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.