Vista Cima Wealth Management LLC Reduces Stock Holdings in Meta Platforms, Inc. $META

Vista Cima Wealth Management LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 18.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,660 shares of the social networking company’s stock after selling 371 shares during the period. Meta Platforms makes up 0.7% of Vista Cima Wealth Management LLC’s holdings, making the stock its 29th biggest holding. Vista Cima Wealth Management LLC’s holdings in Meta Platforms were worth $957,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC raised its holdings in shares of Meta Platforms by 67,172.9% during the 1st quarter. GAMMA Investing LLC now owns 23,452,665 shares of the social networking company’s stock valued at $13,517,178,000 after buying an additional 23,417,803 shares during the period. Invesco Ltd. grew its stake in Meta Platforms by 2.3% during the 1st quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock valued at $10,184,163,000 after purchasing an additional 400,927 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Meta Platforms by 8.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock valued at $8,977,361,000 after purchasing an additional 1,255,546 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Meta Platforms by 4.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock valued at $7,229,553,000 after purchasing an additional 536,160 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Meta Platforms by 2.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,007,308 shares of the social networking company’s stock valued at $7,030,399,000 after purchasing an additional 280,357 shares in the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Trading Down 1.8%

NASDAQ:META opened at $751.98 on Thursday. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The firm has a market capitalization of $1.89 trillion, a P/E ratio of 27.23, a P/E/G ratio of 1.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. The business has a 50 day simple moving average of $740.37 and a 200 day simple moving average of $660.67.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (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 business had revenue of $47.52 billion during the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm posted $5.16 EPS. The business’s revenue for the quarter was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Equities research analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on META shares. UBS Group raised their price objective on Meta Platforms from $812.00 to $897.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Guggenheim restated a “buy” rating and set a $800.00 price objective (up previously from $725.00) on shares of Meta Platforms in a research note on Monday, July 28th. Morgan Stanley raised their price objective on Meta Platforms from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. HSBC upgraded Meta Platforms from a “hold” rating to a “buy” rating and raised their price objective for the company from $610.00 to $900.00 in a research note on Thursday, July 31st. Finally, BMO Capital Markets lifted their target price on Meta Platforms from $610.00 to $710.00 and gave the stock a “market 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. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $822.41.

Insider Activity at Meta Platforms

In other Meta Platforms news, CFO Susan J. Li sold 18,332 shares of Meta Platforms stock in a transaction 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 sale, the chief financial officer owned 84,141 shares of the company’s stock, valued at $64,343,464.11. The trade was a 17.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The shares were 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 in the company, valued at $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 282,761 shares of company stock worth $213,726,766 in the last 90 days. 13.61% of the stock is currently owned by company insiders.

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.