TB Alternative Assets Ltd. Trims Stock Position in Meta Platforms, Inc. $META

TB Alternative Assets Ltd. trimmed its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 24.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 102,040 shares of the social networking company’s stock after selling 32,960 shares during the quarter. Meta Platforms accounts for 9.2% of TB Alternative Assets Ltd.’s portfolio, making the stock its 5th biggest position. TB Alternative Assets Ltd.’s holdings in Meta Platforms were worth $57,478,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of META. RHL Group LLC acquired a new position in shares of Meta Platforms in the 4th quarter valued at $28,000. Strategic Wealth Advisors LLC acquired a new position in Meta Platforms in the fourth quarter valued at about $29,000. Niles Investment Management LLC bought a new position in Meta Platforms during the fourth quarter worth about $29,000. Axiom Investment Management LLC acquired a new position in shares of Meta Platforms during the 1st quarter worth about $36,000. Finally, Bayban increased its stake in shares of Meta Platforms by 100.0% in the 1st quarter. Bayban now owns 70 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 35 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta’s AI investments are showing measurable benefits: second-quarter revenue increased 28% year over year to $60.8 billion, while AI-driven ad ranking reportedly lifted clicks and conversions. Advantage+ reached a $75 billion annual revenue run rate, supporting the argument that AI can improve monetization and eventually offset heavy infrastructure spending. Meta’s AI Payoff Has Already Begun
• Positive Sentiment: Some analysts and institutional investors remain constructive, viewing the recent selloff as excessive and citing future margin expansion, WhatsApp monetization and additional AI businesses as potential upside drivers. Meta also remains a major holding among several large investment firms. Meta’s Dip Offers A 30% Upside Potential
• Neutral Sentiment: Options traders are reportedly using range-bound strategies, indicating that markets may expect elevated volatility but no immediate decisive move while the legal proceedings unfold. Meta’s legal troubles has options traders eyeing the jade lizard
• Neutral Sentiment: CFO Susan Li sold 2,127 shares to cover tax withholding tied to vested equity awards. Because the transaction was described as tax-related rather than discretionary, it is unlikely to materially change the investment thesis. Susan Li Sells Meta Shares
• Negative Sentiment: The central market overhang is the landmark federal child-safety trial involving 29 states. Prosecutors allege Facebook and Instagram were deliberately designed to encourage addictive use among children, while former safety personnel have testified that Meta ignored or minimized internal warnings. A loss could lead to substantial penalties, product changes, restrictions on youth engagement and follow-on litigation, potentially threatening user activity and advertising revenue. Former Meta engineer resumes testimony
• Negative Sentiment: Privacy criticism surrounding Meta’s smart glasses, including workplace restrictions and reports of people being recorded without consent, creates reputational and adoption risks for the company’s wearables strategy. Meta Glasses privacy concerns

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Bank of America reduced their price objective on shares of Meta Platforms from $835.00 to $810.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Evercore reissued an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 30th. Weiss Ratings lowered Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, June 26th. DA Davidson lowered their price target on Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Robert W. Baird lowered their target price on Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $785.32.

Meta Platforms Trading Up 0.4%

Meta Platforms stock opened at $546.03 on Thursday. The company has a market cap of $1.39 trillion, a price-to-earnings ratio of 20.57, a P/E/G ratio of 0.93 and a beta of 1.25. The firm has a 50-day moving average of $594.30 and a 200-day moving average of $617.08. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $790.80.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same period in the prior year, the firm posted $7.14 EPS. Meta Platforms’s revenue was up 28.0% compared to the same quarter last year. On average, equities analysts expect that Meta Platforms, Inc. will post 28.5 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s payout ratio is 7.91%.

Insider Activity

In other Meta Platforms news, CFO Susan J. Li sold 2,127 shares of the company’s stock in a transaction on Saturday, August 15th. The shares were sold at an average price of $689.85, for a total transaction of $1,467,310.95. Following the sale, the chief financial officer directly owned 15,347 shares of the company’s stock, valued at approximately $10,587,127.95. This represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Javier Olivan sold 1,258 shares of Meta Platforms stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $600.00, for a total transaction of $754,800.00. Following the completion of the transaction, the chief operating officer directly owned 1,517 shares of the company’s stock, valued at approximately $910,200. This trade represents a 45.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 19,899 shares of company stock valued at $12,290,969. 13.53% of the stock is owned by insiders.

Meta Platforms Company Profile

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.