State of Wyoming grew its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 25.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,281 shares of the social networking company’s stock after acquiring an additional 1,477 shares during the quarter. Meta Platforms accounts for about 0.4% of State of Wyoming’s investment portfolio, making the stock its 12th largest holding. State of Wyoming’s holdings in Meta Platforms were worth $4,101,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of META. Brighton Jones LLC grew its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd boosted its position in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Meta Platforms during the 2nd quarter worth approximately $213,000. Finally, Capital & Planning LLC bought a new position in shares of Meta Platforms during the 2nd quarter worth approximately $322,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Meta Platforms Stock Performance
NASDAQ META opened at $613.48 on Wednesday. The firm has a market capitalization of $1.56 trillion, a P/E ratio of 23.11, a price-to-earnings-growth ratio of 1.07 and a beta of 1.25. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $598.23 and its two-hundred day moving average price is $608.68. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80.
More Meta Platforms News
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta launched Muse, a personal AI agent that can interact with Facebook, Instagram and third-party applications to perform tasks such as sending emails, booking travel, shopping and making payments. The product includes free and paid subscription tiers, offering a potential new revenue stream beyond digital advertising. Meta launches AI agent that can access other apps to send emails, make payments
- Positive Sentiment: The rollout follows the release of Muse Spark 1.3, a model aimed at coding and extended agentic tasks. Investors viewed the development as evidence that Meta’s substantial AI investment could eventually generate financial returns; Bank of America reportedly continues to see meaningful upside in the stock. Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside
- Positive Sentiment: Meta and Panmnesia proposed a data-center architecture designed to connect computing resources more tightly for extremely large AI models. The initiative supports Meta’s strategy of building extensive AI infrastructure and could improve long-term computing efficiency. One Chip, One Datacenter: Meta and Panmnesia Extend Tight Coupling Beyond the Rack with CXL
- Neutral Sentiment: Analysts and investors remain divided over Meta’s large AI infrastructure spending, reportedly including a potential $130 billion capital-expenditure commitment. Strong advertising growth and user monetization support the investment case, but the scale of spending raises execution and return-on-investment concerns. Wall Street Keeps Asking How Much Meta Will Spend
- Negative Sentiment: Muse increases Meta’s exposure to privacy, security and consumer-trust concerns because it can access sensitive information and act across other applications. Reports noted internal concerns about potential misuse or mishandling of personal data, which could increase regulatory and reputational risks. Meta pushes into personal AI agents as company faces public reckoning over privacy and safety
- Negative Sentiment: Meta faces continuing legal pressure, including a reported lawsuit alleging facial-recognition data was used to train smart-glasses systems. Separately, the company’s chief accounting officer sold 3,240 shares under a pre-arranged Rule 10b5-1 plan; the planned nature of the sale reduces its significance, but insider selling may weigh modestly on sentiment.
Insider Activity
In related news, CAO Aaron Anderson sold 3,240 shares of the business’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the transaction, the chief accounting officer directly owned 6,271 shares of the company’s stock, valued at approximately $3,875,854.26. The trade was a 34.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 36,227 shares of company stock valued at $21,205,509. 13.53% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of analysts have recently issued reports on META shares. Bank of America lowered their price objective on shares of Meta Platforms from $835.00 to $810.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $800.00 target price on shares of Meta Platforms in a research report on Thursday, July 30th. Rothschild & Co Redburn lifted their price target on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Monness Crespi & Hardt lowered their target price on Meta Platforms from $890.00 to $730.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $785.22.
Read Our Latest Report on Meta Platforms
About Meta Platforms
Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.
Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.
The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.
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