Symphony Financial Ltd. Co. Purchases 1,321 Shares of Meta Platforms, Inc. $META

Symphony Financial Ltd. Co. lifted its position in Meta Platforms, Inc. (NASDAQ:META) by 14.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,717 shares of the social networking company’s stock after buying an additional 1,321 shares during the period. Symphony Financial Ltd. Co.’s holdings in Meta Platforms were worth $6,031,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of META. First National Bank Sioux Falls grew its holdings in Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after purchasing an additional 14 shares during the last quarter. Levin Capital Strategies L.P. lifted its holdings in shares of Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after purchasing an additional 14 shares during the last quarter. Vista Capital Partners Inc. boosted its position in shares of Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after purchasing an additional 14 shares in the last quarter. Acorn Creek Capital LLC boosted its position in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after purchasing an additional 15 shares in the last quarter. Finally, Objective Capital Management LLC grew its stake in Meta Platforms by 2.8% during the 4th quarter. Objective Capital Management LLC now owns 553 shares of the social networking company’s stock worth $365,000 after buying an additional 15 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

Shares of META stock opened at $610.68 on Friday. The company has a market capitalization of $1.56 trillion, a P/E ratio of 23.00, a P/E/G ratio of 1.02 and a beta of 1.25. The business’s 50 day moving average is $594.83 and its two-hundred day moving average is $609.21. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $790.80.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the business posted $7.14 earnings per share. Analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Susan Li sold 9,196 shares of Meta Platforms stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $550.61, for a total value of $5,063,409.56. Following the sale, the chief financial officer owned 13,186 shares of the company’s stock, valued at approximately $7,260,343.46. This trade represents a 41.09% 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, CTO Andrew Bosworth sold 7,848 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $4,379,184.00. Following the completion of the sale, the chief technology officer directly owned 828 shares of the company’s stock, valued at approximately $462,024. The trade was a 90.46% 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. Over the last quarter, insiders have sold 32,987 shares of company stock worth $19,202,995. Corporate insiders own 13.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on META shares. DA Davidson decreased their price target on Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Citigroup cut their price objective on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Raymond James Financial increased their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 21st. Piper Sandler reaffirmed an “overweight” rating and set a $785.00 target price (down from $800.00) on shares of Meta Platforms in a report on Thursday, July 30th. Finally, Weiss Ratings cut shares of Meta Platforms from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $785.22.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta unveiled Muse Spark 1.3, an upgraded AI model that AI chief Alexandr Wang says delivers the company’s biggest performance improvement yet and is comparable with offerings from Anthropic and OpenAI. The announcement strengthened expectations that Meta can compete more effectively in generative AI and monetize its large user base. Meta Rises 4% as Muse Spark 1.3 Claims Parity With Anthropic and OpenAI
• Positive Sentiment: Analysts said Meta’s settlement of major social-media litigation could remove a legal overhang and accelerate the launch of new AI products. Some investors view the settlement as manageable relative to Meta’s scale and believe teen-usage restrictions may have limited revenue impact. Meta settlement could clear the way for new AI product launches, Morgan Stanley says
• Positive Sentiment: Investment commentary highlighted Meta as one of the leading “hyperscalers” supporting the AI ecosystem, with strong revenue growth, user engagement and long-term AI monetization potential. Hyperscalers are the backbone of AI
• Neutral Sentiment: Wedbush reaffirmed its Neutral rating, signaling that the AI opportunity is balanced by valuation, execution and spending concerns. Wedbush Reaffirms Neutral Rating for Meta Platforms
• Negative Sentiment: Meta reportedly agreed to pay as much as $17 billion over 10 years and make major changes to Instagram and Facebook for teen users. The settlement may reduce legal uncertainty, but its cost and potential limits on engagement create financial and operating risks. Meta Is Making These Major Changes for Teen Users After $17 Billion Settlement
• Negative Sentiment: Commentary warned that AI infrastructure spending could approach $145 billion, compressing free cash flow even as revenue grows. Investors also remain concerned about Meta’s dependence on successful AI execution to justify a recovery toward its prior high. Meta Stock Has a New AI Catalyst
• Negative Sentiment: Meta is paying users to share how they use its latest AI model, raising privacy and reputational concerns that could complicate adoption. Separately, the company disabled cameras on some AI glasses after detecting tampering with recording lights. Meta is paying to peek at how you use their latest AI model

Meta Platforms 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.