Night Owl Capital Management LLC Raises Stock Holdings in Meta Platforms, Inc. $META

Night Owl Capital Management LLC raised its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 3.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,601 shares of the social networking company’s stock after purchasing an additional 1,995 shares during the quarter. Meta Platforms accounts for 3.8% of Night Owl Capital Management LLC’s portfolio, making the stock its 13th largest position. Night Owl Capital Management LLC’s holdings in Meta Platforms were worth $30,317,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC boosted its stake in 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 acquiring an additional 23,417,803 shares during the last quarter. Invesco Ltd. lifted its position in shares of Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Meta Platforms by 8.8% in the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $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 2.4% in the fourth 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 worth $7,030,399,000 after purchasing an additional 280,357 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in Meta Platforms by 2.5% in the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock valued at $5,787,329,000 after buying an additional 247,850 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO Javier Olivan sold 517 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total transaction of $375,471.25. Following the completion of the sale, the chief operating officer directly owned 12,094 shares in the company, valued at approximately $8,783,267.50. This trade represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $726.25, for a total value of $376,923.75. Following the completion of the transaction, the insider directly owned 31,908 shares in the company, valued at $23,173,185. This represents a 1.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 312,341 shares of company stock worth $234,443,690 in the last ninety days. Insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on META shares. Zacks Research lowered Meta Platforms from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Citigroup restated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, July 31st. Canaccord Genuity Group increased their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. DA Davidson lifted their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, Robert W. Baird upped their target price on shares of Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $822.41.

Meta Platforms Stock Up 1.6%

META stock opened at $748.65 on Friday. The firm’s 50-day moving average is $738.01 and its two-hundred day moving average is $659.12. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.88 trillion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.52 and a beta of 1.24. Meta Platforms, Inc. has a 52 week low of $479.80 and a 52 week high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $44.55 billion. During the same quarter in the previous year, the company earned $5.16 earnings per share. The firm’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. On average, analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

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.