Massachusetts Financial Services Co. MA Cuts Position in Meta Platforms, Inc. $META

Massachusetts Financial Services Co. MA decreased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 18.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,600,708 shares of the social networking company’s stock after selling 806,527 shares during the quarter. Meta Platforms accounts for about 0.7% of Massachusetts Financial Services Co. MA’s holdings, making the stock its 28th largest holding. Massachusetts Financial Services Co. MA owned 0.14% of Meta Platforms worth $2,066,228,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Meta Platforms by 1.7% during the 4th quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after buying an additional 570 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings 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 worth $5,537,000 after acquiring an additional 875 shares in the last quarter. Headwater Capital Co Ltd increased its holdings in Meta Platforms by 294.7% in 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 in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Meta Platforms during the second quarter worth $213,000. Finally, Capital & Planning LLC acquired a new position in Meta Platforms during the second quarter worth $322,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Performance

META opened at $578.54 on Wednesday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $790.80. The firm has a market capitalization of $1.47 trillion, a PE ratio of 21.79, a PEG ratio of 0.99 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 50-day moving average price is $592.78 and its 200 day moving average price is $609.82.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 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 business had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same quarter in the previous year, the company posted $7.14 EPS. The firm’s revenue was up 28.0% on a year-over-year basis. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 28.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other Meta Platforms news, 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 transaction, the chief technology officer owned 828 shares of the company’s stock, valued at approximately $462,024. The trade was a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the company’s 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 completion of the sale, the chief financial officer owned 13,186 shares of the company’s stock, valued at approximately $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 32,987 shares of company stock valued at $19,202,995. Insiders own 13.53% of the company’s stock.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Analysts see Meta’s AI investments improving ad targeting and engagement, potentially allowing the company to challenge Google for digital-advertising leadership. The strong advertising outlook is particularly important after Meta’s latest quarter delivered 28% year-over-year revenue growth to $60.8 billion. Meta versus Google advertising analysis
• Positive Sentiment: Several reports characterize META as undervalued, citing a forward P/E of roughly 16—well below its historical average—and arguing that legal clarity plus new AI products could support substantial upside. The settlement may remove a major overhang even though it carries a large financial charge. Meta valuation and AI upside analysis
• Positive Sentiment: Wedbush reaffirmed a Neutral rating but raised or maintained a $595 price target, implying modest upside from the referenced trading level. Separately, the planned IPO of Meta-backed Indian telecom operator Jio Platforms could improve the value and liquidity of an important investment. Meta market news Jio Platforms IPO approval
• Neutral Sentiment: Meta is switching internal communications from Google Chat to Slack because management considers Slack better suited to AI agents. The move highlights Meta’s push to integrate AI into operations but is not expected to materially change near-term financial results. Meta switches to Slack
• Neutral Sentiment: Meta-backed AI startup Manus said it has resumed independent operations after China blocked Meta’s proposed acquisition. This removes some uncertainty around the transaction but also means Meta will not immediately gain full ownership of the startup. Manus resumes independent operations
• Negative Sentiment: The approximately $17 billion–$18 billion settlement over alleged harm to children creates a substantial cash cost and requires stronger age verification, potentially increasing compliance expenses and reducing young-user engagement. Critics also question whether the agreement will resolve regulatory pressure. Meta child-safety settlement requirements
• Negative Sentiment: Reports that Meta spent heavily on AI infrastructure underscore depreciation and capital-expenditure risks: investors must determine whether the spending will generate enough incremental advertising and product revenue. Meta also removed dozens of India-based malware advertisements, highlighting continuing platform-safety and reputational risks. Big Tech AI spending risks Meta removes fraudulent India ads

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Barclays dropped their target price on shares of Meta Platforms from $830.00 to $780.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. The Goldman Sachs Group decreased their price target on shares of Meta Platforms from $815.00 to $725.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Wolfe Research reiterated an “outperform” rating and set a $700.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Rothschild & Co Redburn increased their target price on Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Finally, Needham & Company LLC restated a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $785.22.

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.