Greenline Partners LLC Buys 181 Shares of Meta Platforms, Inc. $META

Greenline Partners LLC increased its holdings in Meta Platforms, Inc. (NASDAQ:META) by 1.3% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,916 shares of the social networking company’s stock after buying an additional 181 shares during the period. Meta Platforms comprises approximately 1.2% of Greenline Partners LLC’s investment portfolio, making the stock its 24th biggest holding. Greenline Partners LLC’s holdings in Meta Platforms were worth $8,021,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Dorsey Asset Management LLC increased its position in shares of Meta Platforms by 18.6% in the 1st quarter. Dorsey Asset Management LLC now owns 247,057 shares of the social networking company’s stock valued at $142,394,000 after acquiring an additional 38,810 shares during the period. Edmond DE Rothschild Holding S.A. increased its position in shares of Meta Platforms by 13.8% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 35,385 shares of the social networking company’s stock valued at $20,394,000 after acquiring an additional 4,292 shares during the period. Estuary Capital Management LP acquired a new position in shares of Meta Platforms in the 1st quarter valued at $21,844,000. Cinctive Capital Management LP increased its position in shares of Meta Platforms by 48.1% in the 1st quarter. Cinctive Capital Management LP now owns 13,604 shares of the social networking company’s stock valued at $7,841,000 after acquiring an additional 4,420 shares during the period. Finally, Clark Capital Management Group Inc. increased its position in shares of Meta Platforms by 1.9% in the 1st quarter. Clark Capital Management Group Inc. now owns 239,979 shares of the social networking company’s stock valued at $138,315,000 after acquiring an additional 4,587 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms Stock Up 0.3%

META stock opened at $737.05 on Thursday. The company has a market cap of $1.85 trillion, a price-to-earnings ratio of 26.69, a PEG ratio of 1.53 and a beta of 1.24. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a 50-day moving average of $737.56 and a two-hundred day moving average of $659.04.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The company had revenue of $47.52 billion during the quarter, compared to the consensus estimate of $44.55 billion. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. Meta Platforms’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.16 EPS. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Meta Platforms

In related news, CTO Andrew Bosworth sold 11,694 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the completion of the transaction, the chief technology officer owned 1,799 shares of the company’s stock, valued at approximately $1,394,225. This trade represents a 86.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $784.32, for a total value of $364,708.80. Following the transaction, the director directly owned 8,877 shares in the company, valued at approximately $6,962,408.64. The trade was a 4.98% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 312,767 shares of company stock worth $234,716,347. Insiders own 13.61% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on META shares. Needham & Company LLC raised shares of Meta Platforms from an “underperform” rating to a “hold” rating in a report on Thursday, July 3rd. Citizens Jmp upped their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Benchmark upped their price target on shares of Meta Platforms from $800.00 to $890.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Monness Crespi & Hardt upped their price target on shares of Meta Platforms from $780.00 to $860.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, TD Cowen increased their target price on shares of Meta Platforms from $800.00 to $875.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $822.41.

Meta Platforms 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.