Tsai Capital Corp Boosts Holdings in Meta Platforms, Inc. $META

Tsai Capital Corp raised its position in Meta Platforms, Inc. (NASDAQ:META) by 69.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,104 shares of the social networking company’s stock after acquiring an additional 3,736 shares during the quarter. Meta Platforms makes up about 4.1% of Tsai Capital Corp’s investment portfolio, making the stock its 7th largest holding. Tsai Capital Corp’s holdings in Meta Platforms were worth $6,009,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of META. Brighton Jones LLC grew its holdings in 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 purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC raised its stake in Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after buying an additional 875 shares during the period. Headwater Capital Co Ltd raised its stake in Meta Platforms by 294.7% in the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock valued at $86,454,000 after buying an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Meta Platforms in the second quarter valued at approximately $213,000. Finally, Capital & Planning LLC acquired a new stake in shares of Meta Platforms in the second quarter valued at approximately $322,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 0.4%

META opened at $605.06 on Thursday. The stock has a fifty day moving average of $619.50 and a 200-day moving average of $637.47. The company has a market capitalization of $1.53 trillion, a P/E ratio of 21.99, a P/E/G ratio of 1.06 and a beta of 1.25. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The business had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the prior year, the company posted $6.43 earnings per share. Meta Platforms’s revenue was up 33.1% compared to the same quarter last year. On average, equities analysts expect that Meta Platforms, Inc. will post 29.49 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Javier Olivan sold 2,778 shares of Meta Platforms stock in a transaction on Monday, April 13th. The shares were sold at an average price of $629.45, for a total value of $1,748,612.10. Following the completion of the transaction, the chief operating officer directly owned 10,557 shares of the company’s stock, valued at $6,645,103.65. This represents a 20.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 171,517 shares of company stock worth $109,138,067 in the last quarter. Corporate insiders own 13.53% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Citizens Jmp reissued a “market outperform” rating and set a $900.00 target price on shares of Meta Platforms in a report on Tuesday, April 21st. Pivotal Research reduced their price objective on shares of Meta Platforms from $930.00 to $910.00 and set a “buy” rating for the company in a research report on Thursday, January 29th. Tigress Financial upped their price objective on shares of Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a report on Wednesday, March 18th. Monness Crespi & Hardt increased their price objective on shares of Meta Platforms from $808.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Meta Platforms in a report on Friday, March 27th. Four investment 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $840.19.

Meta Platforms News Summary

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

• Negative Sentiment: Meta began cutting about 8,000 jobs, or roughly 10% of its workforce, as part of a broader AI-first restructuring. Investors may view the move as evidence that the company needs to offset rising AI investment costs, which could weigh on near-term profitability. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
• Negative Sentiment: Multiple reports say Meta tied the layoffs to funding its AI push, reinforcing worries that aggressive investment in AI could pressure earnings and cash flow before the benefits show up. Zuckerberg says ‘success isn’t a given’ in memo to employees amid Meta layoffs
• Negative Sentiment: Management’s decision to reassign about 7,000 workers into AI-related roles while cutting headcount highlights the scale of the internal overhaul and may keep morale and execution risks in focus. Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
• Negative Sentiment: Meta’s CFO, Susan Li, sold shares in a pre-arranged transaction, which can add to short-term caution even though the sale was reportedly for tax withholding purposes. Meta Platforms (NASDAQ:META) CFO Susan Li Sells 2,127 Shares
• Neutral Sentiment: Meta also offered rival AI chatbots limited free access to WhatsApp in Europe, a move that could support platform usage but does not yet have a clear near-term financial impact. Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say
• Neutral Sentiment: Analysts remain generally constructive on Meta’s long-term earnings power, with Wells Fargo only slightly trimming its price target while keeping an Overweight rating. Wells Fargo Trims Meta Platforms Price Target to $765: Why the AI Infrastructure Bet Still Has Believers

About Meta Platforms

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.