Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 9.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,377 shares of the social networking company’s stock after acquiring an additional 8,426 shares during the quarter. Meta Platforms accounts for about 1.7% of Tokio Marine Asset Management Co. Ltd.’s holdings, making the stock its 8th biggest position. Tokio Marine Asset Management Co. Ltd.’s holdings in Meta Platforms were worth $54,851,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of META. RHL Group LLC acquired a new stake in Meta Platforms in the fourth quarter valued at $28,000. Strategic Wealth Advisors LLC acquired a new position in shares of Meta Platforms during the 4th quarter worth $29,000. Advantage Trust Co acquired a new position in shares of Meta Platforms during the 2nd quarter worth $28,000. Axiom Investment Management LLC acquired a new position in shares of Meta Platforms during the 1st quarter worth $36,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms in the 4th quarter worth about $42,000. Institutional investors and hedge funds own 79.91% of the company’s stock.
Insiders Place Their Bets
In related news, CFO Susan J. Li sold 9,196 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the completion of the transaction, the chief financial officer directly owned 13,186 shares in the company, valued at approximately $7,260,343.46. This represents a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $561.56, for a total value of $280,780.00. Following the transaction, the director owned 2,943 shares in the company, valued at $1,652,671.08. This trade represents a 14.52% decrease in their ownership of the stock. 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 90 days, insiders have sold 34,957 shares of company stock valued at $20,442,696. 13.53% of the stock is currently owned by company insiders.
Trending Headlines about Meta Platforms
- Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta’s social media settlement leaves its money machine unscathed
- Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta’s AI Bet Not Showing Returns, Yet
- Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
- Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
- Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta’s child-safety deal and age verification
- Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI
Analyst Ratings Changes
A number of brokerages recently commented on META. Rosenblatt Securities increased their price objective on shares of Meta Platforms from $883.00 to $886.00 and gave the company a “buy” rating in a research note on Thursday. Stifel Nicolaus reduced their price target on shares of Meta Platforms from $805.00 to $780.00 and set a “buy” rating on the stock in a report on Friday, May 1st. UBS Group lowered their price target on shares of Meta Platforms from $766.00 to $715.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. 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. Finally, BNP Paribas Exane started coverage on Meta Platforms in a research report on Tuesday, June 2nd. They set an “outperform” rating for the company. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $785.22.
Read Our Latest Stock Analysis on Meta Platforms
Meta Platforms Stock Up 1.2%
Shares of NASDAQ META opened at $578.02 on Friday. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The firm’s 50 day moving average price is $592.28 and its 200 day moving average price is $611.61. The firm has a market cap of $1.47 trillion, a P/E ratio of 21.77, a price-to-earnings-growth ratio of 0.98 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate 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 last year, the firm posted $7.14 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Meta Platforms, Inc. will post 28.5 earnings per share for the current year.
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.
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