Kerusso Capital Management LLC Has $3.77 Million Position in Meta Platforms, Inc. $META

Kerusso Capital Management LLC lifted its holdings in Meta Platforms, Inc. (NASDAQ:META) by 23.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,697 shares of the social networking company’s stock after acquiring an additional 1,272 shares during the period. Kerusso Capital Management LLC’s holdings in Meta Platforms were worth $3,772,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First National Bank Sioux Falls lifted its stake in Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after buying an additional 14 shares during the period. Levin Capital Strategies L.P. increased its stake in shares of Meta Platforms by 1.4% in the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock valued at $649,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. increased its stake in shares of Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after acquiring an additional 14 shares in the last quarter. Acorn Creek Capital LLC lifted its position in shares of Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after acquiring an additional 15 shares during the period. Finally, Objective Capital Management LLC lifted its position in shares of Meta Platforms by 2.8% during the 4th quarter. Objective Capital Management LLC now owns 553 shares of the social networking company’s stock valued at $365,000 after acquiring an additional 15 shares during the period. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on META shares. KeyCorp reduced their price target on shares of Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Rothschild & Co Redburn increased their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Susquehanna reduced their target price on Meta Platforms from $900.00 to $650.00 and set a “positive” rating for the company in a research note on Thursday, July 30th. Phillip Securities raised Meta Platforms to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $700.00 price target on shares of Meta Platforms in a research note on Thursday, July 30th. Four research 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 company. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $785.22.

Meta Platforms Price Performance

Shares of NASDAQ META opened at $578.02 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The company has a 50-day moving average price of $592.28 and a 200-day moving average price of $611.14. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 21.77, a P/E/G ratio of 1.00 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80.

Meta Platforms (NASDAQ:META) last announced 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). The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms’s revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business posted $7.14 EPS. On average, equities research analysts forecast that Meta Platforms, Inc. will post 28.17 EPS for the current fiscal year.

More Meta Platforms News

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

• 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

Insider Buying and Selling

In related news, insider Curtis J. Mahoney sold 1,559 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $869,922.00. Following the completion of the sale, the insider directly owned 1,957 shares of the company’s stock, valued at approximately $1,092,006. This represents a 44.34% decrease in their position. The transaction was disclosed in a filing 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, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms 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 directly owned 828 shares in the company, valued at $462,024. This represents a 90.46% 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. Insiders sold 32,987 shares of company stock worth $19,202,995 in the last ninety days. Corporate insiders own 13.53% of the company’s stock.

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.