Panoramic Capital LLC reduced its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 23.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,577 shares of the social networking company’s stock after selling 3,901 shares during the period. Meta Platforms comprises 7.7% of Panoramic Capital LLC’s investment portfolio, making the stock its 4th largest holding. Panoramic Capital LLC’s holdings in Meta Platforms were worth $7,249,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Lantern Wealth Advisors LLC grew its position in Meta Platforms by 0.5% during the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company’s stock worth $1,743,000 after acquiring an additional 14 shares during the last quarter. ABLE Financial Group LLC grew its position in shares of Meta Platforms by 0.7% in the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company’s stock worth $1,251,000 after buying an additional 15 shares during the last quarter. Cedar Point Capital Partners LLC grew its position in shares of Meta Platforms by 2.2% in the 1st quarter. Cedar Point Capital Partners LLC now owns 752 shares of the social networking company’s stock worth $433,000 after buying an additional 16 shares during the last quarter. Mosaic Family Wealth Partners LLC grew its position in shares of Meta Platforms by 1.2% in the 4th quarter. Mosaic Family Wealth Partners LLC now owns 1,435 shares of the social networking company’s stock worth $840,000 after buying an additional 17 shares during the last quarter. Finally, Orin Green Financial LLC grew its position in shares of Meta Platforms by 2.2% in the 4th quarter. Orin Green Financial LLC now owns 795 shares of the social networking company’s stock worth $465,000 after buying an additional 17 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of Meta Platforms stock in a transaction on Friday, August 1st. The stock was sold at an average price of $753.43, for a total transaction of $11,939,605.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Christopher K. Cox sold 60,000 shares of Meta Platforms stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $775.95, for a total value of $46,557,000.00. Following the transaction, the insider owned 237,205 shares of the company’s stock, valued at $184,059,219.75. The trade was a 20.19% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 312,341 shares of company stock worth $234,443,690. 13.61% of the stock is owned by insiders.

Meta Platforms Stock Up 0.5%

NASDAQ:META traded up $3.80 during trading hours on Friday, reaching $752.45. 9,655,823 shares of the company traded hands, compared to its average volume of 9,507,611. The business’s 50-day moving average price is $738.39 and its two-hundred day moving average price is $658.81. The stock has a market capitalization of $1.89 trillion, a P/E ratio of 27.24, a P/E/G ratio of 1.55 and a beta of 1.24. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. 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 (NASDAQ:META – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analysts’ expectations of $44.55 billion. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.16 earnings per share. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts predict that Meta Platforms, Inc. will post 26.7 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on META shares. Barclays lifted their price objective on Meta Platforms from $640.00 to $810.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Canaccord Genuity Group lifted their price objective on Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Morgan Stanley lifted their price objective on Meta Platforms from $750.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, July 31st. Sanford C. Bernstein lifted their price objective on Meta Platforms from $775.00 to $900.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Benchmark lifted their price objective on Meta Platforms from $800.00 to $890.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $822.41.

Get Our Latest Analysis on Meta Platforms

About Meta Platforms

(Free Report)

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.

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