Katamaran Capital LLP Has $8.15 Million Position in Meta Platforms, Inc. $META

Katamaran Capital LLP decreased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 11.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,045 shares of the social networking company’s stock after selling 1,409 shares during the period. Meta Platforms makes up 7.6% of Katamaran Capital LLP’s portfolio, making the stock its 3rd biggest holding. Katamaran Capital LLP’s holdings in Meta Platforms were worth $8,152,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Inlight Wealth Management LLC bought a new position in Meta Platforms during the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Meta Platforms during the first quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Meta Platforms during the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC raised its position in Meta Platforms by 237.5% during the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after acquiring an additional 38 shares in the last quarter. Finally, JCIC Asset Management Inc. raised its position in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company’s stock valued at $46,000 after acquiring an additional 40 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Up 0.7%

Shares of META stock opened at $716.91 on Friday. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s fifty day simple moving average is $746.75 and its 200 day simple moving average is $683.72. The firm has a market capitalization of $1.80 trillion, a P/E ratio of 25.96, a price-to-earnings-growth ratio of 1.50 and a beta of 1.20. 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) last announced its earnings results on Wednesday, July 30th. The social networking company reported $7.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a net margin of 39.99% and a return on equity of 39.33%. The business had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the previous year, the firm posted $5.16 earnings per share. Meta Platforms’s revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.525 per share. The ex-dividend date was Monday, September 22nd. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. Meta Platforms’s payout ratio is currently 7.60%.

Insiders Place Their Bets

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of Meta Platforms stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $707.85, for a total transaction of $367,374.15. Following the sale, the insider owned 28,794 shares in the company, valued at $20,381,832.90. The trade was a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert M. Kimmitt sold 465 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $716.97, for a total transaction of $333,391.05. Following the completion of the sale, the director owned 7,947 shares in the company, valued at $5,697,760.59. This represents a 5.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 214,182 shares of company stock worth $164,933,323 over the last 90 days. Corporate insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. JMP Securities raised their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company a “market outperform” rating in a research report on Thursday, July 31st. HSBC raised shares of Meta Platforms from a “hold” rating to a “buy” rating and lifted their price target for the company from $610.00 to $900.00 in a research report on Thursday, July 31st. Loop Capital reissued a “buy” rating and issued a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a research report on Tuesday, August 5th. Pivotal Research lifted their price target on shares of Meta Platforms from $830.00 to $930.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, BMO Capital Markets lifted their price target on shares of Meta Platforms from $610.00 to $710.00 and gave the company a “market perform” rating in a research report on Thursday, July 31st. Four research 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $830.68.

About Meta Platforms

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.