Oriental Harbor Investment Master Fund Has $100.08 Million Holdings in Meta Platforms, Inc. $META

Oriental Harbor Investment Master Fund lowered its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 25.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,587 shares of the social networking company’s stock after selling 45,486 shares during the quarter. Meta Platforms accounts for approximately 7.2% of Oriental Harbor Investment Master Fund’s investment portfolio, making the stock its 7th largest position. Oriental Harbor Investment Master Fund’s holdings in Meta Platforms were worth $100,075,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC raised its position in shares of Meta Platforms by 608,429.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 59,775,823 shares of the social networking company’s stock worth $44,119,937,000 after purchasing an additional 59,766,000 shares during the period. Invesco Ltd. raised its position in shares of Meta Platforms by 2.3% during the first quarter. Invesco Ltd. now owns 17,669,795 shares of the social networking company’s stock worth $10,184,163,000 after purchasing an additional 400,927 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Meta Platforms by 8.8% during the first quarter. Goldman Sachs Group Inc. now owns 15,575,962 shares of the social networking company’s stock worth $8,977,361,000 after purchasing an additional 1,255,546 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Meta Platforms by 4.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 12,543,468 shares of the social networking company’s stock worth $7,229,553,000 after purchasing an additional 536,160 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Meta Platforms by 2.5% during the first quarter. Wellington Management Group LLP now owns 10,041,171 shares of the social networking company’s stock worth $5,787,329,000 after purchasing an additional 247,850 shares during the period. Institutional investors own 79.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on META. Truist Financial set a $880.00 target price on Meta Platforms in a research report on Thursday, September 18th. Royal Bank Of Canada lifted their price target on Meta Platforms from $740.00 to $840.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. TD Cowen lifted their price target on Meta Platforms from $800.00 to $875.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Stifel Nicolaus lifted their price target on Meta Platforms from $845.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, Loop Capital reiterated a “buy” rating and set a $980.00 price target (up previously from $888.00) on shares of Meta Platforms in a report on Tuesday, August 5th. Five research analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Meta Platforms has an average rating of “Buy” and an average target price of $829.66.

Insider Transactions at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $736.37, for a total transaction of $382,176.03. Following the completion of the sale, the insider owned 28,275 shares in the company, valued at approximately $20,820,861.75. This represents a 1.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 465 shares of the company’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $716.97, for a total value of $333,391.05. Following the sale, the director owned 7,947 shares of the company’s stock, valued at approximately $5,697,760.59. This trade represents a 5.53% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 213,665 shares of company stock worth $164,581,886. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $738.36 on Monday. The business’s 50-day moving average price is $742.11 and its two-hundred day moving average price is $692.08. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97. Meta Platforms, Inc. has a one year low of $479.80 and a one year high of $796.25. The company has a market capitalization of $1.85 trillion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 1.57 and a beta of 1.20.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, beating analysts’ consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter in the previous year, the company posted $5.16 earnings per share. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. Meta Platforms has set its Q3 2025 guidance at EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

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

Meta Platforms Company Profile

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.