Delta Global Management LP Increases Stock Holdings in Meta Platforms, Inc. $META

Delta Global Management LP lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 27.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 25,733 shares of the social networking company’s stock after acquiring an additional 5,589 shares during the period. Delta Global Management LP’s holdings in Meta Platforms were worth $14,723,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Absolute Gestao de Investimentos Ltda. acquired a new stake in Meta Platforms in the 1st quarter valued at about $2,002,000. Insight Holdings Group LLC raised its position in Meta Platforms by 88.4% during the first quarter. Insight Holdings Group LLC now owns 104,955 shares of the social networking company’s stock worth $60,048,000 after acquiring an additional 49,260 shares during the last quarter. Everest Financial Group LLC lifted its holdings in shares of Meta Platforms by 23.3% in the first quarter. Everest Financial Group LLC now owns 26,449 shares of the social networking company’s stock valued at $15,133,000 after purchasing an additional 4,998 shares in the last quarter. OMERS ADMINISTRATION Corp lifted its holdings in shares of Meta Platforms by 26.2% in the first quarter. OMERS ADMINISTRATION Corp now owns 318,367 shares of the social networking company’s stock valued at $182,147,000 after purchasing an additional 66,129 shares in the last quarter. Finally, Tiger Global Management LLC grew its position in shares of Meta Platforms by 12.2% in the first quarter. Tiger Global Management LLC now owns 3,086,864 shares of the social networking company’s stock valued at $1,766,088,000 after purchasing an additional 336,249 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Key Meta Platforms News

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

• Positive Sentiment: Second-quarter revenue rose 28% year over year to $60.8 billion, exceeding the $60.2 billion consensus estimate. Advertising revenue increased 27%, ad impressions grew 14%, and average price per ad rose 12%, indicating that Meta’s core advertising business remains robust. Meta stock sinks as Q2 earnings disappoint on multiple fronts
• Positive Sentiment: Meta said Reality Labs lost more than $4.6 billion, but the loss was narrower than analysts expected. The company also continues pursuing enterprise AI, including business agents for customer service and other workplace functions. Meta’s Reality Labs lost over $4.6 billion in second quarter
• Positive Sentiment: A $14 billion El Paso data-center venture with BlackRock will help Meta secure approximately one gigawatt of AI capacity while sharing financing and balance-sheet risk. The structure could reduce the immediate burden of Meta’s infrastructure buildout, although Meta remains the facility’s primary tenant. Meta, BlackRock partner on $14 billion El Paso data center
• Positive Sentiment: Some analysts remain bullish: Guggenheim reaffirmed a Buy rating with an $800 price target, while a Seeking Alpha analysis cited a normalized operating margin of roughly 36.8% after excluding legal and severance charges. Meta Platforms Q2: The Market Sells, I Buy The Dip
• Neutral Sentiment: Meta forecast third-quarter revenue of $61 billion to $64 billion, broadly around but slightly below the $63.2 billion consensus midpoint. No EPS outlook was provided in the reported guidance. Zuckerberg also promoted open AI development and opposed restrictions on Chinese AI models, positions that may support innovation but could attract regulatory scrutiny. Zuckerberg says Meta’s enterprise AI opportunity extends beyond agents
• Negative Sentiment: Second-quarter EPS fell to $6.18, missing estimates near $7.1–$7.2 and declining from $7.14 a year earlier. Results were pressured by approximately $2.4 billion of legal costs and $1.2 billion of severance expenses. Meta misses profit expectations, sticks to massive AI spending
• Negative Sentiment: Meta plans to spend approximately $130 billion to $145 billion on AI and data-center infrastructure this year, with the minimum raised by $5 billion. Investors fear the spending will compress margins and free cash flow before a direct AI revenue stream is proven. Meta shares tumble as AI spending stuns Wall Street
• Negative Sentiment: COO Javier Olivan sold shares under a pre-arranged Rule 10b5-1 plan, reducing his holdings in two transactions. Because the sales were scheduled, they are a limited bearish signal but may reinforce investor caution. SEC insider transaction filing

Meta Platforms Stock Performance

Shares of META opened at $585.61 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market capitalization of $1.48 trillion, a price-to-earnings ratio of 21.29, a PEG ratio of 0.99 and a beta of 1.25. The company’s 50 day simple moving average is $603.59 and its 200 day simple moving average is $624.24. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The firm had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm’s revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the business posted $7.14 EPS. On average, sell-side analysts predict that Meta Platforms, Inc. will post 29.4 EPS for the current year.

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, June 15th. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. Meta Platforms’s dividend payout ratio (DPR) is 7.63%.

Insider Buying and Selling at Meta Platforms

In other news, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction on Monday, July 27th. The stock was sold at an average price of $607.85, for a total value of $508,770.45. Following the completion of the sale, the chief operating officer owned 6,290 shares of the company’s stock, valued at $3,823,376.50. The trade was a 11.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $607.75, for a total value of $303,875.00. Following the completion of the transaction, the director owned 3,443 shares of the company’s stock, valued at $2,092,483.25. The trade was a 12.68% 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 have sold 39,325 shares of company stock worth $23,979,087 in the last 90 days. Insiders own 13.53% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on META. Guggenheim reissued a “buy” rating and set a $800.00 price objective on shares of Meta Platforms in a research note on Tuesday. Roth Capital reiterated a “buy” rating on shares of Meta Platforms in a report on Thursday, April 30th. Citizens Jmp dropped their price target on Meta Platforms from $825.00 to $800.00 and set an “outperform” rating for the company in a research report on Friday, July 10th. Arete Research set a $735.00 price target on Meta Platforms and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Finally, Cantor Fitzgerald cut their price target on Meta Platforms from $850.00 to $750.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and a consensus price target of $835.64.

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.