Nippon Life Global Investors Americas Inc. Sells 10,300 Shares of Meta Platforms, Inc. $META

Nippon Life Global Investors Americas Inc. lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,620 shares of the social networking company’s stock after selling 10,300 shares during the period. Meta Platforms comprises approximately 2.7% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 11th biggest position. Nippon Life Global Investors Americas Inc.’s holdings in Meta Platforms were worth $66,817,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. RHL Group LLC purchased a new position in Meta Platforms during the 4th quarter valued at $28,000. Strategic Wealth Advisors LLC purchased a new stake in Meta Platforms in the fourth quarter worth $29,000. Advantage Trust Co bought a new stake in shares of Meta Platforms during the second quarter worth $28,000. Axiom Investment Management LLC bought a new stake in shares of Meta Platforms during the first quarter worth $36,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in shares of Meta Platforms during the fourth quarter valued at $42,000. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Stock Up 6.6%

NASDAQ:META opened at $653.69 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $790.80. The company has a 50-day moving average of $599.05 and a 200 day moving average of $608.74. The firm has a market cap of $1.67 trillion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.06 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business had revenue of $60.80 billion for the quarter, compared to analysts’ expectations of $60.22 billion. During the same period last year, the business posted $7.14 EPS. The company’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, research analysts anticipate that Meta Platforms, Inc. will post 28.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Evercore restated an “outperform” rating on shares of Meta Platforms in a report on Thursday, July 30th. DA Davidson lowered their price objective on shares of Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Citizens Jmp dropped their target price on shares of Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating on the stock in a research note on Thursday, July 30th. UBS Group reduced their target price on shares of Meta Platforms from $766.00 to $715.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Erste Group Bank raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $785.22.

Insider Activity

In related news, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 18th. The shares were 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 of the company’s stock, valued at $462,024. This trade represents a 90.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis Mahoney sold 1,559 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total transaction of $869,922.00. Following the completion of the transaction, the insider directly owned 1,957 shares of the company’s stock, valued at $1,092,006. This trade represents a 44.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 36,227 shares of company stock valued at $21,205,509. 13.53% of the stock is currently owned by corporate insiders.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Meta’s Muse agent can perform tasks across Meta and third-party applications, including sending emails, booking travel, shopping and making payments. Free and paid tiers—reportedly priced as high as $100 per month—give investors a potential subscription revenue stream and a clearer path to monetizing AI infrastructure. Meta launches AI agent that can access other apps, send emails and make payments
• Positive Sentiment: Meta said early interest in Muse has exceeded expectations, boosting confidence that the product could achieve broad adoption across Facebook, Instagram and WhatsApp. Analysts remain constructive, with KeyBanc reaffirming an Overweight rating and a $780 price target. Meta says interest in its new AI agent has exceeded expectations
• Positive Sentiment: Market chatter indicates Meta acquired Stilla.ai to advance its Business Agent initiative. If confirmed, the deal could strengthen Meta’s tools for business automation, commerce and customer interactions. Market chatter on Meta’s acquisition of Stilla.ai
• Positive Sentiment: Anthropic reportedly posted a high-paying sales role aimed at Meta, highlighting Meta’s importance as a major AI customer and suggesting continued demand for advanced AI models and infrastructure. The posting was later removed. Anthropic posted and deleted a sales job targeting Meta
• Neutral Sentiment: Meta’s planned data-center expansion and optical-network agreements support its long-term AI ambitions, but the associated capital spending could pressure margins before agent subscriptions and other AI products become profitable. Meta’s AI capital-spending plans
• Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta less than a year after reportedly receiving a billion-dollar compensation package. The departure raises concerns about retaining elite AI talent during an increasingly competitive hiring cycle. Star AI researcher leaves Meta
• Negative Sentiment: Muse’s ability to access sensitive data and act across applications increases privacy, security and regulatory risks. Meta also faces litigation over alleged crypto-scam advertising, while its chief accounting officer sold shares under a pre-arranged Rule 10b5-1 plan.

Meta Platforms Profile

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.