Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management Takes Position in Meta Platforms, Inc. $META

Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,000 shares of the social networking company’s stock, valued at approximately $4,506,000. Meta Platforms comprises approximately 0.6% of Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management’s holdings, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. RHL Group LLC acquired a new stake in shares of Meta Platforms in the fourth quarter valued at approximately $28,000. Advantage Trust Co acquired a new position in shares of Meta Platforms in the second quarter worth $28,000. Strategic Wealth Advisors LLC purchased a new stake in shares of Meta Platforms in the fourth quarter valued at $29,000. Niles Investment Management LLC purchased a new stake in shares of Meta Platforms in the fourth quarter valued at $29,000. Finally, Axiom Investment Management LLC acquired a new stake in shares of Meta Platforms during the first quarter valued at $36,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on META. Scotiabank reiterated a “sector perform” rating and set a $600.00 price objective on shares of Meta Platforms in a research report on Thursday, July 30th. Susquehanna decreased their price target on shares of Meta Platforms from $900.00 to $650.00 and set a “positive” rating on the stock in a research note on Thursday, July 30th. Guggenheim reiterated a “buy” rating and set a $800.00 price target on shares of Meta Platforms in a report on Tuesday, July 28th. TD Cowen cut their price objective on shares of Meta Platforms from $800.00 to $750.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Benchmark reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $785.22.

Insider Buying and Selling

In other news, COO Javier Olivan sold 3,348 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the completion of the sale, the chief operating officer directly owned 9,498 shares of the company’s stock, valued at $5,708,013.06. The trade was a 26.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $869,922.00. Following the sale, the insider owned 1,957 shares of the company’s stock, valued at approximately $1,092,006. The trade was a 44.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 36,227 shares of company stock worth $21,205,509 over the last 90 days. Company insiders own 13.53% of the company’s stock.

Meta Platforms Trading Down 0.5%

Shares of META stock opened at $613.48 on Wednesday. The firm’s 50-day simple moving average is $598.23 and its 200-day simple moving average is $608.68. 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 firm has a market cap of $1.56 trillion, a P/E ratio of 23.11, a PEG ratio of 1.07 and a beta of 1.25.

Meta Platforms (NASDAQ:META) last released 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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. During the same quarter in the previous year, the firm posted $7.14 earnings per share. Meta Platforms’s revenue for the quarter was up 28.0% compared to the same quarter last year. As a group, equities analysts forecast that Meta Platforms, Inc. will post 28.17 EPS for the current year.

More Meta Platforms News

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

• Positive Sentiment: Meta launched Muse, a personal AI agent that can interact with Facebook, Instagram and third-party applications to perform tasks such as sending emails, booking travel, shopping and making payments. The product includes free and paid subscription tiers, offering a potential new revenue stream beyond digital advertising. Meta launches AI agent that can access other apps to send emails, make payments
• Positive Sentiment: The rollout follows the release of Muse Spark 1.3, a model aimed at coding and extended agentic tasks. Investors viewed the development as evidence that Meta’s substantial AI investment could eventually generate financial returns; Bank of America reportedly continues to see meaningful upside in the stock. Meta stock jumps 4% after Muse Spark 1.3: why BofA still sees 32% upside
• Positive Sentiment: Meta and Panmnesia proposed a data-center architecture designed to connect computing resources more tightly for extremely large AI models. The initiative supports Meta’s strategy of building extensive AI infrastructure and could improve long-term computing efficiency. One Chip, One Datacenter: Meta and Panmnesia Extend Tight Coupling Beyond the Rack with CXL
• Neutral Sentiment: Analysts and investors remain divided over Meta’s large AI infrastructure spending, reportedly including a potential $130 billion capital-expenditure commitment. Strong advertising growth and user monetization support the investment case, but the scale of spending raises execution and return-on-investment concerns. Wall Street Keeps Asking How Much Meta Will Spend
• Negative Sentiment: Muse increases Meta’s exposure to privacy, security and consumer-trust concerns because it can access sensitive information and act across other applications. Reports noted internal concerns about potential misuse or mishandling of personal data, which could increase regulatory and reputational risks. Meta pushes into personal AI agents as company faces public reckoning over privacy and safety
• Negative Sentiment: Meta faces continuing legal pressure, including a reported lawsuit alleging facial-recognition data was used to train smart-glasses systems. Separately, the company’s chief accounting officer sold 3,240 shares under a pre-arranged Rule 10b5-1 plan; the planned nature of the sale reduces its significance, but insider selling may weigh modestly on sentiment.

Meta Platforms Company 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.