NASDAQ: META Insights - Unlock the Strong Performance and Growth Trends of Meta Platforms Stock

Strong Performance of Meta Platforms Stock

Shares of Meta Platforms ( NASDAQ : META ) have shown a remarkable increase of about 38 % year - to - date , surpassing the S&P 500 's 17 % gain . The tech giant is set to announce its second - quarter results on July 31 , with expectations of robust double - digit growth in both revenue and earnings . The company 's stock price could see further upside if it delivers impressive results.

Detailed Ownership Structure of META Stock

According to TipRanks , public companies and individual investors own 42.4 % of Meta Platforms , followed by mutual funds , other institutional investors , and insiders at 27.18 % , 21.19 % , and 9.23 % , respectively . Among institutions , Vanguard holds a significant stake of 7.63 % in META stock , with Vanguard Index Funds owning 7.20 % . Hedge funds have shown a negative sentiment towards META stock , decreasing their holdings by 13.6 M shares in the last quarter.

CreativeOne Wealth LLC and Delta Global Management LP are among the hedge funds that have increased their positions in Meta Platforms , indicating confidence in the company 's future prospects . Overall , institutional investors own approximately 79.91 % of the company 's stock.

Meta Platforms Financial Performance and Analyst Ratings

Meta Platforms reported impressive quarterly earnings , beating analysts ' estimates and showcasing strong financial performance . With a current stock price of 65.70 and a market capitalization of .18 trillion , META is trading up 2.7 % . The company 's average price target of 39.59 implies a 10 % upside potential , as per Wall Street analysts.

Despite recent challenges , analysts remain optimistic about META stock , with a consensus Strong Buy rating based on 39 Buy , three Hold , and two Sell recommendations . Analysts are bullish on the company 's growth prospects and expect it to continue delivering strong financial results.

Insider Activity and Company Profile

Insider activity at Meta Platforms has been notable , with key executives selling shares in recent months . COO Javier Olivan and insider Jennifer Newstead were among those who sold shares , signaling insider confidence in the company 's future performance . Meta Platforms , Inc. operates in the Family of Apps and Reality Labs segments , offering products that enable people to connect and share across various platforms and devices globally .

As investors assess the ownership structure , financial performance , and analyst recommendations for META stock , it is essential to consider the company 's innovative offerings and potential for future growth in the evolving tech landscape.