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Meta Platforms reports strong Q4 earnings, boosting stock value as firms increase holdings.
Advisory Services Network LLC and other firms have increased their holdings in Meta Platforms, Inc., which reported strong Q4 earnings of $8.02 per share, exceeding estimates.
Meta's stock, valued at $516.25, is seen as a moderate buy with a target price of $715.57.
The company operates in two segments: Family of Apps and Reality Labs, focusing on connecting people through various devices.
Insiders and employees have sold significant shares recently.
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Meta Platforms informa de fuertes ganancias Q4, aumentando el valor de las acciones a medida que las empresas aumentan sus tenencias.