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Meta Platforms reported strong Q4 earnings, despite mixed institutional investor adjustments in their stakes.
In Q4 2024, several institutional investors adjusted their stakes in Meta Platforms, with some reducing holdings like Glass Jacobson Investment Advisors (by 9.9%) and Black Cypress Capital Management (selling 2,876 shares), while others increased their positions, such as Ceeto Capital Group and Nicolet Bankshares.
Meta Platforms reported strong Q4 earnings of $8.02 per share, beating estimates by $1.27, and has a market cap of $1.38T.
The stock has a "Moderate Buy" rating with a $701.38 target price.
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Meta Platforms informó de fuertes ganancias Q4, a pesar de los ajustes institucionales mixtos de los inversores en sus apuestas.