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Aptus Capital Advisors buys more Meta stock as company reports strong earnings, stock rises.
Aptus Capital Advisors LLC increased its holdings in Meta Platforms by purchasing 20,357 shares, bringing its total to 118,214 shares.
Meta Platforms reported strong earnings of $6.43 per share, exceeding expectations by $1.10, with revenue at $42.31 billion.
The stock saw a 4.8% increase after Cantor Fitzgerald raised its price target to $676.
Meta Platforms, which operates Facebook, Instagram, and other apps, has a market cap of $1.51 trillion and a price-to-earnings ratio of 24.96.
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Aptus Capital Advisors compra más acciones de Meta a medida que la compañía reporta fuertes ganancias, las acciones suben.