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Meta reported strong quarterly earnings, with major investors mixed on stock positions.
Cullen Investment Group reduced its Meta Platforms stock holdings by 6.1%, while Neville Rodie & Shaw Inc. and First Hawaiian Bank increased their stakes by 1.9% and 1.7%, respectively.
Meta reported a strong quarter with revenue at $42.31 billion, a 16.1% year-over-year increase, and earnings per share of $6.43, surpassing analyst estimates.
The company's market capitalization stands at $1.62 trillion.
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Meta reportó fuertes ganancias trimestrales, con los principales inversores mezclados en las posiciones de acciones.