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Major investors cut Meta Platforms' stock holdings, yet analysts stay optimistic with a high target price.
Several major investors have adjusted their Meta Platforms holdings, with ThornTree Capital Partners and Tenzing Global Management reducing their shares by 15.1% and 30.5% respectively.
Meta Platforms reported strong Q2 earnings and revenue, beating analysts' expectations.
Despite insider sales and varied investor actions, analysts remain optimistic, with a consensus target price of $822.41 for Meta's stock.
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Los principales inversores recortaron las tenencias de acciones de Meta Platforms, sin embargo, los analistas siguen siendo optimistas con un precio objetivo alto.