Norges Bank Investment Management (NBIM) recently emerged as one of the largest buyers of META stock, owning 1.34% of shares. Institutional ownership dominates META, with 67.49% of shares held by institutions, including significant stakes from Mark Zuckerberg and Vanguard. Analysts maintain a bullish outlook for META stock into 2025. In contrast, despite positive earnings, mixed sentiment among institutions is indicated by simultaneous buying and selling activities. META's fourth-quarter 2024 revenue reached $48.385 billion, a 21% growth exceeding consensus expectations, marking a strong performance for the company.
Meta's fourth-quarter revenue for 2024 was reported at $48.385 billion, reflecting a remarkable 21% year-over-year increase, surpassing consensus estimates.
Norges Bank Investment Management's increase of 3,610,287 shares positions it as one of the top buyers of Meta stock, showcasing institutional interest.
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