Sumitomo Mitsui DS Asset Management Co. increased its holding in Meta Platforms by 12,468 shares during the second quarter of fiscal 2025, investing $7.7 million. This brought the firm's total stake to 331,918 shares, valued at $245 million. The firm holds 759 total positions after this investment. Meta closed at $720.92 with a 44.5% rise over the past year, outperforming the S&P 500 by 32.9 percentage points. The company generates revenue primarily from digital advertising and operates in two segments, focusing on expanding its advertising ecosystem and investing in next-gen technology.
Sumitomo Mitsui DS Asset Management Co. increased its holding in Meta Platforms by 12,468 shares during fiscal 2025's second quarter, which involved an investment of $7.7 million, bringing its total position to 331,918 shares, worth $245 million at the July 10 close.
Meta Platforms closed at $720.92 on July 14, 2025, reflecting a 44.5% increase over the past year, outperforming the S&P 500 index by 32.9 percentage points.
Meta operates in two main segments: Family of Apps encompassing Facebook, Instagram, Messenger, and WhatsApp, and Reality Labs focusing on augmented and virtual reality technologies.
Meta Platforms is well-positioned to leverage artificial intelligence due to its massive and highly engaged audience, providing a vast amount of data for product development and testing.
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