"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."
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.
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