{
  "id": 3008727,
  "title": "Two Legendary Investors Just Bought Meta Platforms Stock. Is It Time for You to Buy?",
  "url": "https://urgent.news/2026/08/24/two-legendary-investors-just-bought-meta-platforms-stock-is-it-time",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T11:47:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/two-legendary-investors-just-bought-114700849.html"
  },
  "original_language": "en",
  "account": "Two prominent hedge fund managers, Bill Ackman and David Tepper, recently increased their Meta Platforms (META) stock positions, raising eyebrows in the investment community. Ackman's Pershing Square and Tepper's Appaloosa Management added 20% and over 50% to their respective META holdings, making up nearly 10% and 5% of their portfolios, respectively. While META's stock dipped 3% following their purchases, it's essential to note that these investors made their moves during the second quarter, which ended on June 30. Since then, META's stock has fallen an additional 6%.\n\nMETA's recent performance can be attributed to a 28% surge in revenue during Q2, coupled with a 55% increase in costs, resulting in declining operating profits. Additionally, Meta's substantial investments in artificial intelligence (AI) infrastructure have raised questions about monetizing these efforts. CEO Mark Zuckerberg's recent AI plans were met with skepticism from the market, as the company has yet to provide a clear path to generating revenue from its AI ventures.\n\nWith a forward earnings price of 17.5 times, META is trading at a considerable discount compared to the S&P 500's 21.4 times forward earnings. This discrepancy in valuations may have attracted Ackman and Tepper to META, given their reputation as value investors seeking undervalued opportunities. However, the stock's recent decline and uncertainties surrounding its long-term AI strategy warrant further examination before potential investors consider adding META to their portfolios.",
  "summary": null,
  "key_points": [
    "Bill Ackman and David Tepper increased Meta Platforms stock positions by 20% and over 50%.",
    "META's stock dipped 3% following their purchases, then fell an additional 6%.",
    "Investors attracted by META's value compared to S&P 500's forward earnings multiple."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Two Legendary Investors Just Bought Meta Platforms Stock. Is It Time for You to Buy?",
        "url": "https://urgent.news/2026/08/24/two-legendary-investors-just-bought-meta-platforms-stock-is-it-time-3013791",
        "published": "2026-08-24T11:27:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Two Legendary Investors Just Bought Meta Platforms Stock. Is It Time for You to Buy?",
        "url": "https://urgent.news/2026/08/24/two-legendary-investors-just-bought-meta-platforms-stock-is-it-time-3015597",
        "published": "2026-08-24T11:47:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}