Meta Platforms, Inc. $META is Exchange Traded Concepts LLC’s 6th Largest Position

Exchange Traded Concepts LLC raised its position in Meta Platforms, Inc. (NASDAQ:META) by 52.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,267 shares of the social networking company’s stock after purchasing an additional 111,042 shares during the quarter. Meta Platforms accounts for approximately 2.0% of Exchange Traded Concepts LLC’s portfolio, making the stock its 6th largest holding. Exchange Traded Concepts LLC’s holdings in Meta Platforms were worth $235,932,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bare Financial Services Inc acquired a new stake in shares of Meta Platforms in the second quarter worth $30,000. Evergreen Private Wealth LLC increased its holdings in Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in Meta Platforms in the second quarter valued at about $42,000. Knuff & Co LLC acquired a new position in shares of Meta Platforms during the second quarter worth about $44,000. Finally, WFA Asset Management Corp lifted its stake in shares of Meta Platforms by 42.6% during the second quarter. WFA Asset Management Corp now owns 67 shares of the social networking company’s stock worth $49,000 after purchasing an additional 20 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In other news, insider Jennifer Newstead sold 519 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $659.38, for a total value of $342,218.22. Following the transaction, the insider directly owned 29,177 shares in the company, valued at approximately $19,238,730.26. This trade represents a 1.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Javier Olivan sold 517 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $661.11, for a total transaction of $341,793.87. Following the sale, the chief operating officer directly owned 12,717 shares of the company’s stock, valued at approximately $8,407,335.87. This represents a 3.91% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,074 shares of company stock valued at $26,359,548. Corporate insiders own 13.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on META. The Goldman Sachs Group reiterated a “buy” rating on shares of Meta Platforms in a report on Tuesday, October 14th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,117.00 price objective on shares of Meta Platforms in a research report on Friday, December 5th. Wells Fargo & Company dropped their price objective on shares of Meta Platforms from $837.00 to $802.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Cantor Fitzgerald reduced their target price on shares of Meta Platforms from $830.00 to $720.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 19th. Finally, TD Cowen decreased their target price on shares of Meta Platforms from $875.00 to $810.00 and set a “buy” rating for the company in a research note on Thursday, October 30th. Four research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $820.22.

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $666.94 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.98 and a current ratio of 1.98. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s 50-day simple moving average is $655.88 and its 200-day simple moving average is $706.48. The firm has a market cap of $1.68 trillion, a PE ratio of 29.46, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 EPS for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The business had revenue of $51.24 billion during the quarter, compared to the consensus estimate of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The company’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same period last year, the firm earned $6.03 earnings per share. Equities analysts forecast that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s payout ratio is 9.28%.

More Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Meta debuted its first augmented‑reality smart glasses and continues to present AR/AI hardware as a multi‑year growth runway that could meaningfully expand monetizable user engagement over time. Long‑term device roadmap commentary supports the AI/AR investment narrative. Billionaires Are Buying an AI Stock
• Positive Sentiment: Wall Street remains broadly positive: many analysts keep Buy/Outperform ratings and elevated price targets (median targets near the low‑to‑mid $800s), reinforcing demand as investors position for AI monetization and ad recovery. Analyst & Social Sentiment
• Neutral Sentiment: Reported short‑interest data for December shows effectively zero days-to-cover in the published snapshot — likely a data anomaly rather than a meaningful shift in positioning; treat as noise until validated by exchanges. (No single authoritative article; internal data feed.)
• Negative Sentiment: Italy’s antitrust regulator ordered Meta to suspend WhatsApp contract terms that could block rival AI chatbots while it investigates abuse of dominance — this escalates EU scrutiny of Meta’s AI integration and could force product/policy changes or fines. Reuters: Italy watchdog
• Negative Sentiment: Policy tests limiting links in Facebook posts (paywalls/URL limits for non‑verified users) could hurt creators and small business marketers, risking engagement and ad demand if rolled out broadly. MSN: Link limit impact
• Negative Sentiment: Investor skepticism over Meta’s large AI capex persists — commentators and some analysts question whether the company’s ~$75B AI investment will deliver timely returns, which can pressure sentiment if near‑term margins or cash flow disappoint. YouTube: META’s $75B AI Bet
• Negative Sentiment: Recent insider selling filings (COO Javier Oliván and other officers) have been highlighted by data services; amounts are small vs. total holdings but can be read negatively by short‑term traders. MarketBeat: Insider trades
• Negative Sentiment: Broker/forecast notes (e.g., a pessimistic Baird piece cited) add near‑term target downside narratives that can amplify volatility when paired with regulatory headlines. AmericanBankingNews: Baird forecast

Meta Platforms Company Profile

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.