Greater Midwest Financial Group LLC Has $6.91 Million Holdings in Meta Platforms, Inc. $META

Greater Midwest Financial Group LLC grew its stake in shares of Meta Platforms, Inc. (NASDAQ:META) by 13.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,415 shares of the social networking company’s stock after buying an additional 1,081 shares during the quarter. Meta Platforms makes up 4.5% of Greater Midwest Financial Group LLC’s holdings, making the stock its 6th biggest holding. Greater Midwest Financial Group LLC’s holdings in Meta Platforms were worth $6,914,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Runnymede Capital Advisors Inc. raised its holdings in Meta Platforms by 6.8% in the 3rd quarter. Runnymede Capital Advisors Inc. now owns 1,072 shares of the social networking company’s stock valued at $787,000 after buying an additional 68 shares during the last quarter. Trace Wealth Advisors LLC bought a new position in shares of Meta Platforms during the third quarter valued at $314,000. Concord Wealth Partners lifted its holdings in shares of Meta Platforms by 1.1% during the third quarter. Concord Wealth Partners now owns 11,449 shares of the social networking company’s stock worth $8,408,000 after purchasing an additional 128 shares during the period. MMA Asset Management LLC grew its stake in shares of Meta Platforms by 41.6% in the third quarter. MMA Asset Management LLC now owns 1,415 shares of the social networking company’s stock worth $1,039,000 after purchasing an additional 416 shares during the last quarter. Finally, Elyxium Wealth LLC increased its holdings in Meta Platforms by 1.5% in the third quarter. Elyxium Wealth LLC now owns 5,720 shares of the social networking company’s stock valued at $4,200,000 after purchasing an additional 84 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: High‑profile institutional support: Bill Ackman’s Pershing Square has taken a multi‑billion dollar stake, signaling confidence in Meta’s AI pivot and likely attracting other institutional interest. Ackman stake
• Positive Sentiment: Strong fundamentals and analyst upside: Q4 earnings beat and bullish analyst notes (multiple price‑target raises and buy reiterations) support a constructive medium‑term view. Seeking Alpha bullish note
• Positive Sentiment: Hardware and AI investments showing early traction: Ray‑Ban AI glasses sales growth and Reality Labs repositioning give optionality beyond ads. Ray‑Ban sales
• Neutral Sentiment: Dividend declared: Meta announced a $0.525 quarterly dividend (small yield) — positive for income investors but modest versus total return expectations. Dividend PR
• Neutral Sentiment: Large capex for AI: Meta broke ground on a ~$10B data‑center campus to boost AI compute — strengthens long‑term ad/AI moat but raises near‑term capex. Data center Reuters
• Neutral Sentiment: Insider/ownership moves mixed: CEO/COO small routine sales and some funds trimming while others add — notable but not a clear directional signal alone. SEC filing
• Negative Sentiment: Privacy and reputational risk from facial‑recognition plans for Ray‑Ban AI glasses: Reports that Meta plans a “Name Tag” feature have triggered renewed privacy concerns and could draw regulatory scrutiny or user backlash. NYT facial recognition
• Negative Sentiment: Regulatory/access hit: Russia moved to block WhatsApp for ~100M users, a material engagement loss in that market. WhatsApp block
• Negative Sentiment: Legal and litigation noise: Ongoing trials and witness testimony alleging platform harm raise litigation/ reputational risk that can pressure sentiment and potentially cost fines or operational changes. Trial coverage

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their price target on Meta Platforms from $880.00 to $920.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $810.00 price target on shares of Meta Platforms in a research report on Thursday, January 29th. DA Davidson increased their price objective on shares of Meta Platforms from $825.00 to $850.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Roth Mkm dropped their target price on shares of Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Finally, Argus reaffirmed a “buy” rating and set a $800.00 price target on shares of Meta Platforms in a research report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $845.50.

Insider Buying and Selling

In other news, CAO Aaron Anderson sold 726 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total value of $429,501.60. Following the completion of the sale, the chief accounting officer owned 6,035 shares in the company, valued at $3,570,306. This represents a 10.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $591.60, for a total transaction of $307,040.40. Following the completion of the sale, the insider directly owned 34,631 shares of the company’s stock, valued at $20,487,699.60. The trade was a 1.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 24,530 shares of company stock worth $15,150,029 in the last ninety days. Corporate insiders own 13.61% of the company’s stock.

Meta Platforms Stock Performance

Shares of META stock opened at $639.77 on Friday. Meta Platforms, Inc. has a 12 month low of $479.80 and a 12 month high of $796.25. The firm has a market capitalization of $1.62 trillion, a PE ratio of 27.22, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28. The firm has a fifty day simple moving average of $657.63 and a two-hundred day simple moving average of $693.35. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27.

Meta Platforms (NASDAQ:META) last posted its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The company had revenue of $59.89 billion during the quarter, compared to the consensus estimate of $58.33 billion. During the same period in the previous year, the firm posted $8.02 earnings per share. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. Analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Monday, March 16th will be 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 is Monday, March 16th. Meta Platforms’s dividend payout ratio (DPR) is currently 8.94%.

Meta Platforms 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.