Exchange Traded Concepts LLC Has $235.93 Million Stock Holdings in Meta Platforms, Inc. $META

Exchange Traded Concepts LLC increased 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 & Exchange Commission. The firm owned 321,267 shares of the social networking company’s stock after acquiring an additional 111,042 shares during the period. Meta Platforms makes up 2.0% of Exchange Traded Concepts LLC’s portfolio, making the stock its 6th biggest position. Exchange Traded Concepts LLC’s holdings in Meta Platforms were worth $235,932,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bare Financial Services Inc bought a new position in Meta Platforms in the 2nd quarter worth approximately $30,000. Evergreen Private Wealth LLC boosted its position in Meta Platforms by 237.5% during the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock worth $40,000 after acquiring an additional 38 shares during the period. Briaud Financial Planning Inc acquired a new position in Meta Platforms during the 2nd quarter worth $42,000. Knuff & Co LLC bought a new position in shares of Meta Platforms in the second quarter worth $44,000. Finally, WFA Asset Management Corp increased its holdings 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 valued at $49,000 after purchasing an additional 20 shares during the period. Institutional investors own 79.91% of the company’s stock.

Key Stores Impacting Meta Platforms

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

Insider Buying and Selling

In other news, Director Robert M. Kimmitt sold 580 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $646.00, for a total value of $374,680.00. Following the completion of the sale, the director directly owned 6,167 shares in the company, valued at approximately $3,983,882. The trade was a 8.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $659.38, for a total transaction of $342,218.22. Following the transaction, the insider directly owned 29,177 shares of the company’s stock, valued at approximately $19,238,730.26. This represents a 1.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 42,074 shares of company stock worth $26,359,548. Corporate insiders own 13.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. BNP Paribas Exane initiated coverage on shares of Meta Platforms in a report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price objective for the company. The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Bank of America decreased their price objective on shares of Meta Platforms from $900.00 to $810.00 and set a “buy” rating for the company in a report on Thursday, October 30th. Zacks Research lowered shares of Meta Platforms from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Finally, Wells Fargo & Company cut their target price on Meta Platforms from $837.00 to $802.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $820.22.

Meta Platforms Price Performance

Shares of NASDAQ:META opened at $666.94 on Friday. The company’s fifty day moving average is $655.88 and its two-hundred day moving average is $706.48. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The company has a market cap of $1.68 trillion, a P/E ratio of 29.46, a price-to-earnings-growth ratio of 1.37 and a beta of 1.28.

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

Meta Platforms Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Monday, December 15th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, December 15th. Meta Platforms’s payout ratio is presently 9.28%.

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.