Meta Platforms, Inc. (NASDAQ:META) has experienced notable increases in holdings from several wealth management firms. HB Wealth Management LLC raised its position by 5.4% during the fourth quarter, acquiring an additional 3,107 shares, bringing its total to 60,377 shares valued at approximately $35.36 million.
Whitaker Myers Wealth Managers LTD. increased its holdings by 43.5% in the same quarter, owning 1,557 shares worth $912,000 after purchasing 472 additional shares.
Other hedge funds, including Lindenwold Advisors INC and Insight Wealth Strategies LLC, also made minor adjustments to their positions in Meta.
In insider trading, CEO Mark Zuckerberg sold 35,921 shares for $22.13 million, while COO Javier Olivan sold 413 shares valued at $237,128.08. Over the last three months, insiders sold a total of 495,269 shares worth approximately $300.89 million.
As of the latest reports, Meta's stock opened at $612.77 with a market capitalization of $1.55 trillion. The company recently reported quarterly earnings of $6.03 EPS, exceeding analysts' expectations.