Meyer Handelman Co. Acquires 2,600 Shares of Meta Platforms, Inc. $META

Posted by Stanley Muller on Sep 4th, 2026

Meyer Handelman Co. boosted its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,707 shares of the social networking company’s stock after buying an additional 2,600 shares during the period. Meyer Handelman Co.’s holdings in Meta Platforms were worth $39,829,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. First National Bank Sioux Falls increased its holdings in Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after purchasing an additional 14 shares during the last quarter. Levin Capital Strategies L.P. grew its position in shares of Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after buying an additional 14 shares during the period. Vista Capital Partners Inc. increased its stake in shares of Meta Platforms by 1.3% in the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after acquiring an additional 14 shares during the last quarter. Acorn Creek Capital LLC increased its stake in shares of Meta Platforms by 0.7% in the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after acquiring an additional 15 shares during the last quarter. Finally, Objective Capital Management LLC raised its position in shares of Meta Platforms by 2.8% in the 4th quarter. Objective Capital Management LLC now owns 553 shares of the social networking company’s stock valued at $365,000 after acquiring an additional 15 shares during the period. Institutional investors own 79.91% of the company’s stock.

Insider Buying and Selling

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the transaction, the chief technology officer directly owned 828 shares in the company, valued at $462,024. This trade represents a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $600.97, for a total value of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares in the company, valued at $5,708,013.06. This trade represents a 26.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,987 shares of company stock valued at $19,202,995 in the last ninety days. 13.53% of the stock is owned by company insiders.

Analysts Set New Price Targets

META has been the topic of several analyst reports. Phillip Securities upgraded shares of Meta Platforms to a “strong-buy” rating in a report on Monday, August 3rd. Truist Financial dropped their price objective on shares of Meta Platforms from $770.00 to $763.00 and set a “buy” rating on the stock in a report on Thursday, August 27th. Erste Group Bank raised shares of Meta Platforms from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Barclays lowered their target price on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $785.22.

Check Out Our Latest Analysis on META

Key Meta Platforms News

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

Positive Sentiment: Meta unveiled Muse Spark 1.3, an upgraded AI model that AI chief Alexandr Wang says delivers the company’s biggest performance improvement yet and is comparable with offerings from Anthropic and OpenAI. The announcement strengthened expectations that Meta can compete more effectively in generative AI and monetize its large user base. Meta Rises 4% as Muse Spark 1.3 Claims Parity With Anthropic and OpenAI
Positive Sentiment: Analysts said Meta’s settlement of major social-media litigation could remove a legal overhang and accelerate the launch of new AI products. Some investors view the settlement as manageable relative to Meta’s scale and believe teen-usage restrictions may have limited revenue impact. Meta settlement could clear the way for new AI product launches, Morgan Stanley says
Positive Sentiment: Investment commentary highlighted Meta as one of the leading “hyperscalers” supporting the AI ecosystem, with strong revenue growth, user engagement and long-term AI monetization potential. Hyperscalers are the backbone of AI
Neutral Sentiment: Wedbush reaffirmed its Neutral rating, signaling that the AI opportunity is balanced by valuation, execution and spending concerns. Wedbush Reaffirms Neutral Rating for Meta Platforms
Negative Sentiment: Meta reportedly agreed to pay as much as $17 billion over 10 years and make major changes to Instagram and Facebook for teen users. The settlement may reduce legal uncertainty, but its cost and potential limits on engagement create financial and operating risks. Meta Is Making These Major Changes for Teen Users After $17 Billion Settlement
Negative Sentiment: Commentary warned that AI infrastructure spending could approach $145 billion, compressing free cash flow even as revenue grows. Investors also remain concerned about Meta’s dependence on successful AI execution to justify a recovery toward its prior high. Meta Stock Has a New AI Catalyst
Negative Sentiment: Meta is paying users to share how they use its latest AI model, raising privacy and reputational concerns that could complicate adoption. Separately, the company disabled cameras on some AI glasses after detecting tampering with recording lights. Meta is paying to peek at how you use their latest AI model

Meta Platforms Trading Up 3.0%

Meta Platforms stock opened at $610.68 on Friday. The firm has a 50-day moving average of $594.83 and a 200-day moving average of $609.21. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $790.80. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23. The company has a market cap of $1.56 trillion, a price-to-earnings ratio of 23.00, a P/E/G ratio of 1.02 and a beta of 1.25.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to analyst estimates of $60.22 billion. During the same period in the prior year, the firm posted $7.14 EPS. Meta Platforms’s revenue was up 28.0% compared to the same quarter last year. On average, equities analysts expect that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Meta Platforms Profile

(Free Report)

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.