Simplicity Wealth LLC Has $14.39 Million Stock Position in Meta Platforms, Inc. $META

Posted by Brian Himes on Sep 10th, 2026

Simplicity Wealth LLC increased its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 32.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,554 shares of the social networking company’s stock after purchasing an additional 6,306 shares during the period. Simplicity Wealth LLC’s holdings in Meta Platforms were worth $14,395,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in META. Auto Owners Insurance Co boosted its holdings in Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after buying an additional 105,154,977 shares during the last quarter. State Street Corp increased its stake in shares of Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after acquiring an additional 4,395,763 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Meta Platforms by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock valued at $34,734,628,000 after acquiring an additional 878,396 shares during the period. Capital World Investors boosted its stake in Meta Platforms by 0.8% during the 4th quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock worth $26,112,735,000 after acquiring an additional 310,947 shares during the last quarter. Finally, Morgan Stanley boosted its stake in Meta Platforms by 2.2% during the 4th quarter. Morgan Stanley now owns 37,553,102 shares of the social networking company’s stock worth $24,788,429,000 after acquiring an additional 823,883 shares during the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on META. Needham & Company LLC reaffirmed a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Royal Bank Of Canada reissued an “outperform” rating and set a $810.00 price target on shares of Meta Platforms in a research report on Monday, June 1st. Scotiabank reissued a “sector perform” rating and issued a $600.00 price target on shares of Meta Platforms in a report on Thursday, July 30th. Rothschild & Co Redburn upped their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Finally, Cantor Fitzgerald lowered their price objective on shares of Meta Platforms from $770.00 to $680.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $785.22.

Read Our Latest Analysis on Meta Platforms

Trending Headlines about Meta Platforms

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

Positive Sentiment: Meta’s Muse agent can perform tasks across Meta and third-party applications, including sending emails, booking travel, shopping and making payments. Free and paid tiers—reportedly priced as high as $100 per month—give investors a potential subscription revenue stream and a clearer path to monetizing AI infrastructure. Meta launches AI agent that can access other apps, send emails and make payments
Positive Sentiment: Meta said early interest in Muse has exceeded expectations, boosting confidence that the product could achieve broad adoption across Facebook, Instagram and WhatsApp. Analysts remain constructive, with KeyBanc reaffirming an Overweight rating and a $780 price target. Meta says interest in its new AI agent has exceeded expectations
Positive Sentiment: Market chatter indicates Meta acquired Stilla.ai to advance its Business Agent initiative. If confirmed, the deal could strengthen Meta’s tools for business automation, commerce and customer interactions. Market chatter on Meta’s acquisition of Stilla.ai
Positive Sentiment: Anthropic reportedly posted a high-paying sales role aimed at Meta, highlighting Meta’s importance as a major AI customer and suggesting continued demand for advanced AI models and infrastructure. The posting was later removed. Anthropic posted and deleted a sales job targeting Meta
Neutral Sentiment: Meta’s planned data-center expansion and optical-network agreements support its long-term AI ambitions, but the associated capital spending could pressure margins before agent subscriptions and other AI products become profitable. Meta’s AI capital-spending plans
Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta less than a year after reportedly receiving a billion-dollar compensation package. The departure raises concerns about retaining elite AI talent during an increasingly competitive hiring cycle. Star AI researcher leaves Meta
Negative Sentiment: Muse’s ability to access sensitive data and act across applications increases privacy, security and regulatory risks. Meta also faces litigation over alleged crypto-scam advertising, while its chief accounting officer sold shares under a pre-arranged Rule 10b5-1 plan.

Meta Platforms Price Performance

NASDAQ META opened at $653.69 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The stock has a market cap of $1.67 trillion, a price-to-earnings ratio of 24.62, a PEG ratio of 1.06 and a beta of 1.25. The business has a 50 day simple moving average of $599.05 and a 200 day simple moving average of $608.74. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $790.80.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share 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 the consensus estimate of $60.22 billion. During the same period in the previous year, the firm posted $7.14 EPS. The business’s quarterly revenue was up 28.0% compared to the same quarter last year. Analysts anticipate that Meta Platforms, Inc. will post 28.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, COO Javier Olivan sold 1,258 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $600.00, for a total value of $754,800.00. Following the completion of the transaction, the chief operating officer directly owned 1,517 shares of the company’s stock, valued at approximately $910,200. This represents a 45.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares of the company’s stock, valued at approximately $3,875,854.26. This trade represents a 34.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 36,227 shares of company stock worth $21,205,509 in the last ninety days. 13.53% of the stock is owned by insiders.

Meta Platforms Company Profile

(Free Report)

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.