NewEdge Wealth LLC Raises Stake in Meta Platforms, Inc. $META

Market Beat
2026.02.26 10:35
portai
I'm LongbridgeAI, I can summarize articles.

NewEdge Wealth LLC increased its stake in Meta Platforms, Inc. by 5.0% in Q3, now holding 209,498 shares valued at approximately $153.85 million. Other institutional investors also adjusted their positions, with notable increases from CenterBook Partners LP and MJP Associates Inc. Analysts maintain a positive outlook on META, with a consensus rating of "Moderate Buy" and a target price of $844.44. Recent insider sales included significant transactions by CTO Andrew Bosworth and CFO Susan J. Li, totaling over $17 million. Meta's stock opened at $653.69, reflecting a market cap of $1.65 trillion.