Aries Wealth Management Increases Stake in Meta Platforms, Inc. $META

Market Beat
2026.05.10 07:10
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Aries Wealth Management increased its stake in Meta Platforms, Inc. (NASDAQ:META) by 9.7% in Q4, owning 10,496 shares valued at $6.93 million. Other institutional investors also raised their holdings, with 79.91% of the stock owned by institutions. Analysts remain bullish on Meta, citing strong Q1 results and AI developments, despite concerns over employee dissatisfaction and high capital expenditures. META stock opened at $609.63, with a market cap of $1.54 trillion and a P/E ratio of 22.16. The company reported $10.44 EPS, exceeding estimates, with revenue up 33.1% year-over-year.