<div id="readability-page-1"><p>Midwest Trust Co raised its stake in shares of  Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 134,652 shares of the social networking company's stock after purchasing an additional 3,961 shares during the quarter. Meta Platforms accounts for about  1.1% of Midwest Trust Co's holdings, making the stock its 18th biggest holding. Midwest Trust Co's holdings in Meta Platforms were worth $88,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Meta Platforms</strong> alerts:</span></p></div><ul><li>Ackman and Berkshire Are Betting Against Each Other on AI</li></ul><p>Several other hedge funds have also bought and sold shares of META. Westchester Capital Management Inc. purchased a new position in shares of  Meta Platforms during the 3rd quarter valued at about $26,000.  Strategic Wealth Advisors LLC purchased a new position in shares of  Meta Platforms during the 4th quarter valued at about $29,000.  Key Capital Management INC purchased a new position in shares of  Meta Platforms during the 4th quarter valued at about $48,000.  Fairway Wealth LLC raised its holdings in shares of  Meta Platforms by 36.8% during the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company's stock valued at $51,000 after buying an additional 21 shares in the last quarter.  Finally, Merrithew &amp; Thorsten Inc purchased a new position in shares of  Meta Platforms during the 4th quarter valued at about $52,000. 79.91% of the stock is currently owned by institutional investors. </p><h2>Insiders Place Their Bets</h2><p>In other Meta Platforms news, COO Javier Olivan sold 2,778 shares of the company's stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the transaction, the chief operating officer owned 10,557 shares in the company, valued at approximately $6,645,103.65. This represents a 20.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 56,571 shares of the company's stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 171,517 shares of company stock worth $109,138,067. Company insiders own  13.53% of the company's stock. </p><h2>Meta Platforms Price Performance</h2><ul><li>Why Trump’s Amazon Stock Sale May Not Matter at All</li></ul><p>Shares of Meta Platforms stock opened at $602.61 on Wednesday. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The company has a market cap of $1.52 trillion, a PE ratio of 21.91, a P/E/G ratio of 1.07 and a beta of 1.25. The business has a 50 day moving average of $620.35 and a 200 day moving average of $637.91. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. </p><p>Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, topping analysts' consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the prior year, the business earned $6.43 EPS. The business's revenue for the quarter was up 33.1% on a year-over-year basis.  As a group, equities research analysts forecast that  Meta Platforms, Inc. will post 29.65 earnings per share for the current year. </p><h2>Key Stories Impacting Meta Platforms</h2><ul><li>MarketBeat Week in Review – 05/11 - 05/15</li></ul><p>Here are the key news stories impacting Meta Platforms this week:</p><ul>   <li><span>Negative Sentiment: </span>Meta began laying off about 8,000 employees, or roughly 10% of its workforce, as part of a broader AI-first transformation. The move highlights rising restructuring costs and suggests more cuts could follow later this year. <i></i><span>Meta Begins Laying Off 8,000 Employees Amid A.I. Transformation</span></li>   <li><span>Negative Sentiment: </span>Reports that Meta is cutting jobs while ramping up AI investment have kept attention on margin pressure and the scale of the company’s AI spending bill, which some investors view as a near-term drag on earnings. <i></i><span>Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts</span></li>   <li><span>Neutral Sentiment: </span>Meta offered rival AI chatbot makers limited free access to WhatsApp in Europe before charging once usage limits are reached. The move could support platform engagement and developer adoption, but the financial impact is still unclear. <i></i><span>Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say</span></li>   <li><span>Neutral Sentiment: </span>Meta also drew attention for new AI-related product and safety initiatives, including an incognito chat feature for WhatsApp’s AI assistant and new parental supervision tools, but these are not likely to move the stock in the near term. <i></i><span>Meta Platforms (META) Launching Incognito Chat for WhatsApp AI Assistant</span></li> </ul><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities analysts recently weighed in on the company. Arete Research  reissued a &#34;neutral&#34; rating on shares of Meta Platforms in a report on Thursday, March 5th. Citizens Jmp  reissued a &#34;market outperform&#34; rating and set a $900.00 price objective on shares of Meta Platforms in a report on Tuesday, April 21st. Raymond James Financial reduced their price objective on Meta Platforms from $825.00 to $800.00 and set a &#34;strong-buy&#34; rating on the stock in a research note on Monday, January 26th. Evercore increased their price target on shares of Meta Platforms from $875.00 to $900.00 and gave the company an &#34;outperform&#34; rating in a research report on Thursday, January 29th. Finally, Stifel Nicolaus dropped their price target on shares of Meta Platforms from $805.00 to $780.00 and set a &#34;buy&#34; rating for the company in a research report on Friday, May 1st. Four investment 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. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $840.31.</p><p><b>Check Out Our Latest Research Report on META</b></p><h2>Meta Platforms Company Profile</h2> (Free Report)<p>Meta Platforms, Inc <span>NASDAQ: META<span></span></span>, 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Meta Platforms</li><li>HIVE Weaponizes Power for an AI Pivot</li><li>A Deep Dive Into NVIDIA’s Latest Portfolio Moves</li><li>Brady Corp Wires Up a Massive AI-Powered Breakout</li><li>Why Home Depot’s Sell-Off Could Become a Huge Opportunity</li></ul><p><strong>Want to see what other hedge funds are holding META?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Meta Platforms, Inc. (NASDAQ:META - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUVUQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Meta Platforms Right Now?</h2><p>Before you consider Meta Platforms, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Meta Platforms wasn't on the list.</p><p>While Meta Platforms currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Midwest Trust Co increased its stake in Meta Platforms, Inc. by 3.0% in Q4, acquiring 3,961 shares, bringing its total to 134,652 shares valued at approximately $88.88 million. The company is now the 18th largest holding for Midwest Trust. Additionally, several hedge funds have also made new investments in Meta. Insiders have sold significant shares recently, with COO Javier Olivan and CFO Susan J. Li selling thousands of shares. Meta's stock performance shows a market cap of $1.52 trillion and a recent earnings report exceeding expectations.</p>

- Midwest Trust Co increased its investment in Meta Platforms, owning 134,652 shares valued at $88,882,000, accounting for 1.1% of its total holdings.  
- Several hedge funds purchased new positions in Meta during recent quarters, indicating heightened institutional interest, with insiders also selling significant shares this year.  
- Despite recent layoffs and restructuring costs, Meta reported strong quarterly earnings, with a 33.1% year-over-year revenue growth and anticipations of continued earnings strength.

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Meta Platforms

Midwest Trust Co Buys 3,961 Shares of Meta Platforms, Inc. $META