Lee Danner & Bass Inc. Has $14.48 Million Stock Holdings in Meta Platforms, Inc. $META

Lee Danner & Bass Inc. grew its stake in Meta Platforms, Inc. (NASDAQ:META) by 16.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,933 shares of the social networking company’s stock after purchasing an additional 3,046 shares during the quarter. Meta Platforms comprises approximately 1.0% of Lee Danner & Bass Inc.’s holdings, making the stock its 20th largest holding. Lee Danner & Bass Inc.’s holdings in Meta Platforms were worth $14,478,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms in the third quarter valued at about $26,000. Key Capital Management INC acquired a new position in shares of Meta Platforms during the 4th quarter worth about $48,000. Fairway Wealth LLC increased its stake in shares of Meta Platforms by 36.8% in the 4th quarter. Fairway Wealth LLC now owns 78 shares of the social networking company’s stock valued at $51,000 after acquiring an additional 21 shares during the last quarter. Dorato Capital Management bought a new stake in shares of Meta Platforms in the 4th quarter valued at about $62,000. Finally, PMV Capital Advisers LLC raised its position in shares of Meta Platforms by 26.3% in the 4th quarter. PMV Capital Advisers LLC now owns 96 shares of the social networking company’s stock valued at $63,000 after acquiring an additional 20 shares during the period. 79.91% of the stock is currently owned by institutional investors.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Q1 beat and valuation support — analysts highlight a 33% revenue increase and large EPS beat, arguing META is undervalued after the pullback; this reinforces buy thesis given strong ad monetization and cash flow. Meta Is Undervalued, But Will Need A Second Growth Engine (Rating Upgrade)
• Positive Sentiment: Institutional accumulation — Fisher Asset Management recently increased its Meta stake, signaling continued confidence from large investors and supporting near-term demand for shares. Fisher Asset Management Boosts Meta Stake With 75,590 Shares
• Positive Sentiment: Data-center demand validation — Corning disclosed a multi-year, $6B supply agreement that names Meta among hyperscale customers, validating ongoing infrastructure commitment that underpins Meta’s AI/data-center strategy. Light Speed Returns: Corning Cashes In on NVIDIA Growth
• Neutral Sentiment: Product roadmap — reports say Meta is building a consumer-friendly agentic AI assistant, which could drive longer-term user/product monetization but is still early-stage. Big Tech’s Personal AI Agents Are Coming for the to-Do List
• Neutral Sentiment: Financing activity — Bloomberg-sourced reports say Meta is working on up to ~$13B in data-center financing for an El Paso build; that eases near-term cash outflow but also signals large ongoing capital needs. Here’s Why Meta Platforms (META) Is Among the 10 Strong Buy S&P 500 Stocks to Invest In
• Neutral Sentiment: Legal update — Meta has asked a judge to overturn a landmark jury verdict in a social-media addiction case; an appeal reduces immediate downside but legal overhang remains. Meta asks California judge to throw out landmark social media addiction verdict
• Negative Sentiment: Massive capex concern — coverage highlights Meta’s projected 2026 capex of $125–$145B (plus an extra $10B on AI), which keeps investors anxious about cash deployment, near-term margins, and capital returns. Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.
• Negative Sentiment: Insider selling — COO Javier Olivan executed stock sales under a 10b5-1 plan; while pre-arranged, such disclosures can add to short-term selling pressure. SEC filing: Javier Olivan insider sale
• Negative Sentiment: Analyst pushback — some firms (eg. Mizuho) have trimmed expectations, reflecting concern that ad growth and margin leverage may slow as Meta scales heavy infra spending. Mizuho Has Lowered Expectations for Meta Platforms (NASDAQ:META) Stock Price

Meta Platforms Stock Performance

Shares of META opened at $616.81 on Friday. The firm has a market cap of $1.56 trillion, a P/E ratio of 22.42, a PEG ratio of 1.07 and a beta of 1.25. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The firm’s 50 day moving average price is $627.67 and its two-hundred day moving average price is $645.30.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The company had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same quarter in the prior year, the firm earned $6.43 earnings per share. The firm’s revenue was up 33.1% compared to the same quarter last year. On average, analysts forecast that Meta Platforms, Inc. will post 29.67 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s dividend payout ratio is 7.63%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Tigress Financial lifted their price objective on shares of Meta Platforms from $935.00 to $945.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, March 18th. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a report on Thursday, January 29th. Weiss Ratings reissued a “buy (b)” rating on shares of Meta Platforms in a research report on Friday, March 27th. BMO Capital Markets boosted their price target on shares of Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a report on Thursday, January 29th. Finally, Citigroup restated an “outperform” rating on shares of Meta Platforms in a research report on Thursday, January 29th. Four 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $840.31.

Insider Activity

In related news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $667.00, for a total transaction of $386,860.00. Following the completion of the transaction, the director directly owned 3,847 shares in the company, valued at approximately $2,565,949. This trade represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $607.74, for a total value of $562,767.24. Following the completion of the sale, the chief operating officer directly owned 7,779 shares in the company, valued at approximately $4,727,609.46. This represents a 10.64% 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 sold a total of 168,193 shares of company stock worth $107,642,717 in the last three months. Company insiders own 13.61% of the company’s stock.

About Meta Platforms

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.