Leeward Financial Partners LLC boosted its Meta Platforms position by 543.8% in the fourth quarter, ending the period with 6,438 shares worth about $4.25 million. The financial company added 5,438 shares during the quarter, turning Meta into its 28th largest holding and a 1.2% slice of the portfolio.
The filing lands at a moment when Meta is still drawing heavy attention from big money managers and traders. More than 79.91% of the stock is now owned by institutional investors, and several smaller funds also opened new positions in recent quarters, including Westchester Capital Management, RHL Group, Strategic Wealth Advisors, Key Capital Management and Entrust Financial.
That buying sits beside a mostly bullish Street view, even as one prominent call moved the other way. Roth Mkm, Weiss Ratings, Citizens JMP and Rosenblatt Securities all kept buy-oriented ratings or targets on the stock, with Rosenblatt assigning a $1,015 price objective and Citizens JMP setting $900. Wedbush, however, cut its view from outperform to neutral on Tuesday, breaking from the broader optimistic tone.
Insider selling has added another layer to the picture. Susan J. Li sold 9,195 shares on Monday, May 18th, at an average price of $607.84, for proceeds of $5,589,088.80. After the sale, she still directly owned 13,186 shares valued at about $8.01 million, a 41.08% reduction in her position.
What Leeward saw in Meta is not spelled out in the filing, and that is the point the market is left to weigh. For now, the numbers say a large institutional holder made a sharp bet on the stock while one analyst stepped back and insiders trimmed exposure, leaving Meta with strong ownership support but a less tidy near-term read.
