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Institutional Investor Bullish on Meta Platforms with $50M Stock Purchase

Institutional Investor Bullish on Meta Platforms with $50M Stock Purchase

Published:
2025-05-27 21:45:01
18
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AG Asset Advisory LLC has positioned Meta Platforms as its largest equity holding, acquiring $50.97 million worth of shares according to SEC filings. The investment represents 50.9% of the firm’s portfolio, signaling strong conviction in the social media giant’s growth trajectory.

Meta shares opened at $627 amid heavy buying pressure, with analysts projecting substantial upside potential over the next twelve months. The MOVE comes as institutional investors increasingly favor tech stocks with robust advertising revenue streams and metaverse development capabilities.

|Square

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