Meta Platforms, Inc. $META Shares Purchased by Citrine Capital LLC

Citrine Capital LLC lifted its position in shares of Meta Platforms, Inc. (NASDAQ:META) by 36.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,140 shares of the social networking company’s stock after buying an additional 837 shares during the quarter. Meta Platforms accounts for about 0.8% of Citrine Capital LLC’s holdings, making the stock its 15th biggest position. Citrine Capital LLC’s holdings in Meta Platforms were worth $2,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Auto Owners Insurance Co grew its holdings in Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock worth $69,502,379,000 after acquiring an additional 105,154,977 shares during the last quarter. State Street Corp increased its position in Meta Platforms by 4.0% in the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after acquiring an additional 3,510,123 shares during the period. Bank of America Corp DE raised its stake in shares of Meta Platforms by 14.6% during the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock valued at $12,036,491,000 after acquiring an additional 2,673,494 shares during the last quarter. Invesco Ltd. raised its stake in shares of Meta Platforms by 6.1% during the fourth quarter. Invesco Ltd. now owns 18,200,469 shares of the social networking company’s stock valued at $12,013,948,000 after acquiring an additional 1,046,715 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Meta Platforms by 1.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after purchasing an additional 162,909 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Mark Zuckerberg sold 27,474 shares of Meta Platforms stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total value of $21,359,386.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the company’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $618.06, for a total value of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares in the company, valued at approximately $3,875,854.26. The trade was a 34.07% 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 have sold 148,222 shares of company stock valued at $101,033,627 over the last quarter. Company insiders own 13.53% of the company’s stock.

Meta Platforms Stock Up 2.6%

Meta Platforms stock opened at $762.50 on Wednesday. The firm has a market cap of $1.94 trillion, a price-to-earnings ratio of 28.72, a PEG ratio of 1.29 and a beta of 1.19. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23. The firm has a 50 day moving average price of $647.53 and a two-hundred day moving average price of $622.44.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The firm had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same period in the prior year, the company posted $7.14 earnings per share. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. Equities analysts predict that Meta Platforms, Inc. will post 27.94 EPS for the current year.

Meta Platforms Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Monday, September 21st were issued a $0.5250 dividend. The ex-dividend date was Monday, September 21st. This represents a $2.10 annualized dividend and a yield of 0.3%. Meta Platforms’s payout ratio is presently 7.91%.

Meta Platforms News Roundup

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

• Positive Sentiment: Meta launched its Muse Wonder and Muse Wonder Full AI models, which it says are competitive with offerings from OpenAI and Anthropic. The models are designed for personal and professional agents capable of handling complex, multi-step tasks, strengthening the company’s position in the AI race. Meta releases Muse Wonder AI models to challenge Anthropic and OpenAI
• Positive Sentiment: Early third-party data reportedly showed strong retention for Meta’s standalone Muse assistant, comparable with ChatGPT. Investors viewed that engagement as evidence that Meta may be able to turn its substantial AI investment into a meaningful consumer product and potential subscription revenue. Why Meta stock is up today
• Positive Sentiment: Wall Street remained constructive: KeyCorp reaffirmed an overweight rating with a $900 price target, Rosenblatt maintained a buy rating with an $886 target, and Truist reportedly set a $1,000 Street-high target based on AI-driven advertising improvements and Muse adoption. Erste Group Bank also modestly raised its FY2027 EPS estimate to $33.84 and kept a buy rating.
• Positive Sentiment: Meta introduced additional tools to fine-tune Facebook’s recommendation algorithms, potentially improving engagement and ad targeting. The company also restricted TikTok and ByteDance advertising across seven countries, which could redirect some advertising demand to Meta’s platforms. Meta Platforms introduces AI tools to fine-tune Facebook algorithms
• Neutral Sentiment: Meta will report third-quarter results after the market closes on October 21. Investors will be watching revenue growth, advertising performance, AI monetization and planned spending of approximately $130 billion to $145 billion. Meta to announce third-quarter 2026 results
• Negative Sentiment: Risks include Meta’s premium valuation after its recent rally, rising AI infrastructure costs and uncertainty over whether Muse subscriptions can produce attractive returns. Some commentary also noted slowing AI-assistant downloads and questioned whether the company’s large AI investment will generate sufficient profits.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Monness Crespi & Hardt boosted their price objective on shares of Meta Platforms from $730.00 to $830.00 and gave the stock a “buy” rating in a research note on Monday, September 28th. New Street Research decreased their price objective on Meta Platforms from $730.00 to $700.00 and set a “buy” rating for the company in a report on Friday, July 31st. Tigress Financial reaffirmed a “strong-buy” rating and set a $945.00 target price (down from $995.00) on shares of Meta Platforms in a research report on Thursday, September 24th. JPMorgan Chase & Co. lifted their target price on Meta Platforms from $820.00 to $920.00 and gave the stock an “overweight” rating in a report on Thursday, September 24th. Finally, Arete Research lifted their target price on Meta Platforms from $735.00 to $806.00 and gave the stock a “buy” rating in a report on Wednesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $796.51.

Meta Platforms Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.