Meta Platforms, Inc. $META is Davis Selected Advisers’ 3rd Largest Position

Posted by Geri Gentry on May 13th, 2026

Davis Selected Advisers lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,752,974 shares of the social networking company’s stock after acquiring an additional 37,460 shares during the quarter. Meta Platforms accounts for about 5.2% of Davis Selected Advisers’ portfolio, making the stock its 3rd largest position. Davis Selected Advisers’ holdings in Meta Platforms were worth $1,157,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in Meta Platforms by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares during the period. State Street Corp boosted its stake in shares of Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after buying an additional 1,650,435 shares during the period. Danske Bank A S purchased a new position in shares of Meta Platforms in the 3rd quarter valued at about $1,191,175,000. Concentrum Wealth Management grew its position in shares of Meta Platforms by 948.7% during the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock worth $913,000 after buying an additional 1,124,998 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Meta Platforms by 209.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock worth $314,340,000 after buying an additional 824,276 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Meta Platforms News Summary

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

Positive Sentiment: One bullish analysis argues Meta is attractively priced for a recession scenario, citing 33% year-over-year revenue growth, strong operating margins, and the potential for long-term margin expansion as AI investments drive efficiency. Why Meta Is My Top Pick: Priced For A Recession With Massive Upside
Positive Sentiment: Meta is testing deeper AI integration in Threads, which could improve engagement and strengthen its product ecosystem over time. Threads tests a Meta AI integration that works similarly to Grok
Positive Sentiment: Meta offered rival AI chatbots temporary free access to WhatsApp as part of talks with EU antitrust regulators, suggesting the company is actively trying to reduce regulatory friction in Europe. Meta offers rival AI chatbots free access to WhatsApp month
Neutral Sentiment: Several articles discuss Meta’s role in the broader attention economy and compare its platform model with earlier media strategies, but these are not immediate stock catalysts. Ted Turner built the original infinite scroll
Negative Sentiment: Santa Clara County filed a lawsuit accusing Meta of profiting from scam ads on Facebook and Instagram, adding to concerns about ad quality, moderation, and legal exposure. California county sues Meta over scam ads
Negative Sentiment: Meta also lost a court fight in Europe over compensation for Italian publishers, reinforcing ongoing regulatory and content-rights risks. Meta loses court fight over compensation to Italian publishers
Negative Sentiment: Fresh reports and lawsuits alleging scam ads targeting seniors, along with investigations into Meta’s board oversight and privacy/AI practices, could keep sentiment under pressure if they broaden. Meta Faces Fresh Controversy Over Facebook Scam Ads

Insiders Place Their Bets

In other news, CTO Andrew Bosworth sold 8,089 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the sale, the chief technology officer owned 2,841 shares in the company, valued at approximately $1,793,352.84. This represents a 74.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Susan J. Li sold 56,571 shares of the firm’s stock in a transaction dated 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 three months, insiders have sold 167,676 shares of company stock valued at $107,299,848. Insiders own 13.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on META. Wedbush raised their target price on shares of Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Rosenblatt Securities reiterated a “buy” rating and set a $1,015.00 price target on shares of Meta Platforms in a report on Thursday, April 30th. TD Cowen dropped their price objective on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Barclays raised their price objective on shares of Meta Platforms from $800.00 to $830.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Piper Sandler reiterated an “overweight” rating and set a $800.00 target price (down from $880.00) on shares of Meta Platforms in a research note on Thursday, April 30th. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $840.31.

Get Our Latest Stock Report on Meta Platforms

Meta Platforms Trading Up 0.7%

META opened at $603.00 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. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $796.25. The business’s 50 day moving average is $624.72 and its two-hundred day moving average is $642.58. The firm has a market cap of $1.53 trillion, a price-to-earnings ratio of 21.92, a price-to-earnings-growth ratio of 1.05 and a beta of 1.25.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating the consensus estimate of $6.67 by $3.77. The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company’s revenue was up 33.1% compared to the same quarter last year. During the same period in the prior year, the company earned $6.43 earnings per share. On average, research analysts predict that Meta Platforms, Inc. will post 29.65 EPS for the current year.

Meta Platforms Dividend Announcement

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

About Meta Platforms

(Free Report)

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.