Meta Platforms, Inc. $META Shares Sold by iA Global Asset Management Inc.

Posted by Geri Gentry on May 26th, 2026

iA Global Asset Management Inc. trimmed its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 18.5% in the fourth quarter, Holdings Channel reports. The fund owned 291,622 shares of the social networking company’s stock after selling 66,197 shares during the period. Meta Platforms accounts for about 2.5% of iA Global Asset Management Inc.’s portfolio, making the stock its 7th biggest position. iA Global Asset Management Inc.’s holdings in Meta Platforms were worth $192,497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in META. Westchester Capital Management Inc. acquired a new position in Meta Platforms in the third quarter valued at about $26,000. Strategic Wealth Advisors LLC acquired a new position in Meta Platforms in the fourth quarter valued at about $29,000. Key Capital Management INC acquired a new position in Meta Platforms in the fourth quarter valued at about $48,000. Fairway Wealth LLC grew its stake in Meta Platforms by 36.8% in the fourth 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 period. Finally, Merrithew & Thorsten Inc acquired a new position in Meta Platforms in the fourth quarter valued at about $52,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, COO Javier Olivan sold 837 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $609.35, for a total transaction of $510,025.95. Following the sale, the chief operating officer owned 14,660 shares in the company, valued at approximately $8,933,071. This represents a 5.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Andrew Bosworth sold 7,847 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, the chief technology officer owned 414 shares in the company, valued at $251,641.62. The trade was a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 95,471 shares of company stock worth $60,616,955. Corporate insiders own 13.53% of the company’s stock.

Analyst Ratings Changes

META has been the subject of a number of research analyst reports. Stifel Nicolaus decreased their target price on Meta Platforms from $805.00 to $780.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Argus reissued a “buy” rating and issued a $800.00 target price on shares of Meta Platforms in a research note on Monday, February 2nd. Canaccord Genuity Group boosted their target price on Meta Platforms from $900.00 to $930.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Citigroup restated an “outperform” rating on shares of Meta Platforms in a report on Thursday, January 29th. Finally, Pivotal Research cut their price target on Meta Platforms from $930.00 to $910.00 and set a “buy” rating on the stock in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $840.19.

Read Our Latest Stock Report on META

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $610.26 on Tuesday. The firm has a market cap of $1.54 trillion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 1.08 and a beta of 1.25. The stock’s 50-day moving average is $617.12 and its 200-day moving average is $636.87. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to analyst estimates of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the company posted $6.43 earnings per share. Equities analysts predict that Meta Platforms, Inc. will post 29.49 earnings per share for the current fiscal year.

Trending Headlines about Meta Platforms

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

Positive Sentiment: Meta is being viewed as an early leader in the AI trade, with recent commentary arguing the market may be underestimating how much AI could boost the company’s long-term earnings and valuation. The AI Trade Might Be Grossly Underestimated — and It Could Be Time To Rethink How We View the Mag 7
Positive Sentiment: Meta’s AI strategy is getting more attention, including reporting on CTO Andrew Bosworth’s push to use AI to reshape the workforce and improve efficiency, which could support margins over time. Meet Mark Zuckerberg’s Right-Hand Man Who’s Unleashing AI at Meta
Positive Sentiment: Analysts remain bullish on Meta Platforms despite recent volatility, reinforcing confidence that the company’s ad business and AI investments can continue driving upside. Wall Street analysts predict Meta stock price for the next 12 months
Positive Sentiment: Meta is expanding its AI ecosystem through a $125 million UCLA semiconductor hub with partners including Broadcom and Synopsys, which could help strengthen long-term AI infrastructure and talent development. Meta, Broadcom And Others Launch $125 Million UCLA AI Chip Hub
Neutral Sentiment: Coverage about a potential AI “sidekick” or digital twin for Mark Zuckerberg adds to the company’s AI narrative, but it is more of a concept story than a confirmed business catalyst. Mark Zuckerberg May Already Have an AI Agent Sidekick — Could This Be the Future for CEOs?
Neutral Sentiment: Meta’s expanding use of WhatsApp in government services in Gujarat is a positive adoption signal, but the direct financial impact is still unclear. Gujarat moves to WhatsApp governance, signs MoU with Meta Platforms
Negative Sentiment: Meta is also dealing with scrutiny over the environmental impact of its data centers, after lawmakers raised concerns about water usage and called for an EPA probe, which could create regulatory and reputational pressure. AOC Raises Concerns Over Meta Data Center Water Impact

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.