Meta Platforms, Inc. $META Stake Trimmed by Left Brain Wealth Management LLC

Posted by Brian Himes on Aug 29th, 2026

Left Brain Wealth Management LLC reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 11.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,870 shares of the social networking company’s stock after selling 2,208 shares during the period. Meta Platforms comprises 3.0% of Left Brain Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Left Brain Wealth Management LLC’s holdings in Meta Platforms were worth $10,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of META. Ashton Thomas Securities LLC lifted its stake in Meta Platforms by 17.4% in the first quarter. Ashton Thomas Securities LLC now owns 18,000 shares of the social networking company’s stock valued at $10,299,000 after buying an additional 2,670 shares during the last quarter. Keybank National Association OH grew its position in shares of Meta Platforms by 15.7% during the fourth quarter. Keybank National Association OH now owns 133,798 shares of the social networking company’s stock worth $88,319,000 after acquiring an additional 18,169 shares during the last quarter. WMS Group LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth about $876,000. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock valued at $132,015,115,000 after purchasing an additional 7,269,279 shares during the last quarter. Finally, Czech National Bank lifted its position in Meta Platforms by 4.9% in the 2nd quarter. Czech National Bank now owns 625,079 shares of the social networking company’s stock valued at $352,101,000 after purchasing an additional 29,411 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Piper Sandler restated an “overweight” rating and issued a $785.00 target price (down from $800.00) on shares of Meta Platforms in a research report on Thursday, July 30th. Cantor Fitzgerald decreased their price objective on Meta Platforms from $770.00 to $680.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Citigroup decreased their price target on Meta Platforms from $850.00 to $800.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Barclays cut their price objective on shares of Meta Platforms from $830.00 to $780.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $700.00 target price on shares of Meta Platforms in a research report on Thursday, July 30th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $785.22.

Check Out Our Latest Report on Meta Platforms

Insider Transactions at Meta Platforms

In related news, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $600.97, for a total transaction of $2,012,047.56. Following the transaction, the chief operating officer directly owned 9,498 shares of the company’s stock, valued at $5,708,013.06. The trade was a 26.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,196 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total transaction of $5,063,409.56. Following the completion of the sale, the chief financial officer owned 13,186 shares in the company, valued at approximately $7,260,343.46. This trade represents a 41.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 34,957 shares of company stock worth $20,442,696. Corporate insiders own 13.53% of the company’s stock.

Meta Platforms Stock Performance

Shares of NASDAQ META opened at $578.02 on Friday. The stock has a fifty day moving average price of $592.28 and a two-hundred day moving average price of $611.61. 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 market cap of $1.47 trillion, a P/E ratio of 21.77, a PEG ratio of 0.98 and a beta of 1.25. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $60.22 billion. During the same quarter last year, the business posted $7.14 earnings per share. The firm’s revenue for the quarter was up 28.0% compared to the same quarter last year. Research analysts forecast that Meta Platforms, Inc. will post 28.5 EPS for the current fiscal year.

Key Headlines Impacting Meta Platforms

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

Positive Sentiment: The settlement limits litigation risk by resolving claims from a broad coalition of states without an admission of liability. Analysts view the payment as manageable relative to Meta’s revenue and cash generation, while the company avoids potentially disruptive court-ordered changes to products such as Reels, Stories and its recommendation systems. Meta’s social media settlement leaves its money machine unscathed
Positive Sentiment: Meta’s advertising engine continues to benefit from improved ad-ranking technology and growing advertiser use of artificial intelligence to create campaigns, supporting demand even as the company spends heavily on AI infrastructure. Ca$htag$: Meta’s AI Bet Not Showing Returns, Yet
Positive Sentiment: Rosenblatt raised its price target to $886 and maintained a buy rating, pointing to substantial potential upside from current levels. The stock’s valuation also remains below that of many large technology peers, strengthening the bargain argument for some investors. Meta price target raised by Rosenblatt
Neutral Sentiment: The new teen safeguards—including time limits, muted notifications and stronger parental controls—could become a regulatory template for TikTok, YouTube, Snap and international markets. This creates industrywide compliance costs, but may also give Meta greater legal clarity. Meta settlement puts social media industry on notice
Negative Sentiment: Investors still face execution and financial risks: age-verification technology may be unreliable, critics say the protections do not address teen mental-health concerns, and regulators in the U.K., South Korea and elsewhere may demand similar measures. Restrictions could eventually reduce teen engagement and advertising opportunities. Meta’s child-safety deal and age verification
Negative Sentiment: Meta’s substantial AI capital spending has not yet produced a proportionate revenue payoff, while an executive overseeing India and Southeast Asia is leaving for OpenAI. Those developments add to concerns about returns on investment and management stability. Meta executive leaves for OpenAI

Meta Platforms Profile

(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.