Oppenheimer & Co. Inc. Has $107.42 Million Stake in Meta Platforms, Inc. $META

Posted by Francis Steltz on Sep 2nd, 2026

Oppenheimer & Co. Inc. reduced its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 190,695 shares of the social networking company’s stock after selling 5,297 shares during the quarter. Meta Platforms comprises about 1.1% of Oppenheimer & Co. Inc.’s holdings, making the stock its 13th largest position. Oppenheimer & Co. Inc.’s holdings in Meta Platforms were worth $107,417,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of 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 buying an additional 7,269,279 shares during the period. Auto Owners Insurance Co raised its position in shares of Meta Platforms by 76,587.7% during the fourth 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 lifted its stake in shares of Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock valued at $59,963,463,000 after acquiring an additional 4,395,763 shares during the period. Geode Capital Management LLC lifted its stake in shares of Meta Platforms by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 52,806,712 shares of the social networking company’s stock valued at $34,734,628,000 after acquiring an additional 878,396 shares during the period. Finally, Capital World Investors boosted its holdings in Meta Platforms by 0.8% in the fourth quarter. Capital World Investors now owns 39,558,637 shares of the social networking company’s stock valued at $26,112,735,000 after acquiring an additional 310,947 shares during the last quarter. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms News Roundup

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

Positive Sentiment: Analysts see Meta’s AI investments improving ad targeting and engagement, potentially allowing the company to challenge Google for digital-advertising leadership. The strong advertising outlook is particularly important after Meta’s latest quarter delivered 28% year-over-year revenue growth to $60.8 billion. Meta versus Google advertising analysis
Positive Sentiment: Several reports characterize META as undervalued, citing a forward P/E of roughly 16—well below its historical average—and arguing that legal clarity plus new AI products could support substantial upside. The settlement may remove a major overhang even though it carries a large financial charge. Meta valuation and AI upside analysis
Positive Sentiment: Wedbush reaffirmed a Neutral rating but raised or maintained a $595 price target, implying modest upside from the referenced trading level. Separately, the planned IPO of Meta-backed Indian telecom operator Jio Platforms could improve the value and liquidity of an important investment. Meta market news Jio Platforms IPO approval
Neutral Sentiment: Meta is switching internal communications from Google Chat to Slack because management considers Slack better suited to AI agents. The move highlights Meta’s push to integrate AI into operations but is not expected to materially change near-term financial results. Meta switches to Slack
Neutral Sentiment: Meta-backed AI startup Manus said it has resumed independent operations after China blocked Meta’s proposed acquisition. This removes some uncertainty around the transaction but also means Meta will not immediately gain full ownership of the startup. Manus resumes independent operations
Negative Sentiment: The approximately $17 billion–$18 billion settlement over alleged harm to children creates a substantial cash cost and requires stronger age verification, potentially increasing compliance expenses and reducing young-user engagement. Critics also question whether the agreement will resolve regulatory pressure. Meta child-safety settlement requirements
Negative Sentiment: Reports that Meta spent heavily on AI infrastructure underscore depreciation and capital-expenditure risks: investors must determine whether the spending will generate enough incremental advertising and product revenue. Meta also removed dozens of India-based malware advertisements, highlighting continuing platform-safety and reputational risks. Big Tech AI spending risks Meta removes fraudulent India ads

Meta Platforms Price Performance

Shares of META opened at $578.54 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $790.80. The stock has a market cap of $1.47 trillion, a P/E ratio of 21.79, a price-to-earnings-growth ratio of 0.99 and a beta of 1.25. The stock’s 50-day moving average price is $592.78 and its two-hundred day moving average price is $609.82.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results 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). The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business’s revenue was up 28.0% compared to the same quarter last year. During the same period last year, the company earned $7.14 earnings per share. On average, equities analysts predict that Meta Platforms, Inc. will post 28.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on META. Rothschild & Co Redburn boosted their price objective on Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Wells Fargo & Company cut their target price on shares of Meta Platforms from $835.00 to $640.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. KeyCorp lowered their price target on shares of Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group dropped their price target on shares of Meta Platforms from $815.00 to $725.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, Benchmark reaffirmed a “hold” rating on shares of Meta Platforms in a research note on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and an average price target of $785.22.

Check Out Our Latest Research Report on Meta Platforms

Insider Activity

In other Meta Platforms news, CTO Andrew Bosworth sold 7,848 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the sale, the chief technology officer directly owned 828 shares in the company, valued at approximately $462,024. This trade represents a 90.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 3,348 shares of Meta Platforms stock in a transaction on 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 in the company, valued at approximately $5,708,013.06. This represents a 26.06% 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. Insiders have sold a total of 32,987 shares of company stock worth $19,202,995 in the last ninety days. Company insiders own 13.53% of the company’s stock.

Meta Platforms Company 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.