491,527 Meta Platforms, Inc. $META Shares Bought by Ninety One UK Ltd

Posted by Francis Steltz on Oct 17th, 2026

Ninety One UK Ltd raised its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 95.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,006,492 shares of the social networking company’s stock after purchasing an additional 491,527 shares during the quarter. Meta Platforms comprises approximately 1.7% of Ninety One UK Ltd’s holdings, making the stock its 13th biggest holding. Ninety One UK Ltd’s holdings in Meta Platforms were worth $729,888,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. PFG Private Wealth Management LLC increased its position in shares of Meta Platforms by 17.8% in the third quarter. PFG Private Wealth Management LLC now owns 1,018 shares of the social networking company’s stock worth $738,000 after acquiring an additional 154 shares in the last quarter. Summit Financial Wealth Advisors LLC lifted its position in shares of Meta Platforms by 2.0% during the third quarter. Summit Financial Wealth Advisors LLC now owns 1,781 shares of the social networking company’s stock worth $1,292,000 after purchasing an additional 35 shares in the last quarter. Ninety One SA Pty Ltd boosted its stake in shares of Meta Platforms by 1,291.4% in the third quarter. Ninety One SA Pty Ltd now owns 19,939 shares of the social networking company’s stock valued at $14,501,000 after purchasing an additional 18,506 shares during the period. TT Capital Management LLC boosted its stake in shares of Meta Platforms by 76.4% in the third quarter. TT Capital Management LLC now owns 4,223 shares of the social networking company’s stock valued at $3,063,000 after purchasing an additional 1,829 shares during the period. Finally, Gunderson Capital Management LLC acquired a new stake in Meta Platforms during the 3rd quarter valued at $11,091,000. Institutional investors and hedge funds own 79.91% of the company’s stock.

Meta Platforms News Summary

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

Positive Sentiment: Bank of America expects Meta to exceed third-quarter revenue expectations, forecasting $63.8 billion versus a $63.3 billion consensus estimate, and maintained a Buy rating with an $810 price target. Meta expected to beat revenue forecasts as AI boosts advertising, says Bank of America
Positive Sentiment: Meta released the open-weight Muse Spark model for coding and AI-agent tasks, while its collaboration with Apple enables developers to run the model locally on high-end Mac computers. The developments could broaden adoption of Meta’s AI technology and reduce reliance on cloud infrastructure. Meta releases open-weight Muse Spark model
Positive Sentiment: JPMorgan reaffirmed its Overweight rating and set a $920 price target, implying substantial upside, while other analysts including KeyCorp and Rosenblatt also maintained positive ratings. JPMorgan reaffirms Meta rating
Neutral Sentiment: Meta is expected to report third-quarter results on October 21. Investors will focus on advertising growth, user metrics, profitability, capital expenditures, and management’s outlook for AI infrastructure spending. Meta Q3 earnings estimates
Neutral Sentiment: Meta withdrew $25 million from a previously announced $65 million effort to support political candidates considered favorable to the AI industry. The move may reduce near-term spending but signals a change in its political strategy. Meta Withdraws $25 Million from Its Midterms Push
Negative Sentiment: Analyst-related pressure is weighing on the stock after Goldman Sachs lowered its expectations and Meta was reported down following an analyst downgrade, countering the more bullish JPMorgan view. Meta stock price down on analyst downgrade
Negative Sentiment: Investors remain concerned that AI infrastructure spending could reach approximately $205 billion in 2027. Heavy capital expenditures are reducing free cash flow, while potential legal charges and regulatory scrutiny add to earnings risk. Meta AI spending could hit $205 billion
Negative Sentiment: Seven U.S. senators are questioning Meta’s claim of $6.6 billion in research tax credits for AI data centers, creating potential tax liability and reputational risk. Senators question Meta AI data-center tax credits

Insider Activity at Meta Platforms

In other news, insider Christopher K. Cox sold 40,000 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $712.76, for a total value of $28,510,400.00. Following the sale, the insider owned 184,516 shares in the company, valued at approximately $131,515,624.16. This represents a 17.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark Zuckerberg sold 27,474 shares of the stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total transaction of $21,359,386.56. 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 sold 149,797 shares of company stock worth $102,180,385 over the last 90 days. Company insiders own 13.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. UBS Group lifted their price target on shares of Meta Platforms from $715.00 to $884.00 and gave the stock a “buy” rating in a research note on Wednesday. Rothschild & Co Redburn boosted their price objective on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Needham & Company LLC reissued a “hold” rating on shares of Meta Platforms in a research report on Thursday, August 27th. Sanford C. Bernstein restated an “outperform” rating and set a $800.00 target price (down from $850.00) on shares of Meta Platforms in a research note on Thursday, July 30th. Finally, Raymond James Financial raised their target price on Meta Platforms from $650.00 to $860.00 and gave the company a “strong-buy” rating in a research note on Thursday, September 24th. Three analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $808.88.

Check Out Our Latest Report on META

Meta Platforms Stock Down 3.7%

Shares of Meta Platforms stock traded down $27.39 on Friday, hitting $709.33. 20,582,358 shares of the company’s stock traded hands, compared to its average volume of 22,124,532. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $779.82. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. The stock has a market cap of $1.81 trillion, a P/E ratio of 26.72, a PEG ratio of 1.27 and a beta of 1.19. The firm’s 50-day moving average is $655.78 and its 200 day moving average is $625.86.

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 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 return on equity of 33.18% and a net margin of 29.83%. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the firm posted $7.14 EPS. Equities analysts anticipate that Meta Platforms, Inc. will post 28.15 earnings per share for the current year.

Meta Platforms Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were issued a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is currently 7.91%.

Meta Platforms Profile

(Free Report)

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.