Meta Platforms, Inc. $META Shares Sold by Trek Financial LLC

Posted by George Bondi on May 21st, 2026

Trek Financial LLC decreased its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 58.8% in the fourth quarter, HoldingsChannel reports. The firm owned 6,231 shares of the social networking company’s stock after selling 8,884 shares during the period. Trek Financial LLC’s holdings in Meta Platforms were worth $4,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Meta Platforms by 1.7% during the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock worth $20,230,000 after purchasing an additional 570 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock valued at $5,537,000 after purchasing an additional 875 shares during the last quarter. Headwater Capital Co Ltd increased its position in Meta Platforms by 294.7% during the first quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after acquiring an additional 112,000 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Meta Platforms in the 2nd quarter valued at approximately $213,000. Finally, Capital & Planning LLC bought a new stake in Meta Platforms in the 2nd quarter valued at $322,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on META shares. BMO Capital Markets upped their price target on Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a research report on Thursday, January 29th. Monness Crespi & Hardt increased their price objective on Meta Platforms from $808.00 to $890.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $810.00 price target on shares of Meta Platforms in a research note on Thursday, April 30th. Rothschild & Co Redburn set a $900.00 target price on Meta Platforms in a report on Monday, January 26th. Finally, Bank of America decreased their price target on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a report on Monday, April 20th. Four equities research 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 company’s stock. According to data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus target price of $840.19.

Read Our Latest Research Report on META

More Meta Platforms News

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

Negative Sentiment: Meta began cutting about 8,000 jobs, or roughly 10% of its workforce, as part of a broader AI-first restructuring. Investors may view the move as evidence that the company needs to offset rising AI investment costs, which could weigh on near-term profitability. Meta Begins Laying Off Thousands of Employees as It Transforms Around AI
Negative Sentiment: Multiple reports say Meta tied the layoffs to funding its AI push, reinforcing worries that aggressive investment in AI could pressure earnings and cash flow before the benefits show up. Zuckerberg says ‘success isn’t a given’ in memo to employees amid Meta layoffs
Negative Sentiment: Management’s decision to reassign about 7,000 workers into AI-related roles while cutting headcount highlights the scale of the internal overhaul and may keep morale and execution risks in focus. Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
Negative Sentiment: Meta’s CFO, Susan Li, sold shares in a pre-arranged transaction, which can add to short-term caution even though the sale was reportedly for tax withholding purposes. Meta Platforms (NASDAQ:META) CFO Susan Li Sells 2,127 Shares
Neutral Sentiment: Meta also offered rival AI chatbots limited free access to WhatsApp in Europe, a move that could support platform usage but does not yet have a clear near-term financial impact. Exclusive: Meta offers AI rival chatbots limited free WhatsApp access, sources say
Neutral Sentiment: Analysts remain generally constructive on Meta’s long-term earnings power, with Wells Fargo only slightly trimming its price target while keeping an Overweight rating. Wells Fargo Trims Meta Platforms Price Target to $765: Why the AI Infrastructure Bet Still Has Believers

Meta Platforms Price Performance

NASDAQ:META opened at $605.06 on Thursday. Meta Platforms, Inc. has a 52-week low of $520.26 and a 52-week high of $796.25. The company has a market cap of $1.53 trillion, a P/E ratio of 21.99, a P/E/G ratio of 1.06 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The stock’s 50-day simple moving average is $619.50 and its 200 day simple moving average is $637.47.

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

Insider Transactions at Meta Platforms

In other news, CFO Susan J. Li sold 56,571 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $644.70, for a total transaction of $36,471,323.70. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total transaction of $4,769,642.01. Following the completion of the transaction, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. This trade represents a 94.99% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 171,517 shares of company stock worth $109,138,067. Company insiders own 13.53% of the company’s stock.

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.