Meta Platforms, Inc. $META Shares Sold by Westfield Capital Management Co. LP

Posted by Brenda Bartman on Jun 11th, 2026

Westfield Capital Management Co. LP trimmed its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 14.6% in the fourth quarter, HoldingsChannel reports. The firm owned 655,283 shares of the social networking company’s stock after selling 112,374 shares during the period. Meta Platforms makes up 1.8% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 11th largest position. Westfield Capital Management Co. LP’s holdings in Meta Platforms were worth $432,546,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westchester Capital Management Inc. acquired a new position in Meta Platforms during the 3rd quarter valued at about $26,000. RHL Group LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth approximately $28,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth approximately $29,000. Key Capital Management INC acquired a new stake in shares of Meta Platforms in the 4th quarter worth approximately $48,000. Finally, Entrust Financial LLC acquired a new stake in shares of Meta Platforms in the 4th quarter worth approximately $48,000. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms News Summary

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

Positive Sentiment: Analysts remain constructive on earnings power, with Erste Group raising its FY2027 EPS estimate for Meta and Truist pointing to a potential new subscription business that could add about $20 billion in revenue over time. Meta Platforms analyst update Truist says Meta is building a new $20B business
Positive Sentiment: Meta expanded its AI infrastructure strategy by signing a data-center deal with Reliance in India, which could support long-term AI and cloud-scale ambitions. Meta agrees to Indian AI data center deal as hyperscaler bolsters its infrastructure
Neutral Sentiment: Some commentary argues the market may be overreacting to Meta’s AI capex, saying the spending should be judged by its impact on the core ad business rather than near-term monetization. Meta: The Market’s Perception On AI CapEx Seems Misplaced
Neutral Sentiment: The broader AI data-center boom is facing scrutiny, with a report saying not all announced gigawatts will actually be built by 2030, adding uncertainty around hyperscaler infrastructure spending. Wall Street’s $800 Billion AI Data Center Bet Is Showing Cracks
Negative Sentiment: Meta is drawing criticism over a subscription push and broader concerns that its AI strategy still lacks a clear direct revenue path, which may be pressuring sentiment on the stock. Meta’s Subscription Push Exposes Its Weak Hand in AI
Negative Sentiment: Regulatory and legal risks remain elevated after the EU ordered Meta to restore WhatsApp access for rival AI chatbots, and a court denied Meta a new trial in the youth social-media addiction case. EU regulators order Meta to allow rival AI chatbots free access to WhatsApp Google and Meta denied new trial in youth social media addiction case
Negative Sentiment: Security concerns resurfaced after reports said an AI bug helped hackers breach tens of thousands of Instagram accounts, reinforcing worries about product trust and platform risk. Meta A.I. Bug Allowed Hackers to Take Over Instagram Accounts

Analyst Ratings Changes

A number of brokerages have recently weighed in on META. Susquehanna raised shares of Meta Platforms from a “positive” rating to a “positive” rating in a research note on Tuesday, June 2nd. Raymond James Financial raised shares of Meta Platforms from an “underperform” rating to an “outperform” rating in a research note on Tuesday, June 2nd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $900.00 price target on shares of Meta Platforms in a research note on Tuesday, April 21st. Erste Group Bank lowered shares of Meta Platforms from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, UBS Group cut Meta Platforms from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 2nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Meta Platforms presently has a consensus rating of “Moderate Buy” and an average target price of $840.60.

Read Our Latest Research Report on META

Meta Platforms Stock Down 2.3%

NASDAQ META opened at $570.98 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The company’s 50 day simple moving average is $621.46 and its 200 day simple moving average is $636.55. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The company has a market capitalization of $1.44 trillion, a P/E ratio of 20.76, a PEG ratio of 1.04 and a beta of 1.23.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $55.56 billion. During the same period in the previous year, the firm earned $6.43 EPS. The business’s revenue for the quarter was up 33.1% on a year-over-year basis. Equities research analysts expect that Meta Platforms, Inc. will post 29.35 earnings per share for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, June 15th. Meta Platforms’s payout ratio is presently 7.63%.

Insiders Place Their Bets

In related news, CTO Andrew Bosworth sold 7,847 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, the chief technology officer directly owned 414 shares in the company, valued at $251,641.62. The trade was a 94.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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, COO Javier Olivan sold 837 shares of Meta Platforms stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $629.29, for a total transaction of $526,715.73. Following the completion of the transaction, the chief operating officer directly owned 12,986 shares in the company, valued at approximately $8,171,959.94. This trade represents a 6.06% decrease in their ownership of the stock. 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. Over the last three months, insiders sold 41,305 shares of company stock worth $25,567,928. Company insiders own 13.53% of the company’s stock.

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.