SmartHarvest Portfolios LLC Buys Shares of 10,639 Meta Platforms, Inc. $META

Posted by Brian Himes on Jun 12th, 2026

SmartHarvest Portfolios LLC bought a new stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,639 shares of the social networking company’s stock, valued at approximately $7,023,000. Meta Platforms comprises 2.4% of SmartHarvest Portfolios LLC’s investment portfolio, making the stock its 8th biggest position.

Several other hedge funds have also bought and sold shares of META. Vista Capital Partners Inc. grew its holdings in Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after acquiring an additional 14 shares in the last quarter. First National Bank Sioux Falls grew its holdings in Meta Platforms by 0.7% during the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after acquiring an additional 14 shares in the last quarter. Levin Capital Strategies L.P. grew its holdings in Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after acquiring an additional 14 shares in the last quarter. Arcataur Capital Management LLC grew its holdings in Meta Platforms by 0.9% during the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock worth $1,146,000 after acquiring an additional 15 shares in the last quarter. Finally, Acorn Creek Capital LLC grew its holdings in Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock worth $1,398,000 after acquiring an additional 15 shares in the last quarter. 79.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Meta Platforms

In other news, Director Robert M. Kimmitt sold 504 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $629.29, for a total transaction of $317,162.16. Following the sale, the director owned 3,943 shares in the company, valued at approximately $2,481,290.47. The trade was a 11.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,195 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $607.84, for a total value of $5,589,088.80. Following the sale, the chief financial officer owned 13,186 shares in the company, valued at $8,014,978.24. The trade was a 41.08% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last three months, insiders have sold 41,305 shares of company stock valued at $25,567,928. Insiders own 13.53% of the company’s stock.

Wall Street Analysts Forecast Growth

META has been the topic of several recent research reports. Wedbush upgraded shares of Meta Platforms from an “outperform” rating to a “neutral” rating in a report on Tuesday, June 2nd. Bank of America dropped their target price on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Wells Fargo & Company dropped their target price on shares of Meta Platforms from $770.00 to $765.00 and set an “overweight” rating on the stock in a report on Wednesday, May 20th. TD Cowen dropped their target price on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $810.00 target price on shares of Meta Platforms in a report on Monday, June 1st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus target price of $840.60.

Check Out Our Latest Analysis on Meta Platforms

Meta Platforms Stock Performance

Shares of Meta Platforms stock opened at $568.43 on Friday. The company has a market capitalization of $1.44 trillion, a PE ratio of 20.66, a P/E/G ratio of 1.01 and a beta of 1.23. 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 company has a 50-day simple moving average of $621.39 and a two-hundred day simple moving average of $636.37. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last announced 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. The business had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm’s revenue was up 33.1% on a year-over-year basis. During the same period in the previous year, the company posted $6.43 earnings per share. Research analysts expect that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Key Stories Impacting Meta Platforms

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

Positive Sentiment: Meta announced a partnership with Reliance Industries to build its first AI-enabled data center in India, a 168-megawatt facility that could support its global AI infrastructure push and long-term capacity needs. Mark Zuckerberg Teams Up With India’s Richest Man To Build Meta’s Next AI Powerhouse
Positive Sentiment: Analysts continue to point to upside from Meta’s AI and subscription initiatives, including commentary that the company may be building a sizable new recurring revenue stream to help offset infrastructure costs. Meta is building a new $20B business, Truist says
Positive Sentiment: Several reports and analyst notes highlighted Meta as an attractive long-term AI and compounder stock, reinforcing bullish sentiment despite recent volatility. 5 Best Compounder Stocks to Buy Now
Neutral Sentiment: Meta is drawing attention for hiring, workforce reallocation, and training efforts tied to the AI data-center boom, which may help execution but does not change near-term earnings directly. The workers Meta and Google desperately need aren’t in Silicon Valley
Neutral Sentiment: Wall Street remains split on Meta’s AI capital spending cycle, with some analysts lifting estimates while others warn investors are waiting for proof that higher capex will generate returns. Meta navigates AI investment cycle as Street weighs costs against returns
Neutral Sentiment: Meta also received a modest earnings estimate bump from Erste Group, suggesting analysts see continued earnings strength, though the rating remained Hold. Meta Platforms stock research summary
Negative Sentiment: Investor concern is growing that Meta’s aggressive AI spending could pressure margins and free cash flow before monetization fully catches up, which is weighing on sentiment. Are investors growing concerned about Meta’s AI spend?
Negative Sentiment: Meta lost a bid for a new trial in its youth social-media addiction case, keeping legal overhangs alive for the stock. Google and Meta denied new trial in youth social media addiction case
Negative Sentiment: A report also said hackers breached thousands of Instagram accounts through an AI-related bug, adding another security and product-trust issue for Meta. Hackers Breach 20K Instagram Accounts Due to AI Bug

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.