Principle Wealth Partners LLC Has $13.23 Million Position in Meta Platforms, Inc. $META

Posted by George Bondi on Sep 11th, 2026

Principle Wealth Partners LLC lifted its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 6.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,496 shares of the social networking company’s stock after purchasing an additional 1,386 shares during the quarter. Principle Wealth Partners LLC’s holdings in Meta Platforms were worth $13,235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. RHL Group LLC bought a new stake in shares of Meta Platforms during the fourth quarter worth $28,000. Strategic Wealth Advisors LLC bought a new position in shares of Meta Platforms in the 4th quarter valued at $29,000. Advantage Trust Co acquired a new stake in shares of Meta Platforms during the 2nd quarter valued at $28,000. Axiom Investment Management LLC acquired a new stake in shares of Meta Platforms during the 1st quarter valued at $36,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Meta Platforms during the 4th quarter worth $42,000. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Meta Platforms

In related news, CFO Susan Li sold 9,196 shares of Meta Platforms stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $550.61, for a total value of $5,063,409.56. Following the transaction, the chief financial officer directly owned 13,186 shares of the company’s stock, valued at $7,260,343.46. The trade was a 41.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis Mahoney sold 1,559 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $869,922.00. Following the completion of the sale, the insider owned 1,957 shares in the company, valued at $1,092,006. The trade was a 44.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 41,581 shares of company stock valued at $24,506,695 over the last ninety days. Insiders own 13.53% of the company’s stock.

Meta Platforms Stock Down 1.4%

Shares of NASDAQ:META opened at $644.38 on Friday. The firm has a market cap of $1.64 trillion, a P/E ratio of 24.27, a P/E/G ratio of 1.13 and a beta of 1.25. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms, Inc. has a 12-month low of $520.26 and a 12-month high of $790.80. The business has a fifty day simple moving average of $600.28 and a 200 day simple moving average of $608.66.

Meta Platforms (NASDAQ:META – Get Free Report) last released 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). Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The company had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter last year, the firm posted $7.14 EPS. The company’s quarterly revenue was up 28.0% on a year-over-year basis. Analysts predict that Meta Platforms, Inc. will post 28.17 earnings per share for the current year.

Meta Platforms News Summary

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

Positive Sentiment: JPMorgan upgraded Meta from Neutral to Overweight and raised its price target from $640 to $820, citing the company’s frontier AI models and AI-agent opportunity as potential growth drivers beyond advertising. JPMorgan upgrades Meta on AI models and agents
Positive Sentiment: Meta’s Muse AI agent gained significant early traction, reportedly reaching the No. 2 position among U.S. apps. Its free and paid subscription tiers could create a recurring revenue stream and help monetize Meta’s substantial AI investments. Meta’s AI agent Muse reaches No. 2 app ranking
Positive Sentiment: Meta’s board declared a quarterly cash dividend of $0.525 per share, payable September 28 to shareholders of record September 21. The dividend adds to shareholder returns and signals confidence in cash generation. Meta announces quarterly cash dividend
Neutral Sentiment: Investors remain divided over whether Muse can become a material financial catalyst. Dedicated computing, security and inference costs could pressure margins before subscription revenue scales, while Meta continues to commit heavily to AI infrastructure.
Negative Sentiment: Star AI researcher Andrew Tulloch is leaving Meta for Anthropic. The departure raises concerns about Meta’s ability to retain high-value technical talent amid intensifying competition for AI researchers. Top AI researcher leaves Meta for Anthropic
Negative Sentiment: Meta faces renewed privacy and regulatory scrutiny as Muse can access sensitive information and perform actions across third-party applications. Reports of fraudulent cryptocurrency advertisements and related lawsuits add to reputational and legal risks.
Negative Sentiment: COO Javier Olivan sold shares worth approximately $3.3 million in two transactions under a pre-arranged Rule 10b5-1 plan. Although scheduled sales are less concerning, the sizable reduction in his direct holdings may weigh modestly on sentiment.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on META. Erste Group Bank raised Meta Platforms from a “hold” rating to a “buy” rating in a report on Tuesday, July 7th. The Goldman Sachs Group cut their price target on Meta Platforms from $815.00 to $725.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Barclays reduced their price target on Meta Platforms from $830.00 to $780.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Scotiabank reaffirmed a “sector perform” rating and issued a $600.00 price objective on shares of Meta Platforms in a research note on Thursday, July 30th. Finally, KeyCorp dropped their price objective on shares of Meta Platforms from $790.00 to $780.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Meta Platforms presently has an average rating of “Moderate Buy” and an average price target of $787.54.

Get Our Latest Analysis on Meta Platforms

Meta Platforms Company Profile

(Free Report)

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.