Meta Platforms, Inc. $META Stock: Cresta Advisors Ltd. Trims Position

Posted by Stanley Muller on Oct 14th, 2026

Cresta Advisors Ltd. decreased its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 23.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,649 shares of the social networking company’s stock after selling 1,099 shares during the period. Meta Platforms makes up 1.3% of Cresta Advisors Ltd.’s investment portfolio, making the stock its 23rd largest position. Cresta Advisors Ltd.’s holdings in Meta Platforms were worth $2,646,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of META. Watchman Group Inc. grew its stake in Meta Platforms by 0.3% in the 1st quarter. Watchman Group Inc. now owns 5,091 shares of the social networking company’s stock valued at $2,913,000 after buying an additional 15 shares in the last quarter. Penney Financial LLC boosted its holdings in shares of Meta Platforms by 3.9% in the first quarter. Penney Financial LLC now owns 399 shares of the social networking company’s stock worth $228,000 after acquiring an additional 15 shares during the period. Barnes Pettey Financial Advisors LLC boosted its holdings in shares of Meta Platforms by 1.0% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 1,519 shares of the social networking company’s stock worth $869,000 after acquiring an additional 15 shares during the period. Bill Few Associates Inc. boosted its holdings in shares of Meta Platforms by 1.3% in the third quarter. Bill Few Associates Inc. now owns 1,206 shares of the social networking company’s stock worth $874,000 after acquiring an additional 15 shares during the period. Finally, CWS Financial Advisors LLC grew its position in shares of Meta Platforms by 1.7% in the first quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company’s stock valued at $564,000 after purchasing an additional 16 shares in the last quarter. Institutional investors own 79.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on META. TD Cowen reiterated a “buy” rating and set a $865.00 price objective on shares of Meta Platforms in a research note on Thursday, October 8th. Roth Capital cut their target price on Meta Platforms from $820.00 to $750.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. BNP Paribas Exane reduced their target price on Meta Platforms from $955.00 to $855.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Citizens Jmp lifted their target price on Meta Platforms from $770.00 to $885.00 and gave the company a “market outperform” rating in a report on Thursday, September 24th. Finally, Weiss Ratings upgraded Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $796.51.

Check Out Our Latest Research Report on Meta Platforms

Trending Headlines about Meta Platforms

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

Positive Sentiment: Meta introduced Muse Wonder and Muse Wonder Full, frontier AI models designed for complex, multi-step personal and professional tasks. The launch supports the view that Meta is catching up with OpenAI and Anthropic while creating potential subscription and advertising opportunities. Meta Platforms Introduces AI Tools to Fine-Tune Facebook Algorithms
Positive Sentiment: Third-party app data reportedly showed strong early retention for Meta’s standalone Muse assistant, helping ease concerns about slowing downloads and reinforcing expectations that the company’s AI investments can improve engagement and monetization. Why Meta Stock Is Up Today
Positive Sentiment: Wall Street support strengthened, with Truist assigning a $1,000 price target and KeyCorp and Rosenblatt reaffirming bullish ratings with targets of $900 and $886, respectively. Analysts cited Muse adoption and AI-driven advertising improvements as catalysts. Social Media Stocks Rally as Truist Sets $1,000 Meta Target
Positive Sentiment: Meta’s partnership with Virtuix expanded, with Omni One orders reportedly tripling year over year after becoming available for Meta Quest. The development provides modest support for demand across Meta’s virtual-reality ecosystem. Virtuix Deepens Meta Partnership
Neutral Sentiment: Facebook is giving users more control over feed-ranking algorithms. The move may improve user trust and engagement, although greater personalization controls could affect content distribution and ad performance. Facebook Gives Users More Algorithm Control
Negative Sentiment: Investors remain cautious about Meta’s premium valuation and substantial AI spending, with planned capital expenditures reportedly reaching $130 billion to $145 billion. Third-quarter results, scheduled for October 21, will be important for validating AI monetization and revenue guidance. Meta Q3 Preview

Insider Buying and Selling

In related news, CAO Aaron Anderson sold 3,240 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the transaction, the chief accounting officer owned 6,271 shares of the company’s stock, valued at $3,875,854.26. This represents a 34.07% 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, CTO Andrew Bosworth sold 7,848 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the transaction, the chief technology officer directly owned 828 shares in the company, valued at approximately $462,024. This represents a 90.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 148,222 shares of company stock valued at $101,033,627 in the last three months. 13.53% of the stock is owned by corporate insiders.

Meta Platforms Price Performance

Meta Platforms stock opened at $762.50 on Wednesday. Meta Platforms, Inc. has a 52 week low of $520.26 and a 52 week high of $779.82. The business has a 50-day simple moving average of $647.53 and a 200 day simple moving average of $622.44. 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 $1.94 trillion, a price-to-earnings ratio of 28.72, a PEG ratio of 1.29 and a beta of 1.19.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter in the prior year, the company earned $7.14 earnings per share. Meta Platforms’s revenue was up 28.0% compared to the same quarter last year. On average, research analysts forecast that Meta Platforms, Inc. will post 27.94 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

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

About Meta Platforms

(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.