14,215 Meta Platforms, Inc. $META Shares Sold by Waycross Partners LLC

Posted by George Bondi on Nov 12th, 2026

Waycross Partners LLC cut its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 17.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,870 shares of the social networking company’s stock after selling 14,215 shares during the quarter. Meta Platforms comprises approximately 3.7% of Waycross Partners LLC’s holdings, making the stock its 7th largest position. Waycross Partners LLC’s holdings in Meta Platforms were worth $47,768,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. State Street Corp boosted its holdings in shares of Meta Platforms by 4.0% during the 2nd quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock worth $51,841,811,000 after buying an additional 3,510,123 shares during the period. Bank of America Corp DE grew its holdings in Meta Platforms by 14.6% in the 1st quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock valued at $12,036,491,000 after buying an additional 2,673,494 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Meta Platforms by 1.3% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after buying an additional 162,909 shares during the period. Amundi increased its position in Meta Platforms by 18.1% in the 1st quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock worth $6,784,873,000 after buying an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Meta Platforms by 4.0% during the first quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company’s stock worth $5,964,745,000 after buying an additional 404,948 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

META has been the topic of several research reports. Scotiabank boosted their price objective on shares of Meta Platforms from $600.00 to $650.00 and gave the stock a “sector perform” rating in a report on Thursday, October 22nd. Rosenblatt Securities reiterated a “buy” rating and issued a $886.00 target price on shares of Meta Platforms in a research note on Tuesday, October 20th. Wells Fargo & Company decreased their target price on Meta Platforms from $1,000.00 to $995.00 and set an “overweight” rating on the stock in a research report on Thursday, October 22nd. JPMorgan Chase & Co. boosted their price target on Meta Platforms from $920.00 to $940.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. Finally, Susquehanna raised their price objective on Meta Platforms from $650.00 to $850.00 and gave the stock a “positive” rating in a research report on Thursday, October 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus price target of $833.12.

Get Our Latest Research Report on Meta Platforms

Meta Platforms Stock Down 2.0%

Shares of META opened at $628.77 on Thursday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average price of $678.62 and a two-hundred day moving average price of $632.12. The stock has a market cap of $1.61 trillion, a price-to-earnings ratio of 21.44, a P/E/G ratio of 1.11 and a beta of 1.28. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $779.82.

Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The social networking company reported $7.40 earnings per share for the quarter, beating the consensus estimate of $6.54 by $0.86. Meta Platforms had a return on equity of 30.73% and a net margin of 31.15%. The company had revenue of $64.60 billion for the quarter, compared to analyst estimates of $63.34 billion. During the same period in the prior year, the company posted $7.25 EPS. The company’s revenue was up 26.1% compared to the same quarter last year. Equities analysts predict that Meta Platforms, Inc. will post 29.01 EPS for the current fiscal year.

Meta Platforms Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Monday, September 21st were given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms’s dividend payout ratio is 7.16%.

Key Headlines Impacting Meta Platforms

Here are a few of the latest headlines about META:

Positive Sentiment: JPMorgan named Meta its preferred internet stock, citing AI’s contribution to advertising performance and potential growth in Family of Apps ad revenue. Article: Meta Platforms Wins JPMorgan Backing
Negative Sentiment: United Airlines barred AI agents from booking flights, raising doubts about a prominent potential use for Meta’s Muse agent and weighing on sentiment toward the company’s AI ambitions. Article: United Airlines bars AI agents from booking tickets
Negative Sentiment: Meta’s Facebook was fined by Brazil’s electoral court over alleged failure to provide equal content during a presidential campaign, adding regulatory and reputational risk. Article: Meta Fined by Brazil Electoral Court

Insiders Place Their Bets

In other Meta Platforms news, COO Javier Olivan sold 946 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $614.15, for a total transaction of $580,985.90. Following the completion of the transaction, the chief operating officer directly owned 4,094 shares in the company, valued at $2,514,330.10. This represents a 18.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 149,398 shares of company stock valued at $102,134,435 in the last quarter. Corporate insiders own 13.42% of the company’s stock.

Meta Platforms Profile

(Free Report)

Meta Platforms, Inc. is a global technology company that develops social networking, messaging, and digital communication products. Its services include Facebook, Instagram, WhatsApp, Messenger, and Threads, which connect people and help businesses reach audiences around the world. The company also develops virtual and augmented reality products and technologies through its Reality Labs division, including Quest headsets and related software and services. Advertising is a central part of Meta’s business, with its platforms providing tools for businesses to promote products and services.