Meta Platforms, Inc. $META Stock Bought by Citrine Capital LLC

Citrine Capital LLC grew its holdings in Meta Platforms, Inc. (NASDAQ:META) by 36.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,140 shares of the social networking company’s stock after acquiring an additional 837 shares during the quarter. Meta Platforms accounts for approximately 0.8% of Citrine Capital LLC’s investment portfolio, making the stock its 15th biggest position. Citrine Capital LLC’s holdings in Meta Platforms were worth $2,277,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Fairtree Asset Management Pty Ltd raised its holdings in Meta Platforms by 18.6% in the 2nd quarter. Fairtree Asset Management Pty Ltd now owns 18,777 shares of the social networking company’s stock valued at $10,577,000 after acquiring an additional 2,939 shares in the last quarter. Madison Wealth Partners Inc grew its holdings in shares of Meta Platforms by 33.6% during the 2nd quarter. Madison Wealth Partners Inc now owns 3,031 shares of the social networking company’s stock worth $1,707,000 after purchasing an additional 763 shares in the last quarter. William John Sempolinski acquired a new stake in shares of Meta Platforms during the 2nd quarter worth $3,107,000. Sone Capital Management LLC grew its holdings in shares of Meta Platforms by 38.2% during the 2nd quarter. Sone Capital Management LLC now owns 16,059 shares of the social networking company’s stock worth $9,046,000 after purchasing an additional 4,440 shares in the last quarter. Finally, Lakewood Capital Management LP increased its position in shares of Meta Platforms by 63.7% in the second quarter. Lakewood Capital Management LP now owns 115,985 shares of the social networking company’s stock worth $65,333,000 after purchasing an additional 45,130 shares during the period. 79.91% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta launched its Muse Wonder and Muse Wonder Full AI models, which it says are competitive with offerings from OpenAI and Anthropic. The models are designed for personal and professional agents capable of handling complex, multi-step tasks, strengthening the company’s position in the AI race. Meta releases Muse Wonder AI models to challenge Anthropic and OpenAI
• Positive Sentiment: Early third-party data reportedly showed strong retention for Meta’s standalone Muse assistant, comparable with ChatGPT. Investors viewed that engagement as evidence that Meta may be able to turn its substantial AI investment into a meaningful consumer product and potential subscription revenue. Why Meta stock is up today
• Positive Sentiment: Wall Street remained constructive: KeyCorp reaffirmed an overweight rating with a $900 price target, Rosenblatt maintained a buy rating with an $886 target, and Truist reportedly set a $1,000 Street-high target based on AI-driven advertising improvements and Muse adoption. Erste Group Bank also modestly raised its FY2027 EPS estimate to $33.84 and kept a buy rating.
• Positive Sentiment: Meta introduced additional tools to fine-tune Facebook’s recommendation algorithms, potentially improving engagement and ad targeting. The company also restricted TikTok and ByteDance advertising across seven countries, which could redirect some advertising demand to Meta’s platforms. Meta Platforms introduces AI tools to fine-tune Facebook algorithms
• Neutral Sentiment: Meta will report third-quarter results after the market closes on October 21. Investors will be watching revenue growth, advertising performance, AI monetization and planned spending of approximately $130 billion to $145 billion. Meta to announce third-quarter 2026 results
• Negative Sentiment: Risks include Meta’s premium valuation after its recent rally, rising AI infrastructure costs and uncertainty over whether Muse subscriptions can produce attractive returns. Some commentary also noted slowing AI-assistant downloads and questioned whether the company’s large AI investment will generate sufficient profits.

Analyst Ratings Changes

A number of research analysts recently commented on META shares. Canaccord Genuity Group boosted their price target on Meta Platforms from $930.00 to $950.00 and gave the company a “buy” rating in a research note on Friday, September 25th. Rosenblatt Securities reiterated a “buy” rating and set a $886.00 price objective on shares of Meta Platforms in a research note on Tuesday. Wolfe Research reissued an “outperform” rating and issued a $700.00 target price on shares of Meta Platforms in a report on Thursday, July 30th. BNP Paribas Exane dropped their target price on shares of Meta Platforms from $955.00 to $855.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Finally, Tigress Financial reaffirmed a “strong-buy” rating and set a $945.00 price target (down from $995.00) on shares of Meta Platforms in a report on Thursday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Meta Platforms presently has a consensus rating of “Moderate Buy” and a consensus target price of $796.51.

Meta Platforms Price Performance

Shares of META stock opened at $762.50 on Wednesday. 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 twelve month low of $520.26 and a twelve month high of $779.82. The company has a market cap of $1.94 trillion, a P/E ratio of 28.72, a P/E/G ratio of 1.29 and a beta of 1.19. The business has a fifty day simple moving average of $647.53 and a 200 day simple moving average of $622.44.

Meta Platforms (NASDAQ:META) last released its earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.19 by ($1.01). The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. The business’s revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.14 EPS. On average, sell-side analysts forecast that Meta Platforms, Inc. will post 27.94 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. Stockholders of record on Monday, September 21st were paid a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, September 21st. Meta Platforms’s dividend payout ratio (DPR) is presently 7.91%.

Insider Activity

In related news, COO Javier Olivan sold 946 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $728.08, for a total value of $688,763.68. Following the completion of the transaction, the chief operating officer owned 7,878 shares of the company’s stock, valued at $5,735,814.24. This represents a 10.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the transaction, the insider directly owned 184,516 shares of the company’s stock, valued at approximately $131,515,624.16. The trade was a 17.82% decrease in their position. 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. In the last three months, insiders have sold 148,222 shares of company stock worth $101,033,627. Corporate insiders own 13.53% of the company’s stock.

About Meta Platforms

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.