Meta Platforms, Inc. $META Shares Sold by Oak Grove Capital LLC

Key Points

• Oak Grove Capital reduced its Meta stake by 9.3% in the third quarter, selling 988 shares and retaining 9,583 shares valued at approximately $6.95 million. Institutional investors overall own 79.91% of Meta’s outstanding stock.
• Meta reported quarterly revenue of $60.8 billion, up 28% year over year, but earnings of $6.18 per share fell short of the $7.19 consensus estimate. The company also pays a quarterly dividend of $0.525 per share, representing a 0.3% yield.
• Analysts remain broadly positive, with Meta carrying a “Moderate Buy” consensus rating and an average price target of $791.86. However, investors face risks from heavy AI infrastructure spending, regulatory scrutiny, and challenges monetizing Meta’s AI initiatives.

Oak Grove Capital LLC cut its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,583 shares of the social networking company's stock after selling 988 shares during the period. Oak Grove Capital LLC's holdings in Meta Platforms were worth $6,949,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Horizons Wealth Management acquired a new stake in Meta Platforms in the 3rd quarter valued at $33,000. Advantage Trust Co acquired a new position in shares of Meta Platforms in the 2nd quarter valued at approximately $28,000. Philadelphia Investment Partners LLC bought a new position in Meta Platforms during the 2nd quarter valued at $32,000. Axiom Investment Management LLC acquired a new position in Meta Platforms in the first quarter worth about $36,000. Finally, Schuylkill Financial LLC acquired a new stake in shares of Meta Platforms during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Price Performance

Shares of Meta Platforms stock opened at $718.67 on Friday. Meta Platforms, Inc. has a twelve month low of $520.26 and a twelve month high of $779.82. The firm has a market cap of $1.83 trillion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.25 and a beta of 1.19. The firm's 50-day simple moving average is $640.98 and its 200-day simple moving average is $620.09. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The firm had revenue of $60.80 billion for 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 company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the business earned $7.14 earnings per share. As a group, research analysts expect that Meta Platforms, Inc. will post 27.94 EPS for the current fiscal year.

Meta Platforms Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on META shares. New Street Research cut their price objective on shares of Meta Platforms from $730.00 to $700.00 and set a "buy" rating on the stock in a research report on Friday, July 31st. HSBC lowered their price objective on shares of Meta Platforms from $905.00 to $830.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Benchmark reaffirmed a "hold" rating on shares of Meta Platforms in a report on Thursday, August 27th. Piper Sandler lifted their price objective on shares of Meta Platforms from $785.00 to $875.00 and gave the stock an "overweight" rating in a research report on Friday, September 25th. Finally, Arete Research increased their price target on shares of Meta Platforms from $735.00 to $806.00 and gave the stock a "buy" rating in a research report on Wednesday, September 16th. Three equities 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 $791.86.

Meta Platforms News Summary

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

• Positive Sentiment: Advertising remains the core bullish argument. Meta’s revenue increased 28% year over year to $60.8 billion in fiscal second-quarter 2026, and micro-drama content is emerging as a potential source of incremental advertising demand. Why Meta is winning the micro drama wars
• Positive Sentiment: Analysts remain constructive on Meta’s AI-driven growth. TD Cowen reaffirmed a Buy rating with an $865 price target, while Wells Fargo sees a path toward a substantially higher valuation if AI improves ad performance and creates new revenue streams. Meta Could Hit $1,000, Says Wells Fargo
• Positive Sentiment: Meta is expanding its AI ecosystem. The company’s Muse agent, enterprise AI platform and AI-enabled smart-glasses strategy could provide new commerce, productivity and hardware opportunities beyond traditional social-media advertising. Meta’s decision to ban ByteDance and TikTok advertising in several markets also intensifies its competitive positioning. Inside Mark Zuckerberg’s Decision to Pull the Trigger on Meta’s A.I. Agent
• Neutral Sentiment: Meta’s AI investment is producing both growth and financial strain. Revenue growth is strong, but free cash flow fell to $784 million from $8.55 billion a year earlier as data-center and AI infrastructure spending surged. Investors need evidence that Muse and other AI projects can eventually generate returns. Meta’s Sales Jumped 28% While Free Cash Flow Shrank
• Negative Sentiment: Muse faces adoption and monetization obstacles. Jefferies found that roughly one-third of tested websites blocked the agent, while Amazon reportedly blocked it, potentially delaying Meta’s plans to earn transaction fees from AI-powered commerce. Analysts also question whether the service can become profitable at scale. Meta’s Muse AI agent blocked by one-third of websites tested
• Negative Sentiment: Regulatory and reputational risks remain a drag. Florida is pursuing restrictions on teen access and infinite-scroll features, while criticism surrounding the film The Social Reckoning and Meta’s handling of harmful AI-generated content could increase scrutiny. A planned-transaction sale by COO Javier Olivan adds a modest insider-selling concern. Meta Stock Falls as Florida Asks a Court to Switch Off Infinite Scroll for Teens

Insider Buying and Selling at Meta Platforms

In related news, CAO Aaron Anderson sold 3,240 shares of the company's stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the sale, the chief accounting officer owned 6,271 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher K. Cox sold 40,000 shares of Meta Platforms stock in a transaction dated 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. This trade represents 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. Insiders have sold a total of 148,222 shares of company stock worth $101,033,627 over the last three months. Company insiders own 13.53% of the company's stock.

Meta Platforms Profile

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.

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