Balboa Wealth Partners Increases Stake in Meta Platforms, Inc. $META

April 10, 2026

Balboa Wealth Partners raised its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 20.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,891 shares of the social networking company’s stock after acquiring an additional 3,037 shares during the quarter. Meta Platforms comprises 2.0% of Balboa Wealth Partners’ portfolio, making the stock its 10th largest position. Balboa Wealth Partners’ holdings in Meta Platforms were worth $11,810,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of META. State Street Corp boosted its stake in Meta Platforms by 1.9% in the second quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock valued at $64,158,971,000 after acquiring an additional 1,650,435 shares during the last quarter. Danske Bank A S bought a new position in Meta Platforms in the third quarter valued at approximately $1,191,175,000. Concentrum Wealth Management boosted its stake in Meta Platforms by 948.7% in the third quarter. Concentrum Wealth Management now owns 1,243,577 shares of the social networking company’s stock valued at $913,000 after acquiring an additional 1,124,998 shares during the last quarter. Corient Private Wealth LLC boosted its stake in Meta Platforms by 103.5% in the second quarter. Corient Private Wealth LLC now owns 1,998,624 shares of the social networking company’s stock valued at $1,475,166,000 after acquiring an additional 1,016,667 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Meta Platforms by 209.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 430,434 shares of the social networking company’s stock valued at $314,340,000 after acquiring an additional 824,276 shares during the last quarter. 79.91% of the stock is owned by institutional investors.

Meta Platforms Stock Up 2.6%

Shares of META stock opened at $628.39 on Friday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms, Inc. has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s fifty day moving average price is $630.52 and its two-hundred day moving average price is $655.68. The firm has a market capitalization of $1.59 trillion, a P/E ratio of 26.74, a PEG ratio of 0.95 and a beta of 1.31.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same period in the previous year, the business earned $8.02 EPS. The company’s revenue was up 23.8% compared to the same quarter last year. On average, equities analysts predict that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Monday, March 16th. Meta Platforms’s payout ratio is presently 8.94%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 926 shares of Meta Platforms stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the sale, the chief operating officer directly owned 13,335 shares in the company, valued at approximately $8,072,742.30. The trade was a 6.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction on Monday, March 16th. The shares were sold at an average price of $632.02, for a total transaction of $366,571.60. Following the completion of the sale, the director owned 4,427 shares in the company, valued at $2,797,952.54. The trade was a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 160,931 shares of company stock worth $102,997,526. Insiders own 13.61% of the company’s stock.

Meta Platforms News Roundup

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

Positive Sentiment: Muse Spark AI model rollout: Meta unveiled Muse Spark, the first major model from its Superintelligence Labs — investors view this as a credible restart of Meta’s AI push and a catalyst for future ad, commerce and AI-product revenue. Reuters: Meta unveils first AI model
Positive Sentiment: Major CoreWeave capacity deal: Meta expanded its AI cloud agreement with CoreWeave (~$21B through 2032), securing large-scale GPU capacity for model training and deployment — supports aggressive AI roadmaps and explains investor enthusiasm for long-term AI leadership. Reuters: CoreWeave $21B deal
Positive Sentiment: Commerce and payments partnerships: New integrations (e.g., PayPal on Facebook shopping) and AI-powered commerce tools increase monetization paths beyond feed ads, bolstering revenue upside expectations. TipRanks: PayPal deal
Neutral Sentiment: Analyst moves mixed: Some firms reaffirmed buy/overweight stances and high price targets while a few trimmed targets (KeyCorp, Rosenblatt adjustments) — sentiment remains broadly bullish but with divergent near-term views. Benzinga: analyst updates
Neutral Sentiment: Internal reorg toward AI tooling: Meta is reallocating top engineers into a new AI tooling organization ahead of layoffs — this signals concentrated investment in AI infrastructure but also short-term disruption and workforce churn. Reuters: Meta transfers top engineers
Negative Sentiment: Ongoing litigation and ad removals: Meta is pulling ads that recruited plaintiffs for social-media-addiction lawsuits — a move that reduces PR/legal optics risk but underscores persistent legal exposure and recent unfavorable trial outcomes. Reuters: Meta pulls plaintiff-recruiting ads

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Mizuho raised their price objective on shares of Meta Platforms from $815.00 to $850.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. UBS Group reaffirmed a “buy” rating and issued a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. BMO Capital Markets raised their price objective on shares of Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a research note on Thursday, January 29th. Tigress Financial increased their target price on shares of Meta Platforms from $935.00 to $945.00 and gave the stock a “strong-buy” rating in a report on Wednesday, March 18th. Finally, Robert W. Baird lifted their price target on shares of Meta Platforms from $815.00 to $830.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average price target of $839.13.

View Our Latest Research Report on Meta Platforms

About Meta Platforms

(Free Report)

Meta Platforms, Inc NASDAQ: META, formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.