Burney Co. Raises Holdings in Meta Platforms, Inc. $META

April 21, 2026

Burney Co. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 10.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 86,139 shares of the social networking company’s stock after buying an additional 8,272 shares during the period. Meta Platforms accounts for 1.8% of Burney Co.’s portfolio, making the stock its 7th biggest position. Burney Co.’s holdings in Meta Platforms were worth $56,860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goldstone Financial Group LLC boosted its position in Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company’s stock valued at $2,756,000 after acquiring an additional 1,153 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its holdings in shares of Meta Platforms by 34.2% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock worth $38,373,000 after acquiring an additional 13,311 shares during the period. Becker Capital Management Inc. raised its position in shares of Meta Platforms by 5.0% in the 3rd quarter. Becker Capital Management Inc. now owns 35,052 shares of the social networking company’s stock worth $25,741,000 after acquiring an additional 1,657 shares in the last quarter. Diversified Trust Co. raised its position in shares of Meta Platforms by 4.1% in the 4th quarter. Diversified Trust Co. now owns 84,059 shares of the social networking company’s stock worth $55,487,000 after acquiring an additional 3,336 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC lifted its stake in shares of Meta Platforms by 16.2% in the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 6,933 shares of the social networking company’s stock valued at $5,091,000 after purchasing an additional 968 shares during the period. Institutional investors own 79.91% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on META shares. Guggenheim lifted their price target on Meta Platforms from $800.00 to $850.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $860.00 price objective (up from $750.00) on shares of Meta Platforms in a research report on Thursday, January 29th. BMO Capital Markets boosted their target price on shares of Meta Platforms from $710.00 to $730.00 and gave the company a “market perform” rating in a report on Thursday, January 29th. Piper Sandler upped their target price on shares of Meta Platforms from $840.00 to $880.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Finally, KeyCorp decreased their price target on shares of Meta Platforms from $855.00 to $760.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Four research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $836.30.

Get Our Latest Analysis on Meta Platforms

Meta Platforms News Summary

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

Positive Sentiment: Meta expanded its AI infrastructure strategy by partnering with Broadcom to develop custom AI chips, a move investors view as reducing dependence on NVIDIA and potentially lowering long‑term AI costs. The Meta‑Broadcom AI Chip Deal
Positive Sentiment: Performance divergence vs. Alphabet highlights Meta’s stronger recent investor returns and market leadership in ad recovery and AI monetization, supporting a bullish narrative on share appreciation. Meta vs. Alphabet: One Just Handed Investors a 40% Return
Positive Sentiment: Analysts continue to call Meta a momentum buy after strong app metrics and downloads; Barclays reaffirmed a Buy and other outlets highlight long‑term momentum, which helps underpin demand for the shares. Meta Gets Analyst Approval After Record App Downloads
Neutral Sentiment: Bank of America trimmed its price target to $820 from $885 but kept a Buy rating — a modest downgrade to upside while signaling confidence in Meta’s ad and AI positioning. BofA Trims Meta Price Target to $820
Neutral Sentiment: Multiple pre‑earnings writeups and fund‑level analyses (Rowan Street Capital, InsiderMonkey pieces) are increasing investor attention ahead of results — this raises volatility but not a clear directional signal. Rowan Street Capital’s Analysis on Meta
Negative Sentiment: Meta is preparing a large round of layoffs beginning May 20 (reported as ~10% of headcount), which signals cost pressure from rising AI infrastructure spending and raises near‑term execution risks and employee disruption. Meta Prepares for “May 20” Layoffs
Negative Sentiment: An SEC filing shows a Meta director sold about $386,860 in stock; insider sales can create short‑term selling pressure or signal portfolio rebalancing concerns. Director Sells $386,860 in Stock
Negative Sentiment: Competition is intensifying as Apple tests AI‑powered smart glasses — a credible rival in the AR hardware race that could pressure future device monetization. How Apple Plans to Compete with Meta In Smart Glasses

Insider Transactions at Meta Platforms

In other news, Director Robert M. Kimmitt sold 580 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $667.00, for a total transaction of $386,860.00. Following the sale, the director owned 3,847 shares in the company, valued at $2,565,949. This represents a 13.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 2,778 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the sale, the chief operating officer directly owned 10,557 shares of the company’s stock, valued at $6,645,103.65. This trade represents a 20.83% 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. Over the last 90 days, insiders have sold 164,562 shares of company stock valued at $105,310,238. 13.61% of the stock is owned by company insiders.

Meta Platforms Stock Down 2.6%

Shares of NASDAQ:META opened at $670.91 on Tuesday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. The stock has a fifty day simple moving average of $627.36 and a two-hundred day simple moving average of $650.39. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25. The stock has a market capitalization of $1.70 trillion, a price-to-earnings ratio of 28.55, a PEG ratio of 1.12 and a beta of 1.31.

Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The firm had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the firm posted $8.02 earnings per share. On average, research analysts anticipate that Meta Platforms, Inc. will post 29.83 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, March 16th. Meta Platforms’s dividend payout ratio is 8.94%.

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.