South Shore Capital Advisors Purchases Shares of 3,618 Meta Platforms, Inc. $META
April 15, 2026
South Shore Capital Advisors purchased a new stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,618 shares of the social networking company’s stock, valued at approximately $2,388,000. Meta Platforms accounts for about 1.7% of South Shore Capital Advisors’ investment portfolio, making the stock its 17th largest position.
A number of other hedge funds have also recently bought and sold shares of META. Goldstone Financial Group LLC raised its stake in shares of Meta Platforms by 44.4% in 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 buying an additional 1,153 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in shares of Meta Platforms by 34.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 52,252 shares of the social networking company’s stock valued at $38,373,000 after buying an additional 13,311 shares in the last quarter. Becker Capital Management Inc. raised its stake 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 valued at $25,741,000 after buying an additional 1,657 shares in the last quarter. Diversified Trust Co. raised its stake 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 valued at $55,487,000 after buying an additional 3,336 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC raised 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 buying an additional 968 shares in the last quarter. 79.91% of the stock is owned by institutional investors.
Meta Platforms Trading Up 4.4%
Shares of Meta Platforms stock opened at $662.36 on Wednesday. The stock has a market capitalization of $1.68 trillion, a P/E ratio of 28.19, a price-to-earnings-growth ratio of 0.98 and a beta of 1.31. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. The company has a 50-day simple moving average of $626.76 and a 200 day simple moving average of $651.90. Meta Platforms, Inc. has a 12-month low of $479.80 and a 12-month high of $796.25.
Meta Platforms (NASDAQ:META – Get Free Report) last announced its earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The business had revenue of $59.89 billion during the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the company posted $8.02 EPS. Research analysts expect that Meta Platforms, Inc. will post 26.7 earnings per share for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Monday, March 16th were given 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 dividend payout ratio (DPR) is presently 8.94%.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on META shares. Robert W. Baird increased their price objective on shares of Meta Platforms from $815.00 to $830.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Meta Platforms in a research report on Friday, March 27th. TD Cowen reiterated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, January 13th. Finally, 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 research report on Wednesday, March 18th. Four analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $837.72.
View Our Latest Stock Analysis on META
Insider Buying and Selling at Meta Platforms
In other Meta Platforms news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $605.38, for a total value of $560,581.88. Following the completion of the sale, the chief operating officer owned 13,335 shares in the company, valued at approximately $8,072,742.30. This trade represents a 6.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $2,797,952.54. The trade was a 11.58% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 160,414 shares of company stock worth $102,659,925. 13.61% of the stock is currently owned by corporate insiders.
Meta Platforms News Summary
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta struck a multi‑year strategic deal with Broadcom to support its in‑house MTIA (training & inference) chips and committed to a large-scale (multi‑gigawatt / one‑gigawatt) infrastructure rollout through 2029 — a major capex and AI-infrastructure win that de‑risks Meta’s chip roadmap and supports long‑term AI margin leverage. Meta inks deal with Broadcom for custom AI chips
- Positive Sentiment: Industry data (eMarketer/WSJ coverage) projects Meta will overtake Google as the world’s largest digital‑ad seller this year — a bullish revenue narrative that supports higher ad monetization expectations heading into Q1 results. Meta poised surpass Google in digital ad revenue
- Positive Sentiment: Prominent investors and some sell‑side coverage continue to back Meta as a growth name (Bank of America, Philippe Laffont mentions, Bill Ackman interest), which can attract flows and support multiple expansion versus peers. Wall Street Firms Assert Meta as a Top Growth Stock
- Neutral Sentiment: Meta scheduled its Q1 2026 earnings release for April 29 — a near‑term catalyst where ad growth and AI spend commentary could move the stock materially. Meta to Announce First Quarter 2026 Results
- Neutral Sentiment: Several analysts trimmed price targets (Stifel, Wolfe Research) but maintained constructive ratings — modest recalibration rather than a broad sell‑signal; watch revisions after the April earnings print. Stifel target cut on META
- Neutral Sentiment: Company disclosed upcoming board changes (including director Hock E. Tan), which investors will monitor for governance and potential conflicts related to the Broadcom relationship. Meta Platforms Announces Upcoming Board of Directors Changes
- Negative Sentiment: An Italian court approved a class action over Facebook data scraping in Italy, exposing Meta to potential damages, legal costs and reputational risk in Europe. Italy court allows class action against Meta
- Negative Sentiment: Regulatory pressure persists — the Philippines ordered Meta to tighten measures against “panic‑inducing” fake news, and other jurisdictions’ scrutiny of platform content and scams could weigh on operations and compliance costs. Philippines Orders Meta to Tighten Measures
- Negative Sentiment: Internal AI experiments (e.g., a photorealistic AI likeness of Mark Zuckerberg for employees) have drawn critical press and could pose short‑term PR/reputational headwinds. Meta builds AI replica of Zuckerberg
Meta Platforms Profile
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.
See Also
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