BNB Wealth Management LLC Purchases New Position in Meta Platforms, Inc. $META

Posted by Jessica Moore on Jun 18th, 2026

BNB Wealth Management LLC acquired a new stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,932 shares of the social networking company’s stock, valued at approximately $1,936,000. Meta Platforms comprises approximately 1.2% of BNB Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors have also recently bought and sold shares of META. First National Bank Sioux Falls increased its holdings in Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after purchasing an additional 14 shares during the last quarter. Levin Capital Strategies L.P. boosted its position in shares of Meta Platforms by 1.4% during the fourth quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after buying an additional 14 shares during the period. Vista Capital Partners Inc. boosted its position in shares of Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock worth $794,000 after buying an additional 14 shares during the period. Arcataur Capital Management LLC boosted its position in shares of Meta Platforms by 0.9% during the fourth quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock worth $1,146,000 after buying an additional 15 shares during the period. Finally, Acorn Creek Capital LLC boosted its position in Meta Platforms by 0.7% during the fourth quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after purchasing an additional 15 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Meta Platforms Price Performance

Meta Platforms stock opened at $567.58 on Thursday. The stock’s fifty day moving average price is $621.93 and its two-hundred day moving average price is $635.05. The firm has a market cap of $1.44 trillion, a PE ratio of 20.63, a price-to-earnings-growth ratio of 1.06 and a beta of 1.23. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35.

Meta Platforms (NASDAQ:META – Get Free Report) last issued its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company’s revenue was up 33.1% compared to the same quarter last year. During the same quarter last year, the business posted $6.43 EPS. As a group, research analysts expect that Meta Platforms, Inc. will post 29.35 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is currently 7.63%.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, COO Javier Olivan sold 140 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $600.00, for a total value of $84,000.00. Following the sale, the chief operating officer owned 12,846 shares of the company’s stock, valued at approximately $7,707,600. This trade represents a 1.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Curtis J. Mahoney sold 2,079 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $609.92, for a total value of $1,268,023.68. Following the completion of the sale, the insider directly owned 1,118 shares in the company, valued at approximately $681,890.56. This represents a 65.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 40,568 shares of company stock valued at $25,057,365. 13.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on META shares. Piper Sandler initiated coverage on shares of Meta Platforms in a research note on Tuesday, June 2nd. They issued an “overweight” rating for the company. Wedbush raised Meta Platforms from an “outperform” rating to a “neutral” rating in a research report on Tuesday, June 2nd. Tigress Financial raised their price objective on Meta Platforms from $935.00 to $945.00 and gave the company a “strong-buy” rating in a research report on Wednesday, March 18th. Roth Mkm reaffirmed a “buy” rating on shares of Meta Platforms in a research report on Thursday, April 30th. Finally, Wolfe Research cut their price objective on Meta Platforms from $850.00 to $800.00 and set an “outperform” rating for the company in a research report on Friday, April 10th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Meta Platforms has an average rating of “Moderate Buy” and a consensus price target of $840.60.

Check Out Our Latest Stock Analysis on Meta Platforms

Key Headlines Impacting Meta Platforms

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

Positive Sentiment: Meta said Threads has reached 500 million monthly active users, while new community features and feed controls could improve engagement and strengthen the long-term value of its social platform. Reuters: Meta’s Threads reaches 500 million monthly users, rolls out new features
Positive Sentiment: Meta rolled out AI search and creative tools across Facebook, which analysts say could open a new monetization opportunity and support future ad growth. Proactive Investors: Meta introduces AI search and creative tools, Bank of America flags emerging monetization opportunity
Positive Sentiment: Bank of America reiterated a Buy view on Meta, citing AI strategy as a key growth catalyst, which may help support investor confidence in the company’s long-term earnings potential. Insider Monkey: BofA reiterates Buy rating on Meta Platforms
Neutral Sentiment: Meta is expected to pay its next quarterly dividend next week, a routine shareholder return that is supportive but unlikely to be a major near-term stock driver. Finbold: Meta to pay dividends next week
Negative Sentiment: Reuters reported that a Meta executive overseeing part of the company’s AI-for-work restructuring is leaving, adding to concerns about execution during a major AI transition. Reuters: Meta head of product for ‘AI for work’ transformation is leaving company
Negative Sentiment: Two SEC filings showed COO Javier Olivan sold shares under a pre-arranged 10b5-1 plan, which can still weigh on sentiment even though the sales were scheduled. SEC filing for Javier Olivan transaction
Negative Sentiment: Recent commentary has also focused on Meta’s heavy AI spending, Reality Labs losses, and valuation concerns, reinforcing fears that profit growth could slow if investment remains elevated. Zacks: Meta Platforms is Overvalued at 5.5X PS

Meta Platforms Company Profile

(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.