Meta Platforms, Inc. $META Shares Bought by Biltmore Family Office LLC

Posted by Mitch Edgeman on Feb 3rd, 2026

Biltmore Family Office LLC raised its holdings in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 247.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,537 shares of the social networking company’s stock after purchasing an additional 8,216 shares during the period. Meta Platforms comprises 1.2% of Biltmore Family Office LLC’s holdings, making the stock its 11th largest position. Biltmore Family Office LLC’s holdings in Meta Platforms were worth $8,472,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in META. Vanguard Group Inc. increased its stake in shares of Meta Platforms by 0.8% during the second quarter. Vanguard Group Inc. now owns 192,591,101 shares of the social networking company’s stock worth $142,149,566,000 after purchasing an additional 1,532,568 shares in the last quarter. State Street Corp boosted its holdings in Meta Platforms by 1.9% in the 2nd quarter. State Street Corp now owns 86,925,674 shares of the social networking company’s stock worth $64,158,971,000 after buying an additional 1,650,435 shares during the last quarter. Geode Capital Management LLC increased its stake in Meta Platforms by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 51,575,209 shares of the social networking company’s stock worth $37,902,948,000 after buying an additional 682,768 shares in the last quarter. Norges Bank acquired a new position in shares of Meta Platforms during the second quarter valued at approximately $23,155,393,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Meta Platforms by 1.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 14,489,621 shares of the social networking company’s stock valued at $10,694,644,000 after acquiring an additional 262,550 shares in the last quarter. 79.91% of the stock is owned by institutional investors and hedge funds.

Meta Platforms Stock Performance

Meta Platforms stock opened at $706.41 on Tuesday. The firm has a 50 day simple moving average of $653.93 and a 200-day simple moving average of $696.00. The stock has a market cap of $1.78 trillion, a price-to-earnings ratio of 30.06, a price-to-earnings-growth ratio of 1.36 and a beta of 1.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating 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 firm’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, analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current year.

Meta Platforms Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. Meta Platforms’s dividend payout ratio is currently 8.94%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on META. Sanford C. Bernstein reiterated an “outperform” rating and set a $900.00 price target (up from $870.00) on shares of Meta Platforms in a research report on Thursday. Wall Street Zen cut shares of Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Bank of America raised their price target on shares of Meta Platforms from $810.00 to $885.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Rothschild & Co Redburn raised shares of Meta Platforms from a “neutral” rating to a “buy” rating and upped their price objective for the company from $740.00 to $900.00 in a research note on Monday, January 26th. Finally, Rothschild Redb raised shares of Meta Platforms from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 26th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $848.50.

Read Our Latest Stock Analysis on META

Insider Buying and Selling

In other Meta Platforms news, insider Jennifer Newstead sold 519 shares of the company’s stock in a transaction dated Tuesday, December 30th. The shares were sold at an average price of $658.69, for a total value of $341,860.11. Following the transaction, the insider owned 28,658 shares of the company’s stock, valued at $18,876,738.02. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $618.28, for a total transaction of $358,602.40. Following the sale, the director owned 5,587 shares of the company’s stock, valued at approximately $3,454,330.36. This represents a 9.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 39,077 shares of company stock valued at $23,955,958. 13.61% of the stock is currently owned by insiders.

Trending Headlines about Meta Platforms

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

Positive Sentiment: Company guided to ~30% revenue growth for Q1 (its fastest growth guide since 2021), reinforcing confidence in ad recovery and AI-driven monetization. Meta Platforms Posted Its Fastest Growth Guide in Years—Now What?
Positive Sentiment: Q4 results widely characterized as a “grand slam”: revenue and EPS beat, strong ad margins and signs that AI is boosting impressions and engagement. That underpins buy-side enthusiasm. Meta Platforms: Pounding The Table After A ‘Grand Slam’ Quarter
Positive Sentiment: Multiple analysts raised price targets and reiterated bullish ratings (Cantor Fitzgerald, Argus, Barclays and others), lifting consensus targets and fueling conviction that upside remains. Cantor Fitzgerald Hikes Price Target on Meta Platforms
Positive Sentiment: Analysts and outlets highlight that Meta’s AI investments are already improving advertising efficiency and sales momentum — a core driver of near-term profit growth. Meta’s Ad Engine Powers Growth Despite Soaring Costs: Analyst
Positive Sentiment: Macro/strategic narratives: Meta is being picked by some outlets as a top Magnificent Seven buy for 2026 on its scale, growth trajectory and AI positioning. Meta Emerges as Top Pick Among Magnificent Seven Stocks for 2026
Neutral Sentiment: Speculative upside stories are circulating (talk of $1,000+ targets), which can boost momentum but are not consensus. Could Meta Platforms Stock Hit $1,000 in 2026?
Neutral Sentiment: Some firms maintained Hold/Neutral stances even while many raised targets — a reminder not all analysts are uniformly bullish. Needham Hold Rating Reiterated
Negative Sentiment: Huge planned AI/datacenter capex (discussed across coverage) raises near-term free‑cash‑flow and execution risk; some investors worry the spending pace could pressure margins and returns. Meta Platforms’ $135 Billion Bet Makes Complete Sense
Negative Sentiment: Legal and product risks: a patent lawsuit targeting Meta’s smart-glasses efforts and a trial in New Mexico add headline risk that could dent sentiment if judgments or injunctions occur. Patent Lawsuit Tests Meta Smart Glasses Meta on trial: Jury selection to begin in Santa Fe

Meta Platforms 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.