AlphaStar Capital Management 13F: Adds $644K to META Stake
Key Points
- AlphaStar Capital Management increased its holdings in Meta Platforms, Inc. by 6.3% to 14,901 shares, worth about $10.8 million, according to an October 16, 2026 SEC filing.
- Meta Platforms trades near $704.95, sitting comfortably above its 50-day moving average of $649.89 while heading into its October 21, 2026 earnings report.
- Wall Street maintains a strong buy consensus on the stock, backed by 58 analyst opinions and an average price target of $813.65.
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AlphaStar Capital Management boosted its stake in Meta Platforms, Inc. META by 888 shares to a total of 14,901 shares, according to a Form 13F filing on October 16, 2026. The reported value of the position stood at about $10.8 million.
META
Meta Platforms, Inc.
AlphaStar Capital Management vs. the S&P 500
Hypothetical returns from AlphaStar Capital Management's disclosed trades, not real profit or advice. How we model this.
What Changed in AlphaStar Capital Management's Meta Platforms Position
The fund grew its investment by 6.3% during the period, adding to its existing holdings of 14,013 shares. Meta Platforms closed at $709.33 on the October 16, 2026 filing date.
Other Institutional Activity in Meta Platforms
Other large investors adjusted their positions around the same time. Banque Pictet & Cie grew its holdings by 36,133 shares, ending with 380,037 shares worth about $275.6 million. Financial Synergies Wealth Advisors added a position of 765 shares worth about $554,861.
Meta Platforms, Inc. Stock Down 0.6%
Meta Platforms recently traded around $704.95 as of October 20, 2026, down about 0.6% from its event-close price. The stock trades above its 50-day moving average of $649.89 and sits 35.5% above its 52-week low of $520.26.
Recent Earnings
Meta Platforms generated trailing-twelve-month revenue of $228.2 billion alongside $26.54 in earnings per share. The company posted a net margin of 29.8% and a return on equity of 29.8%, with the next earnings update scheduled for October 21, 2026.
Dividend
The company maintains a dividend payout ratio of 7.9% with a dividend yield of 0.29%.
Insider Buying and Selling at Meta Platforms, Inc.
Chief Executive Officer Mark Zuckerberg sold 27,474 shares on September 24, 2026, for a total value of $21.4 million. Chief Operating Officer Javier Olivan sold 1,575 shares on September 28, 2026, worth $1.2 million, followed by sales of 1,575 shares on October 5, 2026, at an average price of $728.08, and another 1,575 shares on October 12, 2026, at $728.10.
Analysts Set New Price Targets
Cantor Fitzgerald maintained an Overweight rating on October 12, 2026, adjusting its price target to $840.00 from $860.00. Pivotal Research kept a Buy rating on October 13, 2026, raising its target to $930.00 from $790.00. Truist Securities maintained a Buy rating on October 13, 2026, lifting its target to $1,000.00 from $763.00. Keybanc reiterated an Overweight rating on October 13, 2026, with a $900.00 target, while Rosenblatt kept a Buy rating on the same day at $886.00. Overall, the stock carries a strong buy recommendation from 58 analysts.
About Meta Platforms
Meta Platforms builds social apps and hardware that help people stay in touch across mobile devices, computers, virtual reality headsets, and smart glasses. The business operates through its core Family of Apps and its Reality Labs division, connecting billions of users worldwide while investing heavily in digital infrastructure and artificial intelligence.
Bottom Line
Investors will look closely at Meta Platforms' upcoming earnings release on October 21, 2026, to gauge ongoing revenue growth and profitability trends across its digital advertising and reality hardware segments.
Related Filing Alerts
Source: AlphaStar Capital Management's 13F filing on $META (Oct 16, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts