B. Riley Wealth Advisors 13F: Adds $5M to META Stake
B. Riley Wealth Advisors increases its position in Meta Platforms, Inc. as of October 13, 2026.
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B. Riley Wealth Advisors added 6,875 shares to its stake in Meta Platforms, Inc. ($META), an 11.57% increase, according to a 13F filing with the SEC dated October 13, 2026. It reported 66,288 shares worth $48.07 million at the end of the quarter.
Since the filing, $META is down 7.0% to date (from the $762.50 close on Oct 13, 2026).
Find the original: B. Riley Wealth Advisors 13F filings on SEC EDGAR
META
Meta Platforms, Inc.
Key Points
- B. Riley Wealth Advisors boosted its stake in Meta Platforms, Inc. by 11.57%, adding 6,875 shares to hold a total of 66,288 shares valued at about $48.1 million.
- Meta's stock closed at $706.17 on the day of publication, showing significant movement compared to its 52-week low of $520.26.
- Analysts maintain a strong outlook for Meta, with a consensus rating of 'strong buy' and a mean price target of $813.65.
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B. Riley Wealth Advisors boosted its position in Meta Platforms, Inc. (NASDAQ: META) as of its latest 13F filing. The firm added 6,875 shares, increasing its total to 66,288 shares valued at approximately $48.1 million. This reflects an 11.57% increase in their holdings.
B. Riley Wealth Advisors vs. the S&P 500
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What Changed in B. Riley Wealth Advisors' Position
B. Riley Wealth Advisors increased its stake in Meta Platforms, raising the share count from 59,413 to 66,288. This addition shows confidence in the company's prospects, particularly as the stock has been experiencing notable movement.
Other Institutional Activity in Meta Platforms, Inc.
Several other funds have also made adjustments to their positions in Meta. Blackrock Inc. grew its holdings by 4,558,635 shares, bringing its total to 173,396,976 shares worth about $122.5 billion. Vanguard Capital Management LLC added 1,307,627 shares for a total of 143,440,997 shares valued at approximately $101.3 billion. State Street Corporation increased its stake by 3,514,233 shares, reaching 92,033,963 shares valued at around $65.0 billion. Geode Capital Management, LLC added 785,385 shares, totaling 54,949,893 shares worth about $38.8 billion.
Meta Platforms, Inc. Stock Down 4.3%
As of this article's publication on Friday, the stock was trading at $706.17. This price is near its 52-week high of $779.82, which suggests a strong performance relative to its recent trading history.
Recent Earnings
In its most recent quarter, Meta reported revenue of approximately $228.2 billion, with a revenue growth rate of 28%. The earnings per share (EPS) was $26.54, and the company had a net margin of about 29.8%. Meta's next earnings report is expected on October 21, 2026.
Insider Buying and Selling at Meta Platforms, Inc.
Recent insider transactions included Chief Operating Officer Olivan Javier, who sold 1,575 shares on October 12 at an average price of $728.10, totaling about $1.15 million. Javier also sold similar amounts of shares earlier in October. CEO Mark Zuckerberg sold 27,474 shares on September 24, valued at approximately $21.4 million.
Analysts Set New Price Targets
On October 13, 2026, Pivotal Research maintained a 'Buy' rating on Meta with a new price target of $930, up from $790. Truist Securities also kept a 'Buy' rating, increasing its target to $1,000 from $763. Keybanc reiterated its 'Overweight' rating with a target of $900 while Rosenblatt maintained its 'Buy' rating with a target of $886. Cantor Fitzgerald kept its 'Overweight' rating but adjusted the target to $840 from $860.
About Meta Platforms, Inc.
Meta Platforms, Inc. develops products that allow people to connect and share through mobile devices, computers, and virtual reality. The company operates through its Family of Apps and Reality Labs segments and is headquartered in Menlo Park, California. Meta continues to show strong growth in both revenue and market interest.
Bottom Line
Investors should watch for Meta's next earnings report on October 21, 2026, as well as any further filings from B. Riley Wealth Advisors. This filing represents a snapshot of holdings as of the reporting period and may not reflect current positions.
Related Filing Alerts
Source: B. Riley Wealth Advisors's 13F filing on $META (Oct 13, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: B. Riley Wealth Advisors 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts