Brookstone Capital Management 13F: Adds $6.8M to META Stake

Brookstone Capital Management lifted its stake in Meta Platforms, Inc. META during the third quarter, adding 9,403 shares to bring its total investment to 117,715 shares. According to its Form 13F filing with the SEC on October 22, 2026, the updated holding carried a reported value of $85,364,819. The position grew by an 8.68% margin compared to the previous quarter.

META Meta Platforms, Inc.

$697.52 ▲ +7.52% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Brookstone Capital Management's Meta Platforms, Inc. Position

The firm expanded its footprint in the tech company from its earlier count of 108,312 shares up to 117,715 shares. Meta Platforms, Inc. closed at $697.52 on the filing date of October 22, 2026. This quarterly update highlights portfolio adjustments made across institutional asset managers during the period.

Other Institutional Activity in Meta Platforms, Inc.

Other fund managers also adjusted their exposure to Meta Platforms, Inc. around the same filing date. True North Advisors trimmed its holdings by 14.6%, selling 2,569 shares to finish with 15,062 shares worth about $10,923,014. Midwest Trust grew its holdings by 36,154 shares, ending with 206,830 shares worth about $149,989,045, marking a 21.2% increase. Perigon Wealth Management cut its position by 6.7%, shedding 5,049 shares to finish with 70,254 shares valued at $50,947,288. Oriental Harbor Investment Master Fund grew its holdings by 16,133 shares, ending with 16,374 shares worth about $11,874,097, a 6,694.2% change. Sepio Capital reduced its stake by 12.2%, dropping 4,324 shares to finish with 31,070 shares valued at $22,531,973.

Meta Platforms, Inc. Stock Down 6.5%

Meta Platforms, Inc. recently traded around $648.91 as of October 23, 2026, sitting 7.0% below its closing price on the filing date. The stock trades above its 200-day moving average and below its 50-day moving average.

Recent Earnings

Meta Platforms, Inc. generated trailing-twelve-month revenue of $228,246,994,944 alongside basic earnings of $29.31 per share. The company reported a net profit margin of 29.8% and a return on equity of 29.8%.

Dividend

Meta Platforms, Inc. pays an annual dividend rate of $2.10 per share, yielding 0.3% with a payout ratio of 7.9%.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed multiple transactions ahead of the filing. On September 28, 2026, he disposed of 1,575 shares valued at $1,180,966. Later, on October 5, 2026, Olivan sold 1,575 shares at an average price of $728.08 for a total value of $1,146,726. On October 12, 2026, he parted with another 1,575 shares at an average price of $728.10 totaling $1,146,758. On October 19, 2026, Olivan sold 1,575 shares at an average price of $707.20 for a total value of $1,113,840.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on October 22, 2026. UBS maintained a Buy rating while lifting its target to $892.00 from $884.00. Citigroup kept a Buy rating and raised its target from $895.00 to $905.00. DA Davidson maintained a Buy rating, raising its target from $700.00 to $800.00. BMO Capital kept a Market Perform rating while moving its target from $580.00 to $685.00. Evercore ISI Group maintained an Outperform rating, lifting its target to $870.00 from $860.00. Across 58 analyst opinions, the stock holds a consensus strong buy recommendation with a mean price target of $817.87.

About Meta Platforms, Inc.

Meta Platforms, Inc. builds applications and technologies that allow people to connect globally through mobile devices, personal computers, virtual reality headsets, and wearable devices. Its operations span the Family of Apps and Reality Labs divisions, covering social media platforms and hardware development.

Bottom Line

Institutional investors continue to fine-tune their positions in Meta Platforms, Inc. while insiders carry out regular share dispositions. Market watchers can follow upcoming SEC filings and financial reports to track how institutional ownership evolves through future quarters.