Flagship Harbor Advisors 13F: Cuts META Stake by $2.1M
Key Points
- Flagship Harbor Advisors now holds 17,956 shares of Meta, down from 20,920 shares, reflecting a 14.2% decrease in its position.
- The stock recently traded around $630.47, which is about equal to its closing price of $630.56 on October 26, 2026.
- Analysts maintain a strong buy consensus on Meta, with a mean price target of $845.50, indicating room for growth from current levels.
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On October 26, 2026, Flagship Harbor Advisors cut its stake in Meta Platforms, Inc. (META) by 2,964 shares, bringing its total to 17,956 shares valued at approximately $13.02 million. This information comes from the fund's latest Form 13F filing with the SEC.
The reduction in shares represents a 14.2% decrease in its position. The fund now holds 2.73% of its reported value in Meta, ranking 9th among its 768 holdings.
META
Meta Platforms, Inc.
Where Meta Fits in Flagship Harbor Advisors' Portfolio
Flagship Harbor Advisors has reduced its position significantly, with this cut equating to a decrease of about 2.73% of its overall portfolio. The estimated gain or loss versus cost wasn't reported, but the current market dynamics suggest a careful approach from the fund.
Meta Platforms, Inc. Stock Down 1.9%
Meta shares recently traded around $630.47, which is about equal to its closing price of $630.56 on October 26, 2026. The stock is currently below its 50-day moving average of $664.63 and its 200-day moving average of $632.45, indicating a challenging market position.
Recent Earnings
In its most recent earnings report, Meta Platforms, Inc. reported revenue of approximately $241.6 billion and an earnings per share (EPS) of $29.31. The next earnings report is scheduled for January 27, 2027.
Dividend
Meta pays an annual dividend of $2.10 per share, which gives it a yield of about 0.33%. This is a steady return for investors amid fluctuating stock prices.
Insider Buying and Selling at Meta Platforms, Inc.
Several recent insider transactions show activity from Chief Operating Officer Javier Olivan, who sold 1,575 shares on multiple occasions throughout October, with the most recent sale occurring on October 19, 2026. The total value of these sales amounted to over $4.5 million.
Analysts Set New Price Targets
On October 22, 2026, several firms maintained their ratings on Meta, with UBS holding a Buy rating and a target of $892, while Citigroup also maintained a Buy rating with a target of $905. The consensus among analysts remains strong, indicating confidence in Meta's future performance.
About Meta Platforms, Inc.
Meta Platforms, Inc. focuses on connecting people through its apps and services, including social media and virtual reality products. This recent stake reduction by Flagship Harbor Advisors comes as the stock trades below its historical averages, suggesting a strategic adjustment amid current market conditions.
Bottom Line
Investors should monitor Meta's upcoming earnings report on January 27, 2027, for insights into its performance. With analysts still holding a strong buy consensus, the outlook remains favorable despite recent trading challenges.
Related Filing Alerts
Source: Flagship Harbor Advisors's 13F filing on $META (Oct 26, 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