Pinnacle Wealth Management Advisory Group 13F: Adds $909K to META Stake

Pinnacle Wealth Management Advisory Group lifted its position in Meta Platforms, Inc. META during the third quarter, according to a Form 13F filed with the SEC on October 23, 2026. The firm acquired 1,253 additional shares, growing its stake by 6.58% to reach a total of 20,285 shares valued at $14,709,980.

META Meta Platforms, Inc.

$648.85 ▲ +0.02% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Pinnacle Wealth Management's Meta Platforms Position

The fund expanded its investment in the technology giant from its previous level of 19,032 shares. The reported value of the holding reached nearly $14.71 million by the end of the filing period.

Other Institutional Activity in Meta Platforms

Other institutional investors adjusted their positions in Meta Platforms around the same reporting period. Sepio Capital reduced its holdings by 4,324 shares, ending with 3,1070 shares worth about $22,531,973. Royal Fund Management cut its stake by 3,425 shares, leaving it with 10,492 shares valued at about $7,609,053. Brookstone Capital Management grew its holdings by 9,403 shares, ending with 117,715 shares worth about $85,364,819. Howland Capital Management trimmed its position by 6,385 shares, holding 92,817 shares valued at about $67,309,047. Meanwhile, BSN CAPITAL PARTNERS picked up a new stake of 150,000 shares worth about $111,615,000.

Meta Platforms, Inc. Stock Down 7.9%

Shares of Meta Platforms recently traded around $642.30 as of October 24, 2026, roughly equal to the closing price of $642.62 recorded on the filing date. The stock trades above its 200-day moving average of $632.56, though it remains below its 50-day moving average of $662.86 and well under its 52-week high of $779.82.

Recent Earnings

Meta Platforms generated $241,605,001,216 in trailing twelve month revenue alongside an earnings per share total of $29.31. The company posted a net profit margin of 31.1% and a return on equity of 32.3%. The next corporate earnings release is scheduled for January 27, 2027.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, which translates to a dividend yield of 0.32%. The company allocates 7.9% of its earnings toward dividend payouts.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan executed a series of four share sales ahead of the filing date. On September 28, 2026, Olivan sold 1,575 shares valued at $1,180,966. He subsequently sold another 1,575 shares on October 5, 2026, at an average price of $728.08 for a total value of $1,146,726. A third sale on October 12, 2026, disposed of 1,575 shares at $728.10 apiece, totaling $1,146,758. Finally, Olivan sold 1,575 shares on October 19, 2026, at a price of $707.20, generating $1,113,840.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on Meta Platforms prior to the filing. UBS maintained a buy rating while lifting its price target from $884.00 to $892.00 on October 22, 2026. Citigroup maintained a buy rating and raised its target from $895.00 to $905.00 on the same day. DA Davidson kept a buy rating while boosting its target from $700.00 to $800.00. BMO Capital maintained a market perform rating with a target raised from $580.00 to $685.00. Evercore ISI Group kept an outperform rating while moving its target from $860.00 to $870.00. Overall, the stock holds a consensus strong buy rating across 58 analyst opinions.

About Meta Platforms

Meta Platforms operates digital applications and virtual reality hardware that let people connect through mobile phones, personal computers, and headsets. The company organizes its operations across its Family of Apps and Reality Labs segments, anchoring its business in online social networking and advertising.

Bottom Line

Institutional adjustments and insider transactions continue to shape trading activity as investors watch for the upcoming earnings report in January 2027. Market participants will monitor subsequent regulatory filings to track how major funds manage their holdings.