Royal Fund Management 13F: Cuts META Stake by $2.5M

Royal Fund Management cut its position in Meta Platforms, Inc. META during the third quarter, lowering its stake by 3,425 shares to finish with 10,492 shares. According to a Form 13F filing with the SEC on October 22, 2026, the remaining holding was valued at $7,609,053.

META Meta Platforms, Inc.

$697.52 ▲ +7.52% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Royal Fund Management's Meta Platforms Position

The fund trimmed its investment by a 24.6% decrease during the period, moving down from its previous total of 13,917 shares. The adjustment reflects a lighter allocation to the social media and technology giant as institutional portfolios shifted their weights ahead of the end of the quarter.

Other Institutional Activity in Meta Platforms

Other institutional investors also adjusted their positions in the tech giant during the period. Perigon Wealth Management reduced its holdings by 5,049 shares, ending with 70,254 shares worth about $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. Sepio Capital cut its stake by 4,324 shares, finishing with 31,070 shares valued at about $22,531,973. Sagespring Wealth Partners grew its holdings by 2,214 shares, ending with 31,902 shares worth about $23,134,414. True North Advisors reduced its holdings by 2,569 shares, ending with 15,062 shares worth about $10,923,014.

Meta Platforms, Inc. Stock Down 6.5%

Meta shares recently traded around $648.91 as of October 23, 2026, sitting down about 7.0% from an event-day close of $697.52 on October 21, 2026. The stock sits below its 50-day moving average of $661.46 while remaining above its 200-day average of $632.62.

Recent Earnings

The company generated trailing-twelve-month revenue of $228.2 billion alongside trailing-twelve-month earnings of $29.31 per share. Meta operates through its core Family of Apps and Reality Labs segments, supporting platforms used by billions of people daily across mobile devices, headsets, and glasses.

Dividend

The company 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 four separate transactions between September 28, 2026, and October 19, 2026, selling 1,575 shares in each transaction. His sales included 1,575 shares at no listed price on September 28 valued at $1,180,966, 1,575 shares at $728.08 on October 5 valued at $1,146,726, 1,575 shares at $728.10 on October 12 valued at $1,146,758, and 1,575 shares at $707.20 on October 19 valued at $1,113,840.

Analysts Set New Price Targets

Several Wall Street firms updated their targets on October 22, 2026. On October 22, 2026, UBS maintained a Buy rating while lifting its 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 October 22, 2026, DA Davidson maintained a Buy rating, boosting its price target from $700.00 to $800.00. On October 22, 2026, BMO Capital kept a Market Perform rating while moving its target from $580.00 to $685.00. On October 22, 2026, Evercore ISI Group maintained an Outperform rating while raising its target from $860.00 to $870.00. Overall, the company carries a consensus strong buy rating from 58 analysts with a mean price target of $817.87.

About Meta Platforms

Based in Menlo Park, California, Meta Platforms builds applications and technologies that help people connect through mobile devices, personal computers, virtual reality headsets, and artificial intelligence hardware. Its ecosystem includes major social media networks and messaging services used globally.

Bottom Line

Institutional adjustments like Royal Fund Management's reduction highlight shifting portfolio strategies as markets navigate changing valuation levels. Observers will continue monitoring upcoming quarterly results and regulatory developments for further direction on the stock.