Sepio Capital 13F: Cuts Meta Platforms (META) Stake by $3.1M

Sepio Capital trimmed its stake in Meta Platforms, Inc. META by 12.2% during the third quarter, according to a Form 13F filed with the Securities and Exchange Commission on October 22, 2026.

META Meta Platforms, Inc.

$697.52 ▲ +7.52% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Sepio Capital's Meta Platforms Position

The firm sold 4,324 shares of the social media company during the period, leaving it with a total of 31,070 shares. Based on market values around the filing date, the remaining position was valued at about $22.5 million.

Other Institutional Activity in Meta Platforms

Other institutional investors also adjusted their positions in Meta Platforms during the filing period. True North Advisors trimmed its stake by 14.6%, selling 2,569 shares to end with 15,062 shares worth about $10.9 million. Midwest Trust grew its holdings by 21.2%, adding 36,154 shares to finish with 206,830 shares valued at about $150.0 million. Perigon Wealth Management reduced its holdings by 6.7%, shedding 5,049 shares to hold 70,254 shares valued at about $50.9 million. Oriental Harbor Investment Master Fund grew its position significantly by 6,694.2%, adding 16,133 shares to end with 16,374 shares worth about $11.9 million. Sagespring Wealth Partners increased its stake by 7.5%, purchasing 2,214 shares to finish with 31,902 shares valued at about $23.1 million.

Meta Platforms, Inc. Stock Down 6.5%

Meta Platforms closed at $648.85 on October 22, 2026, and recently traded around $648.91 as of October 23, 2026. The stock sits about 16.8% below its 52-week high of $779.82 and 24.7% above its 52-week low of $520.26. Shares recently traded roughly 1.9% below their 50-day moving average of $661.46 and 2.6% above their 200-day moving average of $632.62.

Recent Earnings

Meta Platforms generated $228.25 billion in trailing twelve-month revenue and reported earnings of $29.31 per share.

Dividend

Meta Platforms 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 stock transactions between September 28, 2026, and October 19, 2026, selling 1,575 shares in each transaction for total values ranging from about $1.11 million to $1.18 million per trade.

Analysts Set New Price Targets

Wall Street analysts updated their views on October 22, 2026, with UBS maintaining a buy rating and an $892.00 price target. Citigroup maintained a buy rating with a $905.00 target, DA Davidson kept a buy rating and raised its target to $800.00, BMO Capital maintained a market perform rating with a $685.00 target, and Evercore ISI Group kept an outperform rating with an $870.00 target. Across the broader analyst community, the stock holds a consensus strong buy rating with a mean price target of $817.87.

About Meta Platforms

Meta Platforms develops digital applications and hardware that help people stay connected through mobile devices, personal computers, virtual reality headsets, and smart glasses. The company operates through its Family of Apps and Reality Labs segments, connecting billions of users worldwide.

Bottom Line

Investors continue to monitor institutional portfolio adjustments alongside the company's ongoing financial performance and upcoming earnings reports.