Meta Platforms, Inc.
At today's price, Meta Platforms, Inc. (META) is priced for today's economics sustained for ~15.0 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Meta is a one-product income statement with a venture fund stapled on: advertising is 98% of the revenue mix, the Family of Apps earned a 51.5% operating margin on $198.8B of FY2025 revenue per the 10-K segment note, and Reality Labs sold just $2.2B of hardware against years of accumulated losses. • The biggest specific risk is the spending trajectory: management raised FY2026 capex guidance to $125B to $145B in April [Source: Q1 2026 earnings coverage], and the price already embeds the ad eng
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4,960 institutional managers reported holding META in 13F filings for the quarter ended 2026-03-31. Together they hold about 62% of the company; the top 10 hold 31%. 165 opened new positions that quarter. Held by Vanguard Group, BlackRock, FMR (Fidelity), among others. On the short side, 30.0M shares were sold short as of the 2026-06-15 count, about 1% of shares outstanding (1.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
META has cut its share count 10.6% over the past five years, spending $137.62B on repurchases. It pays a dividend, and has for 2 years running; the current rate is $2.10 a share annually. Cash returned over the past three years: $11.74B in dividends and $65.88B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at META over the trailing three years. Absence is a fact about the company, not a signal. 22 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
META's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-28 | +5.8% | -7.8% |
| 2023-10-27 | -7.7% | +19.3% |
| 2024-02-03 | +21.8% | +11.0% |
| 2024-04-26 | -11.0% | +13.7% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
META's latest 8-K filings: 2026-05-29 (items 5.07); 2026-05-04 (items 8.01, 9.01); 2026-04-29 (items 2.02, 9.01); 2026-04-14 (items 5.02); 2026-01-28 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: July 11, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.