Egerton Capital’s John Armitage Cuts Meta Platforms Stake

Egerton Capital (UK) LLP, managed by John Armitage, recently executed a significant transaction involving Meta Platforms, Inc. ((META)). The hedge fund reduced its position by 541,167 shares.

Recent Updates on Meta Platforms, Inc. stock

Meta Platforms shares have seen choppy trading, recently slipping modestly over the week and month but remaining up year over year, while analysts keep a StrongBuy stance with targets in the $810–$910 range that imply substantial upside. Recent quarters showed robust 4Q revenue of $59.9B, EPS beats, and accelerating ad growth powered by AI, and Meta is locking in long‑term nuclear energy deals to support massive AI‑driven data‑center expansion despite sharply higher 2026 capex and expenses.

Spark’s Take on META Stock

According to Spark, TipRanks’ AI Analyst, META is a Outperform.

The score is driven primarily by very strong profitability and cash generation, tempered by rising leverage and signs of moderating growth. Technicals remain supportive but look overbought, while valuation is somewhat expensive with a very low dividend yield. Earnings call takeaways were positive on ad and AI momentum, but the large planned 2026 expense/capex ramp and ongoing Reality Labs losses add execution risk.

To see Spark’s full report on META stock, click here.

More about Meta Platforms, Inc.

YTD Price Performance: 2.60%

Average Trading Volume: 17,285,336

Current Market Cap: $1696.6B