XN LP trims Meta Platforms stake, sells 69,006 shares

XN LP, managed by Gaurav Kapadia, recently executed a significant transaction involving Meta Platforms, Inc. ((META)). The hedge fund reduced its position by 69,006 shares.

Recent Updates on Meta Platforms, Inc. stock

Meta Platforms, Inc. has seen its stock climb sharply, up about 12% over the past week and roughly 12% over the last month in one recent snapshot, though another shows only modest monthly gains and a slightly negative 12‑month return. Despite this volatility, Wall Street remains strongly bullish, with consensus 12‑month targets clustered around $830–$880 versus recent closes in the high‑$600s to mid‑$700s, implying sizable upside.

The optimism is driven by “unquestionably strong” Q4 results, with revenue of $59.9 billion up 23% year‑on‑year and EPS of $8.88 beating estimates, plus first‑quarter guidance that signals accelerating growth. Analysts highlight surging ad revenue, rising Reels engagement, and early payoffs from heavy AI spending, and while 2026 capex and opex are projected well above prior forecasts, they see the stronger revenue outlook and improving AI‑driven ad efficiency as de‑risking that investment and supporting continued profit growth.

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: -3.15%

Average Trading Volume: 16,681,428

Current Market Cap: $1617.1B