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Meta Platforms (NASDAQ:META), the social media giant with a market capitalization of $1.75 trillion and impressive gross profit margins of 82%, reported that Chief Operating Officer Javier Olivan sold 517 shares of Class A Common Stock on July 28, 2025, at a price of $715, for a total transaction value of $369,655. According to InvestingPro analysis, the company currently trades near its Fair Value.
Following the transaction, Olivan directly owns 5785 shares of Meta Platforms Class A Common Stock.
Additionally, Olivan indirectly owns shares through several entities: Olivan D LLC (8622 shares), Olivan Reinhold D LLC (2999 shares), Reinhold D LLC (8622 shares), and the Olivan Reinhold Family Revocable Trust (90493 shares).
The sale was executed under a Rule 10b5-1 trading plan adopted on August 17, 2024.
In other recent news, EssilorLuxottica is making strategic adjustments to counter U.S. tariffs, as revealed during a post-earnings conference call. The company has implemented price increases in the United States by mid-single digits, with the full impact expected in the latter half of the year. Meanwhile, Meta Platforms has been the focus of analyst attention, with Guggenheim and Benchmark both raising their price targets for the company to $800, maintaining a Buy rating. This comes ahead of Meta’s second-quarter earnings report, with expectations of stable revenue performance driven by e-commerce trends and ad pricing leverage.
In addition to financial forecasts, Meta Platforms has announced significant changes in its personnel and research initiatives. Shengija Zhao has been appointed as Chief Scientist of Meta Superintelligence Labs, where he will guide the lab’s research agenda. Furthermore, Meta has recruited three AI researchers from Google (NASDAQ:GOOGL) DeepMind, who previously contributed to a model that achieved gold medal-level results at the International Math Olympiad. These developments reflect CEO Mark Zuckerberg’s commitment to enhancing Meta’s capabilities in artificial intelligence.
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