Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Meta Platforms (NASDAQ:META) Chief Operating Officer Javier Olivan sold 517 shares of Class A Common Stock on July 7, 2025, at a price of $717.51, for a total transaction value of $370952. The transaction comes as Meta’s stock trades near its 52-week high of $747.90, with the company’s market capitalization reaching $1.84 trillion. According to InvestingPro analysis, Meta currently shows "GREAT" financial health, though the stock appears slightly overvalued based on Fair Value calculations.
Following the transaction, Olivan directly owns 7336 shares of Meta Platforms Class A Common Stock. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 17, 2024. With Meta’s stock delivering an impressive 25% return year-to-date, InvestingPro subscribers can access comprehensive insider trading analysis and 12 additional ProTips to better understand the company’s prospects.
Olivan also 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).
In other recent news, Meta Platforms is navigating a series of notable developments. The company has been the subject of internal critique, with a former research scientist expressing concerns about the cultural and organizational challenges within Meta’s generative AI division. This comes as Meta is actively restructuring its AI efforts, including making several external hires. Meanwhile, Meta has increased its investment in smart glasses, acquiring a 3% stake in EssilorLuxottica for $3.5 billion, with plans to potentially expand this stake. This partnership aims to enhance smart glasses technology, with Meta reportedly selling about 1 million units in 2024 and targeting higher sales in the coming years.
On the financial front, BofA Securities has raised its price target for Meta to $765, while Baird has increased its target to $740, both maintaining favorable ratings. Analysts highlight Meta’s focus on AI-powered products and its Advantage+ advertising platform as key growth areas. Additionally, Citizens JMP reiterated a Market Outperform rating, emphasizing Instagram’s strong user engagement among young adults. In regulatory matters, Meta faces potential fines from the European Commission related to its advertising practices, though Cantor Fitzgerald maintains an Overweight rating, believing Meta can manage these challenges. These developments reflect Meta’s ongoing strategic adjustments and market positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.