Meta platforms COO Olivan sells $398k in class A common stock

Meta Platforms NASDAQ:META Chief Operating Officer Javier Olivan sold 517 shares of Class A Common Stock on August 11, 2025, at a price of $770.00, for a total transaction value of $398090. The sale comes as Meta’s stock trades near its 52-week high of $795.46, with the company’s market capitalization reaching $1.96 trillion amid a strong 33% year-to-date return.

Following the transaction, Olivan directly owns 4751 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.

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 Inc. has seen a flurry of activity from analysts and within the company itself. Freedom Broker downgraded Meta’s stock rating from Buy to Hold, even as it raised its price target to $800.00. This decision followed Meta’s exceptional second-quarter 2025 performance, which surpassed expectations with notable revenue and profit growth. Loop Capital also adjusted its stance, raising its price target to $980.00 due to Meta’s significant revenue growth acceleration and a promising outlook. Meanwhile, Cantor Fitzgerald maintained its Overweight rating on Meta, setting a price target of $920.00, and projected a substantial increase in the company’s capital expenditure over the next 12-18 months.

In addition to analyst updates, Meta Platforms has introduced new features on Instagram aimed at enhancing user connections through content sharing and location features. These updates include a repost function that allows users to share public reels and feed posts, potentially broadening the reach of original creators. In a different sector, Russian authorities are moving to restrict calls on messaging apps like Telegram and WhatsApp, following the introduction of a state-backed messaging application. This development is part of a broader legislative effort led by President Vladimir Putin.

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