Opendoor taps Shopify’s Nejatian as CEO; Shares jump 49%
Meta Platforms (NASDAQ: META) Chief Operating Officer Javier Olivan sold 517 shares of Class A Common Stock on September 8, 2025, at a price of $755.65, for a total value of $390671. The sale comes as Meta trades near its 52-week high of $796.25, with the stock delivering an impressive 49% return over the past year. According to InvestingPro analysis, Meta maintains a GREAT financial health score, reflecting its strong market position as a $1.89 trillion company.
Following the transaction, Olivan directly owns 11577 shares of Meta Platforms.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 17, 2024.
In other recent news, Amazon is reportedly developing augmented-reality glasses for consumers and delivery drivers. These AR glasses, internally codenamed Jayhawk, are expected to include microphones, speakers, a camera, and a full-color display in one eye. Meanwhile, Meta Platforms has been in the spotlight with several updates. BofA Securities has maintained its Buy rating for Meta, with a price target of $900, anticipating hardware innovations at the upcoming Connect Developer Conference. Cantor Fitzgerald also reiterated its Overweight rating with a $920 price target, as Meta faces regulatory challenges, including an ongoing Federal Trade Commission lawsuit regarding its acquisitions of Instagram and WhatsApp. Additionally, Meta plans to invest at least $600 billion in U.S. infrastructure by 2028, focusing on data centers and other critical infrastructure. The Federal Trade Commission is also studying the impact of AI chatbots on children’s mental health, requesting documents from tech companies like Meta. These developments reflect ongoing strategic and regulatory dynamics for both Amazon and Meta.
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