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Olivan, Meta Platforms COO, sells $364k in Meta stock

Published 08/10/2025, 23:36
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META
2.18%

Meta Platforms (NASDAQ:META), the $1.8 trillion market cap tech giant with impressive gross profit margins of 82%, saw Chief Operating Officer Javier Olivan sell 517 shares of Class A Common Stock on October 6, 2025, at a price of $704.81, for a total value of $364386.

Following the transaction, Olivan directly owns 9509 shares of Meta Platforms.

Additionally, Olivan has indirect ownership of Meta Platforms 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 pre-arranged Rule 10b5-1 trading plan adopted on August 17, 2024.

In other recent news, Meta Platforms Inc. is acquiring chip startup Rivos Inc. to enhance its AI semiconductor development capabilities. This move is part of Meta’s strategy to gain more control over its artificial intelligence infrastructure. Additionally, TD Cowen has maintained its Buy rating on Meta Platforms with a price target of $875, expressing confidence in the company’s advertising growth through the third quarter of 2025. Meta is also rolling out significant upgrades to Facebook Reels, improving content recommendations and adding new social features to enhance user experience. The new system now surfaces 50% more reels from creators published on the same day, ensuring users see newer content more quickly. Furthermore, Meta has launched communities on Threads, allowing users to discuss shared interests across more than 100 popular topics. Starting December 16, Meta will use interactions with its AI chatbot to customize content and advertising shown on Facebook and Instagram. This means users may see ads related to topics they discuss with the chatbot, such as travel plans. These developments highlight Meta’s ongoing efforts to innovate and expand its offerings across various platforms.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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