Meta Platforms (META) COO Olivan Javier Sells $1.1M of Stock
Meta's COO, Olivan Javier, sold 1,575 shares for about $1.15 million on October 12, 2026.
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Olivan Javier, Chief Operating Officer at Meta Platforms, Inc. ($META), sold 1,575 shares at an average price of $728.10, worth about $1.15 million, on October 12, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $META is down 4.5% to date (from the $742.96 close on Oct 12, 2026).
Key Points
- Olivan Javier sold 1,575 shares of Meta Platforms at a price of $728.10 each, totaling $1,146,758 on October 12, 2026.
- Meta shares recently traded around $706.17, which is above the 50-day moving average by 8.7% and the 200-day moving average by 11.8%.
- Analysts maintain a strong buy consensus on Meta, with a mean price target of $813.65.
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Olivan Javier, the Chief Operating Officer of Meta Platforms, Inc. (NASDAQ: META), sold 1,575 shares on October 12, 2026, for about $1,146,758. The shares were sold at a price of $728.10 each. This sale was planned and is part of Javier's ongoing transactions as an insider.
Inside Olivan Javier's Trade
Javier's recent sale adds to his previous transactions, where he sold 1,575 shares on October 5, 2026, for a similar amount. His role as COO suggests he is actively managing his holdings, which can reflect on his confidence in the company's future.
Other Institutional Activity in Meta Platforms
In the latest reporting period, several institutional investors adjusted their stakes in Meta. Blackrock Inc. increased its holdings by 4,558,635 shares, bringing its total to 173,396,976 shares valued at about $122.99 billion. Vanguard Capital Management LLC added 1,307,627 shares, ending with 143,440,997 shares worth approximately $101.75 billion. Meanwhile, FMR, LLC reduced its stake by 20,723,183 shares, holding now 95,895,744 shares valued at about $68.02 billion.
Meta Platforms, Inc. Stock Down 4.3%
As of October 16, 2026, Meta shares were recently trading around $706.17. This price is above the 50-day moving average by 8.7% and the 200-day moving average by 11.8%. However, the stock is about 9.4% below its 52-week high of $779.82 and below the mean price target of $813.65.
Recent Earnings
Meta reported trailing twelve-month revenue of $228.25 billion, with an earnings per share (EPS) of $26.54. The company boasts a net margin of 29.8% and a return on equity (ROE) of 29.8%. The next earnings report is expected on October 21, 2026.
Insider Buying and Selling at Meta Platforms, Inc.
Javier Olivan's recent sale of 1,575 shares on October 12, 2026, at a price of $728.10 each, is part of his planned trading strategy. Earlier, he sold the same number of shares on October 5, 2026, for a similar total value. CEO Mark Zuckerberg also sold 27,474 shares on September 24, 2026, valued at about $21.36 million.
Analysts Set New Price Targets
On October 12, 2026, Cantor Fitzgerald maintained its Overweight rating on Meta, setting a price target of $840. Earlier, Deutsche Bank reaffirmed a Buy rating with a target of $820 on September 25, 2026. The consensus among analysts is a strong buy with a mean price target of $813.65, based on 58 opinions.
About Meta Platforms
Meta Platforms, Inc. focuses on connecting people through various products, including mobile devices, virtual reality headsets, and AI technologies. The company operates through two main segments: Family of Apps and Reality Labs. This focus on connectivity and innovation is crucial as it navigates the competitive landscape of technology and social media.
Bottom Line
Investors should keep an eye on Meta's upcoming earnings report scheduled for October 21, 2026. Javier's planned sale indicates ongoing management of his holdings, while institutional interest remains robust. Meta continues to attract strong analyst ratings, suggesting confidence in its future performance.
Source: Olivan Javier's Form 4 filing on $META (Oct 12, 2026). Find the original filing: META Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts