Meta Platforms COO Javier Olivan sold $892,764 worth of company stock on May 26, 2026. The sales involved 1,466 shares of Class A Common Stock at $608.98 per share. The stock currently trades at $635.17.
Olivan directly sold 837 shares, retaining 13,823 shares. Indirect sales included Olivan D LLC (82 shares), Olivan Reinhold D LLC (57 shares), Reinhold D LLC (82 shares), and the Olivan Reinhold Family Revocable Trust (408 shares).
Sales were executed under a Rule 10b5-1 trading plan. Meta has a market cap of $1.61 trillion and a gross profit margin of 82%.
In other news, Meta announced subscription bundles for Instagram, Facebook, and WhatsApp. Rosenblatt reiterated a Buy rating with a $1,015 price target.
