Meta Platforms' Chief Legal Officer Jennifer Newstead Sells 519 Shares

Meta Platforms, Inc. [META] has disclosed that Jennifer Newstead, Chief Legal Officer, sold 519 shares at $719.86 per share on July 29, 2025.

Meta Platforms, Inc. (META) has disclosed that Jennifer Newstead, Chief Legal Officer, sold 519 shares of the company's stock on July 29, 2025. The sale occurred at an average price of $719.86 per share. This transaction represents a 1.95% decrease in her position, as she now owns 26,069 shares valued at $18,668,010.90 [1].

The sale was completed on Tuesday, July 22, 2025, with the transaction totaling $371,655.90. Following the completion of the transaction, Jennifer Newstead owned 26,069 shares of Meta Platforms' stock, valued at $18,668,010.90. This represents a 1.95% decrease in her position [1].

Meta Platforms' stock has been performing well, with analysts giving it a "Moderate Buy" rating and a consensus price target of $788.98. The company reported strong quarterly earnings with $7.14 earnings per share, exceeding estimates and showing a 21.6% year-over-year revenue increase. Analysts expect the company to post 26.7 EPS for the current year [1].

Institutional investors have been active in Meta Platforms, with several recent changes to their positions. Evergreen Private Wealth LLC boosted its stake in shares of Meta Platforms by 237.5% in the second quarter, now owning 54 shares valued at $40,000. Institutional investors own 79.91% of the company's stock [1].

References:
[1] https://www.marketbeat.com/instant-alerts/meta-platforms-nasdaqmeta-stock-price-expected-to-rise-bmo-capital-markets-analyst-says-2025-07-31/