Meta COO Javier Olivan sells $1.15m in Meta shares

Meta Chief Operating Officer Javier Olivan sold $1.15 million worth of the company's shares on October 12, 2026. The shares were part of a pre-approved trading plan adopted by Olivan on November 17, 2025. At the time of sale, Meta's stock was trading around $737.54, close to its 52-week high of $779.82. Despite this, market analysts suggest Meta's shares may be overvalued compared to its intrinsic value.

The company boasts a market cap of $1.88 trillion and a P/E ratio of 27.76. Olivan retained ownership of 6,932 shares directly and 5,752 indirectly held by various entities, including himself, his spouse, and trusts, while selling 946 shares personally. This transaction occurred amidst heightened interest in Meta's future performance, as the company prepares to report earnings on October 21, 2026.

Options data hint at a potential stock appreciation of 4.9%, and recent analyst ratings from firms like Guggenheim and KeyBanc remain optimistic, with price targets reaching $850 and $900 respectively. These findings underscore Meta's continued influence in the tech landscape and the ongoing scrutiny of its strategic direction.