Olivan, Meta Platforms COO, sells $990k in Meta stock

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices jump over 4% as Middle East war escalates, fuels supply fears Iran conflict latest: Hegseth says Iran conflict has "only just begun" Gold prices rebound from previous session’s hefty drop, helped by weaker dollar Nasdaq ends more than 1% higher as solid economic data lifts spirits (South Africa Philippines Nigeria) Olivan, Meta Platforms COO, sells $990k in Meta stock By Insider Trading Published 03/05/2026, 01:28 AM Olivan, Meta Platforms COO, sells $990k in Meta stock 0 META 1.93% Meta Platforms NASDAQ:META Chief Operating Officer Javier Olivan sold 1,555 shares of Class A Common Stock on March 2, 2026, for $637.21 each, totaling approximately $990,861. The stock has since risen to $667.73, reflecting the company’s $1.69 trillion market cap and trading at a P/E ratio of 28.36. The sales were executed in five separate transactions. Olivan sold 926 shares directly. Additionally, 82 shares were sold by Olivan D LLC, 57 shares by Olivan Reinhold D LLC, 82 shares by Reinhold D LLC and 408 shares by Olivan Reinhold Family Revocable Trust. The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 17, 2025. Following these transactions, Olivan directly owns 16,113 shares of Meta Platforms . According to InvestingPro , Meta remains profitable with impressive gross profit margins of 82%. Investors can access the comprehensive Pro Research Report for deeper analysis of Meta’s financials and outlook. In other recent news, Meta Platforms has made significant strides in the AI sector with multiple developments. The company has signed a multiyear artificial intelligence content licensing agreement with News Corp, potentially worth up to $50 million annually. This deal will allow Meta to access content from News Corp in the U.S. and the U.K., enhancing its AI products with new information and training data. Additionally, Meta is forming a new applied AI engineering team within it...