META Platforms Inc. Discloses Lobbying and Insider Trading Activity

META Platforms Inc. reported $50,000 in lobbying expenses for the fourth quarter of 2024, highlighted in the latest Lobbying Disclosure Act filing.

Key Lobbying Issues Addressed

The company focused its lobbying efforts on various topics, including:

“Concerns related to encryption; EU/US data flow matters (Schrems II); data localization issues in India, Turkey, and Bangladesh; intermediary liability
Discussions covering technology and internet topics such as privacy, security, competition, research, trademark counterfeiting, and copyright piracy; efforts in online advertising, content transparency, and platform integrity; educational diversity in science, technology, and engineering; child protection, bullying prevention, and online safety; human trafficking matters; data portability and interoperability; data breaches; network usage issues; cybersecurity challenges; storage and access to electronic communications and encryption; manipulated media; ongoing discussions around Artificial Intelligence; Section 230 of the Communications Decency Act; S. 1080, the Cooper Davis Act; S. 486, the Honest Ads Act; S. 1409, the Kids Online Safety Act; S. 1418, the Children and Teens Online Privacy Protection Act; S. 1732, the Know Your App Act; S. 1199, the STOP CSAM Act (Strengthening Transparency and Obligations to Protect Children Suffering from Abuse and Mistreatment) of 2023; S. 1207, EARN IT of 2023; and the Open App Markets Act; S. 1291, the Protecting Kids on Social Media Act; S. 2691, the AI Labeling Act of 2023
Education on internet security policy, privacy legislation, and freedom of expression, alongside local media issues.”

More insights on corporate lobbying can be explored through Quiver Quantitative.

Congressional Trading in META Stock

In the past six months, members of Congress have traded $META stock seven times, consisting of four purchases and three sales. Below is a summary of these transactions:

To track congressional stock trading activities, check out the trading dashboard at Quiver Quantitative.

Insider Trading Patterns at META

Insiders at META have made 1,060 transactions involving $META stock over the last six months, with no purchases recorded and all being sales.

Recent insider trading details include:

• MARK ZUCKERBERG (COB and CEO): 0 purchases and 957 sales totaling 1,121,006 shares, valued at approximately $663,568,450.
• SUSAN J LI (Chief Financial Officer): 0 purchases and 23 sales, selling 69,563 shares for about $37,302,434.
• ANDREW BOSWORTH (Chief Technology Officer): 0 purchases and 11 sales, selling 39,607 shares valued at around $21,577,234.
• CHRISTOPHER K COX (Chief Product Officer): 0 purchases and 3 sales, totaling 30,000 shares for an estimated $16,849,786.
• NICHOLAS CLEGG (President, Global Affairs): 0 purchases and 12 sales of 24,382 shares valued at approximately $13,159,917.
• JENNIFER NEWSTEAD (Chief Legal Officer): 0 purchases and 26 sales, selling 22,617 shares for about $12,655,453.
• JAVIER OLIVAN (Chief Operating Officer): 0 purchases and 25 sales, totaling 19,701 shares for an estimated $10,991,022.
• PEGGY ALFORD: 0 purchases and 2 sales of 1,925 shares worth around $1,012,430.
• AARON ANDERSON (Chief Accounting Officer): sold 731 shares valued at approximately $407,167.

For further details on insider transactions, refer to Quiver Quantitative’s insider trading dashboard.

Institutional Investment Trends in META

During the most recent quarter, 2,073 institutional investors increased their holdings of META stock, while 1,623 reduced their positions.

Notable institutional trading actions include:

• INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC decreased their holdings by 9,500,243 shares (-99.8%) in Q4 2024, estimated at $5,562,487,278.
• BARCLAYS PLC reduced their shares by 3,519,459 (-34.7%) in Q3 2024, valued at around $2,014,679,109.
• SG AMERICAS SECURITIES, LLC increased their shares by 2,976,301 (+536.5%) in Q3 2024, estimated to be worth $1,703,753,744.
• APG ASSET MANAGEMENT N.V. cut 2,305,238 shares (-100.0%) in Q3 2024, valued at about $1,319,610,440.
• ARROWSTREET CAPITAL, LIMITED PARTNERSHIP reduced their holdings by 2,222,612 shares (-24.1%) in Q3 2024, estimated at $1,272,312,013.
• MORGAN STANLEY added 1,622,152 shares (+4.6%) in Q3 2024, totaling around $928,584,690.
• CAPITAL RESEARCH GLOBAL INVESTORS decreased their holdings by 1,590,526 shares (-4.1%) in Q3 2024, valued at approximately $910,480,703.

To keep tabs on hedge funds’ portfolios, visit Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. Please refer to Quiver Quantitative’s disclaimers for more information.

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