HomeMost PopularMETA Platforms Inc. Reveals Recent $60,000 Lobbying Expenditure

META Platforms Inc. Reveals Recent $60,000 Lobbying Expenditure

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META Platforms Inc. Lobbying and Trading Activity Revealed

$60,000 of META PLATFORMS INC. (formerly FACEBOOK INC. and its subsidiaries) lobbying expenditures from Q4 2024 have recently come to light in a new Lobbying Disclosure Act filing.

Insights on Lobbying Efforts

The lobbying activities included various critical issues such as:

“Privacy, security data legislation, cyber security discussions, data security, encryption, youth safety, and platform integrity.” This emphasizes the company’s focus on protecting user data and ensuring platform reliability.

For further information on corporate lobbying trends, visit Quiver Quantitative.

Congressional Trading in META Stock

In the past six months, members of Congress have made seven trades involving META stock. Among these trades, four were purchases while three were sales.

For ongoing updates on congressional stock trading, refer to Quiver Quantitative’s congressional trading dashboard.

Insider Trading Movements at META

Over the last six months, META insiders executed a staggering 1,060 stock trades, with no purchases but all sales.

Here is a breakdown of recent insider trading activity:

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

To monitor insider transactions, visit Quiver Quantitative’s insider trading dashboard.

Institutional Investor Activities with META Stock

A total of 2,074 institutional investors increased their holdings in META stock, while 1,623 chose to reduce their positions in the most recent quarter.

Notable movements include:

  • INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 9,500,243 shares (-99.8%) in Q4 2024, valued at approximately $5,562,487,278.
  • BARCLAYS PLC decreased their holdings by 3,519,459 shares (-34.7%) in Q3 2024, for an estimated value of $2,014,679,109.
  • APG ASSET MANAGEMENT N.V. eliminated 2,305,238 shares (-100.0%) in Q3 2024, worth around $1,319,610,440.
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP decreased their position by 2,222,612 shares (-24.1%) in Q3 2024, for an estimated $1,272,312,013.
  • MORGAN STANLEY added 1,622,152 shares (+4.6%) in Q3 2024, valued at approximately $928,584,690.
  • CAPITAL RESEARCH GLOBAL INVESTORS reduced their positions by 1,590,526 shares (-4.1%) in Q3 2024, for a value of about $910,480,703.
  • SUSTAINABLE GROWTH ADVISERS, LP increased their holdings by 1,502,792 shares (+infinity%) in Q3 2024, roughly valued at $860,258,252.

To explore hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative’s disclaimers for more information.

This article was originally published on Quiver News; read the full story.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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