HomeMost PopularChief Legal Officer of $META Offloads 905 Shares in Recent Insider Sale

Chief Legal Officer of $META Offloads 905 Shares in Recent Insider Sale

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Recent Insider Trading Activity at META: A Closer Look

Jennifer Newstead, Chief Legal Officer of $META, made headlines by selling 905 shares of the company on January 28, 2025, for approximately $602,730. According to a recent SEC filing, this transaction represents about 3.0% of her holdings in that class of stock. After this sale, she retains 29,295 shares of $META.

Insider Trading Overview

In the past six months, there has been significant activity among $META insiders regarding the company’s stock, with a total of 1,325 trades recorded. Notably, there have been no purchases, indicating a strong trend towards selling among insiders.

Here is a summary of insider sales of $META shares during this period:

  • MARK ZUCKERBERG (Chairman of the Board and CEO): 0 purchases, 1,220 sales, selling 1,444,295 shares for an estimated $869,728,753.
  • 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 around $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 an estimated $12,951,569.
  • JAVIER OLIVAN (Chief Operating Officer): 0 purchases, 26 sales, selling 20,115 shares for approximately $11,314,695.
  • PEGGY ALFORD: 0 purchases, 3 sales, selling 2,698 shares for around $1,497,557.
  • AARON ANDERSON (Chief Accounting Officer): sold 731 shares for an estimated $407,167.

For those interested in monitoring insider transactions, Quiver Quantitative provides a comprehensive insider trading dashboard.

Institutional Investment Trends

In the latest quarter, 2,113 institutional investors increased their stakes in $META, while 1,638 reduced their positions.

Here are some notable changes among large institutional holders:

  • BARCLAYS PLC sold 3,519,459 shares (-34.7%) in Q3 2024, valuing approximately $2,014,679,109.
  • APG ASSET MANAGEMENT N.V. completely exited with a removal of 2,305,238 shares (-100.0%) for an estimated $1,319,610,440.
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP reduced holdings by 2,222,612 shares (-24.1%), worth about $1,272,312,013.
  • MORGAN STANLEY increased their portfolio by adding 1,622,152 shares (+4.6%) valued at approximately $928,584,690.
  • CAPITAL RESEARCH GLOBAL INVESTORS decreased by 1,590,526 shares (-4.1%) for an estimated $910,480,703.
  • SUSTAINABLE GROWTH ADVISERS, LP added 1,502,792 shares, a significant move with an estimated value of $860,258,252.
  • CAPITAL WORLD INVESTORS decreased their holdings by 1,436,715 shares (-3.5%) for an estimated $822,433,134.

Those looking to follow hedge fund portfolio changes can find additional information through Quiver Quantitative’s institutional holdings dashboard.

Congressional Trading of META Stock

Over the last six months, members of Congress have traded $META stock eight times. Among these trades, five were purchases, while three were sales, indicating varying levels of confidence from public leaders.

This summary highlights the recent trading activity surrounding $META, reflecting trends in both insider and institutional investments. For further insights into congressional trading, check out the dashboards available from Quiver Quantitative.

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

This article was originally published on Quiver News. Read the full story for more details.

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

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