Rep. Maria Elvira Salazar (R-FL) Buys Meta Platforms (META) Stock

Maria Elvira Salazar, a Republican member of the House from Florida, bought shares of Meta Platforms, Inc. (NASDAQ: META) on September 22, 2026. The trade is valued between $1,001 and $15,000 and was disclosed on October 7, 2026.

What Changed in Salazar's Meta Position

Salazar initiated a new position in Meta Platforms with this purchase. The transaction reflects her commitment to investing in a leading player in the communication services sector.

Other Institutional Activity in Meta Platforms

Several other institutional investors have recently adjusted their positions in Meta. Blackrock Inc. grew its holdings by 4,558,635 shares, ending with 173,396,976 shares worth about $122.99 billion. Vanguard Capital Management LLC added 1,307,627 shares, bringing its total to 143,440,997 shares valued at approximately $101.75 billion. Meanwhile, FMR, LLC reduced its stake by 20,723,183 shares, resulting in 95,895,744 shares worth about $68.02 billion. State Street Corporation increased its holdings by 3,514,233 shares, totaling 92,033,963 shares valued at around $65.28 billion. Geode Capital Management, LLC added 785,385 shares, bringing its total to 54,949,893 shares worth about $38.98 billion.

Meta Platforms, Inc. Stock Down 3.8%

As of October 16, 2026, Meta shares traded recently around $705.01, which is above its 50-day moving average of $649.89 and its 200-day moving average of $631.37. However, the stock is about 9.6% below its 52-week high of $779.82 and 13.4% below the mean price target of $813.65 set by analysts.

Recent Earnings

Meta Platforms reported a trailing twelve-month revenue of approximately $228.25 billion, with a net margin of 29.8% and a return on equity of 29.8%. The company is expected to announce its next earnings on October 21, 2026.

Insider Buying and Selling at Meta Platforms, Inc.

Recent insider activity includes Javier Olivan, the Chief Operating Officer, who sold 1,575 shares at an average price of $680.27 on September 21, 2026, totaling about $1.07 million. Christopher K. Cox, an officer, sold 40,000 shares on the same day, valued at approximately $28.51 million. Mark Zuckerberg, the CEO, sold 27,474 shares on September 24, 2026, valued at about $21.36 million.

Analysts Set New Price Targets

Analysts have recently maintained positive outlooks on Meta Platforms. On September 25, 2026, Deutsche Bank maintained a Buy rating with a target of $820. Wells Fargo followed suit on October 6, 2026, with an Overweight rating and a target of $1,000. TD Cowen reiterated a Buy rating with a target of $865 on October 8, 2026. Cantor Fitzgerald maintained an Overweight rating with a target of $840 on October 12, 2026, and Pivotal Research reaffirmed a Buy rating with a target of $930 on October 13, 2026. The consensus recommendation remains a strong Buy, with a mean price target of $813.65 based on 58 analyst opinions.

About Meta Platforms, Inc.

Meta Platforms, Inc. develops products that help people connect and share through various devices, including mobile phones and virtual reality headsets. The company operates through two main segments: Family of Apps and Reality Labs. Its recent stock activity and analyst ratings highlight a continued interest in its growth potential.

Bottom Line

Maria Elvira Salazar's recent purchase adds to the ongoing discussion about the investment decisions of lawmakers. Investors will be watching for Meta's upcoming earnings report on October 21, 2026, as well as any further trades by Salazar and other insiders.