Rep. Maria Elvira Salazar (R-FL) Sells META Stock

Rep. Maria Elvira Salazar, a Republican from the House, sold shares of Meta Platforms, Inc. (NASDAQ: META) valued between $1,001 and $15,000 on September 24, 2026. This trade was disclosed in a periodic transaction report filed under the STOCK Act on October 7, 2026.

Other Institutional Activity in Meta Platforms, Inc.

Several major funds adjusted their positions in Meta recently. 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. In contrast, FMR, LLC reduced its stake by 20,723,183 shares, now holding 95,895,744 shares worth about $68.02 billion. State Street Corporation increased its position by 3,514,233 shares, totaling 92,033,963 shares valued at approximately $65.28 billion, while 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's stock was recently trading around $705.01. This price is above both its 50-day moving average of $649.89 and its 200-day average of $631.37. However, it remains below its 52-week high of $779.82, indicating that while the stock is performing well, there is still potential for recovery to previous highs.

Recent Earnings

Meta reported trailing twelve-month revenue of $228.25 billion and earnings per share (EPS) of $26.54. The company has shown a year-over-year revenue growth of 28.0% and a net margin of 29.8%. The next earnings report is expected on October 21, 2026.

Dividend

Meta Platforms, Inc. has a dividend yield of 0.29% with a payout ratio of 7.9%, reflecting its commitment to returning value to shareholders while investing in growth.

Insider Buying and Selling at Meta Platforms, Inc.

On September 21, 2026, Chief Operating Officer Javier Olivan sold 1,575 shares at an average price of $680.27, totaling approximately $1.07 million. That same day, Officer Christopher K Cox sold 40,000 shares, valued at about $28.51 million. On the same day as Salazar's sale, CEO Mark Zuckerberg sold 27,474 shares, valued at approximately $21.36 million.

Analysts Set New Price Targets

On September 25, 2026, Deutsche Bank maintained a "Buy" rating with a price target of $820. Wells Fargo followed on October 6, maintaining an "Overweight" rating with a target of $1,000. TD Cowen reiterated its "Buy" rating with a target of $865 on October 8. Cantor Fitzgerald maintained its "Overweight" rating with a price target of $840 on October 12, while Pivotal Research also maintained a "Buy" rating with a target of $930 on October 13. The consensus recommendation for Meta is a "strong buy" based on 58 analyst opinions, with a mean price target of $813.65.

About Meta Platforms, Inc.

Meta Platforms, Inc. develops products that help people connect and share through mobile devices, computers, virtual reality headsets, and AI glasses. With a market cap of about $1.88 trillion, it operates in the communication services sector, primarily through its Family of Apps and Reality Labs segments.

Bottom Line

Investors should keep an eye on Meta's upcoming earnings report on October 21, 2026, as well as any further trades by lawmakers like Salazar. The stock's recent performance, combined with its analyst ratings and price targets, will be key to watch in the coming weeks.