Matthew Robert Van Epps Sells Shares of Meta Platforms
Matthew Robert Van Epps sold Meta Platforms shares valued between $1,001 and $15,000.
Key Points
- Matthew Robert Van Epps, a House member, sold Meta Platforms shares valued between $1,001 and $15,000 on June 16, 2026.
- Meta Platforms, trading at $600.3, has a market cap of $1.52 trillion and a P/E ratio of 21.83.
- BlackRock reduced its Meta stake by 2.66 million shares, while Geode Capital added about 1.36 million shares.
On June 16, 2026, Matthew Robert Van Epps, a member of the U.S. House of Representatives, sold shares of Meta Platforms, Inc. (NasdaqGS: META) valued between $1,001 and $15,000. This transaction was reported on June 17, 2026, as part of the STOCK Act disclosures.
Other Institutional Activity in Meta Platforms
BlackRock, Inc. trimmed its holdings in Meta Platforms by 2.66 million shares, ending with 168.84 million shares valued at approximately $96.6 billion. Vanguard Capital Management LLC significantly increased its stake, adding 142.14 million shares to reach the same number, worth about $81.3 billion. FMR LLC reduced its position by 5.73 million shares, holding 116.61 million shares valued at $66.7 billion. State Street Corp cut its holdings by 2.32 million shares, now holding 88.52 million shares worth $50.6 billion. Meanwhile, Geode Capital Management, LLC boosted its stake by 1.36 million shares, ending with 54.17 million shares valued at $30.9 billion.
Meta Platforms Stock Snapshot
Shares of Meta Platforms traded at $600.3 on the NasdaqGS. The company boasts a market cap of approximately $1.52 trillion and a P/E ratio of 21.83. Meta's 52-week range spans from $520.26 to $796.25. The stock's 50-day moving average is $622.75, while its 200-day moving average is $656.56. Meta has a current ratio of 2.35 and a quick ratio of 2.11, with a debt-to-equity ratio of 35.61.
Recent Earnings
Meta Platforms reported revenue of $214.96 billion, reflecting a growth rate of 33.1%. The company achieved an EPS of $27.49, with a net margin of 32.84% and a return on equity of 32.93%. Meta is scheduled to announce its next earnings on July 29, 2026.
Dividend
Meta Platforms offers an annual dividend rate of $2.10, yielding 0.35%. The company's dividend payout ratio is 7.64%.
Insider Buying and Selling at Meta Platforms, Inc.
Recent insider transactions at Meta Platforms include planned sales by several executives. On June 1, 2026, Robert Kimmitt sold 504 shares at an average price of $629.29. Javier Olivan, the Chief Operating Officer, sold 1,466 shares on the same date at the same price. Curtis Mahoney, Chief Legal Officer, sold 2,079 shares at $609.92 on May 27, 2026.
Analysts Set New Price Targets
On May 5, 2026, Mizuho maintained its buy rating for Meta Platforms with a price target of $835. Stifel also maintained a buy rating with a $780 target on May 1, 2026. JP Morgan downgraded the stock to hold with a $725 target on April 30, 2026. The consensus among analysts is a strong buy, with a mean price target of $827.32 based on 59 opinions.
About Meta Platforms
Meta Platforms, Inc. is a technology company based in Menlo Park, California. It operates two main segments: Family of Apps and Reality Labs. The Family of Apps segment includes Facebook, Instagram, Messenger, Threads, and WhatsApp, which facilitate communication and social interaction. Reality Labs focuses on virtual and augmented reality products, including Meta Quest devices and AI glasses. The company is led by CEO Mark Zuckerberg and employs approximately 77,986 people.
Bottom Line
Matthew Robert Van Epps' recent sale of Meta Platforms shares is part of regular disclosures under the STOCK Act. Investors keep an eye on such transactions for potential insights into stock movements, though they are reported after the fact. Meta Platforms remains a significant player in the tech sector, with strong institutional interest and positive earnings growth.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
