Meta Platforms (NASDAQ:META) Stock Unloaded Rep. Dan Crenshaw

Representative Dan Crenshaw (Republican-Texas) recently sold shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Meta Platforms stock on June 1st.

Representative Dan Crenshaw also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of United States 3x Oil Fund (NYSEARCA:USOU) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 6/1/2026.

Meta Platforms Price Performance

Shares of META traded up $1.69 during mid-day trading on Tuesday, reaching $647.54. 1,833,647 shares of the stock traded hands, compared to its average volume of 16,780,699. The firm has a fifty day moving average price of $604.11 and a 200 day moving average price of $626.63. The company has a market cap of $1.64 trillion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.24. Meta Platforms, Inc. has a 1 year low of $520.26 and a 1 year high of $796.25.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.67 by $3.77. The company had revenue of $56.31 billion for the quarter, compared to the consensus estimate of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The firm’s revenue was up 33.1% compared to the same quarter last year. During the same quarter last year, the business posted $6.43 earnings per share. As a group, equities research analysts predict that Meta Platforms, Inc. will post 29.46 earnings per share for the current year.

Meta Platforms Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s dividend payout ratio (DPR) is presently 7.63%.

Institutional Investors Weigh In On Meta Platforms

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company’s stock valued at $20,230,000 after acquiring an additional 570 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Meta Platforms by 10.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company’s stock worth $5,537,000 after buying an additional 875 shares during the last quarter. Headwater Capital Co Ltd grew its position in shares of Meta Platforms by 294.7% in the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company’s stock worth $86,454,000 after buying an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in Meta Platforms in the second quarter valued at $213,000. Finally, Capital & Planning LLC purchased a new position in Meta Platforms during the 2nd quarter valued at $322,000. 79.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on META shares. Benchmark started coverage on Meta Platforms in a report on Tuesday, June 2nd. They set a “buy” rating for the company. Bank of America cut their price target on shares of Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Citizens Jmp decreased their price target on shares of Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a report on Friday, July 10th. Royal Bank Of Canada restated an “outperform” rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Monday, June 1st. Finally, TD Cowen cut their target price on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $834.02.

Key Stories Impacting Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target on Meta to $1,000 from $900 and reiterated a buy rating, signaling meaningful upside from current levels. Benzinga report on the price target raise
• Positive Sentiment: Multiple reports highlighted Meta’s expanding AI strategy, including a possible move into cloud hosting / compute leasing and a potential large Anthropic customer deal, which could help monetize Meta’s massive AI spending and improve margins over time. Proactive Investors article on earnings expectations
• Positive Sentiment: Bank of America said Meta should beat Q2 expectations on healthy ad demand and AI-driven improvements, lifting estimates to $60.6 billion in revenue and $7.50 EPS, both above consensus. BofA preview referenced by Proactive Investors
• Neutral Sentiment: Several articles noted Meta’s broader push to become a major AI compute provider and “neocloud” operator, which is promising for long-term monetization but still depends on execution and spending discipline. Seeking Alpha article on Meta as a compute provider
• Negative Sentiment: Meta faces a Tennessee trial over allegations that Instagram was designed to be addictive and harmed teen mental health, adding legal overhang and potential headline risk. Reuters article on the Tennessee trial
• Negative Sentiment: Michael Burry warned about hidden debt across big tech, which could pressure sentiment around Meta’s capital-intensive AI buildout even though the criticism is sector-wide rather than company-specific. Finbold article on Michael Burry’s warning

Insider Activity at Meta Platforms

In other news, CTO Andrew Bosworth sold 7,847 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the completion of the sale, the chief technology officer directly owned 414 shares of the company’s stock, valued at approximately $251,641.62. This trade represents a 94.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Susan J. Li sold 9,195 shares of Meta Platforms stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.84, for a total transaction of $5,589,088.80. Following the sale, the chief financial officer directly owned 13,186 shares in the company, valued at $8,014,978.24. The trade was a 41.08% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 37,948 shares of company stock valued at $23,184,319 over the last quarter. Company insiders own 13.53% of the company’s stock.

About Representative Crenshaw

Daniel Crenshaw (Republican Party) is a member of the U.S. House, representing Texas’ 2nd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Crenshaw (Republican Party) is running for re-election to the U.S. House to represent Texas’ 2nd Congressional District. He declared candidacy for the 2026 election.

Crenshaw defeated Todd Litton (D), Patrick Gunnels (L), and Scott Cubbler (Independent) in the general election on November 6, 2018. He advanced to a Republican primary runoff on May 22, 2018, where he defeated Kevin Roberts. The runoff election was called after no candidate won 50 percent of the vote in the Republican primary on March 6, 2018.

A retired lieutenant commander in the U.S. Navy, Crenshaw served in the Navy SEALs for ten years. Prior to running in 2018, Crenshaw had not previously served in elected office. Crenshaw’s candidacy received media attention, including an appearance on Fox and Friends. U.S. Reps. Pete Sessions (R-Texas), whom he previously worked for as a military legislative assistant, and Scott Taylor (R-Virg.) endorsed Crenshaw’s candidacy.

Crenshaw served as a Navy SEAL from 2006 to 2016. He was deployed to Iraq and Afghanistan and lost his right eye in an IED explosion in Afghanistan. He earned a bachelor’s degree in international affairs from Tufts University and an M.P.A. from Harvard.

About Meta Platforms

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.