Insider Cluster (3 insiders) ·Filed Feb 23, 2026

META

Meta Platforms, Inc.
NEUTRAL
Impact 3/10
Horizondays Processed7mo ago
Insider cluster: 3 insiders, $2.6M total
Actionable Insight • Neutral

Monitor for additional insider selling in the next 30 days; isolated transactions of this size are routine for a company of Meta's scale, but a pattern could signal caution. Compare with upcoming earnings and AI investment updates.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
META ▼ -4.00% at T+60d
NEUTRAL call ✗ call lost -4.00% · α vs SPY -12.26% · entry $636.70 → $611.21
Entry anchored
Feb 20, 04:43 PM ET
via exchange tick
T+1d
+0.32%
call +0.32% · α -0.41%
$638.75
settled 7mo ago
T+5d
+2.56%
call +2.56% · α +1.94%
$653.00
settled 7mo ago
T+20d
-5.13%
call -5.13% · α -1.18%
$604.06
settled 7mo ago
T+60d
-4.00%
call -4.00% · α -12.26%
$611.21
settled 5mo ago

Price Chart

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Executive Summary

Three corporate insiders at Meta Platforms, including CFO Susan Li and COO Javier Olivan, sold shares in the open market over a three-day period, generating over $2.6 million in total proceeds. These were open-market sales, not related to vesting or tax events, and represent coordinated selling by senior executives. The total value is minimal relative to Meta's $1.66T market cap.

Key Financial Metrics

Direction
selling
Total Value
$2.6M
Insiders
3

Key Facts

  • CFO Susan Li sold 2,766 shares for $1.74 million at ~$630.31 per share.
  • COO Javier Olivan sold 926 shares for $604,382 at ~$652.68 per share.
  • Peggy Alford (non-C-suite) sold 392 shares for $252,056 at $643 per share.
  • All transactions were open-market sales (Form 4 code 'S').
  • Total proceeds from the cluster: $2,600,872.37, representing 0.00016% of Meta's $1.66T market cap.

Financial Impact

$2.6 million in open-market sales by insiders over 3 days

insider ownershipmarket sentiment

Risk Factors

  • Perception of insider pessimism if selling continues ahead of earnings.
  • Potential misinterpretation of routine divestiture as a negative signal.

Market Snapshot

Price
$648.18
Change
-1.3%
Volume
15.6M
Exchange
Nasdaq
Analyst Consensus
90% bullish (72 analysts)

Investment Themes

Artificial IntelligenceStreaming & Digital Media

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-META-1772235409927
105 reports for META
Performance horizon
61% Hit rate 14 of 23 directional calls best @ T+20▲ +27.85%Aug 26, 2026
Filters
Rows
Reports for META — sortable, filterable
TypeNow
Sep 15, 2026
17d ago
144
NEUTRAL ★ 2/10
$670.24 $665.75▼ −0.67%▼ −1.49%$725.93 (+8.31%)
Sep 14, 2026
18d ago
144
NEUTRAL ★ 2/10
$665.60 $741.25▲ +11.36%▲ +11.26%$725.93 (+9.06%)
Sep 11, 2026
21d ago
Court Ruling
NEUTRAL ★ 3/10
$648.03 $665.75▲ +2.73%▲ +2.96%$725.93 (+12.02%)
Sep 11, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$648.03 $665.75▲ +2.73%▲ +2.96%$725.93 (+12.02%)
Sep 10, 2026
21d ago
Press Release
NEUTRAL ★ 2/10
$648.03 $665.75▲ +2.73%▲ +2.96%$725.93 (+12.02%)
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$648.03 $665.75▲ +2.73%▲ +2.96%$725.93 (+12.02%)
Sep 10, 2026
22d ago
Court Ruling
NEUTRAL ★ 2/10
$644.38 $682.31▲ +5.89%▲ +6.39%$725.93 (+12.66%)
Sep 9, 2026
23d ago
144
NEUTRAL ★ 3/10
$653.69 $676.78▲ +3.53%▲ +3.87%$725.93 (+11.05%)
Sep 8, 2026
24d ago
Court Ruling
NEUTRAL ★ 1/10
$613.48 $670.24▲ +9.25%▲ +10.37%$725.93 (+18.33%)
Sep 1, 2026
4w ago
Court Ruling
BEARISH ★ 6/10
$578.54 $653.69▼ −12.99%▼ −12.91%$725.93 (−25.48%)
Showing 10 of 105

US Market Status

Market Closed — Opens in 1m

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Report published Feb 27, 2026