Rep. Matthew Robert Van Epps Unloads Shares of Meta Platforms, Inc. (NASDAQ:META)

Representative Matthew Robert Van Epps (Republican-Tennessee) recently sold shares of Meta Platforms, Inc. (NASDAQ:META). In a filing disclosed on June 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Meta Platforms stock on June 16th. The trade occurred in the Representative’s “SCHWAB ONE ACCOUNT” account.

Representative Matthew Robert Van Epps also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Southwest Airlines (NYSE:LUV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/16/2026.
• Sold $15,001 – $50,000 in shares of Tapestry (NYSE:TPR) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of ExxonMobil (NYSE:XOM) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of GE Vernova (NYSE:GEV) on 6/16/2026.
• Sold $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 6/16/2026.

Meta Platforms Trading Down 0.9%

Shares of META traded down $4.78 during mid-day trading on Thursday, reaching $552.89. 4,176,656 shares of the company’s stock traded hands, compared to its average volume of 16,199,609. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. The stock’s 50-day moving average is $617.09 and its two-hundred day moving average is $632.24. Meta Platforms, Inc. has a 12 month low of $520.26 and a 12 month high of $796.25. The stock has a market cap of $1.40 trillion, a P/E ratio of 20.20, a P/E/G ratio of 1.00 and a beta of 1.23.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.67 by $3.77. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The company had revenue of $56.31 billion during the quarter, compared to analysts’ expectations of $55.56 billion. During the same quarter in the previous year, the business earned $6.43 EPS. Meta Platforms’s revenue was up 33.1% compared to the same quarter last year. Research analysts forecast that Meta Platforms, Inc. will post 29.35 earnings per share for the current fiscal year.

Meta Platforms Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, June 15th. Meta Platforms’s payout ratio is 7.63%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Meta Platforms from $770.00 to $765.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Erste Group Bank cut Meta Platforms from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Arete Research set a $735.00 price target on Meta Platforms and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Rosenblatt Securities restated a “buy” rating and set a $1,015.00 price target on shares of Meta Platforms in a research note on Thursday, May 28th. Finally, TD Cowen lowered their price objective on shares of Meta Platforms from $820.00 to $800.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $840.60.

Meta Platforms News Summary

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

• Positive Sentiment: Meta’s ad business remains strong, with recent commentary highlighting 33% year-over-year revenue growth and improving AI-driven monetization from tools like Value Optimization, business AI, and shopping features. Meta: An Inconvenient Truth The Market Hasn’t Priced In Before Q2
• Positive Sentiment: Meta announced cheaper AI smart glasses starting at $299, supporting its push into wearables and potentially broadening consumer adoption. Meta debuts new, cheaper smart glasses under its own brand
• Positive Sentiment: Qualcomm said Meta will be a major customer for its Dragonfly data center CPU, adding another signal that Meta is investing heavily in AI infrastructure and next-generation compute. Qualcomm announces AI data center CPU, signs Meta as first major customer
• Neutral Sentiment: Meta is reportedly building a prediction markets app and expanding creator-focused AI tools, but these are still early-stage initiatives with unclear near-term financial impact. Meta Has Created a Prediction Markets App
• Negative Sentiment: Investors are worried about Meta’s heavier capital spending plans, with 2026 CapEx raised to $125 billion-$145 billion, which could pressure free cash flow in the near term even if it supports long-term AI growth. Meta: An Inconvenient Truth The Market Hasn’t Priced In Before Q2
• Negative Sentiment: Regulatory scrutiny remains a drag, including an EU probe into addictive design features for kids and U.S. pressure for Meta to allow AI model reviews. US presses Meta to agree to AI reviews as security concerns rise, NYT reports

Insider Activity

In other news, COO Javier Olivan sold 2,778 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $629.45, for a total transaction of $1,748,612.10. Following the sale, the chief operating officer directly owned 10,557 shares of the company’s stock, valued at $6,645,103.65. This represents a 20.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 value of $5,589,088.80. Following the completion of the transaction, the chief financial officer owned 13,186 shares of the company’s stock, valued at approximately $8,014,978.24. This represents 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. In the last ninety days, insiders have sold 39,013 shares of company stock worth $24,115,999. 13.53% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Meta Platforms

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First National Bank Sioux Falls raised its holdings in shares of Meta Platforms by 0.7% in the fourth quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after buying an additional 14 shares during the last quarter. Levin Capital Strategies L.P. lifted its position in Meta Platforms by 1.4% during the 4th quarter. Levin Capital Strategies L.P. now owns 984 shares of the social networking company’s stock worth $649,000 after acquiring an additional 14 shares during the period. Vista Capital Partners Inc. grew its stake in Meta Platforms by 1.3% during the 2nd quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company’s stock valued at $794,000 after purchasing an additional 14 shares during the last quarter. Arcataur Capital Management LLC boosted its holdings in shares of Meta Platforms by 0.9% in the 4th quarter. Arcataur Capital Management LLC now owns 1,736 shares of the social networking company’s stock valued at $1,146,000 after acquiring an additional 15 shares during the last quarter. Finally, Acorn Creek Capital LLC raised its stake in shares of Meta Platforms by 0.7% during the 4th quarter. Acorn Creek Capital LLC now owns 2,118 shares of the social networking company’s stock valued at $1,398,000 after buying an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Van Epps

Matthew Robert Van Epps (born March 29, 1983) is an American politician and former Army officer serving as the U.S representative for Tennessee’s 7th congressional district since December 2025. A member of the Republican Party, he was elected in the 2025 special election. He previously served as the commissioner of the Tennessee Department of General Services from 2024 to 2025. He was sworn in on December 4, 2025.

Meta Platforms Company Profile

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.