The Meta insider alerts are timely notifications that present a clear idea to investors about the status of Meta Platforms, Inc. These pieces of information are relevant factors that serve as helpful insight for investors before making their final decision about buying stocks on Meta or not.
Wisely, the alerts from the Meta insider trading activity can help predict a more accurate next stock price movement. There are different easy ways to access Meta insider alerts, such as signing up for a service.
In the meantime, take a short glimpse of the recent Meta insider trading activity and more below.
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Meta recent insider trading activity
1. On 08/30/2022, Meta Platforms Inc.’s Chief Legal Officer, Newstead Jennifer, sold 342 shares at the average share price of $160.24 for a total transaction amount of $54,802.
2. On 08/23/2022, Meta Platforms Inc.’s Chief Legal Officer, Newstead Jennifer, sold 342 shares at the average share price of $162.48 for a total transaction amount of $55,568.
3. On 08/15/2022, Meta Platforms Inc.’s CFO, Wehner David M., sold 1,222 shares at the average share price of $180.5 for a total transaction amount of $220,571.
4. On 08/15/2022, Meta Platforms Inc.’s CAO, Taylor Susan J.S., sold 1,421 shares at the average share price of $179.31 for a total transaction amount of $254,800.
5. On 08/15/2022, Meta Platforms Inc.’s Chief Legal Officer, Newstead Jennifer, sold 669 shares at the average share price of $179.31 for a total transaction amount of $119,958.
Status of the insider trading activity
The status of the recent Meta insider trading activity is best described as a bearish trading activity. This means that the insiders are more on selling their stocks than buying more. The status means that there is a little more negative news about the stock price movement on Meta.
All five insider transactions stated above are about selling stocks, which is undeniably a bearish trading activity. Nonetheless, it doesn’t mean that the company is really in a negative state. Often, insiders have personal reasons for their trading activities that are not relevant to the company.
Which insiders are active in selling stocks?
The insiders who are active in selling their stocks include Chief Legal Officer Newstead Jennifer, CTO Bosworth Andrew, and President of Global Affairs Clegg Nicholas. The selling transaction often involves hundreds to thousands of shares. Meanwhile, the total amount of transactions made started at $54,802.
The recent number of insider shares traded
Within the last 3 months, the number of shares bought in Meta Platforms, Inc. is 83,141. Meanwhile, there have been 162,122 shares that are sold. Because of those insider trading activities, there have been 245,263 total shares traded in the company. At the same time, they caused a net activity of 78,981.
Insiders who have the largest holdings
The Meta insiders with the largest holdings of stocks in the company include Bosworth Andrew, Olivan Javier, Wehner David M., Newstead Jennifer, Levine Marne L., Clegg Nicholas, and the list goes on. They are the insiders that have a hundred thousand and more shares owned.
