Meta Stock Falls as CPO Sells $13M and Analysts Question Muse Agent
TLDR
- Meta stock fell about 1% to around $640 early Monday, erasing Friday’s gains
- Chief Product Officer Christopher Cox sold 20,000 META stock worth ~$13 million on September 9
- COO Javier Olivan and CAO Aaron Anderson also sold stock recently, totaling millions more
- Wedbush and Oppenheimer both held cautious stances on Muse Agent’s financial upside
- Wall Street still rates META a Strong Buy, with an average price target of $759.43, implying ~17% upside
Meta stock slipped roughly 1% to around $640 in pre-market trading Monday, reversing a 0.57% gain from the prior session.
The move followed a regulatory filing showing Christopher Cox, Meta’s Chief Product Officer, sold 20,000 shares on September 9 for approximately $13 million. The transactions were carried out under a Rule 10b5-1 trading plan Cox adopted back in May 2026.
Cox sold 18,578 shares at a weighted average of $650.21 and another 1,422 shares at $651.15. After the sales, he still holds 244,516 shares through a revocable trust and 55,046 through an irrevocable remainder trust.
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
