Rep. Dan Crenshaw Unloads Shares of Meta Platforms, Inc. (NASDAQ:META)

Posted by Jessica Moore on Jul 21st, 2026

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

Meta Platforms stock opened at $645.85 on Tuesday. The business has a fifty day moving average price of $604.11 and a 200-day moving average price of $626.63. The firm has a market capitalization of $1.63 trillion, a P/E ratio of 23.48, a PEG ratio of 1.14 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.35 and a quick ratio of 2.35. Meta Platforms, Inc. has a one year low of $520.26 and a one year high of $796.25.

Meta Platforms (NASDAQ:META – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The social networking company reported $10.44 EPS for the quarter, beating the consensus estimate of $6.67 by $3.77. Meta Platforms had a net margin of 32.84% and a return on equity of 36.93%. The firm had revenue of $56.31 billion during the quarter, compared to the consensus estimate of $55.56 billion. During the same period last year, the firm earned $6.43 EPS. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. As a group, equities research analysts forecast that Meta Platforms, Inc. will post 29.46 EPS for the current year.

Meta Platforms Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Susquehanna upgraded Meta Platforms from a “positive” rating to a “positive” rating in a research report on Tuesday, June 2nd. Arete Research set a $735.00 price objective on Meta Platforms and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Citizens Jmp reduced their target price on shares of Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a research report on Friday, July 10th. Cantor Fitzgerald lowered their price target on shares of Meta Platforms from $850.00 to $750.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Barclays raised their target price on shares of Meta Platforms from $800.00 to $830.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Five analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $830.45.

Read Our Latest Research Report on Meta Platforms

Insider Activity at Meta Platforms

In other news, insider Curtis J. Mahoney sold 2,079 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $609.92, for a total transaction of $1,268,023.68. Following the completion of the transaction, the insider directly owned 1,118 shares of the company’s stock, valued at $681,890.56. This represents a 65.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Susan J. Li sold 9,195 shares of the firm’s 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 $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 37,948 shares of company stock worth $23,184,319 over the last ninety days. 13.53% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Meta Platforms

Institutional investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co increased its stake in shares of Meta Platforms by 76,587.7% during the fourth quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after acquiring an additional 105,154,977 shares during the period. Norges Bank acquired a new stake in shares of Meta Platforms in the fourth quarter worth $22,152,075,000. Vanguard Group Inc. lifted its stake in Meta Platforms by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after purchasing an additional 7,269,279 shares during the period. Corient Private Wealth LLC grew its stake in Meta Platforms by 488.1% during the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock worth $3,608,445,000 after buying an additional 4,537,076 shares during the last quarter. Finally, State Street Corp raised its position in Meta Platforms by 5.1% in the 4th quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after purchasing an additional 4,395,763 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms News Summary

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

Positive Sentiment: Meta is gaining attention for potentially turning unused GPU capacity and new data centers into a cloud/compute business, which could create a fresh revenue stream and improve margins over time. Meta Platforms: Vertical Integration Is The Play – Reiterating Strong Buy (Earnings Preview)
Positive Sentiment: Reports that Anthropic could become a multi-billion-dollar Meta customer are fueling hopes that Meta can monetize its AI infrastructure investment faster than Wall Street expected. Meta Stock’s Rebound Made Mark Zuckerberg the World’s Fifth-Richest Person at $222 Billion
Positive Sentiment: Bank of America said Meta’s upcoming earnings could beat estimates thanks to healthy ad demand and AI-driven performance improvements, reinforcing optimism ahead of results. Meta Platforms expected to top earnings estimates as ad growth remains healthy, says BofA
Positive Sentiment: BlackRock’s financing of new Meta data centers in Texas signals external support for the company’s capital buildout and AI expansion plans. BlackRock Leads $12 Billion Financing for New Meta Data Centers in Texas
Neutral Sentiment: Several articles highlighted Meta’s AI strategy, compute-provider ambitions, and “multiple paths” to benefit from the AI boom, but these are mostly thesis pieces rather than new hard catalysts. Zuckerberg Is Quietly Turning Meta Into A Compute Provider Ahead Of Q2 Earnings
Negative Sentiment: Meta faces a Tennessee trial over allegations that Instagram was designed to be addictive and harmed teen mental health, adding legal risk and potential reputational pressure. Meta faces Tennessee trial over allegations Instagram was designed to be addictive
Negative Sentiment: Michael Burry’s warning about “hidden debt” at big tech could weigh on sentiment toward Meta and other megacap tech names, even though it is a broad sector concern rather than Meta-specific news. ‘Big Short’ Michael Burry sounds alarm on big tech’s $1.6 trillion hidden debt

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

(Get Free Report)

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.