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Meta Shares Sold as Price Target Hits $900

10/6/2025

28 6 Full Breakdown

Summary

Story summary

White Pine Investment CO reduced its Meta holding 1.8% to 16,171 shares, worth $11.94 million.
Christopher K. Cox sold 60,000 Meta shares on August 5 for $46.56 million, cutting ownership 20.19%.
Susan J. Li sold 18,332 Meta shares on August 18 for $14.02 million, reducing her stake 17.89%.
JMP Securities raised Meta's price target to $900.
Institutional investors own 79.91% of Meta.

History

Historical Context

Facebook, Inc. went public on May 18, 2012, raising $16 billion in an IPO that valued the company at over $104 billion, the largest for a tech firm at that time. Institutional investors like Vanguard and BlackRock acquired significant stakes, reflecting a shift in tech ownership dynamics. This event marked a pivotal moment in corporate governance and investment strategies within the technology sector.

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Story summary

White Pine Investment CO reduced its Meta holding 1.8% to 16,171 shares, worth $11.94 million.
Christopher K. Cox sold 60,000 Meta shares on August 5 for $46.56 million, cutting ownership 20.19%.
Susan J. Li sold 18,332 Meta shares on August 18 for $14.02 million, reducing her stake 17.89%.
JMP Securities raised Meta's price target to $900.
Institutional investors own 79.91% of Meta.

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