Mark Zuckerberg sells $30.1 million in Meta Platforms stock

Mark Zuckerberg, the Chairman and CEO of Meta Platforms, Inc. (NASDAQ:META), recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Zuckerberg disposed of shares valued at approximately $30.1 million on February 5, 2025. The sale comes as Meta’s stock trades near its 52-week high of $718.14, with the company’s market capitalization reaching $1.78 trillion.

The shares were sold at prices ranging from $700.47 to $717.59 each. These transactions were executed under a prearranged trading plan adopted on August 9, 2024, by CZI Holdings, LLC, an entity through which Zuckerberg holds shares. Following these sales, Zuckerberg’s indirect ownership of Meta’s Class A Common Stock was reduced, with only 200 shares remaining under CZI Holdings, LLC. According to InvestingPro, Meta maintains impressive gross profit margins of 81.7% and shows strong financial health metrics.

Additionally, the filing reported a conversion of 42,614 shares of Class B Common Stock into Class A Common Stock, although this transaction did not involve any monetary exchange. The Class B shares are convertible into Class A shares on a 1-for-1 basis.

Zuckerberg remains a pivotal figure in Meta Platforms, continuing to hold substantial influence over the company through various entities, including the Mark Zuckerberg Trust and Chan Zuckerberg Holdings.

In other recent news, ByteDance’s sale of TikTok is awaiting approval from the Chinese government, a move that could significantly impact US operations. Meanwhile, Meta Platforms Inc. is making headlines as it resists the European Union’s AI Code of Practice, with Joel Kaplan, head of global affairs, declaring the code as "unworkable and infeasible."

On the other hand, Meta’s Chief Technology Officer, Andrew Bosworth, has outlined 2025 as a pivotal year for the company’s ventures into the metaverse. This announcement comes amidst internal changes within Meta’s Reality Labs division and the company’s record revenue of $1.08 billion for the fourth quarter, despite a substantial operating loss.

In another development, Meta Platforms is considering Texas as a potential location for its incorporation move, a move that would not involve relocating the company’s corporate headquarters.

Finally, UBS analyst Stephen Ju has raised the stock price target for Meta Platforms Inc. to $786 from $736, citing expectations that the company will surpass revenue and earnings estimates for 2025. This projection is based on the company’s recent guidance, budget announcements, and potential for accelerated ad revenue growth.

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