Trump to nominate CEA Chair Miran for Fed governor role
Mark Zuckerberg, CEO and Chairman of Meta Platforms, Inc. (NASDAQ:META), recently executed significant stock transactions. The company, now valued at $1.84 trillion, has seen its stock surge 58% over the past year, trading near its 52-week high of $727.10. On February 12, 2025, Zuckerberg sold a total of 14,134 shares of Meta’s Class A Common Stock through CZI Holdings, LLC. These shares were sold at prices ranging from $714.15 to $726.70, totaling approximately $14.19 million. According to InvestingPro data, META maintains excellent financial health with strong profitability metrics and impressive gross profit margins of 82%.
The transactions were part of a Rule 10b5-1 trading plan that Zuckerberg adopted in August 2024. Following these sales, Zuckerberg retains indirect ownership of 141,000 shares through the Chan Zuckerberg Initiative Foundation, among other holdings. For deeper insights into insider transactions and comprehensive financial analysis, check out META’s detailed Pro Research Report, available exclusively on InvestingPro, along with 18 additional key insights about the company.
In other recent news, Meta, the tech giant, has been making significant strides. The company has experienced a remarkable 17-day winning streak, outperforming the rest of the Magnificent 7 stocks, according to Sam North, a market analyst at eToro. Meta’s surge is attributed to three main factors: artificial intelligence (AI), digital ads, and cost-cutting. The company’s recent announcement of performance-based layoffs, which will reduce its workforce by 5%, has been positively received by investors.
In addition, Meta is reportedly in negotiations to acquire South Korean AI chip startup FuriosaAI, a move that could further strengthen its position in the AI market. On the financial front, Tigress Financial Partners has raised its 12-month price target for Meta to $935 and maintained a Strong Buy rating, highlighting the company’s advancements in AI and its impact on user engagement and advertising efficacy.
Despite these positive developments, Meta’s planned layoffs have raised some eyebrows. The company plans to conduct company-wide layoffs while simultaneously speeding up the hiring process for machine learning engineers. These are recent developments that investors should be aware of as they consider their position with Meta.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.