SoFi CEO enters prepaid forward contract on 1.5 million shares
Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg sold a total of $12.1 million worth of Class A Common Stock on August 4, 2025. The sales were executed in multiple transactions with prices ranging from $759.5135 to $776.2544. The stock, currently trading at $771.99, sits near its 52-week high of $784.75, reflecting Meta’s strong market position with a $1.94 trillion market capitalization. InvestingPro analysis shows the company maintains an impressive 82% gross profit margin and excellent financial health.
According to a Form 4 filing with the Securities and Exchange Commission, the sales involved a total of 9,725 shares. These sales were conducted by CZI Holdings, LLC, pursuant to a Rule 10b5-1 trading plan adopted by Zuckerberg on February 1, 2025.
On the same day, Zuckerberg also converted 15,847 shares of Class B Common Stock into Class A Common Stock. The conversion price was $0, with a total value of $0.
Following these transactions, Zuckerberg continues to hold a significant number of Meta Platforms shares, both directly and indirectly through various entities.
In other recent news, Meta Platforms has been active with several developments that may interest investors. The company reported an exceptional second-quarter 2025 performance, with revenue and profit growth exceeding expectations due to a recovery in advertising pricing and increased user engagement. This strong performance led Freedom Broker to downgrade Meta’s stock rating from Buy to Hold, despite raising its price target to $800.00. Meanwhile, Loop Capital raised its price target for Meta to $980.00, maintaining a Buy rating, driven by meaningful revenue growth acceleration and a strong outlook.
Meta is also exploring partnerships with AI startups like Pika and Higgsfield to enhance its video creation and editing capabilities, potentially through acquisitions or licensing agreements. Additionally, Meta has introduced new Instagram features to improve user connections, including a repost function for sharing public reels and feed posts. These features aim to expand the reach of original content creators to new audiences. Overall, these recent developments highlight Meta’s focus on leveraging AI and improving user engagement to drive growth.
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