SoFi CEO enters prepaid forward contract on 1.5 million shares
Mark Zuckerberg, CEO of Meta Platforms (NASDAQ:META), sold a total of $12.2 million in Class A Common Stock on August 6, 2025. The sale comes as META trades near its 52-week high of $784.75, with the stock delivering an impressive 58.44% return over the past year. According to InvestingPro analysis, META currently appears slightly overvalued at its current market capitalization of $1.94 trillion. The sales, executed by CZI Holdings, LLC, occurred at weighted average prices ranging from $761.2843 to $773.45 per share.
The transactions involved the sale of 12,181,035 worth of Meta Platforms shares. Specifically, 680 shares were sold at an average price of $761.2843, 500 shares at $762.2573, 781 shares at $763.5127, 781 shares at $764.3994, 1090 shares at $765.5161, 1317 shares at $766.6448, 1047 shares at $767.7130, 1240 shares at $769.2164, 2143 shares at $770.2376, 3656 shares at $771.2749, 2522 shares at $772.0921 and 90 shares at $773.45. InvestingPro data shows META maintains a "GREAT" financial health score, with 16 additional ProTips available for subscribers.
On the same day, Zuckerberg also converted 15,847 shares of Class B Common Stock into Class A Common Stock. The shares are held indirectly by CZI Holdings, LLC, of which Zuckerberg is the sole member. For comprehensive analysis of META’s valuation and future prospects, access the detailed Pro Research Report available exclusively on InvestingPro.
In other recent news, Meta Platforms reported impressive revenue and profit growth for the second quarter of 2025, surpassing optimistic expectations. This performance was largely due to a recovery in advertising pricing, increased user engagement, and the widespread adoption of AI tools. Loop Capital responded to these results by raising its price target for Meta to $980, maintaining a Buy rating due to the company’s meaningful revenue growth acceleration and strong outlook. Conversely, Freedom Broker downgraded Meta from Buy to Hold, despite increasing its price target to $800, reflecting a more cautious stance.
Additionally, Meta is actively exploring partnerships with AI startups like Pika and Higgsfield to expand its capabilities in video creation and editing. These discussions include potential acquisitions or licensing agreements, indicating Meta’s interest in enhancing its AI offerings. Furthermore, Meta has introduced new Instagram features aimed at improving user connections through content sharing and location features, including a repost function to credit original creators. These developments highlight Meta’s ongoing efforts to innovate and expand its technological capabilities.
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