Meta platforms CEO Zuckerberg sells $12.4m in shares

Published 14/08/2025, 01:34
Meta platforms CEO Zuckerberg sells $12.4m in shares

Meta Platforms NASDAQ:META CEO Mark Zuckerberg sold 10,761 shares of Class A Common Stock on August 12, 2025, for approximately $12.4 million. The sales were executed in multiple transactions with prices ranging from $773.45 to $793.3053. The stock is currently trading near its 52-week high of $795.46, with Meta’s market value reaching $1.96 trillion. The company has demonstrated strong performance with a 33.45% return year-to-date.

The shares were sold indirectly through CZI Holdings, LLC, and the transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 1, 2025. According to InvestingPro, Meta maintains a "GREAT" financial health score, with 15+ additional exclusive insights available to subscribers.

On the same day, Zuckerberg also converted 15,847 shares of Class B Common Stock into Class A Common Stock.

In other recent news, Meta Platforms has been the focus of several analyst updates and company developments. Loop Capital has increased its price target for Meta Platforms to $980, citing significant revenue growth acceleration and a strong outlook. Conversely, Freedom Broker downgraded Meta from Buy to Hold, despite raising the price target to $800, due to exceptional performance in the second quarter of 2025, marked by impressive revenue and profit growth. Cantor Fitzgerald maintained its Overweight rating with a price target of $920, projecting a substantial increase in capital expenditure and depreciation expenses over the next few years. Meta Platforms is also introducing new Instagram features aimed at enhancing user connections through content sharing and location features. These updates include a repost function that credits original creators, potentially increasing their audience reach. Meanwhile, in other global developments, Russian authorities are moving to restrict calls on Telegram and WhatsApp, following the introduction of a state-backed messaging application.

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