Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
Mark Zuckerberg, COB and CEO of Meta Platforms, Inc. (NASDAQ:META), indirectly sold 15,812 shares of Class A Common Stock on August 1, 2025, for a total of $11.9 million. The sales were executed at prices ranging from $750.3653 to $764.1373. The transaction comes as META trades near its 52-week high of $784.75, with the stock delivering an impressive 60% return over the past year. According to InvestingPro data, META maintains a GREAT financial health score, supported by strong fundamentals.
The shares were sold indirectly through CZI Holdings, LLC, pursuant to a Rule 10b5-1 trading plan adopted on February 1, 2025.
On the same day, Zuckerberg also converted 412,854 shares of Class B Common Stock to Class A Common Stock. These shares are held indirectly by CZI Holdings, LLC. Zuckerberg continues to hold 159,728,286 Class B Common Stock indirectly.
In other recent news, Amazon (NASDAQ:AMZN) reported second-quarter 2025 revenue that surpassed consensus estimates by $5.5 billion, marking a 3% increase. The company’s third-quarter 2025 revenue guidance midpoint also exceeded expectations by 2%. Citizens JMP analyst Andrew Boone has reiterated a Market Outperform rating for Amazon, with a price target set at $285.00. Meanwhile, Meta Platforms is actively exploring partnerships with AI startups Pika and Higgsfield to enhance its video creation and editing capabilities. Discussions include potential acquisitions or licensing agreements. Additionally, Benchmark has increased its price target for Meta Platforms to $890.00 from $800.00, maintaining a Buy rating, following strong second-quarter earnings. JPMorgan also raised its price target for Meta to $875.00 from $795.00, citing accelerated revenue growth driven by AI engagement and advertising improvements. Furthermore, CoreWeave has seen a 14% rise in its stock, benefiting from Meta and Microsoft (NASDAQ:MSFT)’s increased AI spending plans.
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