Fubotv earnings beat by $0.10, revenue topped estimates
Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg sold a total of $1.69 million in Class A Common Stock on July 2, 2025. The sales were executed in multiple transactions with prices ranging from $713.6164 to $719.3989 per share, near the stock’s 52-week high of $747.90. The company, currently valued at $1.79 trillion, maintains a "GREAT" financial health score according to InvestingPro analysis.
The transactions involved the sale of 2351 shares of META Class A Common Stock, indirectly held by the Chan Zuckerberg Initiative Foundation.
Following these transactions, the Chan Zuckerberg Initiative Foundation continues to hold a significant number of Meta Platforms Class A shares. Zuckerberg also holds a substantial amount of Class B Common Stock through various entities.
In other recent news, Meta Platforms has seen a significant increase in its stock price target, with Baird raising it from $635 to $740 while maintaining an Outperform rating. This comes after Meta’s "Conversations" event, which showcased AI-powered products and tighter integration with the Advantage+ advertising platform, potentially unlocking substantial messaging revenues. Baird estimates that the monetization opportunity could reach approximately $40-50 billion by 2030. Meanwhile, Meta faces potential fines from the European Commission if its revised ad model does not comply with the Digital Markets Act, although Cantor Fitzgerald maintains an Overweight rating with an $807 price target. Despite these regulatory challenges, Cantor Fitzgerald believes Meta can navigate the situation with minimal disruption.
In other developments, Meta has introduced direct messaging capabilities to its Threads platform, initially limited to certain users, with plans for expansion. The company is also enhancing its WhatsApp platform with centralized marketing campaigns and AI support, allowing businesses to manage strategies across Meta’s platforms. Additionally, new communication options are being added to the WhatsApp Business Platform, including calls and voice messages, setting the stage for future AI-enabled voice support. These updates reflect Meta’s ongoing efforts to enhance its platforms and expand business functionalities.
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