Texas Roadhouse earnings missed by $0.05, revenue topped estimates
Mark Zuckerberg, COB and CEO of Meta Platforms Inc (NASDAQ:META), sold a total of $12.2 million in Class A Common Stock on August 5, 2025. The sales were executed in multiple transactions with prices ranging from $763.8631 to $782.4121. The stock has shown remarkable strength, trading near its 52-week high of $784.75, with Meta’s market capitalization now reaching $1.94 trillion. InvestingPro analysis shows the company maintains a "GREAT" financial health score, with 16 additional bullish indicators available to subscribers.
The sales involved a total of 12,259 shares of Meta Platforms Inc. Class A Common Stock, and were made 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 to Class A Common Stock.
In other recent news, Meta Platforms has reported significant developments that could impact investor considerations. The company has been noted for its exceptional second-quarter 2025 performance, with impressive revenue and profit growth exceeding optimistic expectations. This was largely due to a recovery in advertising pricing, increased user engagement, and the widespread adoption of AI tools, according to Freedom Broker, which downgraded Meta from Buy to Hold despite raising its price target to $800. Loop Capital has also adjusted its outlook, increasing Meta’s stock price target to $980, citing meaningful revenue growth acceleration and a strong financial outlook. Additionally, Meta is exploring partnerships with AI startups like Pika and Higgsfield, focusing on video creation and editing, potentially expanding its AI capabilities further. On the product front, Meta has introduced new Instagram features aimed at enhancing user connections through content sharing and location functionalities. These updates include a repost function that allows users to share public reels and feed posts, giving credit to original creators and potentially expanding their reach.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.