JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Meta Platforms (NASDAQ:META), now a $1.96 trillion tech giant trading near its 52-week high of $795.46, saw COB and CEO Mark Zuckerberg, via CZI Holdings, LLC, sell 15,818 shares of Class A Common Stock on August 11, 2025, according to a new SEC filing. The sales, executed under a pre-arranged Rule 10b5-1 trading plan, resulted in proceeds of approximately $12.2 million. According to InvestingPro, META has delivered impressive returns of 48.6% over the past year.
The shares were sold in multiple transactions with prices ranging from $765.3947 to $772.7094. Specifically, 1,157 shares were sold at a weighted average price of $765.3947, totaling $885,659. 1,397 shares were sold at a weighted average price of $766.6281, totaling $1,070,980. An additional 2,934 shares were sold at a weighted average price of $767.8940, totaling $2,252,897. Also, 2,776 shares were sold at a weighted average price of $768.7521, totaling $2,134,021. Furthermore, 2,171 shares were sold at a weighted average price of $769.8262, totaling $1,671,392. Moreover, 1,747 shares were sold at a weighted average price of $770.9555, totaling $1,346,829. In addition to that, 2,705 shares were sold at a weighted average price of $771.8145, totaling $2,087,669. Finally, 960 shares were sold at a weighted average price of $772.7094, totaling $741,799.
On the same day, Zuckerberg also converted 15,847 shares of Class B Common Stock to Class A Common Stock. With META’s Financial Health Score rated as GREAT on InvestingPro, which offers comprehensive analysis and 15+ additional ProTips for this prominent tech stock, investors can access detailed insights about the company’s valuation and growth prospects through the platform’s exclusive Pro Research Report.
In other recent news, Meta Platforms has been the focus of several analyst updates and company developments. Loop Capital increased its price target for Meta to $980, citing significant revenue growth and a strong outlook, while maintaining a Buy rating. Cantor Fitzgerald reiterated its Overweight rating with a price target of $920, anticipating a notable rise in capital expenditures and depreciation expenses over the coming years. Conversely, Freedom Broker downgraded Meta from Buy to Hold, despite raising its price target to $800, following Meta’s robust second-quarter 2025 performance driven by advertising and AI advancements.
Meta is also enhancing its Instagram platform with new features aimed at improving user connections. The update introduces a repost function that allows users to share content with followers, potentially broadening the reach of original creators. These recent developments reflect Meta’s ongoing strategic focus on expanding user engagement and leveraging AI for growth. Meanwhile, in a separate development, Russian authorities are moving to restrict calls on messaging apps like Telegram and WhatsApp, following new legislation supporting a state-backed messaging service.
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