Meta CEO Mark Zuckerberg sells shares price $14.2 million

Mark Zuckerberg, CEO and Chairman of Meta Platforms Inc. (NASDAQ:META), executed a sequence of inventory gross sales on December 10, 2024, totaling roughly $14.2 million. The gross sales concerned Class A standard inventory and had been carried out by way of CZI Holdings, LLC, underneath a pre-established buying and selling plan. The shares had been offered at costs starting from $613.32 to $625.39 per share, close to the inventory’s 52-week excessive of $638.40. Meta’s inventory has proven exceptional energy, delivering a virtually 90% return over the previous yr.

Along with these transactions, the Chan Zuckerberg Initiative Basis additionally offered shares price about $8 million. These gross sales had been executed at costs between $613.78 and $624.44 per share. With a market capitalization of $1.6 trillion, Meta maintains robust monetary well being, as indicated by InvestingPro evaluation.

Zuckerberg’s transactions had been a part of a broader technique involving a number of entities, with the shares being held and managed by way of numerous trusts and foundations. Regardless of the gross sales, Zuckerberg retains important holdings in Meta by way of his numerous entities. In accordance with InvestingPro knowledge, Meta at present seems pretty valued, with spectacular gross revenue margins of 81.5% and 12 extra key insights out there to subscribers.

In different current information, Meta Platforms and Alphabet (NASDAQ:GOOGL) Inc’s Google have lately been within the highlight. Piper Sandler’s PSC 2025 Advert Purchaser Survey revealed a constructive outlook for the digital promoting trade, with Meta demonstrating spectacular income development of 23% during the last twelve months. Google’s AI merchandise, Gemini and Efficiency Max, had been recognized as having important potential to drive incremental spending in 2025. Moreover, Meta’s monetary well being rating stays robust, with sturdy money flows and a market capitalization of $1.55 trillion.

On the authorized entrance, European regulators are investigating a discontinued promoting collaboration between Google and Meta, which was aimed toward focusing on youngsters. Regardless of the termination of the undertaking, the European Fee continues to scrutinize the small print.

Piper Sandler has raised its goal for Meta shares, acknowledging the corporate’s spectacular earnings outcomes for 2024 and developments in AI. The agency additionally famous a difficult year-over-year comparability for Meta within the first half of 2025, resulting in a slight adjustment in estimates.

In distinction, Truist Securities maintains a Purchase ranking on Amazon (NASDAQ:AMZN) shares, predicting report highs in U.S. e-commerce and digital promoting spending. The agency’s evaluation means that Amazon’s U.S. Income is monitoring at or barely above the present consensus estimate of $114.5 billion for the fourth quarter of 2024.

Lastly, a U.S. appeals court docket upheld laws mandating ByteDance to promote TikTok, a ruling which will affect Meta’s opponents. Meta Platforms additionally introduced a $0.50 quarterly dividend and plans to assemble a fiber-optic subsea cable encircling the globe, marking a big transfer to take management of its web infrastructure. These are the most recent developments in these firms.

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