Mark Zuckerberg is selling $14.1 million worth of Meta shares to Investing.com
Mark Zuckerberg, CEO of Meta Platforms, Inc. (NASDAQ:META), made a number of stock transactions on January 15, 2025, according to a recent filing with the SEC. The transactions involved the sale of Class A common stock totaling approximately $14.1 million. Shares traded in a range of $607.59 to $622.21 per share, near a 52-week high of $638.40. The sale was conducted by CZI Holdings, LLC, under a trading plan established in August 2024. Meta shares have shown incredible strength, returning 68% over the past year.
In addition, the Chan Zuckerberg Initiative Foundation also reported sales of shares totaling approximately $7.99 million, with prices ranging between $607.47 and $621.18 per share. These transactions were part of the trading plan adopted in August 2024. According to InvestingProMeta maintains impressive gross profit margins of 81.5% and boasts a market cap of $1.56 trillion.
Zuckerberg’s stock transactions reflect strategic financial maneuvers within the framework of predetermined trading plans. Despite these sales, Zuckerberg retains significant stakes in Meta Platforms through various entities. InvestingPro analysis reveals 14 additional key insights about Meta’s financial health and valuation, available in a comprehensive Pro Research Report.
In other recent news, Snap Inc (NYSE:). and Meta Platforms Inc (NASDAQ: ). face potential competitive challenges due to developments around TikTok. President-elect Donald Trump is considering an executive order to delay the implementation of legislation requiring the sale or ban of TikTok, a move that could keep TikTok as a significant competitor in the social media sector. This uncertainty has contributed to investor anxiety, as reflected in recent declines in Snap and Meta shares. Meanwhile, Meta experienced a service outage with its photo-sharing app, Instagram, affecting thousands of users across the US, as reported by Downdetector.com.
In the analyst corner, Piper Sandler expressed mixed feelings about Meta due to concerns about rising capital expenditures and a potential year-over-year decline in free cash flow in 2025. The company expects Meta to post revenue of approximately $47 billion in the fourth quarter, up 17% on an annual basis. Meta’s future could also be affected by a potential ban or sale of TikTok in the US, which is currently being debated by the Supreme Court. For Snap, the narrative is now affected by a potential ban from competitor TikTok, although Piper Sandler noted mixed to negative feedback due to a lack of audience growth or new product changes. These recent developments highlight ongoing strategic moves and market factors affecting Snap and Meta.
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