Meta CEO Mark Zuckerberg has recently sold a significant portion of his company shares, capitalizing on Meta’s near-record stock price. With the company’s shares trading close to their 52-week high of $740.91, Meta continues to demonstrate strong financial performance, boasting an impressive 81.68% gross profit margin and a market capitalization of $1.81 trillion.
According to a recent SEC Form 4 filing, Zuckerberg offloaded 17,855 shares of Meta’s Class A Common Stock on February 14, 2025. The shares were sold at prices between $726.68 and $740.71 per share, generating a total of approximately $14.4 million. The transaction was conducted through CZI Holdings, LLC, an entity Zuckerberg uses for managing his Meta stock holdings, under a pre-established Rule 10b5-1 trading plan.
Despite the sale, Zuckerberg continues to hold a substantial stake in Meta through CZI Holdings. Additionally, the filing noted that he converted 19,668 shares of Class B Common Stock into Class A Common Stock, though this did not involve any cash exchange.
Zuckerberg’s stock sale comes amid Meta’s strong financial standing, with its stock experiencing a 20-day winning streak following a positive earnings report. However, analysts from InvestingPro suggest that Meta may currently be overvalued, despite maintaining a strong financial health score.