Meta Platforms, Inc. (NASDAQ:META) CEO Sells $6,188,498.64 in Stock
From MarketBeat:
Meta Platforms, Inc. CEO Mark Zuckerberg has sold over 16,776 shares of the firm’s stock, selling shares at an average price of $368.89. The company has a year-high of $372.94 and a market cap of $952.06 billion. Meta Platforms last reported quarterly earnings of $4.39 per share, for a net margin of 23.42%.
Various analysts have poked the stock, suggesting price targets that range from $350.00 to $420.00. The company is said to currently have a consensus rating of “Moderate Buy.” With significant institutional investors holding 62.87% of the stock, Meta Platforms has been deemed a “buy” by top-rated analysts.
Meta Platforms, Inc. is a social networking company that engages in the development of products enabling people to connect and share with friends and family. It offers several applications such ad Facebook, Instagram, and Whatsapp, used for communicating, sharing, and transacting privately. It operates worldwide, with a focus on mobile devices, personal computers, virtual reality headsets, and wearables.
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