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Insider Trading Alert: COO and CEO of Meta Platforms Inc. Offloads 2,447 Shares

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Mark Zuckerberg Sheds $META Shares Amidst Flurry of Insider Trading

On December 13, 2024, Mark Zuckerberg, the Chief Operating Officer and CEO of $META, sold 2,447 shares of the company. This sale represents about 0.4% of his total holdings, following the transaction he retains 550,786 shares of $META stock. The information was disclosed in a recent SEC filing.

Insider Trading Insights at $META

In the last six months, $META insiders completed 1,023 trades, all of which were sales, as there have been no purchases.

Here’s a detailed look at recent insider trades involving $META:

  • MARK ZUCKERBERG (COB and CEO): 920 trades (0 purchases, 920 sales), selling 877,764 shares.
  • JENNIFER NEWSTEAD (Chief Legal Officer): 26 trades (0 purchases, 26 sales), selling 22,617 shares.
  • JAVIER OLIVAN (Chief Operating Officer): 25 trades (0 purchases, 25 sales), selling 19,696 shares.
  • ANDREW BOSWORTH (Chief Technology Officer): 11 trades (0 purchases, 11 sales), selling 39,607 shares.
  • AARON ANDERSON (Chief Accounting Officer): Sold 731 shares.
  • NICHOLAS CLEGG (President, Global Affairs): 12 trades (0 purchases, 12 sales), selling 24,382 shares.
  • SUSAN J LI (Chief Financial Officer): 23 trades (0 purchases, 23 sales), selling 69,563 shares.
  • PEGGY ALFORD: 2 trades (0 purchases, 2 sales), selling 1,925 shares.
  • CHRISTOPHER K COX (Chief Product Officer): 3 trades (0 purchases, 3 sales), selling 30,000 shares.

For ongoing insider transaction updates, consider checking Quiver Quantitative’s insider trading dashboard.

Institutional Investment Trends in $META

Recently, 2,103 institutional investors have increased their holdings of $META stock, while 1,721 have reduced their positions in the latest quarter.

Notable institutional movements include:

  • INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 9,500,444 shares (+57,001.5%) in Q3 2024.
  • INTEGRATED INVESTMENT CONSULTANTS, LLC added 4,126,190 shares (+61,769.3%) in Q3 2024.
  • BARCLAYS PLC reduced holdings by 3,519,459 shares (-34.7%) in Q3 2024.
  • SG AMERICAS SECURITIES, LLC added 2,976,301 shares (+536.5%) in Q3 2024.
  • UBS ASSET MANAGEMENT AMERICAS LLC added 2,411,776 shares (+23.4%) in Q2 2024.
  • APG ASSET MANAGEMENT N.V. removed 2,305,238 shares (-100.0%) in Q3 2024.
  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 2,222,612 shares (-24.1%) in Q3 2024.

For updates on hedge funds’ stock portfolios, Quiver Quantitative’s institutional holdings dashboard is a useful resource.

Congressional Interest in $META

In the past six months, members of Congress have conducted 6 trades involving $META stock, consisting of 2 purchases and 4 sales.

To follow congressional stock trading activities, Quiver Quantitative’s congressional trading dashboard provides insights.

This article is not financial advice. For further information, please see Quiver Quantitative’s disclaimers.

This article was originally published on Quiver News. Read the full story.

The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.

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