Mark Zuckerberg Sells $190M in Stock as Part of Planned Trading Strategy
December 5, 2023
🌥️Trending News
META ($NASDAQ:META): This planned sale is seen as a way for Zuckerberg to diversify his portfolio and fund philanthropic projects.
Price History
On Monday, the stock opened at $317.3 and closed at $320.0, representing a 1.5% decrease from its prior closing price of $324.8. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Meta Platforms. More…
| Total Revenues | Net Income | Net Margin |
| 126.96k | 29.73k | 23.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Meta Platforms. More…
| Operations | Investing | Financing |
| 66.22k | -25.55k | -18.16k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Meta Platforms. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 216.27k | 73.4k | 55.6 |
Key Ratios Snapshot
Some of the financial key ratios for Meta Platforms are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.1% | 8.5% | 29.2% |
| FCF Margin | ROE | ROA |
| 29.6% | 16.8% | 10.7% |
Analysis
GoodWhale has conducted an analysis of Facebook’s financials and found that the company has a high health score of 10/10 considering its cashflows and debt. This means that Facebook is in a strong position to safely ride out any crisis without the risk of bankruptcy. Moreover, we classify Facebook as ‘gorilla’ – a company that has achieved consistent and strong revenue or earning growth. When assessing the type of investor who may be interested in Facebook, it is clear that the company is strong in growth, profitability, and medium in asset, but weak in dividend. Investors who are looking for growth opportunities would find Facebook to be an attractive investment, as the company’s strong competitive advantage gives it an edge over other companies. Furthermore, with Facebook’s low debt, investors can rest assured that the company has the stability to weather any future crisis. More…
Peers
In the social media landscape, there is intense competition among Meta Platforms Inc, Alphabet Inc, Snap Inc, and Twitter Inc. All four companies are vying for user engagement and market share. Each company has its own unique features and offerings, which appeals to different types of users.
– Alphabet Inc ($NASDAQ:GOOGL)
Alphabet Inc., formerly Google Inc., is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware.
The company was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University in California. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through supervoting stock. They incorporated Google as a privately held company on September 4, 1998. An initial public offering (IPO) took place on August 19, 2004, and Google moved to its headquarters in Mountain View, California, nicknamed the Googleplex. In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet Inc. Google is Alphabet’s leading subsidiary and will continue to be the umbrella company for Alphabet’s Internet interests. Sundar Pichai was appointed CEO of Google, replacing Larry Page who became the CEO of Alphabet.
– Snap Inc ($NYSE:SNAP)
Snap Inc is an American technology and camera company, founded on September 16, 2011, by Evan Spiegel and Bobby Murphy and based in Santa Monica, California. The company specializes in a mobile app that allows users to send and receive “snaps”, or photo and video messages. The app also allows users to add filters and effects to their photos and videos.
As of 2022, Snap Inc has a market cap of 17.46B and a Return on Equity of -13.96%. The company has been facing some challenges lately, with slowing user growth and competition from other social media platforms. However, Snap Inc remains a popular app among young people and continues to innovate with new features, such as augmented reality lenses.
– Twitter Inc ($NYSE:TWTR)
Twitter Inc, a publicly traded company, has a market capitalization of 38.83 billion as of 2022. The company’s return on equity, a measure of profitability, was 0.14% for the same year. Twitter Inc is a social networking and microblogging service that enables its users to send and read short 140-character messages called “tweets”.
Summary
Facebook is a popular stock for investors. Recently, CEO Mark Zuckerberg sold a large portion of stock, valued at $190 million, as part of an established trading plan. Investors have been keen to analyze the implications of this news as the sale could have a significant impact on the company’s stock values. Initial assessment of the sale suggests that it was strategically timed to maximize gains without risking a major crash in stock prices.
Investors have noted that the company’s current financial strength has enabled a large sale without much risk. Despite the sale, analysts remain cautiously optimistic about Facebook stocks.
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