Meta CEO Mark Zuckerberg sold a significant number of shares recently. According to Investing.com, a filing reveals that on February 14, 2025, Zuckerberg sold 17,855 shares of Meta’s Class A Common Stock at prices between $726.68 and $740.71 per share, totaling about $14.4 million. This comes as the company’s stock remains near its 52-week high of $740.91, showing gross profit margins of 81.68% and maintaining a market capitalization of $1.81 trillion.
The sales, the report said were made through CZI Holdings, LLC, under a pre-set trading plan (Rule 10b5-1). After the sale, Zuckerberg indirectly holds shares in Meta through CZI Holdings.
In addition, Zuckerberg converted 19,668 shares of Class B stock into Class A stock, but this did not involve any cash transactions, the filing revealed. InvestingPro notes that Meta is currently considered overvalued based on its Fair Value analysis, even though the company maintains strong financial health.
Mark Zuckerberg says he was ‘almost sentenced to death in Pakistan’
In another news, Mark Zuckerberg recently stated that he was “almost sentenced to death for blasphemy in Pakistan.” Speaking on the Joe Rogan podcast, Zuckerberg discussed the legal challenges Meta has faced in Pakistan due to a lawsuit over alleged blasphemous content on Facebook.
According to reports, the lawsuit accuses Facebook of hosting content that violates Pakistan’s strict blasphemy laws, which impose severe penalties for acts deemed offensive to religious beliefs. Zuckerberg addressed the issue, highlighting Meta’s efforts to balance free expression while respecting local laws and cultural sensitivities.
“There are laws in different countries that we disagree with. For example, there was a point at which someone was trying to get me sentenced to death in Pakistan because someone on Facebook had a picture where they had a drawing of Prophet Mohammed, and someone said, ‘That’s blasphemy in our culture.’ They sued me and opened this criminal proceeding,” he said.
“I don’t know exactly where it went because I’m just not planning to go to Pakistan, so I was not that worried about it,” Zuckerberg added.
This article was originally published by a timesofindia.indiatimes.com . Read the Original article here. .