Meta platforms CEO Zuckerberg sells over $8.5 million in company stock

- Mark Zuckerberg, CEO and Chairman of Meta Platforms, Inc. (NASDAQ:META), sold over $8.5 million worth of company stock on June 26, 2024 - Sales were through entities associated with Zuckerberg, the Chan Zuckerberg Initiative Foundation and the Chan Zuckerberg Initiative Advocacy - Transactions were part of a prearranged trading plan adopted in February 2024 to avoid concerns of insider trading - Meta Platforms, formerly known as Facebook Inc., is a leading company in the technology sector - Seven companies formed the Dataset Providers Alliance (DPA) to promote ethical AI development - Apple Inc. declined a proposal by Meta Platforms to integrate Meta's Llama AI chatbot into Apple's iPhone - Future Forward USA Action is raising funds to compete with Donald Trump's presence on social media - Meta Platforms has a robust market capitalization of $1.3 trillion, high gross profit margin, and favorable P/E and PEG ratios - Investors interested in Meta Platforms can access additional insights on InvestingPro - Meta Platforms has a high return over the last year and is trading near its 52-week high, making it a prominent player in the Interactive Media & Services industry