Insider Trades
Marc Andreessen Sells $12.8 Million Of Meta Stock, Emptying An Andreessen Horowitz Fund Line
The Meta director sold 20,951 shares Monday at an average $609.74, while 49,448 shares remain held through a trust and a second fund line.
META
Meta Platforms (META) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
Meta Closes $12.5 Billion Preferred Stock Sale, With A Forward Deal On 40 Million Shares Running Alongside
The 6.50% preferred converts into Class A stock by August 2029, while forward sales mean Meta gets no cash from its common shares at first.
SEC Filings
Meta Prices $25 Billion Stock Sale At $625 A Share, With No Cash Due Until Settlement
The 40 million-share offering was upsized from $22.5 billion, and a $12.5 billion mandatory convertible preferred deal priced alongside it.
SEC Filings
Meta's 10-Q Shows A $25 Billion New Mexico Penalty Ordered The Day Before Filing
Meta says it will appeal and may have to post a bond or collateral, while its last quarterly report described only a pending trial.
Earnings
Zuckerberg: Muse Stays Free For Most People, With Meta Taking A Fee On Transactions
Meta's CEO said Muse is costly to run now but expects efficiency to improve by more than 10x in the next year.
Earnings
Meta Takes $9.89 Billion Settlement Charge As Operating Margin Falls To 20% From 40%
Revenue rose 26% in the third quarter, and Meta also created a non-voting Class C stock tied to an agreement with Mark Zuckerberg.