Monster Xmas insider trading alert for Meta stock

Core Viewpoint - Meta Platforms has demonstrated consistent growth throughout the year, outperforming analyst expectations for five consecutive quarters, with a significant year-to-date stock return of 73.22% [2][3]. Financial Performance - The company's Q3 2024 earnings call highlighted its financial outperformance, contributing to a stock price of $599.85 [3]. - Meta's stock has risen due to a long-term cost-cutting plan initiated in 2023 and continued financial success [5]. Insider Trading - CEO Mark Zuckerberg sold $67 million worth of Meta shares in December, followed by an additional sale of approximately $25.88 million [8]. - Despite these sales, Zuckerberg retains 488,360 shares, and the sales were part of a pre-scheduled plan [10]. Analyst Sentiment - Following the latest earnings call, analysts have generally adopted a bullish outlook, with KGI Securities setting a price target of $725 (20.86% upside) and Piper Sandler targeting $670 (11.69% upside) [11]. - There is an expectation that increased AI spending may pose challenges in early 2025, but long-term prospects remain strong, suggesting a buying opportunity [11][12].