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Mark Zuckerberg Just Sold $500 Million of $META. (Nothing to See Here, Move Along) 🚨

When a company insider (never mind its own Founder and CEO) unloads a staggering amount of shares, it’s usually a pretty strong indication investors should follow suit.

“Mark Zuckerberg sold half a billion in META stock yesterday,” Hedgeye CEO @KeithMcCullough explains in this clip from The Call @ Hedgeye with analyst Andrew Freedman @HedgeyeComm.

“When I started on Wall Street, a $5-$10 million insider trade would get the whole Street going. Then it was $50 million. This is ten times that.”

“When was the last time Zuckerberg sold stock? November 2021—at the absolute all-time high of the Mother of All Bubbles."

“Now, he’s selling it ahead of the quarter.”

https://x.com/hedgeye/status/1742991443415716296?s=46&t=2Ozaq5ZjbT7_uOYMVsIRKQ