Top 10 Insider Sales Last Month

5. Meta Platforms, Inc. (NASDAQ:META)

Total value of insider sales in February: $364,360,111.29

Market capitalization: $1.57 trillion

In the middle of the top 10 insider sales last month is a globally popular technology company that manages social media platforms, digital advertising services, and virtual and augmented reality technologies, Meta. The company is making significant investments in the development of artificial intelligence infrastructure, with plans to allocate between $60 billion and $65 billion toward AI initiatives in 2025. It is one of the 10 best growth stocks to invest in for the next 10 years.

In February, six insiders sold a total of $364.36 million worth of Meta shares at a price of $703.91 per share.

For the fourth quarter of 2024, Meta reported revenue of $48.39 billion, compared to revenue of $40.11 billion in the same period of 2023. Net income amounted to $20.84 billion, which compares to $14.02 billion in the corresponding quarter of the prior year.

As per 48 analysts’ estimates, Meta is a “Strong Buy” with a price target of $764.61 per share, according to TipRanks.