In a filing, Meta Platforms Inc revealed its Officer Olivan Javier acquired Company’s shares for reported $0.24 million on Oct 11 ’24. In the deal valued at $584.83 per share,413 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Newstead Jennifer sold 905 shares, generating $533,850 in total proceeds. Upon selling the shares at $589.89, the Chief Legal Officer now owns 34,197 shares.
Before that, Zuckerberg Mark sold 492 shares. Meta Platforms Inc shares valued at $295,568 were divested by the COB and CEO at a price of $600.75 per share. As a result of the transaction, Zuckerberg Mark now holds 518,508 shares, worth roughly $305.89 million.
Scotiabank initiated its Meta Platforms Inc [META] rating to a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who remained covering the stock and in early October has reiterated a ‘”an Overweight”‘ rating for it. Pivotal Research Group began covering META with “Buy” recommendation on October 01, 2024. Monness Crespi & Hardt maintained its rating on September 30, 2024. It rated META as “a Buy”.
Price Performance Review of META
On Friday, Meta Platforms Inc [NASDAQ:META] saw its stock jump 1.05% to $589.95. Over the last five days, the stock has lost -1.01%. Meta Platforms Inc shares have risen nearly 66.67% since the year began. Nevertheless, the stocks have risen 79.96% over the past one year. While a 52-week high of $602.95 was reached on 10/07/24, a 52-week low of $279.40 was recorded on 01/02/24. SMA at 50 days reached $537.46, while 200 days put it at $485.53.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 584.70, which if violated will result in even more drops to 579.46. On the upside, there is a resistance level at 593.20. A further resistance level may holdings at 596.46. The Relative Strength Index (RSI) on the 14-day chart is 67.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.87, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.66%. Stochastics %K at 69.54% indicates the stock is a holding.
How much short interest is there in Meta Platforms Inc?
A steep rise in short interest was recorded in Meta Platforms Inc stocks on 2024-09-30, dropping by -0.79 million shares to a total of 32.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 33.25 million shares. There was a decline of -2.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 10, 2024 when DA Davidson began covering the stock and recommended ‘”a Buy”‘ rating along with a $600 price target.
