Metlife Inc’s filing revealed that its Affiliate MetLife Separate Account SPI acquired Company’s shares for reported $21071.0 on Jan 07 ’25. In the deal valued at $81.99 per share,257 shares were bought.
Then, Metlife 401(k) Plan Large cap bought 236 shares, generating $18,906 in total proceeds.
Before that, Separate Account 149 bought 15 shares. Metlife Inc shares valued at $1,202 were divested by the Affiliate at a price of $80.11 per share.
TD Cowen initiated its Metlife Inc [MET] rating to a Buy in a research note published on October 09, 2024; the price target was $97. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Goldman also remained covering MET and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of MET
On Tuesday, Metlife Inc [NYSE:MET] saw its stock jump 0.18% to $82.14. Over the last five days, the stock has gained 0.77%. Metlife Inc shares have risen nearly 0.32% since the year began. Nevertheless, the stocks have risen 19.18% over the past one year. While a 52-week high of $89.05 was reached on 01/06/25, a 52-week low of $64.61 was recorded on 01/02/25. SMA at 50 days reached $82.77, while 200 days put it at $76.50.
Levels Of Support And Resistance For MET Stock
The 24-hour chart illustrates a support level at 81.52, which if violated will result in even more drops to 80.89. On the upside, there is a resistance level at 82.98. A further resistance level may holdings at 83.81. The Relative Strength Index (RSI) on the 14-day chart is 48.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.35%. Stochastics %K at 66.96% indicates the stock is a holding.
How much short interest is there in Metlife Inc?
A steep rise in short interest was recorded in Metlife Inc stocks on 2024-12-13, growing by 1.5 million shares to a total of 6.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.0 million shares. There was a rise of 23.06%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $71 price target.
