Metlife Inc’s recently made public that its Affiliate MetLife Separate Account SPI acquired Company’s shares for reported $39483.0 on Jan 13 ’25. In the deal valued at $80.25 per share,492 shares were bought.
Then, MetLife Separate Account SPI bought 257 shares, generating $21,071 in total proceeds.
Before that, Metlife 401(k) Plan Large cap bought 236 shares. Metlife Inc shares valued at $18,906 were divested by the Affiliate discretionary manage 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 2.34% to $83.83. Over the last five days, the stock has gained 2.24%. Metlife Inc shares have risen nearly 2.38% since the year began. Nevertheless, the stocks have risen 20.97% 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 01/13/25. SMA at 50 days reached $82.72, while 200 days put it at $76.68.
Levels Of Support And Resistance For MET Stock
The 24-hour chart illustrates a support level at 82.50, which if violated will result in even more drops to 81.18. On the upside, there is a resistance level at 84.54. A further resistance level may holdings at 85.26. The Relative Strength Index (RSI) on the 14-day chart is 55.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 4.22%. Stochastics %K at 57.97% 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 2024-12-31, growing by 82583.0 shares to a total of 6.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.2 million shares. There was a rise of 1.31%, 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.
