Meta Platforms Inc’s recent filing unveils that its Officer Zuckerberg Mark acquired Company’s shares for reported $14.11 million on Feb 11 ’25. In the deal valued at $717.50 per share,19,668 shares were bought.
Then, Newstead Jennifer bought 902 shares, generating $643,415 in total proceeds.
Before that, Zuckerberg Mark sold 55,589 shares. Meta Platforms Inc shares valued at $39,897,067 were divested by the COB and CEO at a price of $717.72 per share. As a result of the transaction, Zuckerberg Mark now holds 0 shares, worth roughly $0.0.
The Benchmark Company upgraded its Meta Platforms Inc [META] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Cantor Fitzgerald also remained covering META and reiterated its “an Overweight” recommendation on January 22, 2025. Jefferies maintained its rating on January 06, 2025. It rated META as “a Buy”.
Price Performance Review of META
On Tuesday, Meta Platforms Inc [NASDAQ:META] saw its stock jump 0.33% to $719.80. Over the last five days, the stock has gained 2.22%. Meta Platforms Inc shares have risen nearly 22.94% since the year began. Nevertheless, the stocks have risen 53.15% over the past one year. While a 52-week high of $725.01 was reached on 02/07/25, a 52-week low of $414.50 was recorded on 01/02/25. SMA at 50 days reached $630.51, while 200 days put it at $548.26.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 712.01, which if violated will result in even more drops to 704.21. On the upside, there is a resistance level at 725.63. A further resistance level may holdings at 731.45. The Relative Strength Index (RSI) on the 14-day chart is 80.70, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 28.59, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.02%. Stochastics %K at 92.91% indicates the stock is a selling.
How much short interest is there in Meta Platforms Inc?
A steep rise in short interest was recorded in Meta Platforms Inc stocks on 2025-01-15, dropping by -3.58 million shares to a total of 25.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 29.33 million shares. There was a decline of -13.92%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 03, 2025 when Wolfe Research resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $730.
