Meta Platforms Inc’s recently made public that its COB and CEO Zuckerberg Mark unloaded Company’s shares for reported $14.45 million on Feb 14 ’25. In the deal valued at $734.49 per share,19,668 shares were sold. As a result of this transaction, Zuckerberg Mark now holds 0 shares worth roughly $ 0.0.
Then, Zuckerberg Mark sold 19,668 shares, generating $14,235,202 in total proceeds. Upon selling the shares at $723.77, the COB and CEO now owns 0 shares.
Before that, Zuckerberg Mark bought 19,668 shares. Meta Platforms Inc shares valued at $14,101,806 were divested by the Officer at a price of $716.99 per share.
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 fall -2.76% to $716.37. Over the last five days, the stock has lost -0.14%. Meta Platforms Inc shares have risen nearly 22.35% since the year began. Nevertheless, the stocks have risen 51.36% over the past one year. While a 52-week high of $740.91 was reached on 02/14/25, a 52-week low of $414.50 was recorded on 01/02/25. SMA at 50 days reached $641.65, while 200 days put it at $554.06.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 702.87, which if violated will result in even more drops to 689.38. On the upside, there is a resistance level at 733.43. A further resistance level may holdings at 750.50. The Relative Strength Index (RSI) on the 14-day chart is 68.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 17.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.62%. Stochastics %K at 85.66% indicates the stock is a selling.
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.
