Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Metlife Inc shares valued at $82,331 were purchased by MetLife Separate Account SPI on Jan 27 ’25. At $86.03 per share, MetLife Separate Account SPI acquired 957 shares.
Also, Separate Account 149 purchased 44 shares, netting a total of over 3,818 in proceeds.
Before that, MetLife Separate Account SPI had added 492 shares to its account. In a trade valued at $39,483, the Affiliate bought Metlife Inc shares for $80.25 each.
As published in their initiating research note from BMO Capital Markets on January 23, 2025, Metlife Inc [MET] has been a Market perform and the price target has been revised to $97. Analysts at TD Cowen started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of September 05, 2024, Barclays has initiated its “an Overweight” rating for MET. Earlier on January 08, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for MET stock which previously was a “a Neutral”.
Analyzing MET Stock Performance
During the last five days, there has been a drop of approximately -0.12%. Over the course of the year, Metlife Inc shares have jumped approximately 1.45%. Shares of the company reached a 52-week high of $88.09 on 01/21/25 and a 52-week low of $79.74 on 01/13/25. A 50-day SMA is recorded $83.44, while a 200-day SMA reached $78.25. Nevertheless, trading volume fell to 2.79 million shares from 4.09 million shares the previous day.
Support And Resistance Levels for Metlife Inc (MET)
According to the 24-hour chart, there is a support level at 82.27, which, if violated, would cause prices to drop to 81.47. In the upper region, resistance lies at 83.60. The next price resistance is at 84.12. RSI (Relative Strength Index) is 45.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.51, which suggests the price will decrease in the coming days. Percent R is at 70.54%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
