In a filing, Meta Platforms Inc revealed its Officer Newstead Jennifer acquired Company’s shares for reported $0.61 million on Feb 25 ’25. In the deal valued at $665.75 per share,921 shares were bought.
Then, Zuckerberg Mark sold 3,523 shares, generating $2,469,973 in total proceeds. Upon selling the shares at $701.10, the COB and CEO now owns 0 shares.
Before that, Zuckerberg Mark sold 3,563 shares. Meta Platforms Inc shares valued at $2,500,674 were divested by the COB and CEO at a price of $701.85 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 fall -1.59% to $657.50. Over the last five days, the stock has lost -8.22%. Meta Platforms Inc shares have risen nearly 12.30% since the year began. Nevertheless, the stocks have risen 35.25% 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 $648.22, while 200 days put it at $559.76.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 643.57, which if violated will result in even more drops to 629.65. On the upside, there is a resistance level at 669.71. A further resistance level may holdings at 681.93. The Relative Strength Index (RSI) on the 14-day chart is 40.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -36.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.21%. Stochastics %K at 11.89% indicates the stock is a buying.
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.
