Meta Platforms Inc’s recently made public that its Officer Newstead Jennifer acquired Company’s shares for reported $0.5 million on Apr 08 ’25. In the deal valued at $543.39 per share,921 shares were bought.
Then, Olivan Javier bought 608 shares, generating $296,814 in total proceeds.
Before that, Newstead Jennifer sold 921 shares. Meta Platforms Inc shares valued at $525,578 were divested by the Chief Legal Officer at a price of $570.66 per share. As a result of the transaction, Newstead Jennifer now holds 30,261 shares, worth roughly $15.45 million.
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 -1.12% to $510.45. Over the last five days, the stock has lost -12.89%. Meta Platforms Inc shares have fallen nearly -12.82% since the year began. Nevertheless, the stocks have fallen -3.20% 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 04/07/25. SMA at 50 days reached $640.74, while 200 days put it at $577.41.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 493.06, which if violated will result in even more drops to 475.68. On the upside, there is a resistance level at 537.63. A further resistance level may holdings at 564.82. The Relative Strength Index (RSI) on the 14-day chart is 28.94, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -62.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.21%. Stochastics %K at 16.31% indicates the stock is a buying.
How much short interest is there in Meta Platforms Inc?
A steep rise in short interest was recorded in Meta Platforms Inc stocks on 2025-03-14, dropping by -2.94 million shares to a total of 24.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 27.48 million shares. There was a decline of -11.97%, 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.
