Meta Platforms Inc’s recently made public that its Officer Newstead Jennifer acquired Company’s shares for reported $0.49 million on Apr 15 ’25. In the deal valued at $531.22 per share,921 shares were bought.
Then, Olivan Javier bought 608 shares, generating $338,322 in total proceeds.
Before that, Newstead Jennifer sold 921 shares. Meta Platforms Inc shares valued at $500,462 were divested by the Chief Legal Officer at a price of $543.39 per share. As a result of the transaction, Newstead Jennifer now holds 29,340 shares, worth roughly $15.3 million.
Citigroup reiterated its Meta Platforms Inc [META] rating to a Buy in a research note published on April 14, 2025; the price target was $655. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who remained covering the stock and in early April has reiterated a ‘”an Overweight”‘ rating for it. The Benchmark Company also remained covering META and has increased its forecast on January 30, 2025 with a “Buy” recommendation from previously “Hold” rating. BofA Securities maintained its rating on January 23, 2025. It rated META as “a Buy”.
Price Performance Review of META
On Tuesday, Meta Platforms Inc [NASDAQ:META] saw its stock fall -1.87% to $521.52. Over the last five days, the stock has gained 2.17%. Meta Platforms Inc shares have fallen nearly -10.93% since the year began. Nevertheless, the stocks have risen 1.88% 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 $626.83, while 200 days put it at $578.37.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 513.37, which if violated will result in even more drops to 505.21. On the upside, there is a resistance level at 533.81. A further resistance level may holdings at 546.09. The Relative Strength Index (RSI) on the 14-day chart is 38.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.06%. Stochastics %K at 34.91% indicates the stock is a holding.
How much short interest is there in Meta Platforms Inc?
A steep rise in short interest was recorded in Meta Platforms Inc stocks on 2025-03-31, growing by 3.25 million shares to a total of 27.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 23.94 million shares. There was a rise of 11.95%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 22, 2025 when Cantor Fitzgerald resumed its ‘”an Overweight”‘ rating for the stock and retained the price target to $720.