Meta Platforms Inc’s recently made public that its Chief Legal Officer Newstead Jennifer unloaded Company’s shares for reported $0.55 million on May 06 ’25. In the deal valued at $592.52 per share,921 shares were sold. As a result of this transaction, Newstead Jennifer now holds 25,656 shares worth roughly $15.2 million.
Then, Olivan Javier sold 608 shares, generating $359,936 in total proceeds. Upon selling the shares at $592.00, the Chief Operating Officer now owns 3,190 shares.
Before that, Alford Peggy sold 700 shares. Meta Platforms Inc shares valued at $408,224 were divested by the Director at a price of $583.18 per share. As a result of the transaction, Alford Peggy now holds 3,822 shares, worth roughly $2.26 million.
Wedbush reiterated its Meta Platforms Inc [META] rating to an Outperform in a research note published on May 01, 2025; the price target was $750. A number of analysts have revised their coverage, including UBS’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. Truist also remained covering META and reiterated its “Buy” recommendation on May 01, 2025. Stifel maintained its rating on May 01, 2025. It rated META as “a Buy”.
Price Performance Review of META
On Friday, Meta Platforms Inc [NASDAQ:META] saw its stock fall -0.92% to $592.49. Over the last five days, the stock has lost -0.76%. Meta Platforms Inc shares have risen nearly 1.19% since the year began. Nevertheless, the stocks have risen 26.54% over the past one year. While a 52-week high of $740.91 was reached on 02/14/25, a 52-week low of $442.65 was recorded on 04/21/25. SMA at 50 days reached $576.15, while 200 days put it at $582.54.
Levels Of Support And Resistance For META Stock
The 24-hour chart illustrates a support level at 587.14, which if violated will result in even more drops to 581.79. On the upside, there is a resistance level at 602.40. A further resistance level may holdings at 612.32. The Relative Strength Index (RSI) on the 14-day chart is 57.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 31.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.05%. Stochastics %K at 89.60% indicates the stock is a selling.
The most recent change occurred on May 01, 2025 when Roth Capital resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $620.
