Meta Platforms Inc (META) receives an Outperform rating from Wedbush

Meta Platforms Inc’s recently made public that its Officer Newstead Jennifer acquired Company’s shares for reported $0.35 million on Jun 03 ’25. In the deal valued at $671.00 per share,519 shares were bought.

Then, Olivan Javier bought 517 shares, generating $333,429 in total proceeds.

Before that, Newstead Jennifer sold 519 shares. Meta Platforms Inc shares valued at $329,778 were divested by the Chief Legal Officer at a price of $635.41 per share. As a result of the transaction, Newstead Jennifer now holds 30,221 shares, worth roughly $20.15 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 Tuesday, Meta Platforms Inc [NASDAQ:META] saw its stock fall -0.60% to $666.85. Over the last five days, the stock has gained 3.82%. Meta Platforms Inc shares have risen nearly 13.89% since the year began. Nevertheless, the stocks have risen 42.78% 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 $585.82, while 200 days put it at $595.07.

Levels Of Support And Resistance For META Stock

The 24-hour chart illustrates a support level at 662.73, which if violated will result in even more drops to 658.60. On the upside, there is a resistance level at 673.28. A further resistance level may holdings at 679.70. The Relative Strength Index (RSI) on the 14-day chart is 67.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 16.49%. Stochastics %K at 80.80% indicates the stock is a selling.

How much short interest is there in Meta Platforms Inc?

A steep rise in short interest was recorded in Meta Platforms Inc stocks on 2025-05-15, growing by 4.06 million shares to a total of 35.57 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 31.51 million shares. There was a rise of 11.42%, which implies that there is a positive sentiment for the stock.

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.

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