Xencor Inc’s recently made public that its PRESIDENT & CEO Dahiyat Bassil I unloaded Company’s shares for reported $64418.0 on Mar 11 ’24. In the deal valued at $23.50 per share,2,741 shares were sold. As a result of this transaction, Dahiyat Bassil I now holds 351,894 shares worth roughly $7.41 million.
Then, Desjarlais John R sold 1,280 shares, generating $30,082 in total proceeds. Upon selling the shares at $23.50, the SR. VICE PRESIDENT & CSO now owns 186,433 shares.
Before that, Eckert Celia sold 850 shares. Xencor Inc shares valued at $19,977 were divested by the SVP, GENERAL COUNSEL at a price of $23.50 per share. As a result of the transaction, Eckert Celia now holds 45,465 shares, worth roughly $0.96 million.
BTIG Research reiterated its Xencor Inc [XNCR] rating to a Buy in a research note published on April 16, 2024; the price target was $38. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Neutral”. BofA Securities began covering XNCR with “Buy” recommendation on May 19, 2023. Cowen started covering the stock on December 06, 2022. It rated XNCR as “an Outperform”.
Price Performance Review of XNCR
On Monday, Xencor Inc [NASDAQ:XNCR] saw its stock jump 5.46% to $21.07. Over the last five days, the stock has gained 15.71%. Xencor Inc shares have fallen nearly -0.75% since the year began. Nevertheless, the stocks have fallen -20.34% over the past one year. While a 52-week high of $28.96 was reached on 02/27/24, a 52-week low of $16.49 was recorded on 04/19/24. SMA at 50 days reached $22.00, while 200 days put it at $20.91. A total of 0.74 million shares were traded, compared to the trading of 0.76 million shares in the previous session.
Levels Of Support And Resistance For XNCR Stock
The 24-hour chart illustrates a support level at 20.29, which if violated will result in even more drops to 19.51. On the upside, there is a resistance level at 21.60. A further resistance level may holdings at 22.13. The Relative Strength Index (RSI) on the 14-day chart is 55.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.22%. Stochastics %K at 57.16% indicates the stock is a holding.
