In a filing, Exelixis Inc revealed its Director Freire Maria C unloaded Company’s shares for reported $0.22 million on Aug 14 ’24. In the deal valued at $26.56 per share,8,250 shares were sold. As a result of this transaction, Freire Maria C now holds 91,007 shares worth roughly $2.34 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Aftab Dana sold 20,883 shares, generating $565,094 in total proceeds. Upon selling the shares at $27.06, the CSO/EVP Disc & Trans Research now owns 500,107 shares.
Before that, MARIA C FREIRE bought 8,250 shares. Exelixis Inc shares valued at $219,122 were divested by the Director at a price of $26.56 per share.
Barclays downgraded its Exelixis Inc [EXEL] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Citigroup began covering EXEL with “Buy” recommendation on December 15, 2023. H.C. Wainwright started covering the stock on September 26, 2023. It rated EXEL as “a Buy”.
Price Performance Review of EXEL
On Monday, Exelixis Inc [NASDAQ:EXEL] saw its stock fall -0.58% to $25.73. Over the last five days, the stock has lost -3.23%. Exelixis Inc shares have risen nearly 7.25% since the year began. Nevertheless, the stocks have risen 18.30% over the past one year. While a 52-week high of $27.53 was reached on 08/09/24, a 52-week low of $18.64 was recorded on 01/08/24. SMA at 50 days reached $23.65, while 200 days put it at $22.58.
Levels Of Support And Resistance For EXEL Stock
The 24-hour chart illustrates a support level at 25.62, which if violated will result in even more drops to 25.52. On the upside, there is a resistance level at 25.89. A further resistance level may holdings at 26.05. The Relative Strength Index (RSI) on the 14-day chart is 57.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.05%. Stochastics %K at 55.42% indicates the stock is a holding.
How much short interest is there in Exelixis Inc?
A steep rise in short interest was recorded in Exelixis Inc stocks on 2024-07-31, growing by 0.98 million shares to a total of 10.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 9.19 million shares. There was a rise of 9.6%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 22, 2023 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $29.
