In a filing, Exelixis Inc revealed its EVP & General Counsel Hessekiel Jeffrey unloaded Company’s shares for reported $0.66 million on Sep 23 ’24. In the deal valued at $26.38 per share,25,000 shares were sold. As a result of this transaction, Hessekiel Jeffrey now holds 605,325 shares worth roughly $17.49 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, JEFFREY J HESSEKIEL bought 75,000 shares, generating $1,981,500 in total proceeds.
Before that, Hessekiel Jeffrey sold 20,000 shares. Exelixis Inc shares valued at $515,800 were divested by the EVP, General Counsel & Sec at a price of $25.79 per share. As a result of the transaction, Hessekiel Jeffrey now holds 630,325 shares, worth roughly $18.22 million.
RBC Capital Mkts reiterated its Exelixis Inc [EXEL] rating to an Outperform in a research note published on October 16, 2024; the price target was $34. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid September with a ‘”a Neutral”‘ rating. Barclays also remained covering EXEL and has decreased its forecast on April 11, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. BTIG Research started covering the stock on December 19, 2023. It rated EXEL as “a Buy”.
Price Performance Review of EXEL
On Friday, Exelixis Inc [NASDAQ:EXEL] saw its stock fall -0.55% to $28.90. Over the last five days, the stock has gained 10.18%. Exelixis Inc shares have risen nearly 20.47% since the year began. Nevertheless, the stocks have risen 35.36% over the past one year. While a 52-week high of $29.75 was reached on 10/17/24, a 52-week low of $18.64 was recorded on 01/08/24. SMA at 50 days reached $26.44, while 200 days put it at $23.37.
Levels Of Support And Resistance For EXEL Stock
The 24-hour chart illustrates a support level at 28.58, which if violated will result in even more drops to 28.27. On the upside, there is a resistance level at 29.17. A further resistance level may holdings at 29.45. The Relative Strength Index (RSI) on the 14-day chart is 68.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.57%. Stochastics %K at 86.90% indicates the stock is a selling.
How much short interest is there in Exelixis Inc?
A steep rise in short interest was recorded in Exelixis Inc stocks on 2024-09-30, dropping by -1.97 million shares to a total of 10.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 12.03 million shares. There was a decline of -19.62%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 15, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $31 price target.
