Exelixis Inc’s filing revealed that its CSO/EVP Disc & Trans Research Aftab Dana unloaded Company’s shares for reported $36487.0 on Oct 30 ’24. In the deal valued at $31.40 per share,1,162 shares were sold. As a result of this transaction, Aftab Dana now holds 498,945 shares worth roughly $17.02 million.
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Then, POSTE GEORGE bought 30,000 shares, generating $1,020,112 in total proceeds.
Before that, JEFFREY J HESSEKIEL bought 25,000 shares. Exelixis Inc shares valued at $830,000 were divested by the Officer at a price of $33.20 per share.
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 jump 2.77% to $34.12. Over the last five days, the stock has gained 22.43%. Exelixis Inc shares have risen nearly 42.23% since the year began. Nevertheless, the stocks have risen 62.32% over the past one year. While a 52-week high of $33.60 was reached on 11/01/24, a 52-week low of $19.20 was recorded on 01/08/24. SMA at 50 days reached $27.12, while 200 days put it at $23.72.
Levels Of Support And Resistance For EXEL Stock
The 24-hour chart illustrates a support level at 33.49, which if violated will result in even more drops to 32.86. On the upside, there is a resistance level at 34.60. A further resistance level may holdings at 35.08. The Relative Strength Index (RSI) on the 14-day chart is 82.17, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.93%. Stochastics %K at 93.04% 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 2024-10-15, dropping by -2.71 million shares to a total of 9.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 12.69 million shares. There was a decline of -27.18%, 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.
