Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Alx Oncology Holdings Inc shares valued at $3,998 were sold by Pinto Shelly on Jan 06 ’25. At $1.80 per share, Pinto Shelly sold 2,221 shares. The insider’s holdings dropped to 87,902 shares worth approximately $0.14 million following the completion of this transaction.
Also, Pinto Shelly sold 1,426 shares, netting a total of over 2,253 in proceeds. Following the sale of shares at $1.58 each, the insider now holds 90,123 shares.
Before that, Pons Jaume had sold 10,796 shares from its account. In a trade valued at $17,060, the PRESIDENT & CSO traded Alx Oncology Holdings Inc shares for $1.58 each. Upon closing the transaction, the insider’s holdings decreased to 10,796 shares, worth approximately $0.95 million.
As published in a research note from Jefferies on December 19, 2024, Alx Oncology Holdings Inc [ALXO] has been rated down from a Buy to a Hold and the price target has been revised to $2 from $12. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early March. As of December 08, 2023, Jefferies has increased its “Hold” rating to a “Buy” for ALXO. Earlier on December 22, 2021, Jefferies downgraded its rating. Their new recommendation was “a Hold” for ALXO stock which previously was a “a Buy”.
Analyzing ALXO Stock Performance
Over the course of the year, Alx Oncology Holdings Inc shares have dropped approximately -2.40%. Shares of the company reached a 52-week high of $1.9400 on 01/08/25 and a 52-week low of $1.3450 on 01/23/25. A 50-day SMA is recorded $1.5806, while a 200-day SMA reached $5.3948. Nevertheless, trading volume fell to 6.34 million shares from 1.44 million shares the previous day.
Support And Resistance Levels for Alx Oncology Holdings Inc (ALXO)
According to the 24-hour chart, there is a support level at 1.4400, which, if violated, would cause prices to drop to 1.2500. In the upper region, resistance lies at 1.7250. The next price resistance is at 1.8200. RSI (Relative Strength Index) is 48.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0210, which suggests the price will decrease in the coming days. Percent R is at 52.10%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
