Exelixis Inc’s recent filing unveils that its Director Freire Maria C acquired Company’s shares for reported $1.54 million on Feb 14 ’25. In the deal valued at $34.94 per share,44,114 shares were bought.
Then, Beckerle Mary C bought 12,210 shares, generating $425,865 in total proceeds.
Before that, POSTE GEORGE bought 15,874 shares. Exelixis Inc shares valued at $551,431 were divested by the Director at a price of $34.74 per share.
Morgan Stanley upgraded its Exelixis Inc [EXEL] rating to an Overweight from a an Equal-weight in a research note published on January 27, 2025; the price target was increased to $40 from $30. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Perform”. BMO Capital Markets also remained covering EXEL and has decreased its forecast on December 20, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on December 17, 2024. It rated EXEL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of EXEL
On Tuesday, Exelixis Inc [NASDAQ:EXEL] saw its stock fall -2.29% to $34.20. Over the last five days, the stock has gained 2.09%. Exelixis Inc shares have risen nearly 2.70% since the year began. Nevertheless, the stocks have risen 67.73% over the past one year. While a 52-week high of $37.59 was reached on 01/16/25, a 52-week low of $20.14 was recorded on 01/24/25. SMA at 50 days reached $34.27, while 200 days put it at $28.05.
Levels Of Support And Resistance For EXEL Stock
The 24-hour chart illustrates a support level at 33.68, which if violated will result in even more drops to 33.16. On the upside, there is a resistance level at 35.04. A further resistance level may holdings at 35.89. The Relative Strength Index (RSI) on the 14-day chart is 52.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.39%. Stochastics %K at 78.84% indicates the stock is a holding.
The most recent change occurred on October 16, 2024 when RBC Capital Mkts resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $34.
