Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Exelixis Inc shares valued at $425,878 were sold by Beckerle Mary C on Feb 14 ’25. At $34.88 per share, Beckerle Mary C sold 12,210 shares. The insider’s holdings dropped to 30,406 shares worth approximately $1.07 million following the completion of this transaction.
Also, POSTE GEORGE sold 15,874 shares, netting a total of over 551,463 in proceeds. Following the sale of shares at $34.74 each, the insider now holds 169,020 shares.
Before that, Freire Maria C had sold 44,114 shares from its account. In a trade valued at $1,541,343, the Director traded Exelixis Inc shares for $34.94 each. Upon closing the transaction, the insider’s holdings decreased to 44,114 shares, worth approximately $3.19 million.
As published in a research note from Morgan Stanley on January 27, 2025, Exelixis Inc [EXEL] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $40 from $30. Analysts at Oppenheimer downgraded the stock from ‘”an Outperform”‘ to ‘”a Perform”‘ outlook in a report released in late January. As of December 20, 2024, BMO Capital Markets has decreased its “an Outperform” rating to a “Market perform” for EXEL. Earlier on December 17, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for EXEL stock which previously was a “a Buy”.
Analyzing EXEL Stock Performance
During the last five days, there has been a surge of approximately 6.98%. Over the course of the year, Exelixis Inc shares have jumped approximately 5.38%. Shares of the company reached a 52-week high of $37.59 on 01/16/25 and a 52-week low of $31.90 on 01/24/25. A 50-day SMA is recorded $34.24, while a 200-day SMA reached $28.18. Nevertheless, trading volume fell to 1.78 million shares from 2.83 million shares the previous day.
Support And Resistance Levels for Exelixis Inc (EXEL)
According to the 24-hour chart, there is a support level at 34.67, which, if violated, would cause prices to drop to 34.25. In the upper region, resistance lies at 35.34. The next price resistance is at 35.60. RSI (Relative Strength Index) is 57.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.01, which suggests the price will increase in the coming days. Percent R is at 12.09%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
