Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Exelixis Inc shares valued at $388,000 were sold by Haley Patrick J. on Mar 03 ’25. At $38.80 per share, Haley Patrick J. sold 10,000 shares. The insider’s holdings dropped to 341,028 shares worth approximately $12.64 million following the completion of this transaction.
Also, PATRICK JOSEPH HALEY purchased 10,000 shares, netting a total of over 388,000 in proceeds.
Before that, Smith Julie had sold 54,514 shares from its account. In a trade valued at $2,078,619, the Director traded Exelixis Inc shares for $38.13 each. Upon closing the transaction, the insider’s holdings decreased to 54,514 shares, worth approximately $0.4 million.
As published in a research note from Wells Fargo on February 24, 2025, Exelixis Inc [EXEL] has been rated down from an Overweight to an Equal weight and the price target has been revised to $36. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in late January. As of January 24, 2025, Oppenheimer has decreased its “an Outperform” rating to a “Perform” for EXEL. Earlier on December 20, 2024, BMO Capital Markets downgraded its rating. Their new recommendation was “a Market perform” for EXEL stock which previously was a “an Outperform”.
Analyzing EXEL Stock Performance
During the last five days, there has been a drop of approximately -0.38%. Over the course of the year, Exelixis Inc shares have jumped approximately 11.29%. Shares of the company reached a 52-week high of $40.02 on 03/10/25 and a 52-week low of $31.90 on 01/24/25. A 50-day SMA is recorded $35.46, while a 200-day SMA reached $29.74.
Support And Resistance Levels for Exelixis Inc (EXEL)
According to the 24-hour chart, there is a support level at 36.45, which, if violated, would cause prices to drop to 35.84. In the upper region, resistance lies at 37.45. The next price resistance is at 37.84. RSI (Relative Strength Index) is 52.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.91, which suggests the price will decrease in the coming days. Percent R is at 74.94%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
