The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Xencor Inc shares valued at $34,877 were sold by Valente Nancy on Mar 10 ’25. At $13.60 per share, Valente Nancy sold 2,565 shares. The insider’s holdings dropped to 53,785 shares worth approximately $0.62 million following the completion of this transaction.
Also, Eckert Celia sold 5,740 shares, netting a total of over 78,047 in proceeds. Following the sale of shares at $13.60 each, the insider now holds 63,507 shares.
Before that, Desjarlais John R had sold 9,697 shares from its account. In a trade valued at $131,851, the SR. VICE PRESIDENT & CSO traded Xencor Inc shares for $13.60 each. Upon closing the transaction, the insider’s holdings decreased to 9,697 shares, worth approximately $2.72 million.
As published in their initiating research note from Wells Fargo on December 12, 2024, Xencor Inc [XNCR] has been an Overweight and the price target has been revised to $37. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early December. As of April 16, 2024, BTIG Research has reiterated its “Buy” rating for XNCR. Earlier on February 28, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for XNCR stock which previously was a “an Overweight”.
Analyzing XNCR Stock Performance
During the last five days, there has been a drop of approximately -14.55%. Over the course of the year, Xencor Inc shares have dropped approximately -49.91%. Shares of the company reached a 52-week high of $24.66 on 01/06/25 and a 52-week low of $10.90 on 03/27/25. A 50-day SMA is recorded $15.81, while a 200-day SMA reached $19.62.
Support And Resistance Levels for Xencor Inc (XNCR)
According to the 24-hour chart, there is a support level at 11.09, which, if violated, would cause prices to drop to 10.66. In the upper region, resistance lies at 11.74. The next price resistance is at 11.97. RSI (Relative Strength Index) is 27.52 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.29, which suggests the price will decrease in the coming days. Percent R is at 79.12%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.