Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Xencor Inc shares valued at $30,233 were purchased by Cornelissen Bart Jan on Apr 10 ’25. At $8.06 per share, Cornelissen Bart Jan acquired 3,750 shares.
Also, Valente Nancy sold 2,565 shares, netting a total of over 34,877 in proceeds. Following the sale of shares at $13.60 each, the insider now holds 53,785 shares.
Before that, Eckert Celia had sold 5,740 shares from its account. In a trade valued at $78,047, the SVP, GENERAL COUNSEL traded Xencor Inc shares for $13.60 each. Upon closing the transaction, the insider’s holdings decreased to 5,740 shares, worth approximately $0.5 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 -11.21%. Over the course of the year, Xencor Inc shares have dropped approximately -65.54%. Shares of the company reached a 52-week high of $24.66 on 01/06/25 and a 52-week low of $7.16 on 04/09/25. A 50-day SMA is recorded $13.69, while a 200-day SMA reached $19.05.
Support And Resistance Levels for Xencor Inc (XNCR)
According to the 24-hour chart, there is a support level at 7.65, which, if violated, would cause prices to drop to 7.37. In the upper region, resistance lies at 8.41. The next price resistance is at 8.89. RSI (Relative Strength Index) is 25.39 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.80, which suggests the price will decrease in the coming days. Percent R is at 88.06%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
