Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Arcellx Inc shares valued at $784,777 were sold by Gilson Michelle on May 27 ’25. At $64.14 per share, Gilson Michelle sold 12,235 shares. The insider’s holdings dropped to 19,776 shares worth approximately $1.26 million following the completion of this transaction.
Also, Gilson Michelle purchased 12,235 shares, netting a total of over 784,776 in proceeds.
Before that, Patel Kavita had sold 1,500 shares from its account. In a trade valued at $87,645, the Director traded Arcellx Inc shares for $58.43 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $0.0.
As published in their initiating research note from Redburn Atlantic on October 08, 2024, Arcellx Inc [ACLX] has been a Buy and the price target has been revised to $109. Analysts at Cantor Fitzgerald started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. As of May 31, 2024, Piper Sandler has initiated its “an Overweight” rating for ACLX. Earlier on March 07, 2024, Morgan Stanley initiated its rating. Their recommendation was “an Overweight” for ACLX stock.
Analyzing ACLX Stock Performance
During the last five days, there has been a drop of approximately -2.84%. Over the course of the year, Arcellx Inc shares have dropped approximately -16.96%. Shares of the company reached a 52-week high of $81.00 on 01/03/25 and a 52-week low of $47.86 on 05/07/25.
Support And Resistance Levels for Arcellx Inc (ACLX)
According to the 24-hour chart, there is a support level at 61.32, which, if violated, would cause prices to drop to 58.96. In the upper region, resistance lies at 65.41. The next price resistance is at 67.14. RSI (Relative Strength Index) is 54.64 on the 14-day chart, showing neutral technical sentiment.
