Arcellx Inc’s recent filing unveils that its CHIEF FINANCIAL OFFICER Gilson Michelle unloaded Company’s shares for reported $0.78 million on May 27 ’25. In the deal valued at $64.14 per share,12,235 shares were sold. As a result of this transaction, Gilson Michelle now holds 19,776 shares worth roughly $1.35 million.
Then, Gilson Michelle bought 12,235 shares, generating $784,776 in total proceeds.
Before that, Patel Kavita sold 1,500 shares. Arcellx Inc shares valued at $87,645 were divested by the Director at a price of $58.43 per share. As a result of the transaction, Patel Kavita now holds 0 shares, worth roughly $0.0.
Redburn Atlantic initiated its Arcellx Inc [ACLX] rating to a Buy in a research note published on October 08, 2024; the price target was $109. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in early September with a ‘”an Overweight”‘ rating. Piper Sandler began covering ACLX with “an Overweight” recommendation on May 31, 2024. Morgan Stanley started covering the stock on March 07, 2024. It rated ACLX as “an Overweight”.
Price Performance Review of ACLX
On Friday, Arcellx Inc [NASDAQ:ACLX] saw its stock jump 0.03% to $68.12. Over the last five days, the stock has gained 10.00%. Arcellx Inc shares have fallen nearly -11.17% since the year began. Nevertheless, the stocks have risen 29.06% over the past one year. While a 52-week high of $107.37 was reached on 01/03/25, a 52-week low of $47.86 was recorded on 05/07/25. SMA at 50 days reached $61.78, while 200 days put it at $73.29.
Levels Of Support And Resistance For ACLX Stock
The 24-hour chart illustrates a support level at 66.74, which if violated will result in even more drops to 65.38. On the upside, there is a resistance level at 69.15. A further resistance level may holdings at 70.20. The Relative Strength Index (RSI) on the 14-day chart is 62.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.12%. Stochastics %K at 75.64% indicates the stock is a holding.
The most recent change occurred on January 04, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $71.
