In a filing, Alector Inc revealed its Chief Financial Officer GRASSO MARC unloaded Company’s shares for reported $22068.0 on Jun 02 ’25. In the deal valued at $1.34 per share,16,488 shares were sold. As a result of this transaction, GRASSO MARC now holds 296,072 shares worth roughly $0.47 million.
Then, Kenkare-Mitra Sara sold 23,890 shares, generating $31,974 in total proceeds. Upon selling the shares at $1.34, the President and Head of R&D now owns 512,252 shares.
Before that, Rosenthal Arnon sold 52,087 shares. Alector Inc shares valued at $69,713 were divested by the Chief Executive Officer at a price of $1.34 per share. As a result of the transaction, Rosenthal Arnon now holds 2,414,657 shares, worth roughly $3.84 million.
Mizuho downgraded its Alector Inc [ALEC] rating to a Neutral from a an Outperform in a research note published on December 17, 2024; the price target was decreased to $2.50 from $9. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. BofA Securities also remained covering ALEC and has decreased its forecast on December 04, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. H.C. Wainwright maintained its rating on November 29, 2024. It rated ALEC as “a Buy”.
Price Performance Review of ALEC
On Tuesday, Alector Inc [NASDAQ:ALEC] saw its stock jump 10.42% to $1.59. Over the last five days, the stock has gained 7.43%. Alector Inc shares have fallen nearly -15.87% since the year began. Nevertheless, the stocks have fallen -63.62% over the past one year.
How much short interest is there in Alector Inc?
A steep rise in short interest was recorded in Alector Inc stocks on 2025-05-15, dropping by -0.21 million shares to a total of 5.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 5.58 million shares. There was a decline of -3.99%, which implies that there is a negative sentiment for the stock.
