ALEC short interest surges, indicating growing pessimism among investors

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alector Inc shares valued at $1,440 were sold by Yaffe Kristine on Jun 20 ’25. At $1.44 per share, Yaffe Kristine sold 1,000 shares. The insider’s holdings dropped to 95,409 shares worth approximately $0.16 million following the completion of this transaction.

Also, GRASSO MARC sold 16,488 shares, netting a total of over 22,068 in proceeds. Following the sale of shares at $1.34 each, the insider now holds 296,072 shares.

Before that, Kenkare-Mitra Sara had sold 23,890 shares from its account. In a trade valued at $31,974, the President and Head of R&D traded Alector Inc shares for $1.34 each. Upon closing the transaction, the insider’s holdings decreased to 23,890 shares, worth approximately $0.88 million.

As published in a research note from Mizuho on December 17, 2024, Alector Inc [ALEC] has been rated down from an Outperform to a Neutral and the price target has been revised to $2.50 from $9. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid December. As of December 04, 2024, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for ALEC. Earlier on November 29, 2024, H.C. Wainwright resumed its rating. Their recommendation was “a Buy” for ALEC stock.

Analyzing ALEC Stock Performance

On last trading session,, Alector Inc [NASDAQ: ALEC] rose 4.24% to $1.72. The stock’s lowest price that day was $1.62, but it reached a high of $1.73 in the same session. During the last five days, there has been a surge of approximately 14.67%. Over the course of the year, Alector Inc shares have dropped approximately -62.69%. Shares of the company reached a 52-week high of $2.1550 on 01/06/25 and a 52-week low of $0.8700 on 04/09/25.

Support And Resistance Levels for Alector Inc (ALEC)

According to the 24-hour chart, there is a support level at 1.6450, which, if violated, would cause prices to drop to 1.5700. In the upper region, resistance lies at 1.7700. The next price resistance is at 1.8200. RSI (Relative Strength Index) is 65.06 on the 14-day chart, showing neutral technical sentiment.

Is Alector Inc subject to short interest?

Stocks of Alector Inc saw a sharp rise in short interest on 2025-06-13 jumping by 1.01 million shares to 6.37 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.37 million shares. A jump of 15.81% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.32 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.32.

Which companies own the most shares of Alector Inc (ALEC)?

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In terms of Alector Inc share price expectations, FactSet research, analysts set an average price target of 4 in the next 12 months, up nearly 142.42% from the previous closing price of $1.65. Analysts anticipate Alector Inc stock to reach 4 by 2025, with the lowest price target being 4. In spite of this, 4 analysts ranked Alector Inc stock as Buy at the end of 2025. On November 26, 2024, Morgan Stanley assigned a price target of “an Underweight” to the stock and downgraded coverage with a $3.

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