Redburn Atlantic analysts initates a Buy rating for Arcellx Inc (ACLX)

Arcellx Inc’s recently made public that its Director Patel Kavita unloaded Company’s shares for reported $0.1 million on Jun 10 ’25. In the deal valued at $67.36 per share,1,500 shares were sold. As a result of this transaction, Patel Kavita now holds 0 shares worth roughly $0.0.

Then, KAVITA K PATEL bought 1,500 shares, generating $100,290 in total proceeds.

Before that, Gilson Michelle sold 12,235 shares. Arcellx Inc shares valued at $784,777 were divested by the CHIEF FINANCIAL OFFICER at a price of $64.14 per share. As a result of the transaction, Gilson Michelle now holds 19,776 shares, worth roughly $1.27 million.

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 Monday, Arcellx Inc [NASDAQ:ACLX] saw its stock fall -2.89% to $64.09. Over the last five days, the stock has lost -4.14%. Arcellx Inc shares have fallen nearly -16.43% since the year began. Nevertheless, the stocks have risen 16.40% 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.

Levels Of Support And Resistance For ACLX Stock

The 24-hour chart illustrates a support level at 62.54, which if violated will result in even more drops to 60.98. On the upside, there is a resistance level at 66.19. A further resistance level may holdings at 68.28.

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.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.