Alector Inc’s filing revealed that its Director Yaffe Kristine unloaded Company’s shares for reported $1440.0 on Jun 20 ’25. In the deal valued at $1.44 per share,1,000 shares were sold. As a result of this transaction, Yaffe Kristine now holds 95,409 shares worth roughly $0.14 million.
Then, GRASSO MARC sold 16,488 shares, generating $22,068 in total proceeds. Upon selling the shares at $1.34, the Chief Financial Officer now owns 296,072 shares.
Before that, Kenkare-Mitra Sara sold 23,890 shares. Alector Inc shares valued at $31,974 were divested by the President and Head of R&D at a price of $1.34 per share. As a result of the transaction, Kenkare-Mitra Sara now holds 512,252 shares, worth roughly $0.76 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 8.36% to $1.49. Over the last five days, the stock has lost -1.32%. Alector Inc shares have fallen nearly -64.44% since the year began. Nevertheless, the stocks have fallen -21.16% over the past one year. While a 52-week high of $6.78 was reached on 01/06/25, a 52-week low of $0.87 was recorded on 04/09/25.
Levels Of Support And Resistance For ALEC Stock
The 24-hour chart illustrates a support level at 1.4017, which if violated will result in even more drops to 1.3133. On the upside, there is a resistance level at 1.5567. A further resistance level may holdings at 1.6233.
How much short interest is there in Alector Inc?
A steep rise in short interest was recorded in Alector Inc stocks on 2025-05-30, growing by 1.36 million shares to a total of 6.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 5.36 million shares. There was a rise of 20.2%, which implies that there is a positive sentiment for the stock.
