Exelixis Inc (NASDAQ: EXEL) is 9.67% higher on its value in year-to-date trading and has touched a low of $18.64 and a high of $27.53 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EXEL stock was last observed hovering at around $26.30 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $26.31, the stock is 8.56% and 14.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 0.04% at the moment leaves the stock 17.67% off its SMA200. EXEL registered 22.03% gain for a year compared to 6-month gain of 29.03%.
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The stock witnessed a 16.88% loss in the last 1 month and extending the period to 3 months gives it a 24.57%, and is -3.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.29% over the week and 2.69% over the month.
Exelixis Inc (EXEL) has around 1310 employees, a market worth around $7.50B and $2.01B in sales. Current P/E ratio is 22.53 and Fwd P/E is 17.93. Profit margin for the company is 17.38%. Distance from 52-week low is 41.15% and -4.43% from its 52-week high. The company has generated returns on investments over the last 12 months (15.10%).
Exelixis Inc quarterly earnings per share for the current quarter are estimated at 0.35 with sales reaching $487.16M over the same period.The EPS is expected to grow by 134.19% this year, but quarterly earnings will post 12.00% year-over-year. Quarterly sales are estimated to grow 2.90% in year-over-year returns.
584.0 institutions hold shares in Exelixis Inc (EXEL), with institutional investors hold 89.65% of the company’s shares. The shares outstanding are 302.79M, and float is at 278.03M with Short Float at 3.66%. Institutions hold 87.65% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 34.88 million shares valued at $$827.76 million. The investor’s holdings represent 11.5983 of the EXEL Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 30.82 million shares valued at $$731.35 million to account for 10.2474 of the shares outstanding. The other top investors are FARALLON CAPITAL MANAGEMENT LLC which holds 26.68 million shares representing 8.8705 and valued at over $$633.08 million, while RENAISSANCE TECHNOLOGIES LLC holds 5.0212 of the shares totaling 15.1 million with a market value of $$358.36 million.
Exelixis Inc (EXEL) Insider Activity
The most recent transaction is an insider sale by Aftab Dana, the company’s CSO/EVP Disc & Trans Research. SEC filings show that Aftab Dana sold 20,883 shares of the company’s common stock on Aug 12 ’24 at a price of $27.06 per share for a total of $0.57 million. Following the sale, the insider now owns 0.5 million shares.
Still, SEC filings show that on Aug 08 ’24, POSTE GEORGE (Director) disposed off 33,725 shares at an average price of $26.89 for $0.91 million. The insider now directly holds 199,020 shares of Exelixis Inc (EXEL).
