Exelixis Inc (NASDAQ: EXEL) is 44.94% higher on its value in year-to-date trading and has touched a low of $19.20 and a high of $34.65 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 $34.29 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $34.77, the stock is 18.41% and 26.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.75 million and changing 1.40% at the moment leaves the stock 45.84% off its SMA200. EXEL registered 65.57% gain for a year compared to 6-month gain of 56.98%. The firm has a 50-day simple moving average (SMA 50) of $27.2918 and a 200-day simple moving average (SMA200) of $23.78.
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The stock witnessed a 32.16% loss in the last 1 month and extending the period to 3 months gives it a 31.11%, and is 21.02% up 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 4.00% over the week and 3.22% over the month.
Exelixis Inc (EXEL) has around 1310 employees, a market worth around $9.93B and $2.08B in sales. Current P/E ratio is 22.16 and Fwd P/E is 21.19. Profit margin for the company is 22.43%. Distance from 52-week low is 81.09% and 0.34% from its 52-week high. The company has generated returns on investments over the last 12 months (18.90%).
with sales reaching $556.58M over the same period.The EPS is expected to grow by 156.75% this year, but quarterly earnings will post 17.30% year-over-year. Quarterly sales are estimated to grow 16.00% in year-over-year returns.
Exelixis Inc (EXEL) Top Institutional Holders
594.0 institutions hold shares in Exelixis Inc (EXEL), with institutional investors hold 88.98% of the company’s shares. The shares outstanding are 302.79M, and float is at 278.25M with Short Float at 3.59%. Institutions hold 87.47% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 33.5 million shares valued at $752.8 million. The investor’s holdings represent 11.1393% of the EXEL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 29.65 million shares valued at $666.33 million to account for 9.8598 of the shares outstanding. The other top investors are FARALLON CAPITAL MANAGEMENT LLC which holds 27.1 million shares representing 9.0114% and valued at over $608.99 million, while RENAISSANCE TECHNOLOGIES LLC holds 5.0416 of the shares totaling 15.16 million with a market value of $340.71 million.
Exelixis Inc (EXEL) Insider Activity
The most recent transaction is an insider sale by Hessekiel Jeffrey, the company’s EVP & General Counsel. SEC filings show that Hessekiel Jeffrey sold 50,000 shares of the company’s common stock on Nov 01 ’24 at a price of $34.13 per share for a total of $1.71 million. Following the sale, the insider now owns 0.53 million shares.
Exelixis Inc disclosed in a document filed with the SEC on Nov 01 ’24 that POSTE GEORGE (Director) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Nov 01 ’24 and was made at $34.00 per share for $1.02 million. Following the transaction, the insider now directly holds 0.17 million shares of the EXEL stock.
Still, SEC filings show that on Nov 05 ’24, DANA T AFTAB (Officer) Proposed Sale 96,986 shares at an average price of $35.00 for $3.39 million. The insider now directly holds shares of Exelixis Inc (EXEL).
