Xencor Inc (NASDAQ: XNCR) is 13.52% higher on its value in year-to-date trading and has touched a low of $15.31 and a high of $26.84 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 XNCR stock was last observed hovering at around $23.72 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $24.10, the stock is 6.65% and 12.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 1.60% at the moment leaves the stock 15.52% off its SMA200. XNCR registered 30.27% gain for a year compared to 6-month loss of 1.47%. The firm has a 50-day simple moving average (SMA 50) of $21.3322 and a 200-day simple moving average (SMA200) of $20.83455.
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The stock witnessed a 14.27% gain in the last 1 month and extending the period to 3 months gives it a 36.39%, and is 2.55% 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 3.42% over the week and 3.57% over the month.
Xencor Inc (XNCR) has around 280 employees, a market worth around $1.69B and $85.16M in sales. Profit margin for the company is -232.77%. Distance from 52-week low is 57.41% and -10.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.76%).
The EPS is expected to shrink by -77.75% this year
297.0 institutions hold shares in Xencor Inc (XNCR), with institutional investors hold 105.32% of the company’s shares. The shares outstanding are 69.98M, and float is at 65.88M with Short Float at 7.60%. Institutions hold 104.40% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.1 million shares valued at $210.18 million. The investor’s holdings represent 18.1388 of the XNCR Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 9.12 million shares valued at $172.57 million to account for 14.8928 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 7.0 million shares representing 11.4307 and valued at over $132.45 million, while ECOR1 CAPITAL, LLC holds 8.7081 of the shares totaling 5.33 million with a market value of $100.9 million.
Xencor Inc (XNCR) Insider Activity
Xencor Inc disclosed in a document filed with the SEC on Nov 13 ’24 that Dahiyat Bassil I (PRESIDENT & CEO) sold a total of 3,366 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $24.02 per share for $80842.0. Following the transaction, the insider now directly holds 0.35 million shares of the XNCR stock.
Still, SEC filings show that on Nov 11 ’24, Desjarlais John R (SR. VICE PRESIDENT & CSO) disposed off 68,684 shares at an average price of $23.48 for $1.61 million. The insider now directly holds 200,104 shares of Xencor Inc (XNCR).
