Exelixis Inc (NASDAQ: EXEL) is 7.06% higher on its value in year-to-date trading and has touched a low of $20.01 and a high of $36.97 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 $35.30 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $35.65, the stock is 4.03% and 2.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.25 million and changing 0.99% at the moment leaves the stock 32.90% off its SMA200. EXEL registered 59.08% gain for a year compared to 6-month gain of 58.09%. The firm has a 50-day simple moving average (SMA 50) of $34.8306 and a 200-day simple moving average (SMA200) of $26.7664.
The stock witnessed a 0.65% loss in the last 1 month and extending the period to 3 months gives it a 35.91%, and is 7.38% 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 3.96% over the week and 2.64% over the month.
Exelixis Inc (EXEL) has around 1310 employees, a market worth around $10.18B and $2.08B in sales. Current P/E ratio is 22.72 and Fwd P/E is 19.64. Profit margin for the company is 22.43%. Distance from 52-week low is 78.12% and -3.57% from its 52-week high. The company has generated returns on investments over the last 12 months (18.90%).
with sales reaching $565.47M over the same period.The EPS is expected to grow by 160.60% this year, but quarterly earnings will post 18.43% year-over-year. Quarterly sales are estimated to grow 17.89% in year-over-year returns.
Exelixis Inc (EXEL) Top Institutional Holders
630.0 institutions hold shares in Exelixis Inc (EXEL), with institutional investors hold 90.66% of the company’s shares. The shares outstanding are 285.78M, and float is at 278.50M with Short Float at 3.75%. Institutions hold 89.28% 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 60,000 shares of the company’s common stock on Nov 29 ’24 at a price of $36.67 per share for a total of $2.2 million. Following the sale, the insider now owns 0.49 million shares.
Still, SEC filings show that on Nov 22 ’24, Haley Patrick J. (EVP, Commercial) disposed off 10,000 shares at an average price of $35.27 for $0.35 million. The insider now directly holds 278,665 shares of Exelixis Inc (EXEL).
