Alector Inc (NASDAQ: ALEC) is -38.10% lower on its value in year-to-date trading and has touched a low of $0.87 and a high of $6.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALEC stock was last observed hovering at around $1.04 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $1.17, the stock is 6.74% and -3.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 12.50% at the moment leaves the stock -62.67% off its SMA200. ALEC registered -77.92% loss for a year compared to 6-month loss of -76.58%.
The stock witnessed a 19.46% gain in the last 1 month and extending the period to 3 months gives it a -33.14%, and is -10.00% 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 11.31% over the week and 9.82% over the month.
Alector Inc (ALEC) has around 238 employees, a market worth around $116.99M and $88.34M in sales. Profit margin for the company is -139.74%. Distance from 52-week low is 34.48% and -82.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-97.33%).
The EPS is expected to shrink by -56.33% this year.
Alector Inc (ALEC) Top Institutional Holders
The shares outstanding are 99.99M, and float is at 75.59M with Short Float at 7.09%.
The top institutional shareholder in the company is FMR LLC with over 14.46 million shares valued at $65.64 million. The investor’s holdings represent 14.9545% of the ALEC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.1 million shares valued at $41.32 million to account for 9.4145 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.32 million shares representing 5.504% and valued at over $24.16 million, while DEEP TRACK CAPITAL, LP holds 4.7913 of the shares totaling 4.63 million with a market value of $21.03 million.
Alector Inc (ALEC) Insider Activity
The most recent transaction is an insider sale by Kenkare-Mitra Sara, the company’s President and Head of R&D. SEC filings show that Kenkare-Mitra Sara sold 29,073 shares of the company’s common stock on Mar 03 ’25 at a price of $1.47 per share for a total of $42662.0. Following the sale, the insider now owns 0.54 million shares.
Alector Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Rosenthal Arnon (Chief Executive Officer) sold a total of 40,330 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $1.47 per share for $59176.0. Following the transaction, the insider now directly holds 2.47 million shares of the ALEC stock.
Still, SEC filings show that on Mar 03 ’25, GRASSO MARC (Chief Financial Officer) disposed off 18,091 shares at an average price of $1.47 for $26547.0. The insider now directly holds 312,560 shares of Alector Inc (ALEC).
