Health Care

Sells 19745 Shares of Exelixis, Inc. (EXEL)

It fall, as 21 investors sold Exelixis, Inc. shares while 78 reduced holdings. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Vanguard Group Inc. now owns 23,735,071 shares of the biotechnology company's stock worth $514,339,000 after buying an additional 2,696,877 shares during the period. Institutional investors and hedge funds own 80.82% of the company's stock. (NASDAQ:EXEL). Martingale Asset Management Ltd Partnership has invested 0.01% in Exelixis, Inc. Atlantic Trust Group LLC purchased a new position in shares of Exelixis during the first quarter valued at $216,000. LLC bought a new position in shares of Exelixis during the first quarter worth about $217,000. Creative Planning now owns 92,538 shares of the biotechnology company's stock valued at $2,279,000 after buying an additional 41,730 shares in the last quarter. State Street Corp raised its stake in shares of Exelixis by 2.1% in the first quarter. Commerzbank Aktiengesellschaft Fi stated it has 0% in Exelixis, Inc. The fund owned 17,304 shares of the biotechnology company's stock after selling 71,531 shares during the period.

Exelixis, Inc. closed its last trading session at $26.21 with the loss of -0.23%. (NASDAQ:EXEL) opened at 26.21 on Tuesday. The Market Capitalization of the company stands at 7.6 Billion.

The stock Hit its 1-year high of $18.17 on 07/19/16 and its 1-year low price of $5.84 on 05/04/17.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -0.54% and has a pretty decent Year to Date (YTD) Performance of 2.13% which means the stock is constantly adding to its value from previous fiscal year end price. The biotechnology company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.06. The value of the investment in Exelixis, Inc. went from $1,232,000 to $1,437,000 a change of 16.6% quarter to quarter. The company had revenue of $80.90 million for the quarter, compared to the consensus estimate of $65.23 million.

While looking at the Stock's Performance, Exelixis, Inc. now shows a Weekly Performance of 2.87%, where Monthly Performance is 35.77%, Quarterly performance is 25.24%, 6 Months performance is 46.99% and yearly performance percentage is 210.57%. The business's revenue was up 425.3% on a year-over-year basis. During the same period in the prior year, the business posted ($0.27) EPS.

ILLEGAL ACTIVITY NOTICE: "Morgan Stanley Sells 943,873 Shares of Exelixis, Inc".

TRADEMARK VIOLATION WARNING: "KCG Holdings Inc". If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of global trademark and copyright legislation. The original version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/07/19/exelixis-inc-exel-stake-cut-by-sei-investments-co-updated-updated-updated.html. (EXEL). The moving average uses the sum of all of the previous closing prices over a certain time period and divides the result by the number of prices used in the calculation. Needham & Company LLC initiated coverage on Exelixis in a research report on Friday, March 31st. They set a "buy" rating and a $33.00 price target on the stock. Zacks Investment Research raised Exelixis from a "hold" rating to a "strong-buy" rating and set a $29.00 price target for the company in a report on Tuesday, July 11th. On April 4 the company was upgraded from "Hold" to "Buy" in a report from Stifel Nicolaus. SunTrust Banks, Inc. initiated coverage on Exelixis in a report on Thursday, July 13th. A rating of 3 would signify a consensus Hold recommendation. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Piper Jaffray both downgraded the stock and lowered the price target on September 2 cutting the price target from $11.00 to $2.50 and setting the rating at "Neutral" which had previously been "Overweight". Also, insider Patrick J. Haley sold 5,000 shares of the stock in a transaction dated Tuesday, May 30th. SunTrust Banks now has a "Buy" rating and a $33.00 price objective on the stock. The company maintains price to book ratio of 63.98 vs.an industry average at 18.81. While the company's share hit the 52 week high on 07/14/17 stationing the value of $27.63. The disclosure for this sale can be found here.



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