Alector (ALEC) News Today

Acadian Asset Management LLC grew its holdings in Alector, Inc. (NASDAQ:ALEC - Free Report) by 211.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 444,647 shares of the company's stock after purchasing an additional

Susquehanna Fundamental Investments LLC bought a new position in shares of Alector, Inc. (NASDAQ:ALEC - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 126,164 shares of the company's stock, valued at approximately $760,000. Susq

Alector, Inc. (NASDAQ:ALEC - Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 4,280,000 shares, a decline of 22.2% from the June 15th total of 5,500,000 shares. Currently, 5.7% of the shares of the company are short sold. Based on an average daily volume of 640,800 shares, the short-interest ratio is presently 6.7 days.

Alector, Inc. (NASDAQ:ALEC - Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 5,500,000 shares, a decrease of 35.8% from the May 31st total of 8,570,000 shares. Approximately 7.3% of the company's stock are sold short. Based on an average daily trading volume, of 623,700 shares, the short-interest ratio is currently 8.8 days.

Shares of Alector, Inc. (NASDAQ:ALEC - Get Free Report) have earned a consensus rating of "Moderate Buy" from the seven research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued

Cantor Fitzgerald restated an "overweight" rating on shares of Alector in a research report on Thursday.

Alector, Inc. (NASDAQ:ALEC - Get Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 8,570,000 shares, an increase of 9.3% from the May 15th total of 7,840,000 shares. Based on an average trading volume of 619,000 shares, the days-to-cover ratio is presently 13.8 days. Approximately 11.4% of the company's shares are sold short.

Braidwell LP lowered its stake in Alector, Inc. (NASDAQ:ALEC - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,324,308 shares of the company's stock after selling 749,812 shares during

Alector, Inc. (NASDAQ:ALEC - Get Free Report) CFO Marc Grasso sold 6,920 shares of the firm's stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $4.80, for a total transaction of $33,216.00. Following the completion of the sale, the chief financial officer now owns 138,037 shares in the company, valued at approximately $662,577.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Campbell & CO Investment Adviser LLC acquired a new position in Alector, Inc. (NASDAQ:ALEC - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 240,625 shares of the company's sto

Shares of Alector, Inc. (NASDAQ:ALEC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating

HC Wainwright lowered their price target on Alector from $41.00 to $35.00 and set a "buy" rating for the company in a report on Thursday.

Cantor Fitzgerald reissued an "overweight" rating on shares of Alector in a report on Thursday.

Alector (NASDAQ:ALEC) Trading Up 9.8%

Alector (NASDAQ:ALEC) Shares Down 4.5%

Vanguard Group Inc. trimmed its position in shares of Alector, Inc. (NASDAQ:ALEC - Free Report) by 16.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,520,908 shares of the company's stock after selling 1,107,318

Jacobs Levy Equity Management Inc. grew its holdings in shares of Alector, Inc. (NASDAQ:ALEC - Free Report) by 33.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 778,077 shares of the company's stock after purchasing an ad

Euclidean Capital LLC lifted its stake in shares of Alector, Inc. (NASDAQ:ALEC - Free Report) by 33.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,307,858 shares of the company's stock after purchasing an additional 326,964 shares during the p

Alector (NASDAQ:ALEC) Stock Price Down 5.5%

Federated Hermes Inc. reduced its stake in shares of Alector, Inc. (NASDAQ:ALEC - Free Report) by 68.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 155,656 shares of the company's stock after selling 332,078 shares during the period. Federated Hermes

Alector, Inc. (NASDAQ:ALEC - Free Report) - Stock analysts at HC Wainwright lowered their FY2024 earnings per share estimates for shares of Alector in a research note issued to investors on Wednesday, February 28th. HC Wainwright analyst A. Fein now forecasts that the company will post earnings o

Alector, Inc. (NASDAQ:ALEC - Free Report) - Analysts at HC Wainwright issued their Q1 2024 EPS estimates for Alector in a note issued to investors on Wednesday, February 28th. HC Wainwright analyst A. Fein anticipates that the company will post earnings per share of ($0.56) for the quarter. HC Wa

Fmr LLC grew its position in Alector, Inc. (NASDAQ:ALEC - Free Report) by 58.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,172,045 shares of the company's stock after acquiring an additional 4,481,420 shares during the period. Fmr LL