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Exelixis (EXEL) News Today

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$42.39 -0.47 (-1.10%)
Closing price 05/23/2025 04:00 PM Eastern
Extended Trading
$42.62 +0.23 (+0.55%)
As of 05/23/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Exelixis Down Today?

Exelixis, Inc. (NASDAQ: EXEL) shares are trading higher as investors weigh a string of bullish analyst actions, encouraging clinical data and significant institutional inflows—partially offset by insider sales.

  • Zacks upgraded EXEL to a #2 (Buy) rank, signaling rising confidence in the company’s upcoming earnings.
  • Analyst revisions lifted earnings estimates for EXEL, underlining stronger near-term revenue prospects.
  • William Blair maintained its Buy rating, citing zanzalintinib’s demonstrated efficacy and anticipated Phase III trial success.
  • Phase 1b/2 STELLAR-002 expansion cohort data showed superior efficacy of the zanzalintinib/Opdivo combo in advanced kidney cancer.
  • “Big Money” inflows suggest heavy institutional buying interest in Exelixis shares.
  • A growth-oriented analysis highlighted three reasons why Exelixis could outperform its biotech peers.
  • A comparative report evaluated Exelixis vs. argenex (ARGX) to determine the better value opportunity in biotech.
  • Management will host fireside chats at the TD Cowen Oncology Innovation Summit and the William Blair Growth Stock Conference in late May and June.
  • Director Tomas J. Heyman sold 4,544 shares—reducing his stake by 12.3% at an average price of $44.29.
  • EVP Patrick J. Haley sold 34,387 shares (about $1.5 million) at roughly $44.06 per share.

Positive catalysts are driving EXEL higher, though recent insider selling indicates some executives are taking profits at current levels.

Posted 1+ days agoAI Generated. May Contain Errors.

EXEL Latest News

Exelixis, Inc. stock logo
Voloridge Investment Management LLC Makes New Investment in Exelixis, Inc. (NASDAQ:EXEL)
Voloridge Investment Management LLC acquired a new position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 910,534 shares of the biotechnology company's stock, valued at approximately
Exelixis, Inc. stock logo
Tidal Investments LLC Grows Stock Holdings in Exelixis, Inc. (NASDAQ:EXEL)
Tidal Investments LLC increased its position in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 187.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,665 shares of the biotechnology co
Exelixis, Inc. stock logo
Two Sigma Investments LP Buys 478,889 Shares of Exelixis, Inc. (NASDAQ:EXEL)
Two Sigma Investments LP boosted its stake in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 56.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,328,553 shares of the biotechnology company's stock after acquiring an additional
Exelixis, Inc. stock logo
Exelixis, Inc. (NASDAQ:EXEL) Shares Bought by State of Wyoming
State of Wyoming increased its holdings in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 357.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,360 shares of the biotechnology company's stock after buying an additional 9,658 shares during the period. Stat
Exelixis, Inc. stock logo
Vident Advisory LLC Acquires 36,850 Shares of Exelixis, Inc. (NASDAQ:EXEL)
Vident Advisory LLC boosted its holdings in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 31.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 155,874 shares of the biotechnology company's stock after acquiri
Exelixis, Inc. stock logo
Exelixis, Inc. (NASDAQ:EXEL) Shares Sold by Two Sigma Advisers LP
Two Sigma Advisers LP decreased its stake in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,627,890 shares of the biotechnology company's stock after selling 74,700 shares during the period
Exelixis, Inc. stock logo
Man Group plc Lowers Position in Exelixis, Inc. (NASDAQ:EXEL)
Man Group plc cut its stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 19.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 238,506 shares of the biotechnology company's stock after selling 59,204 shares during the
Exelixis, Inc. stock logo
Teza Capital Management LLC Buys Shares of 31,021 Exelixis, Inc. (NASDAQ:EXEL)
Teza Capital Management LLC bought a new stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 31,021 shares of the biotechnology company's stock, valued at approximately $1,033,000. A
Exelixis, Inc. stock logo
49,256 Shares in Exelixis, Inc. (NASDAQ:EXEL) Bought by Tema Etfs LLC
Tema Etfs LLC acquired a new position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 49,256 shares of the biotechnology company's stock, valued at approximately $1,640,000. A n
Exelixis, Inc. stock logo
Rafferty Asset Management LLC Has $7.27 Million Stock Holdings in Exelixis, Inc. (NASDAQ:EXEL)
Rafferty Asset Management LLC decreased its stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 218,357 shares of the biotechnology company's stock after se
Exelixis, Inc. stock logo
Laird Norton Wetherby Wealth Management LLC Takes $234,000 Position in Exelixis, Inc. (NASDAQ:EXEL)
Laird Norton Wetherby Wealth Management LLC bought a new stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,015 shares of the biotechnology company's stock
Exelixis, Inc. stock logo
Redwood Investment Management LLC Makes New $1.41 Million Investment in Exelixis, Inc. (NASDAQ:EXEL)
Redwood Investment Management LLC bought a new position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 42,286 shares of the biotechnology company's stock, valued at approximatel
Exelixis, Inc. stock logo
Nomura Holdings Inc. Lowers Stake in Exelixis, Inc. (NASDAQ:EXEL)
Nomura Holdings Inc. lowered its position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 35.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,601 shares of the biotechnology company'
Exelixis, Inc. stock logo
Nuveen Asset Management LLC Sells 221,143 Shares of Exelixis, Inc. (NASDAQ:EXEL)
Nuveen Asset Management LLC cut its holdings in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,499,915 shares of the biotechn
Exelixis, Inc. stock logo
Exelixis, Inc. (NASDAQ:EXEL) Shares Acquired by Bank of America Corp DE
Bank of America Corp DE raised its stake in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,214,689 shares of the biotechnology company's stock a
Exelixis (NASDAQ:EXEL) Cut to "Buy" at StockNews.com
Exelixis, Inc. stock logo
Redwood Investments LLC Takes Position in Exelixis, Inc. (NASDAQ:EXEL)
Redwood Investments LLC purchased a new position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 122,921 shares of the biotechnology company's stock, valued
Exelixis, Inc. stock logo
Lazard Asset Management LLC Increases Stock Position in Exelixis, Inc. (NASDAQ:EXEL)
Lazard Asset Management LLC lifted its holdings in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 80.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 214,462 shares of the biotechnology comp
Exelixis, Inc. stock logo
Graham Capital Management L.P. Boosts Stake in Exelixis, Inc. (NASDAQ:EXEL)
Graham Capital Management L.P. lifted its stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 81.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,821 shares of the biotechnology company's stock afte
Price Over Earnings Overview: Exelixis
Exelixis, Inc. stock logo
Exelixis, Inc. (NASDAQ:EXEL) Shares Sold by Ameriprise Financial Inc.
Ameriprise Financial Inc. cut its stake in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 41.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 933,675 shares of the biotechnology company's stock after selling 657
Hot or Not, Stock Market Edition: 05/16/2025
Exelixis, Inc. stock logo
Mubadala Investment Co PJSC Makes New $2.32 Million Investment in Exelixis, Inc. (NASDAQ:EXEL)
Mubadala Investment Co PJSC bought a new position in shares of Exelixis, Inc. (NASDAQ:EXEL - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 69,579 shares of the biotechnology company's stock, valued
Exelixis, Inc. stock logo
Hudson Bay Capital Management LP Invests $4.16 Million in Exelixis, Inc. (NASDAQ:EXEL)
Hudson Bay Capital Management LP bought a new stake in Exelixis, Inc. (NASDAQ:EXEL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 125,000 shares of the biotechnology
Exelixis, Inc. stock logo
Ensign Peak Advisors Inc Lowers Holdings in Exelixis, Inc. (NASDAQ:EXEL)
Ensign Peak Advisors Inc trimmed its holdings in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 10.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 335,000 shares of the biotechnology company's st
Exelixis, Inc. stock logo
Captrust Financial Advisors Acquires 20,027 Shares of Exelixis, Inc. (NASDAQ:EXEL)
Captrust Financial Advisors increased its holdings in Exelixis, Inc. (NASDAQ:EXEL - Free Report) by 56.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,457 shares of the biotechnology company's stock a
Exelixis: A Notable Quarter
Exelixis: A Notable Quarter
Why Exelixis (EXEL) Shares Are Surging Today
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EXEL Media Mentions By Week

EXEL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

EXEL
News Sentiment

1.06

0.75

Average
Medical
News Sentiment

EXEL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

EXEL Articles
This Week

24

14

EXEL Articles
Average Week

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This page (NASDAQ:EXEL) was last updated on 5/25/2025 by MarketBeat.com Staff
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