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Unraveling the Surge in Exelixis Stock Today

Exelixis shares rose 2.5% this morning to a price of $44.21. The stock is still trading within range of its average target price of $45.0, and over the last 52 weeks, it has recorded a 21.3% performance. Analysts have given the Large-Cap Biotechnology stock target prices ranging from $30.0 to $60.0 dollars per share, with an average rating of buy.

The stock has an above average percentage of its shares sold short at 10.4%, and a short ratio of 6.37. The company's insiders own 2.19% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 97.6% of Exelixis's shares being owned by this investor type.

Institutions Invested in Exelixis

Date Reported Holder Percentage Shares Value
2025-09-30 Blackrock Inc. 11% 29,366,959 $1,298,313,230
2025-09-30 Vanguard Group Inc 10% 26,064,571 $1,152,314,660
2025-09-30 Farallon Capital Management LLC 7% 19,501,500 $862,161,297
2025-09-30 Renaissance Technologies, LLC 6% 15,459,266 $683,454,135
2025-09-30 State Street Corporation 4% 11,114,815 $491,385,960
2025-09-30 AQR Capital Management, LLC 3% 9,181,359 $405,907,872
2025-09-30 Fuller & Thaler Asset Management Inc. 3% 8,320,794 $367,862,295
2025-09-30 LSV Asset Management 3% 7,768,627 $343,450,992
2025-09-30 Geode Capital Management, LLC 3% 7,670,959 $339,133,090
2025-09-30 Invesco Ltd. 2% 5,960,525 $263,514,804

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Exelixis.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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