In last trading session, Alector Inc (NASDAQ:ALEC) saw 0.3 million shares changing hands with its beta currently measuring 0.86. Company’s recent per share price level of $1.59 trading at -$0.08 or -4.79% at ring of the bell on the day assigns it a market valuation of $158.99M. That closing price of ALEC’s stock is at a discount of -326.42% from its 52-week high price of $6.78 and is indicating a premium of 45.28% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.43 million shares which gives us an average trading volume of 847.12K if we extend that period to 3-months.
For Alector Inc (ALEC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.12. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Alector Inc (NASDAQ:ALEC) trade information
Alector Inc’s shares saw a change of -73.85% in year-to-date performance and have moved -1.24% in past 5-day. Alector Inc (NASDAQ:ALEC) showed a performance of 4.61% in past 30-days. Number of shares sold short was 6.37 million shares which calculate 6.32 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 60.25% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -151.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -151.57% for stock’s current value.
Alector Inc (ALEC) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.31% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -53.19% while estimates for its earnings growth in next 5 years are of 10.34%.
Alector Inc (NASDAQ:ALEC)’s Major holders
Insiders are in possession of 9.95% of company’s total shares while institution are holding 80.82 percent of that, with stock having share float percentage of 89.75%. Investors also watch the number of corporate investors in a company very closely, which is 80.82% institutions for Alector Inc that are currently holding shares of the company. FMR LLC is the top institutional holder at ALEC for having 14.46 million shares of worth $65.64 million. And as of 2024-06-30, it was holding 14.9545 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.4145 of outstanding shares, having a total worth of $41.32 million.
On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and Fidelity Select Portfolios-Biotechnology Portfolio are the top two Mutual Funds which own company’s shares. As of May 31, 2025, the former fund manager was holding 3.68 shares of worth $5.84 million or 3.68% of the total outstanding shares. The later fund manager was in possession of 3.01 shares on May 31, 2025, making its stake of worth around $4.79 million in the company or a holder of 3.01% of company’s stock.
