In today’s recent session, 0.4 million shares of the Alector Inc (NASDAQ:ALEC) have been traded, and its beta is 0.89. Most recently the company’s share price was $1.91, and it changed around $0.15 or 8.60% from the last close, which brings the market valuation of the company to $191.13M. ALEC at last check was trading at a discount to its 52-week high of $6.63, offering almost -247.12% off that amount. The share price’s 52-week low was $0.87, which indicates that the recent value has risen by an impressive 54.45% since then. We note from Alector Inc’s average daily trading volume that its 10-day average is 0.33 million shares, with the 3-month average coming to 769.05K.
Alector Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.88. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended ALEC as a Hold, whereas 4 deemed it a Buy, and 1 rated it as Underweight.
Alector Inc (NASDAQ:ALEC) trade information
Instantly ALEC has been showing a green trend so far today with a performance of 8.60% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9900 on recent trading dayincreased the stock’s daily price by 4.02%. The company’s shares are currently down -69.80% year-to-date, but still up 17.99% over the last five days. On the other hand, Alector Inc (NASDAQ:ALEC) is 27.43% up in the 30-day period. We can see from the shorts that 5.87 million shares have been sold at a short interest cover period of 11.04 day(s).
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 52.25% from its current value. Analyst projections state that ALEC is forecast to be at a low of $4 and a high of $4.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 6.31%. Alector Inc earnings are expected to increase by -52.24% in 2025, but the outlook is positive 13.18% per year for the next five years.
ALEC Dividends
Alector Inc’s next quarterly earnings report is expected to be released on 2025-Jun-12.
Alector Inc (NASDAQ:ALEC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.61% of Alector Inc shares, and 80.74% of them are in the hands of institutional investors. The stock currently has a share float of 90.32%. Alector Inc stock is held by 198.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 14.9545% of the shares, which is about 14.46 million shares worth $65.64 million.
BLACKROCK INC., with 9.4145% or 9.1 million shares worth $41.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and Fidelity Select Portfolios-Select Biotechnology Portfolio were the top two Mutual Funds as of Apr 30, 2025 . The former held 3.67 shares worth $7.02 million, making up 3.67% of all outstanding shares. On the other hand, Fidelity Select Portfolios-Select Biotechnology Portfolio held roughly 3.01 shares worth around $5.77 million, which represents about 3.01% of the total shares outstanding.
