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Exelixis director sells nearly 29% of her shares, reducing her stake to about $1.06 million.
Exelixis, a biotech company focused on developing cancer treatments, saw its director Mary C. Beckerle sell 12,210 shares on February 14, reducing her stake by 28.65%.
The sale, at an average price of $34.88, brought her total holdings down to about $1.06 million.
Exelixis has a market cap of $9.82 billion and an average analyst target price of $37.24.
Several institutional investors have recently adjusted their holdings, with some increasing their stakes significantly.
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La directora de Exelixis vende casi el 29% de sus acciones, reduciendo su participación a aproximadamente $1,06 millones.