Xencor (NASDAQ:XNCR) SVP Celia Eckert Sells 1,492 Shares

Xencor, Inc. (NASDAQ:XNCRGet Free Report) SVP Celia Eckert sold 1,492 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $11.90, for a total value of $17,754.80. Following the transaction, the senior vice president owned 81,929 shares in the company, valued at $974,955.10. This represents a 1.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Xencor Stock Performance

NASDAQ XNCR traded down $1.50 on Thursday, reaching $11.24. The stock had a trading volume of 865,363 shares, compared to its average volume of 685,250. The stock has a market cap of $824.33 million, a P/E ratio of -9.06 and a beta of 0.95. Xencor, Inc. has a 12-month low of $6.92 and a 12-month high of $18.69. The business’s 50-day moving average price is $12.96 and its 200 day moving average price is $12.91. The company has a debt-to-equity ratio of 0.12, a quick ratio of 6.25 and a current ratio of 6.25.

Xencor (NASDAQ:XNCRGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The biopharmaceutical company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.64) by $0.55. The firm had revenue of $28.24 million during the quarter, compared to the consensus estimate of $29.97 million. Xencor had a negative net margin of 73.20% and a negative return on equity of 14.58%. Xencor’s revenue for the quarter was down 46.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.62) EPS. As a group, equities analysts expect that Xencor, Inc. will post -3.68 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on XNCR. Wall Street Zen lowered Xencor from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Wedbush reiterated an “outperform” rating and issued a $26.00 price objective on shares of Xencor in a research report on Thursday, November 6th. Royal Bank Of Canada upped their price objective on shares of Xencor from $18.00 to $19.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Xencor in a research note on Monday, December 29th. Finally, Cantor Fitzgerald boosted their price target on shares of Xencor from $40.00 to $42.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Eight analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Xencor presently has an average rating of “Moderate Buy” and a consensus target price of $25.00.

Read Our Latest Stock Report on Xencor

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. boosted its stake in shares of Xencor by 209.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 3,187 shares of the biopharmaceutical company’s stock worth $37,000 after acquiring an additional 2,156 shares in the last quarter. GAMMA Investing LLC boosted its position in Xencor by 77.1% during the third quarter. GAMMA Investing LLC now owns 3,328 shares of the biopharmaceutical company’s stock worth $39,000 after purchasing an additional 1,449 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in Xencor in the third quarter valued at $44,000. Tower Research Capital LLC TRC raised its stake in shares of Xencor by 118.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,568 shares of the biopharmaceutical company’s stock worth $44,000 after buying an additional 3,018 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Xencor by 114.3% in the 3rd quarter. Federated Hermes Inc. now owns 3,947 shares of the biopharmaceutical company’s stock worth $46,000 after buying an additional 2,105 shares in the last quarter.

Xencor News Summary

Here are the key news stories impacting Xencor this week:

  • Positive Sentiment: Recent quarterly results showed an EPS beat (reported 2/25), and Xencor’s balance sheet remains strong (high quick/current ratios), which limits near‑term financing risk and supports long‑term program funding. MarketBeat: Xencor company page
  • Neutral Sentiment: CEO Bassil Dahiyat disclosed a sale of 6,758 shares at an average of $11.90 (≈$80k); the sale reduced his ownership by ~1.18% — notable but relatively small as a percentage of his holdings and possibly routine diversification. InsiderTrades: CEO share sale
  • Negative Sentiment: Reported royalty dispute: Alexion (operator of Ultomiris) has cut off U.S. royalty payments to Xencor, and Xencor announced it is revising its Ultomiris royalty revenue forecast — this directly reduces expected near‑term revenue and is the primary negative catalyst for today’s drop. Benzinga: Royalty rift report
  • Negative Sentiment: Additional insider sales (SVP Celia Eckert and VP John Desjarlais sold shares the same day) amplify investor concern about insider selling patterns and contributed to negative sentiment. Xencor also posted a formal update on its Ultomiris royalty forecast via its announcement. Yahoo Finance: Xencor royalty forecast change

Xencor Company Profile

(Get Free Report)

Xencor, Inc is a clinical-stage biopharmaceutical company focused on the design and development of engineered protein therapeutics for the treatment of autoimmune diseases, cancer and neurological disorders. The company applies its proprietary XmAb® platform to manipulate antibody structure and function, creating molecules with enhanced immune engagement and extended half-life. Xencor’s research programs span a range of therapeutic modalities, including monoclonal antibodies, bispecific antibodies and cytokine-based fusion proteins.

The XmAb® platform enables precise modification of the Fc region to augment key properties such as receptor binding, effector function and pharmacokinetics.

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