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Grace Wong-Sarad, Principal Accounting Officer at Alector, Inc. (NASDAQ:ALEC), sold 5,910 shares of common stock on September 2, 2025. The sales were executed at a weighted average price of $2.4968, resulting in a total transaction value of $14,756. The price per share ranged from $2.30 to $2.59. The stock has since climbed to $2.82, marking a significant 16.7% gain over the past week. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions.
The shares were sold to satisfy tax obligations related to the vesting of restricted stock units (RSUs). Following the transaction, Wong-Sarad directly owns 103,448 shares of Alector, Inc. The company maintains a strong balance sheet with more cash than debt, and its current ratio of 3.78 indicates solid short-term liquidity. For deeper insights into insider transactions and 16+ additional key metrics, check out the comprehensive analysis available on InvestingPro.
In other recent news, Alector Inc . reported its second-quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of -$0.30, which was better than the forecasted -$0.47, marking a surprise of 36.17%. Additionally, Alector’s revenue reached $7.9 million, significantly exceeding the anticipated $4.7 million, resulting in a 68.09% surprise. These results highlight the company’s stronger-than-expected financial performance for the quarter. The earnings and revenue figures are crucial for investors as they assess the company’s financial health. There were no reports of mergers or acquisitions. Analyst upgrades or downgrades have not been mentioned in recent developments. This information is based on the latest available data and provides insights into Alector’s recent financial activities.
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