Exelixis EVP Haley sells shares worth $3m

Published 25/11/2025, 01:54
Exelixis EVP Haley sells shares worth $3m

Patrick J. Haley, Executive Vice President, Commercial at Exelixis, INC. (NASDAQ:EXEL), sold a total of 72,231 shares of common stock on November 20 and 21, 2025, for approximately $3,046,928.

The sales occurred in multiple transactions with prices ranging from $41.77 to $42.58 per share. Specifically, on November 20, Haley sold 10,000 shares at a weighted average price of $42.11, 23,539 shares at a weighted average price of $41.93, and 10,648 shares at a weighted average price of $41.77. On November 21, Haley sold 28,043 shares at a weighted average price of $42.58.

Following these transactions, Haley directly owns 374,029 shares of Exelixis common stock, which includes shares that will be issued upon the vesting of restricted stock units (RSUs) and performance-based restricted stock units (PSUs).

In other recent news, Exelixis reported its third-quarter financial results for 2025, showcasing strong performance. The company achieved earnings per share (EPS) of $0.78, exceeding the forecasted $0.69. Additionally, Exelixis reported total revenue of $598 million, surpassing both Oppenheimer’s estimate of $584.0 million and the consensus forecast of $590.2 million. Despite these positive financial outcomes, Wolfe Research initiated coverage of Exelixis with a Peerperform rating, noting the company’s profitable cancer franchise but highlighting concerns about U.S. patent protection lasting only until January 2031. Oppenheimer maintained its Perform rating with a $36.00 price target on the company following the earnings report. These developments reflect the ongoing evaluation of Exelixis’ financial health and market position by analysts.

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