1.16 USD
-0.07
5.69%
Updated Apr 1, 2:49 PM EDT
1 day
-5.69%
5 days
-10.08%
1 month
-17.73%
3 months
-38.62%
6 months
-74.51%
Year to date
-38.62%
1 year
-81.17%
5 years
-94.70%
10 years
-93.56%
 

About: Alector Inc is a clinical-stage biopharmaceutical company. It is engaged in developing a novel therapeutic approach for the treatment of neurodegeneration. The firm is involved in developing therapies that are designed to simultaneously counteract pathologies by restoring healthy immune function to the brain. Its pipeline products include AL001, AL002, AL003, and AL101.

Employees: 238

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

154% more call options, than puts

Call options by funds: $399K | Put options by funds: $157K

21% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

2.45% less ownership

Funds ownership: 77.35% [Q3] → 74.9% (-2.45%) [Q4]

6% less funds holding

Funds holding: 159 [Q3] → 149 (-10) [Q4]

21% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 39

61% less capital invested

Capital invested by funds: $351M [Q3] → $139M (-$213M) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$1.50
29%
upside
Avg. target
$4.25
266%
upside
High target
$7
503%
upside

2 analyst ratings

positive
50%
neutral
0%
negative
50%
Morgan Stanley
Sean Laaman
100% 1-year accuracy
1 / 1 met price target
29%upside
$1.50
Underweight
Assumed
7 Mar 2025
HC Wainwright & Co.
Andrew Fein
32% 1-year accuracy
113 / 358 met price target
503%upside
$7
Buy
Reiterated
27 Feb 2025

Financial journalist opinion

Neutral
GlobeNewsWire
3 days ago
Alector Provides Executive Leadership Update
--Giacomo Salvadore, M.D., appointed Chief Medical Officer-- --Gary Romano, M.D., Ph.D., to transition from Chief Medical Officer role--
Alector Provides Executive Leadership Update
Neutral
Seeking Alpha
1 month ago
Alector, Inc. (ALEC) Q4 2024 Earnings Call Transcript
Alector, Inc. (NASDAQ:ALEC ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Katie Hogan - Senior Director-Corporate Communications and Investor Relations Arnon Rosenthal - Co-Founder and Chief Executive Officer Gary Romano - Chief Medical Officer Sara Kenkare-Mitra - President and Head, Research and Development Marc Grasso - Chief Financial Officer Conference Call Participants Pete Stavropoulos - Cantor Fitzgerald Alec Stranahan - Bank of America Securities Thomas Shrader - BTIG Yaron Werber - TD Cowen Sarah Schram - William Blair Sam Lee - Mizuho Securities Operator Good afternoon, ladies and gentlemen, and welcome to Alector Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Alector, Inc. (ALEC) Q4 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Alector (ALEC) Reports Q4 Loss, Tops Revenue Estimates
Alector (ALEC) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.64. This compares to loss of $0.49 per share a year ago.
Alector (ALEC) Reports Q4 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Alector Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update
Topline data from the pivotal INFRONT-3 Phase 3 clinical trial of latozinemab in FTD-GRN expected by Q4 2025 Anticipate completing enrollment in the PROGRESS-AD Phase 2 clinical trial of AL101/GSK 4527226 in participants with early Alzheimer's disease by mid-2025 Applying Alector Brain Carrier to advance therapeutic candidates , including those targeting amyloid beta and replacing GCase $413.4 million in cash, cash equivalents and investments provide runway through 2026 Management to host conference call and webcast today at 4:30 p.m. ET/1:30 p.m.
Alector Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update
Neutral
GlobeNewsWire
1 month ago
Alector to Participate in Upcoming Healthcare Conferences
SOUTH SAN FRANCISCO, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today announced that management will participate in the following upcoming investor conferences:
Alector to Participate in Upcoming Healthcare Conferences
Neutral
GlobeNewsWire
1 month ago
Alector to Host Fourth Quarter and Full-Year 2024 Earnings Conference Call
SOUTH SAN FRANCISCO, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today announced it will host a conference call and webcast on Wednesday, February 26, 2025, at 4:30 p.m.
Alector to Host Fourth Quarter and Full-Year 2024 Earnings Conference Call
Neutral
GlobeNewsWire
2 months ago
Alector Reports on Recent Progress and Outlines Strategic Priorities for 2025
Continue to advance preclinical and research pipeline, including key programs selectively combined with Alector Brain Carrier, enhancing the company's commitment to developing genetically-validated therapies for neurodegeneration
Alector Reports on Recent Progress and Outlines Strategic Priorities for 2025
Negative
Benzinga
3 months ago
Neurology-Focused Alector Downgraded On Failed Alzheimer's Study, BofA Securities Highlights Lack Of Catalysts
Bank of America Securities has downgraded Alector, Inc.  ALEC, citing the failure of its AL002 program.
Neurology-Focused Alector Downgraded On Failed Alzheimer's Study, BofA Securities Highlights Lack Of Catalysts
Negative
Zacks Investment Research
4 months ago
ALEC Stock Tanks as Alzheimer's Drug Fails in Mid-Stage Study
Alector stock falls as the phase II INVOKE-2 study evaluating AL002 in slowing disease progression in early Alzheimer's disease fails to meet the primary goal.
ALEC Stock Tanks as Alzheimer's Drug Fails in Mid-Stage Study
Negative
Benzinga
4 months ago
Alector/AbbVie-Partnered Alzheimer's Drug Disappoints In Mid-Stage Study; Alector Lays Off 17% Of Workforce
On Monday, Alector, Inc.  ALEC released results from the INVOKE-2 Phase 2 trial evaluating the safety and efficacy of AL002 in slowing disease progression in individuals with early Alzheimer's disease (AD).
Alector/AbbVie-Partnered Alzheimer's Drug Disappoints In Mid-Stage Study; Alector Lays Off 17% Of Workforce
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