George Poste

Director George Poste sold 60,000 shares (nearly one-third of holdings) for $2.74M at Exelixis on May 7, 2026.

George Poste, a director at Exelixis, sold a substantial block of shares representing roughly one-third of his holdings. The sale occurred while the stock trades modestly below its 52-week high and has posted solid gains over both the prior month and quarter. Exelixis is a profitable, growing company with strong revenue and positive earnings, so this is not a distress sale from a company under pressure. Poste's prior sale at this company, executed nearly two years ago, proved well-timed over a longer horizon as the stock fell in the months that followed—though it rallied in the immediate term. His track record shows one prior open-market sale, making this a repeat exit pattern rather than a unique or sudden reversal. Without additional context about liquidity needs or portfolio rebalancing, a single large director sale does not constitute a clear warning signal, particularly given the company's solid fundamentals and recent price momentum.

Director Poste George sold 30,000 shares of EXEL at $34.00 on 2024-11-01, reducing stake to 169,020 shares.

Poste George, as a director of Exelixis, sold 30,000 shares at $34.00 on 2024-11-01, representing a -15.1% reduction in his 199,020 share pre-transaction holdings. The sale occurred at a price $0.77 below the current market price of $34.77, which marks the 52-week high, and follows a 30-day gain of +30.4% and 90-day gain of +31.1% in the stock. With Exelixis posting $539.5M in latest quarterly revenue, $118.0M net income, annual revenue growth of +13.6%, a P/E of 21.20, and a market cap of $9.9B, the company demonstrates solid operational performance. The substantial reduction in holdings by a director during a period of recent sharp appreciation warrants investor attention to understand the motivation and any broader context around capital allocation or confidence signals.