{"scope": "company", "symbol": "EXEL", "name": "Exelixis Inc", "intelligence": {"score": 26, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 93, "confidence_label": "Deep evidence", "filings": 32, "companies": 1, "insiders": 15, "signal_events": 17, "acquisition_events": 2, "disposal_events": 15, "acquisition_share": 11.8, "disposal_share": 88.2, "acquisition_value": 497547.62, "disposal_value": 23392910.25, "net_value": -22895362.63, "acquisition_value_label": "$497.5K", "disposal_value_label": "$23.4M", "net_value_label": "-$22.9M", "data_quality": 53, "priced_common_share": 53, "latest_date": "2026-08-10", "latest_signal_date": "2026-08-10", "oldest_date": "2026-05-06", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 29, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 0, "bar_width": 0.0}, {"key": "derivative", "label": "Options and derivatives", "count": 3, "bar_width": 10.3}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Director", "count": 20, "bar_width": 100.0}, {"label": "CEO and chair", "count": 4, "bar_width": 20.0}, {"label": "Other or unspecified", "count": 4, "bar_width": 20.0}, {"label": "Finance leadership", "count": 2, "bar_width": 10.0}, {"label": "Other executive", "count": 2, "bar_width": 10.0}], "supports": ["Participation spans 15 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 10 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-06-01", "label": "01 Jun", "acquisitions": 0, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 2, "height": 100.0, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 1, "height": 50.0, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-08-17", "label": "17 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "market": {"latest_week": "2026-08-14", "latest_close": "51.240000", "currency": "USD", "one_week_change": "-5.233955982985019419271314962", "thirteen_week_change": "-8.369098712446351931330472103", "four_week_change": "-8.369098712446351931330472103", "range_high": "57.570000", "range_low": "48.103600", "average_volume": 12659729, "relative_strength": "-0.680696", "market_dynamics": "0.320794", "fair_value": "34.388429", "fair_value_gap": "49.00360816133822222585393476", "trend_signal": "1", "one_week_change_label": "-5.2%", "thirteen_week_change_label": "-8.4%", "four_week_change_label": "-8.4%", "fair_value_gap_label": "+49.0%"}, "transactions": [{"date": "2026-08-10", "insider": "BECKERLE, MARY C", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "526511.9200", "value_label": "$526.5K"}, {"date": "2026-06-01", "insider": "ECKHARDT, SUE GAIL", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "491973.6800", "value_label": "$492.0K"}, {"date": "2026-06-01", "insider": "WYSZOMIERSKI, JACK L", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "198408.7500", "value_label": "$198.4K"}, {"date": "2026-05-27", "insider": "BECKERLE, MARY C", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "ECKHARDT, SUE GAIL", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "FREIRE, MARIA C", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "HEYMAN, TOMAS J.", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "JOHNSON, DAVID EDWARD", "role": "Director", "side": "Acquisition", "security": "Option (right to buy)", "evidence_class": "derivative", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "OLIVER, BOB", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "PAPADOPOULOS, STELIOS", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "POSTE, GEORGE", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "SMITH, JULIE", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-27", "insider": "WYSZOMIERSKI, JACK L", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-26", "insider": "AFTAB, DANA", "role": "EVP, Research and Development", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "2187757.8500", "value_label": "$2.2M"}, {"date": "2026-05-20", "insider": "HALEY, PATRICK J.", "role": "EVP, Commercial", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "1599399.1000", "value_label": "$1.6M"}, {"date": "2026-05-18", "insider": "MORRISSEY, MICHAEL", "role": "Director, President and CEO", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-18", "insider": "MORRISSEY, MICHAEL", "role": "Director, President and CEO", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-18", "insider": "SENNER, CHRISTOPHER J.", "role": "EVP and CFO", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "1745050.0000", "value_label": "$1.7M"}, {"date": "2026-05-18", "insider": "HEFTI, BRENDA", "role": "SVP and General Counsel", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "332641.2500", "value_label": "$332.6K"}, {"date": "2026-05-15", "insider": "MORRISSEY, MICHAEL", "role": "Director, President and CEO", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "6566196.7000", "value_label": "$6.6M"}, {"date": "2026-05-15", "insider": "SENNER, CHRISTOPHER J.", "role": "EVP and CFO", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "2089581.2000", "value_label": "$2.1M"}, {"date": "2026-05-15", "insider": "HALEY, PATRICK J.", "role": "EVP, Commercial", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "1699841.5000", "value_label": "$1.7M"}, {"date": "2026-05-15", "insider": "AFTAB, DANA", "role": "EVP, Research and Development", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "1562535.8000", "value_label": "$1.6M"}, {"date": "2026-05-15", "insider": "HEFTI, BRENDA", "role": "SVP and General Counsel", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "327602.1000", "value_label": "$327.6K"}, {"date": "2026-05-07", "insider": "BECKERLE, MARY C", "role": "Director", "side": "Disposal", "security": "Option (right to buy)", "evidence_class": "derivative", "value": null, "value_label": "Not reported"}, {"date": "2026-05-07", "insider": "FREIRE, MARIA C", "role": "Director", "side": "Disposal", "security": "Option (right to buy)", "evidence_class": "derivative", "value": null, "value_label": "Not reported"}, {"date": "2026-05-07", "insider": "POSTE, GEORGE", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "2742600.0000", "value_label": "$2.7M"}, {"date": "2026-05-07", "insider": "FREIRE, MARIA C", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "949164.0000", "value_label": "$949.2K"}, {"date": "2026-05-07", "insider": "FREIRE, MARIA C", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": "407934.1800", "value_label": "$407.9K"}, {"date": "2026-05-07", "insider": "BECKERLE, MARY C", "role": "Director", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": "373646.4000", "value_label": "$373.6K"}, {"date": "2026-05-07", "insider": "BECKERLE, MARY C", "role": "Director", "side": "Acquisition", "security": "Common Stock", "evidence_class": "common_equity", "value": "89613.4400", "value_label": "$89.6K"}, {"date": "2026-05-06", "insider": "MORRISSEY, MICHAEL", "role": "Director, President and CEO", "side": "Disposal", "security": "Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}