Exelixis, Inc. reported a 14.3% year-over-year revenue increase, reaching $539.5 million, with a quarterly EPS of $0.40, surpassing estimates. Insider transactions revealed a significant sale by EVP Patrick J. Haley, who sold 41,588 shares, reducing his stake by 12.59%. Hedge funds hold 85.27% of the company's stock, with analysts maintaining a "Moderate Buy" rating and a target price averaging $36.06.