Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Bicycle Therapeutics Plc ADR shares valued at $40,290 were sold by Thompson Travis Alvin on Jan 06 ’25. At $15.00 per share, Thompson Travis Alvin sold 2,686 shares. The insider’s holdings dropped to 32,146 shares worth approximately $0.46 million following the completion of this transaction.
Also, Thompson Travis Alvin sold 1,750 shares, netting a total of over 24,658 in proceeds. Following the sale of shares at $14.09 each, the insider now holds 34,991 shares.
Before that, Thompson Travis Alvin had sold 159 shares from its account. In a trade valued at $2,345, the CHIEF ACCOUNTING OFFICER traded Bicycle Therapeutics Plc ADR shares for $14.75 each. Upon closing the transaction, the insider’s holdings decreased to 159 shares, worth approximately $0.49 million.
As published in their initiating research note from Stephens on November 08, 2024, Bicycle Therapeutics Plc ADR [BCYC] has been an Equal-weight and the price target has been revised to $25. Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in early September. As of August 07, 2024, B. Riley Securities has decreased its “Buy” rating to a “Neutral” for BCYC. Earlier on September 11, 2023, B. Riley Securities upgraded its rating. Their new recommendation was “a Buy” for BCYC stock which previously was a “a Neutral”.
Analyzing BCYC Stock Performance
During the last five days, there has been a surge of approximately 1.21%. Over the course of the year, Bicycle Therapeutics Plc ADR shares have jumped approximately 1.21%. Shares of the company reached a 52-week high of $15.47 on 01/07/25 and a 52-week low of $13.84 on 01/02/25. A 50-day SMA is recorded $19.37, while a 200-day SMA reached $22.22. Nevertheless, trading volume fell to 0.24 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for Bicycle Therapeutics Plc ADR (BCYC)
According to the 24-hour chart, there is a support level at 13.86, which, if violated, would cause prices to drop to 13.56. In the upper region, resistance lies at 14.78. The next price resistance is at 15.40. RSI (Relative Strength Index) is 32.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.09, which suggests the price will decrease in the coming days. Percent R is at 79.03%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.