<div id="readability-page-1"><p>Bicycle Therapeutics PLC Sponsored ADR (NASDAQ:BCYC - Get Free Report) traded up 9.8% on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $8.73 and last traded at $8.98. 137,003 shares traded hands during trading, a decline of 56% from the average session volume of 309,305 shares. The stock had previously closed at $8.18.</p><p>The company reported ($0.85) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.05) by $0.20. Bicycle Therapeutics had a negative net margin of 1,257.00% and a negative return on equity of 32.43%. </p><div><p><span></span><span>Get <strong>Bicycle Therapeutics</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities analysts recently commented on BCYC shares. Royal Bank Of Canada  set a $27.00 price objective on shares of Bicycle Therapeutics and gave the stock an &#34;outperform&#34; rating in a research note on Monday, August 11th. JMP Securities cut their price target on shares of Bicycle Therapeutics from $22.00 to $10.00 and set a &#34;market outperform&#34; rating on the stock in a report on Tuesday, August 12th. Morgan Stanley cut their price target on shares of Bicycle Therapeutics from $17.00 to $13.00 and set an &#34;equal weight&#34; rating on the stock in a report on Tuesday, August 12th. Weiss Ratings  reiterated a &#34;sell (d-)&#34; rating on shares of Bicycle Therapeutics in a report on Tuesday, October 14th. Finally, Oppenheimer  restated an &#34;outperform&#34; rating and issued a $44.00 price target (down from $48.00) on shares of Bicycle Therapeutics in a research report on Monday, August 11th. Six investment analysts have rated the stock with a Buy rating, three have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $22.22.</p><p><b>Read Our Latest Analysis on Bicycle Therapeutics</b></p><h2>Insider Buying and Selling</h2><p>In other Bicycle Therapeutics news, CEO Kevin Lee sold 3,231 shares of the stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $8.41, for a total value of $27,172.71. Following the completion of the sale, the chief executive officer owned 475,310 shares in the company, valued at $3,997,357.10. This trade represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 8,527 shares of company stock valued at $71,738 in the last ninety days. Company insiders own  22.90% of the company's stock. </p><h2>Hedge Funds Weigh In On Bicycle Therapeutics</h2><p>Hedge funds have recently bought and sold shares of the company. Ausdal Financial Partners Inc. acquired a new stake in  Bicycle Therapeutics during the 2nd quarter worth approximately $70,000.  Sei Investments Co. bought a new stake in shares of  Bicycle Therapeutics in the 2nd quarter worth $74,000.  Virtus Investment Advisers LLC grew its stake in shares of  Bicycle Therapeutics by 32.6% in the 2nd quarter. Virtus Investment Advisers LLC now owns 10,821 shares of the company's stock worth $75,000 after acquiring an additional 2,659 shares in the last quarter.  Ameriprise Financial Inc. bought a new position in  Bicycle Therapeutics during the second quarter valued at about $86,000.  Finally, State of Tennessee Department of Treasury bought a new position in  Bicycle Therapeutics during the second quarter valued at about $100,000. 86.15% of the stock is owned by institutional investors. </p><h2>Bicycle Therapeutics Stock Up 9.7%</h2><p>The company has a market cap of $622.06 million, a P/E ratio of -2.55 and a beta of 1.47. The company's 50-day moving average is $7.61 and its two-hundred day moving average is $7.86. </p><h2>Bicycle Therapeutics Company Profile</h2> (Get Free Report)<p>Bicycle Therapeutics plc, a clinical-stage biopharmaceutical company, develops a class of medicines for diseases that are underserved by existing therapeutics in the United States and the United Kingdom. Its product pipeline comprising BT8009, a bicycle toxin conjugate (BTC) which is in phase I/II/III clinical trial for the treatment of high nectin-4 expressing tumors; BT5528, a BTC which is in phase I/II clinical trial for the treatment of Ephrin type A receptor 2 expressing tumor; BT7480, a Bicycle TICA molecule which is in phase I/II targeting Nectin-4 and agonizing CD137; and BT7455, a Bicycle TICA molecule targeting Ephrin type A receptor 2 and CD137 and is in preclinical trial.</p><h2>See Also</h2><ul><li>Five stocks we like better than Bicycle Therapeutics</li><li>How to invest in marijuana stocks in 7 steps </li><li>Carrier Stock Looks Undervalued After Earnings Surprise</li><li>3 Ways To Invest In Coffee, Other Than Drinking It</li><li>Alphabet Crushes Q3 Earnings, Reports First $100 Billion Quarter</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Rocket Lab Stock Dips 14%—Buying Opportunity Ahead?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bicycle Therapeutics Right Now?</h2><p>Before you consider Bicycle Therapeutics, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bicycle Therapeutics wasn't on the list.</p><p>While Bicycle Therapeutics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BCYC

<p>Bicycle Therapeutics (NASDAQ:BCYC) shares rose 9.8% after reporting better-than-expected quarterly earnings, with EPS of ($0.85) surpassing estimates of ($1.05). The stock traded as high as $8.73, closing at $8.98. Analysts have mixed ratings, with a consensus target price of $22.22. CEO Kevin Lee sold 3,231 shares recently, reducing his ownership slightly. The company, focused on developing medicines for underserved diseases, has a market cap of $622.06 million and is backed by significant institutional ownership.</p>

Bicycle Therapeutics (NASDAQ:BCYC) Stock Price Up 9.8% on Earnings Beat