Norges Bank Acquires New Holdings in Bicara Therapeutics Inc. (NASDAQ:BCAX)

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Norges Bank bought a new position in shares of Bicara Therapeutics Inc. (NASDAQ:BCAX – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 70,000 shares of the company’s stock, valued at approximately $1,219,000. A number of other institutional investors have also recently bought and sold shares of BCAX. The Manufacturers Life Insurance Company [...]

Norges Bank bought a new position in shares of Bicara Therapeutics Inc. ( NASDAQ:BCAX – Free Report ) in the fourth quarter, HoldingsChannel reports. The firm bought 70,000 shares of the company’s stock, valued at approximately $1,219,000.

A number of other institutional investors have also recently bought and sold shares of BCAX. The Manufacturers Life Insurance Company bought a new stake in shares of Bicara Therapeutics during the third quarter worth $582,000. Wellington Management Group LLP bought a new position in Bicara Therapeutics during the 3rd quarter worth about $19,458,000.



Jane Street Group LLC acquired a new stake in shares of Bicara Therapeutics in the 3rd quarter valued at about $309,000. Barclays PLC acquired a new stake in shares of Bicara Therapeutics in the 3rd quarter valued at about $255,000. Finally, Geode Capital Management LLC bought a new stake in shares of Bicara Therapeutics in the third quarter valued at about $1,239,000.

Analyst Ratings Changes A number of equities research analysts recently issued reports on BCAX shares. Stifel Nicolaus set a $48.00 target price on Bicara Therapeutics in a research report on Thursday, March 27th.

Wedbush reiterated an “outperform” rating and issued a $31.00 price objective on shares of Bicara Therapeutics in a report on Thursday, March 27th. Cantor Fitzgerald reissued an “overweight” rating and issued a $13.

01 price objective on shares of Bicara Therapeutics in a research report on Thursday, March 13th. Finally, HC Wainwright decreased their target price on shares of Bicara Therapeutics from $45.00 to $44.

00 and set a “buy” rating for the company in a research report on Monday, April 7th. Seven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $36.

50. Bicara Therapeutics Stock Performance Shares of BCAX opened at $10.77 on Friday.

The company’s fifty day simple moving average is $12.76 and its 200 day simple moving average is $16.82.

Bicara Therapeutics Inc. has a 1-year low of $8.91 and a 1-year high of $28.

09. Bicara Therapeutics ( NASDAQ:BCAX – Get Free Report ) last announced its quarterly earnings data on Thursday, March 27th. The company reported ($0.

39) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.08).

Equities analysts forecast that Bicara Therapeutics Inc. will post -2.59 earnings per share for the current fiscal year.

About Bicara Therapeutics ( Free Report ) Bicara Therapeutics Inc, a clinical-stage biopharmaceutical company, develops bifunctional therapies for solid tumors. Its lead program is ficerafusp alfa, a bifunctional antibody that combines an epidermal growth factor receptor (EGFR) directed monoclonal antibody with a domain that binds to human transforming growth factor beta (TGF-b) for the treatment of solid tumors. Read More Want to see what other hedge funds are holding BCAX? Visit HoldingsChannel.

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