Home / Insider News / BCYC
Insider Sale Insider Sale April 3, 2024

Lee Kevin sold ~$172K in Bicycle Therapeutics plc stock

Bicycle Therapeutics plc (BCYC)  ·  CHIEF EXECUTIVE OFFICER  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-15.1%

vs SPY +6.0%

BCYC price after insider trade by Lee Kevin

Insider

Lee Kevin

Role

CHIEF EXECUTIVE OFFICER

Transaction

Open-Market Sale

Approx. Value

~$172K

Trade Date

Apr 3, 2024

Company

Bicycle Therapeutics plc

Ticker

BCYC

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$172K sale

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

CHIEF EXECUTIVE OFFICER

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

7 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

-15.1% in 90 days (S&P 500: +6.0%)

This trade underperformed the S&P 500 by 21.1 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

LK

How good is Lee Kevin at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record
7

Lee Kevin wasn't the only one selling.

7 insiders at Bicycle Therapeutics plc traded within the same 30-day window.

See who else bought · Free

On April 3, 2024, Lee Kevin — CHIEF EXECUTIVE OFFICER of Bicycle Therapeutics plc — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$172K in Bicycle Therapeutics plc (BCYC) stock.

This transaction was part of a cluster — 7 insiders at Bicycle Therapeutics plc made open-market sales within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

In the 90 days following this trade, BCYC returned -15.1% versus +6.0% for the S&P 500 over the same period.

Full Conviction Analysis

Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.

Upgrade to Trader

Get notified the next time Lee Kevin trades

Free alerts · No credit card · Instant notification

Set free alert

All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$172K
Insider role CHIEF EXECUTIVE OFFICER
Cluster 7 insiders
90-day return -15.1%
vs S&P 500 -21.1%

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

Never miss a signal

Get notified when high-conviction insiders buy. Free account, no credit card.

Sign up free