Biomea FusionBMEA
About: Biomea Fusion Inc is a preclinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of irreversible small molecule drugs to treat patients with genetically defined cancers. The company's product candidate, BMF-219, is designed to be an orally bioavailable, potent and selective irreversible inhibitor of menin, an important transcriptional regulator known to play a direct role in oncogenic signaling in multiple cancers.
Employees: 107
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
507% more call options, than puts
Call options by funds: $9.21M | Put options by funds: $1.52M
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
2% more funds holding
Funds holding: 103 [Q1] → 105 (+2) [Q2]
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
23.39% less ownership
Funds ownership: 89.84% [Q1] → 66.45% (-23.39%) [Q2]
78% less capital invested
Capital invested by funds: $480M [Q1] → $107M (-$372M) [Q2]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Piper Sandler Joseph Catanzaro 53% 1-year accuracy 10 / 19 met price target | 137%upside $19 | Overweight Maintained | 31 Oct 2024 |
EF Hutton Jason Kolbert 33% 1-year accuracy 20 / 61 met price target | 1,498%upside $128 | Buy Maintained | 31 Oct 2024 |
HC Wainwright & Co. Joseph Pantginis 43% 1-year accuracy 98 / 230 met price target | 399%upside $40 | Buy Reiterated | 31 Oct 2024 |
Barclays Peter Lawson 43% 1-year accuracy 9 / 21 met price target | 37%upside $11 | Equal-Weight Maintained | 30 Oct 2024 |
EF Hutton Jason Kolbert 33% 1-year accuracy 20 / 61 met price target | 1,498%upside $128 | Buy Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 30 articles about BMEA published over the past 30 days