Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. PureCycle Technologies Inc shares valued at $4,996,596 were purchased by SYLEBRA CAPITAL LLC on Feb 06 ’25. At $8.06 per share, SYLEBRA CAPITAL LLC acquired 619,925 shares. The insider’s holdings grew to 34,077,574 shares worth approximately $338.39 million following the completion of this transaction.
Also, SYLEBRA CAPITAL LLC purchased 4,264,393 shares, netting a total of over 20,000,003 in proceeds. Following the buying of shares at $4.69 each, the insider now holds 33,050,456 shares.
As published in a research note from TD Cowen on May 08, 2025, PureCycle Technologies Inc [PCT] has been retained to a Buy and the price target has been revised to $13. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. As of October 18, 2024, Cantor Fitzgerald has initiated its “an Overweight” rating for PCT. Earlier on August 09, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for PCT stock.
Analyzing PCT Stock Performance
During the last five days, there has been a drop of approximately -3.12%. Over the course of the year, PureCycle Technologies Inc shares have dropped approximately -3.12%. Shares of the company reached a 52-week high of $11.52 on 02/18/25 and a 52-week low of $5.40 on 04/07/25.
Support And Resistance Levels for PureCycle Technologies Inc (PCT)
According to the 24-hour chart, there is a support level at 9.66, which, if violated, would cause prices to drop to 9.40. In the upper region, resistance lies at 10.20. The next price resistance is at 10.48. RSI (Relative Strength Index) is 63.24 on the 14-day chart, showing neutral technical sentiment.
