PureCycle Technologies Inc’s filing revealed that its 10% Owner SYLEBRA CAPITAL LLC acquired Company’s shares for reported $5.0 million on Feb 06 ’25. In the deal valued at $8.06 per share,619,925 shares were bought. As a result of this transaction, SYLEBRA CAPITAL LLC now holds 34,077,574 shares worth roughly $386.44 million.
Then, SYLEBRA CAPITAL LLC bought 4,264,393 shares, generating $20,000,003 in total proceeds. Upon buying the shares at $4.69, the 10% Owner now owns 33,050,456 shares.
TD Cowen reiterated its PureCycle Technologies Inc [PCT] rating to a Buy in a research note published on May 08, 2025; the price target was $13. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. Cantor Fitzgerald began covering PCT with “an Overweight” recommendation on October 18, 2024. TD Cowen maintained its rating on August 09, 2024. It rated PCT as “a Buy”.
Price Performance Review of PCT
On Friday, PureCycle Technologies Inc [NASDAQ:PCT] saw its stock fall -2.83% to $11.34. Over the last five days, the stock has gained 14.78%. PureCycle Technologies Inc shares have risen nearly 10.63% since the year began. Nevertheless, the stocks have risen 91.55% over the past one year. While a 52-week high of $15.58 was reached on 06/12/25, a 52-week low of $4.50 was recorded on 04/07/25.
Levels Of Support And Resistance For PCT Stock
The 24-hour chart illustrates a support level at 11.05, which if violated will result in even more drops to 10.76. On the upside, there is a resistance level at 11.59. A further resistance level may holdings at 11.85.
How much short interest is there in PureCycle Technologies Inc?
A steep rise in short interest was recorded in PureCycle Technologies Inc stocks on 2025-05-30, dropping by -1.1 million shares to a total of 48.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 49.91 million shares. There was a decline of -2.26%, which implies that there is a negative sentiment for the stock.
