1 week Ago By Defense World Staff
American Century Companies Inc. lifted its position in PureCycle Technologies, Inc. (NASDAQ:PCT – Free Report) by 15.
7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 305,529 shares of the company’s stock after buying an additional 41,520 shares during the period. American Century Companies Inc.
owned about 0.18% of PureCycle Technologies worth $3,132,000 as of its most recent SEC filing. Several other hedge funds have also added to or reduced their stakes in PCT.
Charles Schwab Investment Management Inc. grew its holdings in shares of PureCycle Technologies by 1.9% during the third quarter.
Charles Schwab Investment Management Inc. now owns 1,100,281 shares of the company’s stock worth $10,453,000 after buying an additional 19,989 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in PureCycle Technologies by 32.
7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 64,196 shares of the company’s stock worth $610,000 after acquiring an additional 15,837 shares during the last quarter. FMR LLC grew its stake in shares of PureCycle Technologies by 0.
5% during the 3rd quarter. FMR LLC now owns 230,755 shares of the company’s stock worth $2,192,000 after acquiring an additional 1,083 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of PureCycle Technologies during the 3rd quarter worth approximately $485,000.
Finally, State Street Corp lifted its position in shares of PureCycle Technologies by 0.8% in the third quarter. State Street Corp now owns 2,809,178 shares of the company’s stock worth $26,687,000 after purchasing an additional 21,706 shares in the last quarter.
Institutional investors and hedge funds own 63.01% of the company’s stock. PureCycle Technologies Stock PerformanceShares of NASDAQ PCT opened at $5.
99 on Monday. The stock has a market capitalization of $1.07 billion, a PE ratio of -3.
99 and a beta of 1.68. PureCycle Technologies, Inc.
has a 52 week low of $4.50 and a 52 week high of $15.58.
The stock has a 50 day moving average price of $8.55 and a 200 day moving average price of $10.20.
The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.63 and a current ratio of 1.
74. PureCycle Technologies (NASDAQ:PCT – Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported ($0.
54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.32).
Analysts predict that PureCycle Technologies, Inc. will post -1.01 earnings per share for the current fiscal year.
Insider Buying and SellingIn related news, major shareholder Sylebra Capital Llc acquired 619,925 shares of PureCycle Technologies stock in a transaction on Thursday, February 6th. The stock was purchased at an average cost of $8.06 per share, with a total value of $4,996,595.
50. Following the completion of the transaction, the insider now directly owns 34,077,574 shares in the company, valued at $274,665,246.44.
This trade represents a 1.85 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
11.44% of the stock is currently owned by corporate insiders. PureCycle Technologies Profile (Free Report)PureCycle Technologies, Inc engages in the production of recycled polypropylene (PP).
The company holds a license for restoring waste PP into ultra-pure recycled polypropylene resin that has multiple applications, including packaging and labeling for consumer products, piping, ropes, cabling, and plastic parts for various industries.Featured StoriesFive stocks we like better than PureCycle TechnologiesGrowth Stocks: What They Are, What They Are NotNewsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Do ETFs Pay Dividends? What You Need to KnowDisney 2025 Shareholders: Major Updates for InvestorsBest Aerospace Stocks Investing Advance Auto Parts Stock: A Classic Rebound Play in the MakingWant to see what other hedge funds are holding PCT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PureCycle Technologies, Inc.
(NASDAQ:PCT – Free Report)..
