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Sylebra Capital Reports a $20 Million PCT Purchase

The most significant insider activity on today’s list comes via a Form 4 filing by Sylebra Capital.

The investment management firm reported a $20 million purchase of PureCycle Technologies $PCT shares.

Here’s The Hot Corner, with data from September 16, 2024:

In another Form 4, Senior Vice President Stephanie R. Leniski reported a $292,680 purchase of Lakeland Financial Corp $LKFN shares.

And President and CEO Andres D. Reiner bought $133,875 worth of Pros Holdings $PROS.

PCT just resolved higher from a bearish to bullish reversal pattern.

In the last few trading sessions, the price has soared over 100%, piercing through the 61.8% retracement level:

The path of least resistance is higher.

Stay tuned. We'll be back on Wednesday with more insider activity.

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