Pure Cycle (NASDAQ:PCYO) Director Sells 68,778 Shares

Key Points

  • Director Daniel Kozlowski sold 68,778 shares on November 17 at an average price of $11.01 for proceeds of $757,245.78, leaving him with 2,600,000 shares (a 2.58% reduction) valued at roughly $28.63 million.
  • PCYO stock opened at $10.99 (down ~0.4%), with a 12‑month range of $9.65–$14.63, a market cap of $264.65M, a PE of 19.98, low leverage (debt/equity 0.05) and strong liquidity (current ratio 3.52, quick ratio 2.40).
  • Institutional ownership is 51.39% with several managers (e.g., ArrowMark, AllianceBernstein, Boston Partners) increasing positions, and analyst sentiment sits at a consensus "Hold" after recent rating changes.

Pure Cycle Corporation (NASDAQ:PCYO - Get Free Report) Director Daniel Kozlowski sold 68,778 shares of the company's stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $11.01, for a total transaction of $757,245.78. Following the completion of the transaction, the director owned 2,600,000 shares in the company, valued at approximately $28,626,000. This trade represents a 2.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Pure Cycle Trading Down 0.4%

Shares of PCYO stock opened at $10.99 on Thursday. Pure Cycle Corporation has a 12-month low of $9.65 and a 12-month high of $14.63. The company has a market capitalization of $264.65 million, a PE ratio of 19.98 and a beta of 1.34. The firm has a 50 day moving average price of $11.06 and a two-hundred day moving average price of $10.61. The company has a quick ratio of 2.40, a current ratio of 3.52 and a debt-to-equity ratio of 0.05.

Institutional Trading of Pure Cycle

Several large investors have recently bought and sold shares of the business. ArrowMark Colorado Holdings LLC raised its stake in Pure Cycle by 14.3% during the third quarter. ArrowMark Colorado Holdings LLC now owns 672,927 shares of the utilities provider's stock worth $7,449,000 after acquiring an additional 84,420 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Pure Cycle by 8.5% during the 3rd quarter. Alliancebernstein L.P. now owns 20,320 shares of the utilities provider's stock valued at $225,000 after purchasing an additional 1,600 shares during the last quarter. Boston Partners grew its holdings in shares of Pure Cycle by 6.6% during the 3rd quarter. Boston Partners now owns 199,908 shares of the utilities provider's stock valued at $2,213,000 after purchasing an additional 12,343 shares during the last quarter. BNP Paribas Financial Markets increased its position in Pure Cycle by 64.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,878 shares of the utilities provider's stock worth $43,000 after purchasing an additional 1,513 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Pure Cycle by 143.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,634 shares of the utilities provider's stock valued at $29,000 after purchasing an additional 1,552 shares during the last quarter. 51.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades




A number of brokerages have commented on PCYO. Weiss Ratings lowered Pure Cycle from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, November 13th. Wall Street Zen upgraded Pure Cycle from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Read Our Latest Report on PCYO

Pure Cycle Company Profile

(Get Free Report)

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.

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