PureCycle Technologies (NASDAQ:PCT) Stock Sees Heavy Call Option Buying

Posted by Francis Steltz on Oct 16th, 2026

PureCycle Technologies, Inc. (NASDAQ:PCT – Get Free Report) was the recipient of some unusual options trading on Friday. Stock traders acquired 27,067 call options on the company. This is an increase of 101% compared to the average daily volume of 13,458 call options.

PureCycle Technologies Trading Down 0.2%

Shares of NASDAQ PCT traded down $0.01 during midday trading on Friday, hitting $3.19. The stock had a trading volume of 5,879,924 shares, compared to its average volume of 4,893,193. The company’s 50-day simple moving average is $5.68 and its 200 day simple moving average is $7.34. The firm has a market cap of $639.87 million, a P/E ratio of -2.20 and a beta of 2.63. PureCycle Technologies has a fifty-two week low of $3.04 and a fifty-two week high of $14.58. The company has a debt-to-equity ratio of 27.37, a current ratio of 2.60 and a quick ratio of 2.42.

PureCycle Technologies (NASDAQ:PCT – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.51). PureCycle Technologies had a negative return on equity of 612.39% and a negative net margin of 1,618.84%. The firm had revenue of $4.51 million for the quarter, compared to the consensus estimate of $6.11 million. Research analysts anticipate that PureCycle Technologies will post -0.90 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PCT. Cantor Fitzgerald lowered their target price on PureCycle Technologies from $14.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, August 7th. Weiss Ratings restated a “sell (e+)” rating on shares of PureCycle Technologies in a research report on Wednesday, September 2nd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $11.75.

View Our Latest Research Report on PCT

Insider Transactions at PureCycle Technologies

In other PureCycle Technologies news, Director Fernando Musa acquired 15,479 shares of the business’s stock in a transaction on Friday, September 4th. The stock was purchased at an average price of $6.38 per share, for a total transaction of $98,756.02. Following the transaction, the director owned 175,983 shares in the company, valued at $1,122,771.54. This trade represents a 9.64% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 18.80% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PCT. Rokos Capital Management LLP acquired a new stake in shares of PureCycle Technologies during the 1st quarter worth approximately $7,526,000. SWS Partners acquired a new position in PureCycle Technologies in the second quarter valued at approximately $11,637,000. Cibc World Market Inc. bought a new position in PureCycle Technologies in the second quarter valued at approximately $9,201,000. NewEdge Advisors LLC boosted its stake in PureCycle Technologies by 600.9% in the second quarter. NewEdge Advisors LLC now owns 1,186,811 shares of the company’s stock valued at $9,625,000 after acquiring an additional 1,017,488 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in PureCycle Technologies during the 2nd quarter worth $5,095,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About PureCycle Technologies

(Get Free Report)

PureCycle Technologies, Inc is a recycling technology company that develops and operates facilities designed to convert waste polypropylene (PP) plastic into recycled resin. Its process is intended to remove colors, odors and other contaminants from used polypropylene, producing a material with properties comparable to virgin polypropylene.

The company’s primary product is PureFive™ recycled polypropylene, which can be used in applications such as packaging, consumer products, automotive components and other plastic goods.