10% Owner SYLEBRA CAPITAL LLC bought 619,925 shares of PCT at $8.06 for $5.0M on 2025-02-06.
SYLEBRA CAPITAL LLC, a 10% owner, purchased 619,925 shares at $8.06 on 2025-02-06, increasing holdings from 33,457,649 to 34,077,574 shares. The transaction occurs as PCT trades at $8.48, down 40.7% from its 52-week high and down 33.0% over 90 days. At this same ticker, SYLEBRA's prior buy (2024-09-13) delivered a 90-day return of +156.9%. However, the company reported a net loss of $90,639,000 for its most recent full fiscal year, and the stock has declined 12.6% in the past 30 days alone. This purchase signals continued accumulation by a substantial shareholder into a profitless company during a period of significant price weakness, but comes against a backdrop of ongoing operational losses and recent sharp downside momentum.