Director Desai Antal Rohit bought 426,262 shares for $10,482,942.95 across 7 transactions at PRCT, now down 61.2% from 52-week high.
Desai Antal Rohit, a Director at PROCEPT BioRobotics, executed 7 separate purchases totaling 426,262 shares for $10,482,942.95 between March 5–9, 2026, at a blended average price of $24.59. The stock is now trading at $25.26, only 2.7% above his average acquisition price, but stands -61.2% below its 52-week high of $65.05 and has declined -27.8% over the past 90 days. Desai's prior track record at PRCT shows 5 consecutive sells in June 2025 that were well-timed at the 90-day mark, all preceding further declines—a pattern suggesting he exits positions before weakness materializes. This substantial purchase into a stock that has lost nearly two-thirds of its recent peak, after proven expertise at identifying sell signals, warrants attention to whether this represents a contrarian conviction or signals internal assessment of value at depressed levels. The company is unprofitable (net income: $-21.4M) against revenue of $83.3M, though it is growing at +37.2% annually.