EVP Shiblaq Hisham sells 20,000 PRCT shares across 3 transactions for $1,282,637.44; prior trade poorly timed as stock rose 12.2% post-sale.
Shiblaq Hisham, Chief Communications Officer, executed three separate sales on 2025-06-06 totaling 20,000 shares (20.0K shares) for $1,282,637.44 (blended average price $64.13), reducing his holdings by -24.1% from 83,133 shares to 63,133 shares. His one prior same-ticker sell at PRCT (2024-06-10) was poorly timed in hindsight: the stock rose 12.2% over the following 90 days, meaning he exited before a gain. The current price of $62.91 is now -36.7% from the 52-week high of $99.45, suggesting material deterioration since his June 2024 sale, though the stock has recovered +18.4% over the last 30 days. PRCT remains unprofitable (net income of -$24.7M on $69.2M quarterly revenue) despite strong annual revenue growth of +64.8%, establishing a backdrop of growth-stage losses that may inform insider perspective on valuation exposure.