PureCycle Technologies
About: PureCycle Technologies Inc holds a license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.
Employees: 146
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
143% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 21
46% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 57
11% more funds holding
Funds holding: 208 [Q3] → 230 (+22) [Q4]
22% less capital invested
Capital invested by funds: $1.2B [Q3] → $930M (-$267M) [Q4]
23.99% less ownership
Funds ownership: 76.27% [Q3] → 52.28% (-23.99%) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
54% less call options, than puts
Call options by funds: $84.9M | Put options by funds: $183M
Research analyst outlook
We haven’t received any recent analyst ratings for PCT.
Financial journalist opinion
Based on 4 articles about PCT published over the past 30 days
Neutral
Accesswire
1 week ago
PureCycle Schedules Fourth Quarter 2024 Corporate Update
ORLANDO, FL / ACCESS Newswire / February 12, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, will host a conference call on Thursday, February 27, 2025 to provide an update on recent corporate developments. A press release discussing such developments and other activity from the fourth quarter and fiscal year ended December 31, 2024 will be provided prior to the conference call.
Positive
Benzinga
1 week ago
Top 3 Materials Stocks Which Could Rescue Your Portfolio This Quarter
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Neutral
Accesswire
2 weeks ago
Churchill Introduces "Run It Back" Line of Cups & Containers Made with Recycled PureFive(TM) Resin
ORLANDO, FL / ACCESS Newswire / February 6, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT) and Churchill Container, today, announced a new line of cups manufactured primarily with recycled PureFive™ resin. Churchill Container produces rigid plastic cups and buckets for clients in the sports, theater, and restaurant industries.
Neutral
Accesswire
2 weeks ago
PureCycle Announces Financing Transaction for $33 Million
ORLANDO, FL / ACCESS Newswire / February 5, 2025 / PureCycle Technologies, Inc. (Nasdaq:PCT), today, entered into a transaction anchored by Pleiad Investment Advisors Limited, with participation from Sylebra Capital Management, and Samlyn Capital, LLC to raise gross proceeds of $33 million. PureCycle anticipates that the transaction will close on February 6, 2025.
Neutral
Accesswire
1 month ago
Drake Purchases PureCycle Resin Following Successful Production of Continuous Filament Yarns
ORLANDO, FL / ACCESS Newswire / January 21, 2025 / PureCycle Technologies, Inc. (NASDAQ:PCT), today, announced the initial sale of nearly 500,000 pounds of resin to Drake Extrusion Inc. (Drake) for the production of continuous filament yarns, which could be used to make items such as rugs, upholstery, and apparel. Drake is North America's leading manufacturer of colored filament yarn, and staple fiber.
Positive
Seeking Alpha
1 month ago
PureCycle Technologies: On The Brink Of Something Incredible
PureCycle Technologies, leveraging proprietary technology licensed from Procter & Gamble, converts polypropylene waste into ultra-pure recycled resin, positioning itself as a leader in the nascent plastics recycling industry. Despite high volatility and significant risks, including operational delays and financial constraints, PCT's innovative approach and strong leadership offer substantial growth potential and environmental benefits. The company has made strategic partnerships and agreements with major brands like Nestlé and L'Oréal and aims to ramp up production significantly by 2027.
Neutral
Seeking Alpha
3 months ago
PureCycle Technologies, Inc. (PCT) Q3 2024 Earnings Conference Call Transcript
PureCycle Technologies, Inc. (NASDAQ:PCT ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christian Bruey - Director of Communications. Dustin Olson - CEO Jaime Vasquez - CFO Conference Call Participants Hassan Ahmed - Alembic Global Advisors Eric Stine - Craig-Hallum Capital Group Thomas Boyes - TD Cowen Andres Sheppard-Slinger - Cantor Fitzgerald Brian Butler - Stifel Gerard Sweeney - ROTH Capital Operator Good day, and thank you for standing by.
Neutral
Accesswire
3 months ago
PureCycle Provides Third Quarter 2024 Corporate Update
ORLANDO, FL / ACCESSWIRE / November 7, 2024 / PureCycle Technologies, Inc. (Nasdaq:PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the third quarter ending September 30, 2024. Management Commentary PureCycle CEO Dustin Olson commented, "The third quarter represented meaningful progress for the Company on multiple fronts.
Negative
MarketBeat
3 months ago
3 Stocks With High Short Interest Still Near Their 52-Week Highs
Every stock has bulls and bears. When trying to understand the bearish sentiment around a stock, looking at short interest can be particularly useful.
Negative
Benzinga
3 months ago
Top 2 Materials Stocks That May Collapse This Month
As of Oct. 30, 2024, two stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
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