Pure Cycle Co. (NASDAQ:PCYO) Director Daniel R. Kozlowski Sells 20,000 Shares

Pure Cycle Co. (NASDAQ:PCYO) Director Daniel R. Kozlowski sold 20,000 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $13.10, for a total value of $262,000.00. Following the sale, the director now directly owns 2,668,778 shares of the company’s stock, valued at approximately $34,960,991.80. This trade represents a 0.74 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Pure Cycle Trading Up 1.9 %

PCYO stock traded up $0.27 on Monday, reaching $14.30. The company’s stock had a trading volume of 79,581 shares, compared to its average volume of 51,757. The firm has a market cap of $344.20 million, a PE ratio of 29.79 and a beta of 0.92. The business has a fifty day simple moving average of $11.32 and a two-hundred day simple moving average of $10.35. Pure Cycle Co. has a 12-month low of $8.94 and a 12-month high of $14.62. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.66 and a current ratio of 4.05.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Pure Cycle from a “sell” rating to a “buy” rating in a research note on Monday, November 18th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Magnolia Group LLC boosted its position in shares of Pure Cycle by 7.0% during the second quarter. Magnolia Group LLC now owns 2,071,911 shares of the utilities provider’s stock valued at $19,787,000 after purchasing an additional 135,985 shares in the last quarter. Tealwood Asset Management Inc. purchased a new stake in Pure Cycle in the third quarter worth about $1,267,000. Geode Capital Management LLC increased its position in Pure Cycle by 10.7% during the 3rd quarter. Geode Capital Management LLC now owns 510,549 shares of the utilities provider’s stock valued at $5,500,000 after buying an additional 49,272 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Pure Cycle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 1,058,312 shares of the utilities provider’s stock worth $10,054,000 after purchasing an additional 22,748 shares during the last quarter. Finally, Barclays PLC raised its holdings in Pure Cycle by 253.9% in the 3rd quarter. Barclays PLC now owns 27,385 shares of the utilities provider’s stock worth $295,000 after acquiring an additional 19,646 shares during the last quarter. 51.39% of the stock is currently owned by institutional investors.

About Pure Cycle

Pure Cycle Corporation designs, constructs, operates, and maintains water and wastewater systems in the Denver metropolitan area and Colorado Front Range in the United States. It operates in two segments, Wholesale Water and Wastewater Services, and Land Development. The company engages in the wholesale water production, storage, treatment, and distribution systems; wastewater collection and treatment systems; development of 930-acre master-planned community; oil and gas leasing business; and construction and leasing of single-family homes.