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

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

Pure Cycle Price Performance

Pure Cycle stock opened at $14.30 on Tuesday. The company has a current ratio of 4.05, a quick ratio of 3.66 and a debt-to-equity ratio of 0.05. The business’s 50 day simple moving average is $11.32 and its 200 day simple moving average is $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 market cap of $344.20 million, a price-to-earnings ratio of 29.79 and a beta of 0.92.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PCYO. State Board of Administration of Florida Retirement System purchased a new stake in Pure Cycle in the 1st quarter worth about $173,000. Vanguard Group Inc. increased its stake in shares of Pure Cycle by 2.2% in the first 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 in the last quarter. Lazard Asset Management LLC purchased a new position in shares of Pure Cycle in the first quarter worth about $30,000. Price T Rowe Associates Inc. MD raised its position in shares of Pure Cycle by 19.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 36,590 shares of the utilities provider’s stock valued at $348,000 after purchasing an additional 5,994 shares during the period. Finally, Epiq Partners LLC lifted its stake in shares of Pure Cycle by 0.6% during the 2nd quarter. Epiq Partners LLC now owns 371,965 shares of the utilities provider’s stock valued at $3,552,000 after buying an additional 2,350 shares in the last quarter. Hedge funds and other institutional investors own 51.39% of the company’s stock.

Pure Cycle Company Profile

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.