The scale and concentration of buying by a single director is unusual and suggests strong conviction. Traders should monitor for follow-on buying and upcoming earnings or clinical/regulatory catalysts that may justify this confidence.
Price Chart
Executive Summary
A significant insider trading cluster at PRCT shows substantial open-market buying by director Desai Antal Rohit, totaling over $7.1 million across three transactions, while executives Nouri Alaleh and Kevin Waters each made small open-market sales totaling ~$160K apiece. These sales are dwarfed by the director's purchases and may be routine. The CEO and other insiders also received non-cash stock awards, which are routine and carry no economic value.
Key Financial Metrics
Key Facts
- Director Desai Antal Rohit purchased 292,633 shares in open-market transactions totaling $7,160,234 over three days.
- EVP/CLO Nouri Alaleh sold 6,892 shares for $163,353; CFO Kevin Waters sold 6,721 shares for $159,300 — both routine in size.
- CEO Larry Wood and other executives received non-cash stock awards totaling hundreds of thousands of shares, standard for equity compensation.
- Total open-market buying in the cluster exceeds $7.16M, while total open-market selling is $322,653.
- Buying represents ~0.51% of PRCT's $1.4B market cap — a significant and material level of insider activity.
Financial Impact
$7.16 million in net open-market buying by a director, offset by $323K in executive selling
Risk Factors
- The buying is concentrated in one insider — if this is a one-off or unrelated to fundamentals, the signal may weaken.
- Executive selling, though small, could be perceived negatively if it continues in coming weeks.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (13 trades, 7d window) | cluster-PRCT-1773098398683 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 16w ago | Institutional Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Jun 10, 2026 16w ago | Insider Cluster | $27.69 $19.75 | ▼ −28.67% | ▼ −30.57% | $17.16 (−38.03%) |
Mar 10, 2026 29w ago | Insider Cluster | $24.17 $23.87 | ▼ −1.24% | ▼ −1.09% | $17.16 (−29.00%) |
Mar 6, 2026 30w ago | 8-K | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Mar 6, 2026 30w ago | Insider Cluster | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Mar 6, 2026 30w ago | Insider Cluster | $24.22 $23.78 | ▼ −1.82% | ▲ +0.23% | $17.16 (−29.15%) |
Feb 26, 2026 31w ago | 8-K | $23.63 $25.07 | ▲ +6.09% | ▲ +12.50% | $17.16 (−27.38%) |
Feb 25, 2026 31w ago | 8-K | $27.84 $24.94 | ▼ −10.42% | ▼ −5.18% | $17.16 (−38.36%) |
US Market Status
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