A Director at Pure Cycle is Exercising Options


Yesterday it was reported that a Director at Pure Cycle (PCYO), Richard Guido, exercised options to buy 5,000 PCYO shares at $2.76 a share, for a total transaction value of $13.8K. The options were close to expired and Richard Guido retained stocks.

This recent transaction increases Richard Guido’s holding in the company by 71.43% to a total of $171.5K.

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The company has a one-year high of $13.83 and a one-year low of $7.18. Currently, Pure Cycle has an average volume of 39.41K. PCYO’s market cap is $282 million and the company has a P/E ratio of 39.70.

The insider sentiment on Pure Cycle has been positive according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Pure Cycle Corp. engages in the provision of wholesale water and wastewater services. It operates through the Water and Wastewater Utilities, and Land Development segments. The Water and Wastewater Utilities segment focuses on customers of governmental entities, commercial and industrial customers through designing, engineering, constructing, operating and maintaining water and wastewater systems it owns as well as systems owned by others. The Land Development segment develops raw land by constructing infrastructure, including over-lot grading, wet and dry utility installation, storm water facilities, roads, parks and open space and other community improvements, to deliver finished lots to national home builders, as well as commercial and retail pad sites on its Sky Ranch land holdings. The company was founded in 1976 and is headquartered in Watkins, CO.

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