Robotic Surgery CEO Writes $498K With a Cross About to Trigger
Larry Wood runs PROCEPT BioRobotics, the surgical robotics outfit going after prostate surgery, and this is his first buy on the ticker at $20.85. Price sits just above the 8-day and the 8 is squeezing up toward the 20. When that cross fires, systematic buyers tend to show up, and Wood's already positioned. The short-term trend agrees, but the medium and long timeframes still read sell, so respect the resistance at $24.20 and the risk that this stalls. A bull put spread beneath his $20.85 buy price lets you get paid to wait for an entry underneath the guy who knows the business best.
The Filing
| Ticker | PRCT |
| Company | PROCEPT BioRobotics Corp |
| Insider | Larry Wood, President, CEO |
| Buy amount | $498,315 |
| Filing date | August 10, 2026 |
| Conviction | Interesting · 50/100 |
| Setup type | Trend Confirmation |
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