Insider Stock BuysAnalysis Archive

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

TickerPRCT
CompanyPROCEPT BioRobotics Corp
InsiderLarry Wood, President, CEO
Buy amount$498,315
Filing dateAugust 10, 2026
ConvictionInteresting · 50/100
Setup typeTrend Confirmation

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