Trend Signal Now: The Hot Corner: Coliseum Capital Reveals a $4.25 Million $SONO Purchase

Wednesday, June 25, 2025

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Sonos Inc $SONO – Coliseum Capital is back again with a $4.25 million Form 4. This is their second major buy in the name this month.

Coliseum's clearly not done accumulating – and they rarely play small.

📌 Prospect Capital $PSEC – CEO John Barry just filed for a $1.99 million open-market buy. That's a big swing for a name that's been under heavy pressure.

Insider buying this size in the asset management space doesn't happen without a conviction.

While the stock presses against new all-time lows, it's important to note that it pays a nearly 20% dividend yield.

Here's The Hot Corner, with data from June 24, 2025:

Click the table to enlarge it.

📌 PureCycle Technologies $PCT – Sylebra Capital just dropped a 13D, raising its ownership position from 11.88% to 19.46%.

That's a monster jump. These guys are active when they want change – and a nearly 20% stake says they want it now.

The purchase comes at a time where the stock is putting the finishing touches on a multi-year bearish-to-bullish reversal base.

No coincidence insiders are accumulating here.

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The Hot Corner Insider

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Note that all actionable setups we discuss in The Hot Corner Insider are compiled on the Trade Ideas page.

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Alfonso Depablos | Senior Analyst, All Star Charts

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