Everpure, Inc. (NYSE:P – Get Free Report) insider John Colgrove sold 10,280 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $85.32, for a total transaction of $877,089.60. Following the transaction, the insider owned 6,614,941 shares of the company’s stock, valued at $564,386,766.12. This represents a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
John Colgrove also recently made the following trade(s):
- On Monday, May 11th, John Colgrove sold 200,000 shares of Everpure stock. The stock was sold at an average price of $85.93, for a total transaction of $17,186,000.00.
- On Thursday, May 7th, John Colgrove sold 29,108 shares of Everpure stock. The stock was sold at an average price of $75.31, for a total transaction of $2,192,123.48.
- On Wednesday, May 6th, John Colgrove sold 27,578 shares of Everpure stock. The stock was sold at an average price of $75.01, for a total transaction of $2,068,625.78.
- On Tuesday, May 5th, John Colgrove sold 77,579 shares of Everpure stock. The stock was sold at an average price of $75.12, for a total transaction of $5,827,734.48.
- On Friday, April 24th, John Colgrove sold 28,935 shares of Everpure stock. The stock was sold at an average price of $70.01, for a total transaction of $2,025,739.35.
- On Thursday, April 23rd, John Colgrove sold 71,959 shares of Everpure stock. The stock was sold at an average price of $70.06, for a total transaction of $5,041,447.54.
- On Wednesday, April 22nd, John Colgrove sold 82,266 shares of Everpure stock. The stock was sold at an average price of $70.50, for a total transaction of $5,799,753.00.
- On Tuesday, April 21st, John Colgrove sold 16,840 shares of Everpure stock. The stock was sold at an average price of $70.06, for a total transaction of $1,179,810.40.
Everpure Price Performance
Shares of NYSE:P opened at $72.19 on Friday. The stock has a market cap of $23.86 billion, a price-to-earnings ratio of 109.39, a price-to-earnings-growth ratio of 5.56 and a beta of 1.44. Everpure, Inc. has a twelve month low of $50.20 and a twelve month high of $100.59.
Analyst Upgrades and Downgrades
P has been the subject of a number of analyst reports. Northland Securities set a $90.00 price objective on shares of Everpure in a research report on Thursday, May 28th. William Blair reiterated an “outperform” rating on shares of Everpure in a research report on Thursday, May 28th. UBS Group lifted their target price on shares of Everpure from $63.00 to $70.00 and gave the company a “sell” rating in a research report on Thursday, May 28th. Morgan Stanley lifted their target price on shares of Everpure from $84.00 to $87.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Finally, Wedbush lifted their target price on shares of Everpure from $100.00 to $105.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Everpure presently has a consensus rating of “Moderate Buy” and an average target price of $96.32.
Read Our Latest Analysis on Everpure
Institutional Trading of Everpure
Large investors have recently added to or reduced their stakes in the stock. Provenance Wealth Advisors LLC purchased a new position in Everpure in the 3rd quarter worth about $27,000. Salomon & Ludwin LLC grew its stake in shares of Everpure by 108.2% during the 4th quarter. Salomon & Ludwin LLC now owns 383 shares of the company’s stock valued at $27,000 after acquiring an additional 199 shares during the period. Foster Dykema Cabot & Partners LLC bought a new position in Everpure in the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. boosted its stake in Everpure by 287.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 329 shares of the company’s stock worth $28,000 after purchasing an additional 244 shares during the period. Finally, Assetmark Inc. boosted its stake in Everpure by 186.6% in the 3rd quarter. Assetmark Inc. now owns 341 shares of the company’s stock worth $29,000 after purchasing an additional 222 shares during the period. Institutional investors own 83.42% of the company’s stock.
About Everpure
Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.
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