Everpure (NYSE:P) Insider John Colgrove Sells 27,578 Shares

Everpure, Inc. (NYSE:P) insider John Colgrove sold 27,578 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.01, for a total transaction of $2,068,625.78. Following the completion of the sale, the insider directly owned 496,802 shares in the company, valued at $37,265,118.02. This represents a 5.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 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 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 shares were 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 Trading Up 1.9%

NYSE P opened at $75.85 on Friday. Everpure, Inc. has a twelve month low of $47.64 and a twelve month high of $100.59. The stock has a market cap of $25.07 billion, a price-to-earnings ratio of 137.91, a PEG ratio of 5.56 and a beta of 1.44.

Everpure (NYSE:P) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.65 by $0.04. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.03 billion. Everpure had a return on equity of 14.36% and a net margin of 5.14%.The company’s revenue was up 20.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. On average, analysts predict that Everpure, Inc. will post 0.72 EPS for the current fiscal year.

Hedge Funds Weigh In On Everpure

Hedge funds and other institutional investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC purchased a new stake in Everpure in the first quarter worth $541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Everpure by 129.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,742 shares of the company’s stock valued at $387,000 after purchasing an additional 4,926 shares during the period. Goldman Sachs Group Inc. increased its position in Everpure by 109.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,137,939 shares of the company’s stock valued at $50,377,000 after purchasing an additional 595,307 shares during the period. Empowered Funds LLC raised its holdings in Everpure by 4.2% in the 1st quarter. Empowered Funds LLC now owns 4,790 shares of the company’s stock worth $212,000 after purchasing an additional 194 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Everpure by 261.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,203 shares of the company’s stock worth $184,000 after purchasing an additional 2,316 shares in the last quarter. Institutional investors own 83.42% of the company’s stock.

Everpure News Roundup

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Recent quarterly results showed a beat on both EPS and revenue (quarterly EPS $0.69 vs. $0.65 estimate; revenue $1.06B vs. $1.03B), with revenue up ~20% year?over?year — a catalyst supporting the stock’s upward move. Read More.
• Neutral Sentiment: Management announced a conference call to report first?quarter fiscal 2027 results on May 27; the scheduled release and call create a near?term event that can drive volatility but also provide fresh guidance. Read More.
• Neutral Sentiment: Analyst/coverage pieces are pointing to strong recent share gains and re?rating discussions after a multi?week rally; that attention can attract momentum buyers but raises valuation scrutiny (high P/E). Read More.
• Negative Sentiment: Senior insider John Colgrove sold substantial blocks of stock across May 5–7 (totaling over ~134,000 shares across filings), reducing his holdings by double?digit percentages in some filings — a signal investors often view negatively. The sales were executed under a pre?arranged Rule 10b5?1 plan, which tempers but does not eliminate market concern. Read More.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Barclays boosted their price objective on shares of Everpure from $77.00 to $81.00 and gave the stock an “equal weight” rating in a report on Thursday, February 26th. JPMorgan Chase & Co. reduced their target price on shares of Everpure from $105.00 to $80.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. UBS Group lifted their target price on shares of Everpure from $60.00 to $63.00 and gave the stock a “sell” rating in a research report on Thursday, February 26th. Citigroup cut their price target on shares of Everpure from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Finally, Piper Sandler reaffirmed a “buy” rating on shares of Everpure in a research note on Thursday, February 26th. Thirteen research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $93.21.

Everpure Company Profile

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.