4,160 Shares in Everpure, Inc. $P Bought by Left Brain Wealth Management LLC

Left Brain Wealth Management LLC acquired a new position in shares of Everpure, Inc. (NYSE:P) during the 3rd quarter, Holdings Channel reports. The firm acquired 4,160 shares of the company’s stock, valued at approximately $544,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of P. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in shares of Everpure by 3.4% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 99,873 shares of the company’s stock valued at $13,061,000 after buying an additional 3,300 shares during the last quarter. Soltis Investment Advisors LLC acquired a new stake in Everpure in the third quarter valued at $774,000. Choreo LLC acquired a new stake in Everpure in the third quarter valued at $545,000. Interchange Capital Partners LLC raised its holdings in Everpure by 10.6% in the third quarter. Interchange Capital Partners LLC now owns 9,989 shares of the company’s stock valued at $1,310,000 after acquiring an additional 961 shares in the last quarter. Finally, Motley Fool Asset Management LLC bought a new position in Everpure during the 3rd quarter valued at $1,342,000. 83.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on P. Evercore reissued an “outperform” rating and issued a $145.00 target price on shares of Everpure in a research report on Thursday, September 24th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Everpure in a research report on Monday, October 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $122.00 price target on shares of Everpure in a research report on Thursday, August 27th. JPMorgan Chase & Co. lifted their price target on Everpure from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Finally, Weiss Ratings raised Everpure from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $143.25.

Everpure Trading Down 7.5%

P opened at $126.91 on Friday. Everpure, Inc. has a 12 month low of $56.78 and a 12 month high of $157.57. The firm has a market cap of $42.29 billion, a PE ratio of 169.38, a P/E/G ratio of 4.58 and a beta of 1.39. The firm has a 50 day simple moving average of $119.70.

Everpure (NYSE:P) last announced its earnings results on Wednesday, August 26th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.51. Everpure had a return on equity of 19.06% and a net margin of 5.94%. The firm had revenue of $1.19 billion for the quarter. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. As a group, equities analysts predict that Everpure, Inc. will post 0.95 EPS for the current fiscal year.

Insider Activity at Everpure

In other news, insider John Colgrove sold 200,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $96.98, for a total transaction of $19,396,000.00. Following the transaction, the insider directly owned 6,474,080 shares of the company’s stock, valued at approximately $627,856,278.40. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,235,091 shares of company stock worth $142,276,537 over the last quarter. 5.10% of the stock is currently owned by company insiders.

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.