Everpure, Inc. $P Shares Sold by TD Asset Management Inc

TD Asset Management Inc decreased its position in Everpure, Inc. (NYSE:P) by 27.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 392,800 shares of the company’s stock after selling 145,345 shares during the quarter. TD Asset Management Inc owned 0.12% of Everpure worth $26,322,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in shares of Everpure by 40.1% in the 3rd quarter. Smartleaf Asset Management LLC now owns 468 shares of the company’s stock worth $39,000 after acquiring an additional 134 shares in the last quarter. One Capital Management LLC grew its position in shares of Everpure by 1.0% in the 3rd quarter. One Capital Management LLC now owns 14,750 shares of the company’s stock worth $1,236,000 after acquiring an additional 141 shares in the last quarter. Rothschild Investment LLC grew its position in shares of Everpure by 18.1% in the 4th quarter. Rothschild Investment LLC now owns 993 shares of the company’s stock worth $67,000 after acquiring an additional 152 shares in the last quarter. State of Wyoming grew its position in shares of Everpure by 10.3% in the 3rd quarter. State of Wyoming now owns 1,673 shares of the company’s stock worth $140,000 after acquiring an additional 156 shares in the last quarter. Finally, GraniteShares Advisors LLC grew its position in shares of Everpure by 2.3% in the 4th quarter. GraniteShares Advisors LLC now owns 6,918 shares of the company’s stock worth $464,000 after acquiring an additional 157 shares in the last quarter. Institutional investors and hedge funds own 83.42% of the company’s stock.

Insider Activity at Everpure

In other news, insider John Colgrove sold 10,280 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $85.32, for a total value of $877,089.60. Following the sale, the insider owned 6,614,941 shares of the company’s stock, valued at approximately $564,386,766.12. The trade was a 0.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 544,545 shares of company stock valued at $42,198,324. 5.10% of the stock is currently owned by insiders.

Everpure Stock Up 0.0%

Shares of P stock opened at $72.19 on Monday. Everpure, Inc. has a 1 year low of $50.20 and a 1 year high of $100.59. The firm has a market cap of $23.86 billion, a price-to-earnings ratio of 109.39, a price-to-earnings-growth ratio of 5.12 and a beta of 1.44.

Everpure (NYSE:P) last posted its quarterly earnings data on Wednesday, May 27th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.07. Everpure had a return on equity of 15.97% and a net margin of 5.75%.The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $997.88 million. During the same quarter in the previous year, the business earned $0.29 EPS. The company’s quarterly revenue was up 35.2% compared to the same quarter last year. Equities analysts expect that Everpure, Inc. will post 0.73 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Everpure from $80.00 to $92.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and set a $100.00 price objective on shares of Everpure in a research note on Thursday, May 28th. William Blair restated an “outperform” rating on shares of Everpure in a research note on Thursday, May 28th. Wall Street Zen upgraded Everpure from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Finally, Northland Securities set a $90.00 price objective on Everpure in a research note on Thursday, May 28th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Everpure presently has an average rating of “Moderate Buy” and an average price target of $96.32.

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.