WoodTrust Financial Corp Sells 7,565 Shares of Everpure, Inc. $P

WoodTrust Financial Corp lessened its position in Everpure, Inc. (NYSE:P) by 31.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,275 shares of the company’s stock after selling 7,565 shares during the period. WoodTrust Financial Corp’s holdings in Everpure were worth $2,129,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of P. Turiya Advisors Asia Ltd bought a new position in Everpure during the fourth quarter valued at about $67,010,000. JANA Partners Management LP acquired a new stake in Everpure in the 2nd quarter valued at about $77,939,000. Artemis Investment Management LLP boosted its position in shares of Everpure by 100.1% during the 3rd quarter. Artemis Investment Management LLP now owns 775,776 shares of the company’s stock valued at $101,456,000 after purchasing an additional 388,066 shares in the last quarter. Raiffeisen Bank International AG bought a new position in shares of Everpure during the 2nd quarter valued at about $25,525,000. Finally, Engineers Gate Manager LP acquired a new position in shares of Everpure in the 2nd quarter worth approximately $25,859,000. Institutional investors and hedge funds own 83.42% of the company’s stock.

Key Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Needham raised its price target from $150 to $185 and maintained a “Buy” rating. The target increase reflects confidence that Everpure’s expanded growth opportunities could support further gains. Needham raises Everpure price target
• Positive Sentiment: Management continues to highlight enterprise market-share gains and opportunities beyond traditional storage. Recent commentary points to AI-related demand in India, hyperscale solutions and modern data-management software as ways Everpure can expand its total addressable market. Everpure expands its addressable market
• Positive Sentiment: Fundamental momentum remains strong. Everpure’s latest quarterly results showed revenue growth of 37.7% year over year, while earnings per share significantly exceeded analyst expectations. Institutional investors also own approximately 83% of the shares, indicating substantial ownership by professional investors. Everpure growth and storage demand
• Neutral Sentiment: Valuation is the main risk. Everpure trades at more than 200 times reported earnings and at a high multiple even after adjusting for stock-based compensation. Investors are therefore pricing in sustained earnings growth from AI, enterprise and hyperscale demand. Everpure valuation analysis
• Negative Sentiment: Director Mallun Yen sold 11,942 shares worth approximately $1.76 million. The transaction reduced her holdings by 27.59%, although it was executed under a pre-arranged Rule 10b5-1 trading plan and may represent scheduled profit-taking rather than a negative view of the company. Everpure director stock sale

Everpure Stock Up 1.8%

Shares of P stock traded up $2.71 on Friday, reaching $153.28. 1,802,510 shares of the company’s stock traded hands, compared to its average volume of 3,791,945. The company has a market capitalization of $51.08 billion, a P/E ratio of 209.82, a P/E/G ratio of 5.09 and a beta of 1.39. Everpure, Inc. has a 12-month low of $56.78 and a 12-month high of $157.05. The company has a 50 day moving average of $108.63.

Everpure (NYSE:P) last announced its quarterly earnings data on Wednesday, August 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping 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 during the quarter. Everpure’s quarterly revenue was up 37.7% on a year-over-year basis. On average, equities research analysts expect that Everpure, Inc. will post 0.95 EPS for the current year.

Insider Activity at Everpure

In related news, CAO Mona Chu sold 2,852 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $140.20, for a total transaction of $399,850.40. Following the transaction, the chief accounting officer directly owned 131,094 shares of the company’s stock, valued at approximately $18,379,378.80. The trade was a 2.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ajay Singh sold 42,930 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $124.17, for a total transaction of $5,330,618.10. Following the completion of the transaction, the insider owned 288,362 shares in the company, valued at approximately $35,805,909.54. This represents a 12.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 947,444 shares of company stock valued at $99,631,875 over the last ninety days. 5.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

P has been the topic of a number of research reports. Raymond James Financial reiterated an “outperform” rating and issued a $122.00 target price on shares of Everpure in a report on Thursday, August 27th. Lake Street Capital lifted their price target on shares of Everpure from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, September 24th. DA Davidson set a $100.00 price target on Everpure in a report on Wednesday, July 1st. Northland Securities set a $167.00 price objective on Everpure in a research report on Thursday, September 24th. Finally, Wells Fargo & Company lifted their target price on Everpure from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Thursday, September 24th. Seventeen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $140.00.

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.