Everpure (NYSE:P) Insider John Colgrove Sells 29,108 Shares

Everpure, Inc. (NYSE:P) insider John Colgrove sold 29,108 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $75.31, for a total transaction of $2,192,123.48. Following the sale, the insider directly owned 467,694 shares in the company, valued at approximately $35,222,035.14. This trade represents a 5.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

John Colgrove also recently made the following trade(s):

• On Wednesday, May 6th, John Colgrove sold 27,578 shares of Everpure stock. The shares were sold at an average price of $75.01, for a total value of $2,068,625.78.
• On Tuesday, May 5th, John Colgrove sold 77,579 shares of Everpure stock. The shares were sold at an average price of $75.12, for a total value 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 value 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 value of $5,041,447.54.
• On Wednesday, April 22nd, John Colgrove sold 82,266 shares of Everpure stock. The shares were sold at an average price of $70.50, for a total value of $5,799,753.00.
• On Tuesday, April 21st, John Colgrove sold 16,840 shares of Everpure stock. The shares were sold at an average price of $70.06, for a total value of $1,179,810.40.

Everpure Trading Up 1.9%

Shares of Everpure stock opened at $75.85 on Friday. Everpure, Inc. has a 12-month low of $47.64 and a 12-month high of $100.59. The stock has a market capitalization of $25.07 billion, a PE ratio of 137.91, a PEG ratio of 5.56 and a beta of 1.44.

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

More Everpure News

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.

Analyst Ratings Changes

Several research firms recently issued reports on P. JPMorgan Chase & Co. dropped their price objective on Everpure from $105.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. Citigroup decreased their target price on Everpure from $105.00 to $90.00 and set a “buy” rating on the stock in a research note on Tuesday, February 17th. Wall Street Zen raised Everpure from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Barclays lifted their target price on shares of Everpure from $77.00 to $81.00 and gave the company an “equal weight” rating in a research report on Thursday, February 26th. Finally, UBS Group upped their price objective on Everpure from $60.00 to $63.00 and gave the stock a “sell” rating in a report on Thursday, February 26th. Thirteen investment 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’s stock. Based on data from MarketBeat, Everpure presently has an average rating of “Moderate Buy” and a consensus target price of $93.21.

Institutional Trading of Everpure

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Everpure by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 33,891,025 shares of the company’s stock worth $2,840,407,000 after buying an additional 623,019 shares during the last quarter. State Street Corp raised its holdings in Everpure by 0.8% during the fourth quarter. State Street Corp now owns 10,953,501 shares of the company’s stock valued at $733,994,000 after acquiring an additional 88,583 shares during the period. Geode Capital Management LLC raised its stake in Everpure by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 7,716,158 shares of the company’s stock valued at $515,972,000 after purchasing an additional 207,317 shares during the period. Atreides Management LP lifted its holdings in shares of Everpure by 15.4% in the third quarter. Atreides Management LP now owns 4,098,376 shares of the company’s stock worth $343,485,000 after buying an additional 545,890 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Everpure by 786.9% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 4,027,610 shares of the company’s stock worth $337,554,000 after purchasing an additional 3,573,493 shares in the last quarter. Hedge funds and other 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.