John Colgrove Sells 16,840 Shares of Everpure (NYSE:P) Stock

Everpure, Inc. (NYSE:P - Get Free Report) insider John Colgrove sold 16,840 shares of Everpure stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $70.06, for a total value of $1,179,810.40. Following the transaction, the insider owned 94,391 shares of the company's stock, valued at $6,613,033.46. The trade was a 15.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 stock was sold at an average price of $70.50, for a total value of $5,799,753.00.

Everpure Price Performance

Everpure stock opened at $69.99 on Friday. Everpure, Inc. has a 52 week low of $43.08 and a 52 week high of $100.59. The stock has a market cap of $23.13 billion, a P/E ratio of 127.26, a price-to-earnings-growth ratio of 5.18 and a beta of 1.34.

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Everpure (NYSE:P - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.04. Everpure had a net margin of 5.14% and a return on equity of 14.36%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business posted $0.45 earnings per share. The business's revenue for the quarter was up 20.4% compared to the same quarter last year. As a group, sell-side analysts predict that Everpure, Inc. will post 0.72 EPS for the current year.

Key Stories Impacting Everpure

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Recent fundamental beat and growth: Everpure reported a quarterly revenue and EPS beat in late February, with revenue up ~20% year-over-year and improving margins — a supporting cue for investors focused on growth/recent results.
• Positive Sentiment: Technical/market sentiment upgrade: IBD raised Everpure’s rating for improved price strength, which can attract momentum and growth-oriented investors. IBD Rating Upgrade
• Positive Sentiment: Customer/market traction: BlackBox Hosting highlighted bets on Everpure tied to growing UK sovereign cloud demand — a sign of commercial traction in a strategic market that could support revenue growth. BlackBox Hosting / Diginomica
• Neutral Sentiment: Bullish media coverage: Multiple bullish write-ups and idea pieces (Yahoo Finance / InsiderMonkey summarizing a Substack thesis) are increasing retail and institutional attention but do not by themselves change fundamentals. Yahoo Finance write-up InsiderMonkey summary
• Neutral Sentiment: Analyst / screen mentions: Everpure appears on lists of high-growth and cash-heavy stocks, which can broaden the investor base but offer mixed signals on valuation and risk. Yahoo — Cash-Heavy Stocks
• Negative Sentiment: Large insider selling over April 21–23: Director/officer John Colgrove sold substantial blocks across three days (totaling ~171k shares) under a pre‑arranged Rule 10b5‑1 plan, materially reducing his stake. While 10b5‑1 plans temper governance concerns, the volume is large and can weigh on near‑term supply/demand. SEC filing: SEC Form 4
• Negative Sentiment: Input-cost / supply pressure: Reporting indicates an AI-driven supply crunch has pushed supplier prices sharply higher, which Everpure says has "taken a hit" on operations — a potential near-term margin headwind if the company can’t pass costs to customers. The Register — Supply Crunch

Institutional Investors Weigh In On Everpure

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Several institutional investors have recently made changes to their positions in P. Integrated Wealth Concepts LLC bought a new stake in shares of Everpure in the first quarter valued at approximately $541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Everpure by 129.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,742 shares of the company's stock worth $387,000 after purchasing an additional 4,926 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Everpure by 109.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,137,939 shares of the company's stock worth $50,377,000 after purchasing an additional 595,307 shares during the last quarter. Empowered Funds LLC lifted its stake in Everpure by 4.2% during the first quarter. Empowered Funds LLC now owns 4,790 shares of the company's stock worth $212,000 after purchasing an additional 194 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Everpure by 261.1% during the second 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 during the last quarter. 83.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on P. Wall Street Zen raised Everpure from a "hold" rating to a "buy" rating in a report on Saturday, February 21st. Piper Sandler reissued a "buy" rating on shares of Everpure in a report on Thursday, February 26th. Barclays lifted their price target on Everpure from $77.00 to $81.00 and gave the stock an "equal weight" rating in a report on Thursday, February 26th. Northland Securities raised Everpure from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $77.00 to $81.00 in a report on Monday, March 9th. Finally, JPMorgan Chase & Co. dropped their price target on Everpure from $105.00 to $80.00 and set an "overweight" rating for the company in a report on Thursday, April 16th. Thirteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $93.21.

View Our Latest Stock Report on P

About Everpure

(Get Free Report)

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.

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